Disclosure: The author has a short position in one or more of the shares mentioned. 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.
Having received an email from Plus 500 (PLUS) PR Reg Hoare re my recent article. I am more than happy to stand corrected on a couple of points and suggest you read Reg's mail HERE. I accept that Plus 500 does not provide binary options and nor does it cold call prospective clients, however I would however like to make the following points in relation to the email below.
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Comments
testpack3
I would be interested Lucian to find out when you shorted PLUS500. Was it after the regulators stopped the PTEC take over, when the shares would be about £4, so you are still sitting on a massive loss, and it is in your interest to disagree with any positive news on PLUS , even though it may be truthful. And how does it oppose it’s customers bets? Whether it’s Forex or share CFD’s, PLUS simply take a commission on each and every trade, and charge interest on the margin of the leveraged position, It’s very profitable. When you say PLUS oppose customers bets, you are inferring that for each and every customer share long purchase, PLUS open a short position – that’s ludicrous.