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 refer at the start to my other podcast today on why the striking Junior Doctors are lying, greedy, bastards. You can listen to that HERE. Onto shares and I start with the madness of the 88 Energy (88E) share price today on a risk reward basis. Then it is onto Hornby (HRN), Renold (RNO), Global Invacom (GINV), Wandisco (WAND), Leed Resources (LDP), Golden Saint Resources (GSR), Fusionex (FXI) - target price 0p - Phorm (PHRM) and finally I ask all of you a question about Imaginatik (IMTK).
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Comments
Duck and Dive
Disappointing! I was certain you would have rigged up a videocam to relay the MTV SP live from the stock exchange floor. I can’t work out the market cap but it must be under £20k by now – and some kamikaze muppets seem to be buying a notifiable holding this afternoon, for pennies.
JSB
TW- didn’t 88E declare this well would be non commercial before they even drilled it? Even if it came in on prognosis. One for the future so to speak.
I’m sure I read that somewhere, and I suspect the oil price was significantly higher when they stated that.
G man
Like you said 99% ain’t got a clue, you being one of them.
Tom Winnifrith
Gman
I suppose working as an oil analyst in the City’s No rated oil team doesnt count then? What was your training mr expert?
T
Daniel Victor
Re the doctors,there is actually a useful analogy here – with Premiership footballers ! Few would argue with the fact that the latter are horrendously overpaid – however,they are still human,and their performance suffers if they play too many games. We don’t have enough doctors in the NHS.So the junior doctors we do have wind up working too many hours – they don’t have to,but they do – so their performance suffers.Now the government has promised us better access to doctors at a time of our choice,which will mean at evenings and weekends.Okay,great,except we don’t have enough doctors for that ! So the ones we do have don’t want anything that will entail an increase in their hours, since their performance would suffer as they became even more tired,and we can’t afford to do anything that might drive them away. If bankers make mistakes because they are tired,it costs the banks money.If doctors make mistakes because they are tired,people can become ill and die.
G man
My training is to spot a bargain when I see one hence buying this at 0.306… How’s Acp doing??