UK 18:38 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
In today's podcast I refer to the excellent Black Swan 2015 review by Richard Poulden which you should all read. I cover the issue of how low the oil price could go but also what we as investors should assume that it will be. I touch on IGAS and Northern Petroleum (both shorts). And the I look at the issue of what constitutes market abuse in the Bulletin Board Moron community
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Comments
Malc
Tom
When approx do you expect the 10p in igas?
Mark
Tom
You make some valid points about the abuse of BBs on places like LSE etc. Its clear that there are organised boiler room / spivs who circulate around most AIM companies at certain times to attempt to influence investors and more usually those who cannot think for themselves.
Clearly, those who operate these BBs need to be more accountable. But hey, nothing will happen this side of the Sun imploding or Ed Miliband defecting to the Tories so, business as usual…
Your points are valid and pressing.
pjt105
Happy Birthday for Monday.
Rob
Tom, the spreading of false information is not limited to BB’s as you know, that’s just another avenue that the boilierhouse and organised groups use to promote their views, whether it be positive or negative (i.e. ramp/deramp). The bb’s do seem to have a fairly simplistic approach to policing this by using IP addresses as ID proof, which can easily be worked around. The BB’s owners can do more by insisting on credit/debit cards details as part of the registration, maybe a nominal fee, this would seriously reduce it but no method is absolutely foolproof. I guess the bb’s owners could see this as driving traffic from the site so would not be keen.
Sorry but the example you used regarding quindell and stating ‘in my opinion the pwc report will say this’ and then countering to say you have evidence I found rather confusing and even contradictory. Maybe too many words for me. I have no interest in QPP btw, and in fact tipped NS off about OPAY/EFH.
Warun Boofit
You forgot to mention that the oil market has for the first time in 5 years slipped into Contango. Having been following your articles closely I instinctively thought this headline was probably code for oil traders having a gang bang with a brazilian hooker with extra supplies of coke, I was to be dissapointed but in reality its a heads up instead. The traders will eventually buy up the oversupply and store it in every orifice they can muster hoping to sell it back as the price rises. My view is this will help prevent the price rising for longer unless they get their timing right, the limit is that their is a finite supply of empty oil tankers so its first come first served, those that wait hoping for a lower price could get nothing. All the heating season oil is pretty much delivered by now and oil burners like me are considering buying enough oil to last through the winter of 2017, its just a matter of waiting another month or so until the price bottoms out at the pumps, farmers will do the same for their tractors. When demand and the price starts to rise again next winter there will be a great deal of inertia as like minded people give two fingers up to the sellers and tell them where to stick their overpriced oil ( at least until we run out ). The weakness in this idea of course is that road vehicles are the biggest demand and the storage for this fuel is limited but every little helps as they say at Tescos.
Mike Snow
How can me giving Tom £299 be a present from him to me???
Malc
Hiya Tom
I like your style and not having a go at you. Please advise when in your judgement the SP may hit approx 10p?
I say the hype in fracking long time ago, but not the crash in oil prices and then the news about Mr Austin. IMO, shale has a future in the uk, but not for a long while and it will cost a load of money to get there and sadly, IMO Igas does not have what it takes as imo it my be the likes of Inneos/Crudrilla/etc that take the helm in a few years, ie if oil price is above current levels.
Many thanks and apologies for asking twice.