In the wake of Gabriel Grego’s superb expose on Darktrace (DARK ), HERE, CEO Poppy Gustafsson made great play, as part of her range of responses, in buying 48,000 shares. But that was a spoof as Gabriel pointed out on twitter yesterday:
I start with this, I promise, hypothetical explanation. Then I look at Canadian Overseas Petroleum (COPL) – ouzo for yours truly tonight. There was not time to discuss another triumph, Guild ESports (GILD) so you will have to make do with my article earlier HERE but I am working on the next exposé of that crock. Then I look at Darktrace (DARK) and Deepverge (DVRG) which might just be a buy. I discuss ShareStock, now almost half booked out even though it is not for almost nine months. You can get more details, discover our latest new speaker and book HERE
I start with an apology for Canadian lie-ins. Then I look at Darktrace (DARK) - Gabriel Grego's new target ,at Caracal Gold (GCAT) and 2 questions for Andrew Monk as the FCA enquiry continues, ITM Power (ITM) and David Beckham stock market disgrace Guild ESports (GILD) and why its deception today matters.,
Myself, Matt Earl, Steve Moore and Chris Bailey have all been bearish on the bastard child of the Autonomy fraud, that is to say Darktrace (DARK). Now our hero Gabriel Grego joins the party with a damning 70 page dossier. At 200p it remains a £1.44 billion short. Enjoy...
In today's podcast, I look at Darktrace (DARK) as its shares slump again, Avacta (AVCT) , Novacyt (NCYT), UK base rate rises, nanosynth (NNN) and the dishonesty of journalist smearing and trolling Union Jack Oil (UJO). PS, Matt Earl, the Dark Destroyer, tells me that he has added to his Darktrace short today.
A few logistics on shared cabs etc for Sharestock first. Then Darktrace (DARK), Funding Circle (FCH), Alien Metals (UFO), Cenkos (CNKS), FinnCap (FCAP), Shield Therapeutics (STC) and Restaurant Group (RTN)
Last week the Dark Destroyer agreed to do a conference call with a few fund managers to discuss Darktrace (DARK). Some sad feck recorded the call and passed the recording to the Sunday Times which ran a big story “exposing Matt’s undisclosed short”. If only financial journalists on the deadwood press understood that short disclosures are only visible over 0.5%. So, for Darktrace that would be c. £18 million, way too big for Earl’s Shadowfall oufit. Earl is hiding nothing.
A second podcast on the US elections, analysis results I predicted so accurately yesterday can be found HERE. In this Bearcast I cover Chill Brands (CHLL), what the FCA must do NOW and why Chill is now officially fecked, Darktrace (DARK), Trainline (TRN) and shocking news from Parlsey Box (MEAL) flagged up by Sherlock – surely this demands a formal statement.
Darktrace (DARK) floated on May 4 at 250p. Great play was made in the lengthy prospectus of how stacks of existing shareholders were locked in, legally bound to hold their shares for 6 or 12 months. Except this is all meaningless gibberish.