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 am beginning to think that I am surrounded by lunatics. I fear a dawn raid on the ShareProphets editorial team by the men in white coats at any stage. Old Malcolm Stacey believes in the money tree, Zak Mir believes in charting, Ben Turney believes in Gulf Keystone (GKP) but worst of the lot, Gary Newman, has today tipped shares in Alba Minerals (ALBA) at 0.23p to buy. Saints preserve me.
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Comments
Gary Newman
Tom,
I think I’ve made it pretty clear what i think of ALBA as a company and as any sort of longer term hold, plus mentioned its propensity for issuing shares regularly.
I do think that there will be interest in HH again when this flow test gets underway and that Alba possibly offers a cheap play on all that hype, and have suggested banking a quick profit if people get a chance to and not being greedy.
I’ve been negative from the outset on HH in general, but do recognise that a lot of PIs are interested in it – UKOG looks well over-valued to me at current market cap though.
I’ve covered this on the basis that the flow test will happen fairly soon – if it doesn’t then totally agree that the company will likely have to raise again.