As Nigel reminded us the other day, a golden rule from London’s most bombastic short seller Evil Knievil ( not to be confused with his fellow gourmand and bear Evil Banksta) is that a director share purchase which is small relative to his or her net wealth or salary is not a buy signal but a sell signal. Today we have news from Audioboom (BOOM) following its FY and Q1 results earlier this week:
Audioboom (BOOM), formerly the platform of alleged sex pest turned born again Christian Russell Brand, has today served up what has to be viewed as an upbeat trading statement but its choice of metric is one that should raise alarm bells. Who is it trying to fool? Itself or us?








