UK 11:52 Wednesday, 7 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.
Our very own Janos Hipsley flagged Allied Minds (ALM) as a stonking sell at 660p back in May - HERE. The shares are now 451p down 12.7% on the day as US bear raiders Kerrisdale went on the war path. It has released a pretty damming report.
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Comments
handybrownone
Big slide today – thanks for the heads up. I sold the same day this came out – I’m not going to swim against the market on this one…..These IP companies are really hard to value since they are a bag load of different start ups. Clearly there is a long history of success – BTG, IP.com, Imperial innovations etc. So I followed Neil W in – bit only last week as I felt the SP drop has eased off – but no. Will watch it unfold. Sold at a loss but could have been worse. BTW Amphion is one that I do rate. But seeing as I bought Allied Minds….. much talk about a US biotech bubble about to pop just like 2001.