As a bonus feature the Closet Chartist has served up his six most exciting AIM TA situations of the week. His third pairing are Greenko (GKO) and Globo (GBO).
To great fanfare it was announced that Globo (GBO) CEO and founder Costis Papadimitrakopoulos (crazy name, crazy sort of guy) has today bought 100,000 shares at 62.27p – this is a bravado buy and means not a lot. As I shall explain.
Paul Scott is very much an independent thinker – he is his own man. No doubt some Bulletin Board Morons reckon that anyone who is shorting Globo (GBO) is all part of some wicked plot involving the usual suspects: Cawkwell, Miers, Earl, Winnifrith, the late Saddam Hussein, etc. Au contraire, it is just that any sentient being knows this is going down.
It is interesting that even from the beginning of the recent “volatility” shares in Globo (GBO) gave the impression of being more of a Quindell Portfolio (QPP) or even an Iofina (IOF), rather than a genuine bear raider triumph situation.
Globo (GBO) sought to reassure investors’ nerves last week with an upbeat announcement showing revenues for the nine months to September up 58% from the comparable period last year to Euro 50 million. It revealed that it generated free cash flow of Euro 400,000 and said that this was set to grow as its Enterprise business grew, attracting faster paying customers. So why do I stay short?
Bear raider Evil Knievil has revealed to shareprophets that he is enjoying a dual celebration this morning thanks to him following a diplomatic path and thanks to Globo (GBO).
Globo (GBO) shares have rallied today as certain spivvy bears closed shorts but the king of forensic analysis Matt Earl (The dark Destroyer) has this afternoon served up a seminal piece which must surely cause extreme jitters in the bull camp.
What is interesting about the recent share price slump of Globo (GBO) is the way that while the sell call on a technical basis was not a high conviction one, that the shares were headed to 50p has so far panned out almost exactly.
What a spiv! Having called Globo (GBO) down to 10p after opening a short, we can reveal that once legendary bear raider Evil Knievil has closed his position at 52p. But not all bears are so faint hearted.
AIM listed Globo (GBO) is a stock that both Lucian Miers and Evil Knievil are shorting. I reckon that it is a slam dunk sell as does the Closet Chartist. But the dark destroyer is top analyst Matt Earl who has today published a seminal piece of forensic analysis. Anyone not selling after reading Matt’s article is mad. And an RNS out today is bizarre.
Bear raider Evil Knievil is short of Globo (GBO) at 70p. Much of what he says cannot be printed in a family lawsuit avoid publication. However we can reveal...
It has not been a pleasant month to date as far as shares of Globo (GBO) are concerned. I see that on Shareprophets my fundamental colleagues have today all lined up to have a go: Lucian, Tom and Paul Scott are all bears. So am I.
Two stocks but the same story. Reported profits can be whatever you want them to be. Forget trading it is all down to how your accountant presents the numbers. Profits are a matter of opinion. Cash is a matter of fact. I start with Globo (GBO) which everyone seems to be bashing today.
A wonderful spat has been developing on various bulletin boards in the last few days between bulls and bears of Globo (GBO) the fast growing telecommunications software group which is capitalised at £234 million and tapped the market last week for £25 million at 71p per share. I have gone short.
It is perhaps rather unfortunate that after more than a decade exposed to the language, my knowledge of Spanish is basic to say the least. However, I do know that Globo (GBO) means balloon, and that as far as the technicals of the international mobile solutions and software are concerned the stock is set to float higher for the AIM 100 listed technology play.
AIM-listed provider of mobile, Software-as-a-Service and telecom software products and services Globo Plc (GBO) has today announced that it “has achieved a financial performance for 2012 ahead of market expectations” and that, having completed a “transformation into a truly international technology vendor in the hottest place in the technology market today”, it aims to continue doing so. With, on the back of the trading update, the shares currently more than 6% higher at 29.5p, capitalising the company at £100 million is it too late to get on board?
