From £7.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £7.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

FairPoint to go bust, three lessons to learn and a classic outburst from the UK's top share blogger

By Tom Winnifrith | Friday 4 August 2017


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.


First up I must congratulate Paul Scott for sticking with and, I think averaging down, on Revolution Bars (RBG) which earlier this week received a tentative 200p share offer. Paul was right and I was wrong. It happens. I guess my, almost teetotal existence and his extensive field work gave him the edge. Only kidding - it was a great call by Paul and one orf the reasons why he is such a great share blogger. I am sure his session with Nigel Wray at UK Investor 2018 (as well as his live bearcast with me) will justify attendance on its own. But just as a reminder we do not get it all right, here is a classic Scott twitter outburst, regarding Fairpoint (FRP) which said that it would be calling in administrators today.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

Wednesday »

GoldfishShark

Video: The Role of Timing in Precious Metals

 

PDL

Petra Diamonds Remains a Short

 

Boom

Failed fund manager for PM!

 

Oil-Rig

Oilman Jim: is this legal?

 

Bear

Video: All Roads Lead to Inflation

 

TLY

Why is Totally not a Total zero?

Saturday »

China Flag

Disgraced fund manager goes bullish on China

 

VCP

Victoria: a reader writes

 

Gold

Sprott bullish on gold

 

SOS

Sosandar: when is the warning?

 

SCGL

Evil Banksta: TW schoolboy error

 

ARB

Worthless Argo what news Helios?

Sunday »

Bearcast

Tom Winnifrith Bearcast: macrobabble calls

Time left: 11:28:27