UK 23:11 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
The Bear shares portfolio I outlined for summer on 19 July HERE is doing pretty well i.e tanking. Yesterday I outlined my reasons for continuing to remain bearish at a macro level HERE and I also refer to an excellent piece on Zero Hedge HERE. Then I return to the bear portfolio which is:
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Paul Curtis
Tom
GKP’s last raise earlier this year only succeeded since heavily backed by two City funds. I can’t see KRG not giving a **** about City support when trying to raise $5bn?
To keep GKP alive (until oil bounces) will cost peanuts and KRG would be suicidally crazy to undermine Western sentiment when desperate for Western investment. Read latest updates from Genel and DNO – production is about to decline unless oil companies invest more.
Best
Paul
Paul Curtis
Oh, and before you slag me off as a loony GKP fan, I own the Bonds and wouldn’t buy the shares (or short) since valuing the equity beyond my pay grade in this market.
I have been heavily buying Genel equity though