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.
Today's podcast has to start with the runners and riders in the great Horse Hill stakes. After today's news are the shares still cheap or a stonking short. I move on to hot rumours about Igas and to a taster of what is to come on Gate Ventures. It is then onto Afren, Daniel Stewart and a return to old fave ( and sender of snotty lawyers letters) Globo
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Comments
mrwhits
Great bearcast again, but surprised you didn’t mention the full year results of GKP, dire as they were!
wildrides
Typo of the day :- Igas has hot Tumours …………….. I win , I win ……….. pick me …..pick me .
DUCK AND DIVE
Shades of US Oil & Gas. Those shares went up over 1000% on some ridiculous OIP guesstimate plus some serious ramping by wee Brian McDonnell. Then came the inevitable duster (described by wee Brian as the “discovery well”) and the SP dropped from £7 to 20p and have been suspended since December pending a regulator investigation into all sorts of nasties.
I’m sure Horse Hill is a more serious exercise but you can never be sure with these circus ringmasters. Too many cash-strapped Lenigas companies only succeeded in raising real money once he had left.
But a great day in the sun for the Lenigas cult following. I just hope that a few of them have enough nous to bank some, if not all, profits.
Striebs
Tom ,
You noted the rise in Wildhorse Energy shares for no apparent reason which started on Monday of this week .
The reason became clear today ; they announced a new fertiliser project .
What absolutely disgraceful front running and insider trading .