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.
All sorts of crap shares are going up today and some that are not crap but are just insanely overvalued. In a podcast riddled with bad langauge I discuss 88 Energy (88E), Fast Forward (FFWD), Phorm (PHRM), Hornby (HRN) and Glenwick (GWIK) among the risers and among the fallers I look at Auhua Clean (ACE), All Leisure (ALLG), Iofina (IOF), ETherapeutix (ETX), the frauds Jiasen (JSI) and Aquatic Foods (AFG) and finally I ask all the advisors (nomad, broker PR flunkies) to Magnolia (MAGP) just show shabby and dirty they feel today. If I was them I would feel sordid and ashamed. They are all beneath contempt.
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Comments
Daniel
It is a pleasure to hear someone actually support Assad. The place is a mess, but was once a beautiful country – even under a dictatorship. It appears to be in (I hope) the end-game similar to Spain in early 1939…
Andre Brand
Absolutely great Bearcast. This North American oil production / land grab business model of small percentage participation interests in production wells has now been shown up to be very risky. Look at Chesapeake for example!!!!
wildrides
I dont know how you can say we should support Assad and Putin given their record of human rights abuse on a grand scale . Bombing hospitals ,schools , maternity units and other civilian targets is just a small recent contribution they have made to appalling war crimes . I am appalled that you firstly feel the need to hold such views and secondly promote them to the general public . Truly shocking .
Andy
Hi Tom, great follower of your podcast which whether I agree or disagree I still find very informative and entertaining.
Just a quick note about your bearcast podcast, which I tend to listen to on my iPhone and tablet (yep app downloaded twice so mr proctor can pump up his figures), however this particular episode doesn’t seem to have been distributed on the boom mobile devices. Not sure if this is deliberate or not, but it would have been great to have received it on that media, as couple of friends couldn’t listen to it either.
Hope that’s OK to point out and keep the good work and the daily rants going.
alcira16247
Tom
The Middle East is a tinderbox waiting for a spark. A Third World War may well be on the cards, given the histories of hate and mistrust between the main adversaries. Every week has seen tensions raised to new heights.
A US submariner suffering from a ‘bad hair day’? Russian fighters dogfighting with Turkish planes? Given the close operational proximities of the opposing armed forces the possibilities for open warfare breaking out between World Powers is virtually endless.
Thus, with the worlds major oil producing region in utter confusion and turmoil, isn’t it all the more remarkable that we see the price of crude oil hitting new lows?
What price oil if and when Iranian missiles strike at a major Saudi oilfield?
Scampi
re Syria, the US have been backing ISIS all along while only hitting the expendible ISIS targets.
Wildes, didn’t the US recently bomb an hospital in Afghanistan?
It’s only since Russia intervened and started bombing the oilfields and tankers etc that some decent progress has been made!
The so called “elite” who want to implement a one world government (dictatorship) actually WANT WW3 as it will likely kill millions of us inconvenient peasants.
Incidentally, the price of oil started falling within days of the closing of the 2014 Bilderberg meeting – it was all planned to be this way.
PS the EU is nothing more than a stepping stone to the one world government (New World Order) – it’s easier to merge a “bloc” of 27 or so regions into a world government by stealth as they are doing than try to persuade the individual governments that world dictatorship is a good idea.
PPS Google “Georgia Guidestones” for a view of the elites “ideal” population numbers.