Disclosure: The author has a short position in one or more of the shares mentioned. 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.
The bad news is that there is little or no value in the equity, which means that shareholders are going to lose all of their money.
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Comments
DUCK AND DIVE
Nicely written, Waseem; I will read any more articles you care to contribute.
The Afren BBs seem to be overrun by day traders/pumpers and dumpers so there will presumably be some more fun and games before the fat lady sings.
Mike
Interesting article Waseem. If shareholders are going to lose all of their money, why is one third of Afren owned by large institutions? Kind regards Mike.
wildrides
I hope the bond holders get the business ……… then fuck it up again and loose everything . Sounds to much like gloating for my modest tastes. May karma bite you on the arse , and hard, at some point furthur down the line .
alfie
What a con artist ? You would say that and its in your interests to do so !! IMHO
Jimbo
Wildrides,
Sounds like you might be an Afren Shareholder…
No response necessary, but good luck if you are.
Jimbo
BananaBob
Waseem
How stupid do you think people are? Well let me answer that for you, very, judging by your article
Let’s get one or two things straight here. First of all you are not a bond holder in Afren, never have been. No self respecting bond holder would spend time writing or posting on this 2 bob site
What you are is a reasonably clever shorter who uses a slightly different angle to promote his own short on a 2 bob shorting website. Everyone as an agenda and that agenda is to make money. Although yours is undeniably more poposterous than most.
End of
wildrides
Jimbo ………. no not a holder …………….Just I always naturally seem to want to support the underdog for some inexplicable and irrational reason …….the poor old shareholder . With the exception of QPP and the like , who have had plenty of prior warnings and are just stubborn beyond belief .
wildrides
Banana ,
this is no “two bob” site ………………….. its free ! ………….. and very good indeed . I have been reading since day one and even have been known to make the odd comment on occasion . I especially like the quality of the Queens English used ( although using a few more “cunts” instead of “morons” would add some welcome variation ) Tom is like Shakespeare with tourettes in his writing media output and even better on audio media . He is very tolerant and seems to post all views in the comments with out bans or censorship so far as I am aware . Free speech in other words . L.S.E gave me a lifetime ban just for posting share prices without the 15 minute delay . Can you imagine that ……….. a chat site that does not allow you to discuss the live share price at the time of the post . Wankers does not even begin to cover it .