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Global Petroleum and the bankruptcy of executive officer Cecilia Yu.

By Tom Winnifrith | Thursday 24 October 2024


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.


Sometimes I just am at a loss as to how City folk can blow up their finances in such a spectacular fashion. Perhaps they were never quite as much of a BSD as they suggested in the first place? In November of last year three City financiers took charge at worthless AIM PPOS stock Global Petroleum (GBP), among them Cecilia Yu. At the time we were told:
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