Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It really is time that I took the mantle up and commented on some of the so-called “Bulletin Board Heroes” for exactly what they are. At best lifestyle companies run for the benefit of their Board at worst out and out frauds using the London Stock Exchange as a mechanism for Corporate self-aggrandisement. Of course not all are fakirs or frauds some are just badly run companies while others have failed through poor management decisions or been subject to the vagaries of the market in which they operate. I hear an awful lot about the “China frauds” but there’s another class of dodgy geezers operating out of Perth Western Australia. The “Aussie Lurkers. What’s a Lurk? Google it!
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Comments
Diamond Don
Do I take it that Dan the Man has now given up on his £5/share prediction……..
Wasn’t that long ago.
wildrides
Anything uk listed thats Australian/ NZ is a POS . Especially mining / oil , but generally everything . Just throw your money down a bottomless pit or better still , give it to a worthy charity . If you think about it they have their own stock market down there . Its a healthy market , but it does not like shite . Especially natural resourses shite . They are a mining country who know their mining onions and they know shite when they see it . The only way it gets to London is that its too shite for their own markets .
Ps if you have a daughter …… dont let her backpack alone to Aus or especially NZ . They have a very low opinion of females out there , they are racist as hell , they cant drive safely , drink driving is common place and in NZ murdering lone females is the second national sport . And I have not even got on to the subject that most of the native animals try their best to kill you …….. day and night , they are on a mission .