By Cynical Bear | Monday 5 December 2016
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.
After nine months of scratching my head, I had a lightbulb moment this morning and have finally reached a conclusion as to what is really going on at the “investment company”, Craven House Capital (CRV). The short answer, for those that struggle to get through a thousand words, is that it is totally uninvestable for the private investor, but the most interesting part of it is that the company knows that and it is pretty open about telling its shareholders that that is the case. Whether they listen or not is another matter!
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