Disclosure: I own shares in one or more of the stocks 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 unfolding New World Oil & Gas (NEW) fiasco has taken some bizarre turns, but I’ve just seen written evidence from one new New World shareholder that his broker has only been able to settle 1,060 of the 10,000,000 shares he should have received last Tuesday. That isn’t a misprint. He has only received 1,060 shares, as of writing. If there were any doubt how serious the settlement situation is in respect of New World’s stock that is now blown away. All that can save the reckless forward sellers is for New World to issue more shares.
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Comments
wildrides
Broken man Dan is making threats about ripping you an extra arse in the libel court according to his output arriving in my inbox today ……. sounds like a threat to me ……. most unwise going to print with a threat I would have thought . Pump and dump bloggers ……… what are they like ? Have they no decorum . He needs to sit in marble bath and contemplate his output for a while .
TW Note. See you in Court bitchezwildrides
Funny thing is :- Broken man Dan is claiming that Snake oil Chris has an 82 year old mother “with a heart condition” who was the real buyer of the shares ( yeah right ) in New and that she has been endlessly pestered by the regulatory authorities ever since and this is some kind of infringement of her human rights . Well dear …….. if you are indeed 82 and indeed have a heart condition , then I urge you with the upmost sincerity to stop playing the stock market , sit back in your arm chair and relax , take a cruise , enjoy your garden ……. anything but play the stock market ……… it is not a game of grand deluxe bingo for the elderly and you are likely to get ill with stress or lose your stake. Chris really …….. dragging your 82 year old mum into your risky schemes ………what are you like . My dear old mum popped her clogs at 80 and I would not have dreamed of letting her get into this type of pickle .
I hope your mum fully recovers from the stress.
p j
Ben
You talk a good game, but being aligned to TW at the present time does you no favours. I fear Pandora’s box is about to be opened by BMD (who is no better than TW or Chris Oil et al). It’s not just the NEW share issue that is starting to stink, the whole infighting is bringing hidden truths about all mentioned, none of whom will come out with their reputations intact. BMD has fired the first shot at you and TW, I fear it has just started. Be careful what you wish for.
p.s Sacked/re-hired? How does that sit with free speech, Tom?
TW note Ben was not sacked - just read the piece we did together
Wellinever
So what % of trades settle on time in the AIM market?
Emeline Mesa
Invaluable suggestions , I loved the points . Does someone know where I can locate a template MD MS-100 document to edit ?
wildrides
Blimey ………….. That was a long nap Emel !