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.
I hope you had your beer and popcorn ready for the IPO of Lenigas Cuba (CUBA) at 5p because the spread on the shares right now is 1p-1.75p and it gets worse. The “size” is 25,000 to 50,000 which means that you can sell in parcels with a maximum value of £500. If you invested £500,000 at 2p like market abuser Chris Oil did back in July its going to take a long time and a lot of phone calls to get, some of, mummy’s money back.
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Comments
BobbyChariot
Spread 1 – 1.5 ouch.
Pity it isn’t on LSE because the bulletin board would have had some great laughs on it.
Elcapital
It seems anything market abusing gimp chris oil invest (I use the word lightly) in, goes down atleast fifty per cent. It seems such a short while ago that this absolute clown says he only invests to make a hundred per cent in a week, and a thousand per cent in a month. His self proclaimed one hundred per cent record is in fact 12% and he still lives at home is his mothers £35 a night B&B. Atleast the real Mr Bean lived in his own house
How can anyone with any sense listen to the clown, he is a red flag
Mammy Yoko
Love it! Classic Tom! This is why we all read your stuff.
wildrides
Revenge is a dish best served cold ………. even if you did spit on it a few times whilst preparing it in the kitchen .
drunken sailor
What % of the company does big Dave own? Is it over 30%? Does he need to make an offer for all issued shares at the highest price he paid (5p)? Would that not be just desserts for his 140M at 0.01p
Antondec
Your work recently has been first rate. The bearcast on Globo with its lessons for investors, the continued work on the China frauds and your dissection of this Lenigas “Winnie the Pooh hand in the cookie jar” cash grab the highlights for me.
Congratulations and thanks.
Antondec
AK47
Once again you have proved your point. All these individuals who abuse you, call you a troll and even worser things are proven to be the twats.