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Zak Mir: Charting did not warn me that lending most of my balance sheet to an insolvent company was a bad idea

By Tom Winnifrith | Friday 25 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.


Oh dear, oh dear. As predicted the other day, the balance sheet at Zak Mir’s Lift Global Ventures (LFT) is going up in smoke but brown envelope man is still in complete denial. As creditors continue to chase him for unpaid bills, it is all looking grim. When, I wonder, will Lift go bust? Presumably Zak can look at the charts and knows when?
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