Disclosure: I own shares in one or more of the stocks mentioned. 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.
Hot on the heels of his hilarious appearance at Zak’s Traders Café last Monday, ShareProphets has just learned of yet another deleted Tweet from self-styled multi-millionaire City trader and well-known “invetement” writer Chris Oil. Once again, Chris thought he could escape justice and cover up his market abuse, but once again he was wrong. Our faithful bloodhounds are on the trail and will not rest until this serial market abuser is dealt with by the FCA.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
musr
I really hope that the FCA start looking at some of these types – for gods sake the evidence is on a plate for them.
Ramp in public whilst selling in private
VINES
‘‘he started ditching his entire holding’‘
he didn’t sell, mom did, thats why they were in her name. while he ramped, mom just happened to be selling her shares. If questioned about market abuse he tells the FCA he isn’t responsible for his mom’s trading and bobs your uncle, no charges
wildrides
In fairness to Snake Oily Chris ( and I am no fan ) I took what he meant at Zac Mirs cafe do to mean he would increase his equity by 200% , 300% , 1000% by investing in and out of various shares . ie not one share going up that much , but multiple holdings increasing his total equity . 200 – 300 % would be possible if he hit all baggers for a period but not 1000% in the long run without serious law breaking and insideryness. I mean , lets face it Tom nearly beats Warren Buffet at the mo and he invests real safe . Malcolm probably beats Warren but would never boast about it and he deliberately loses at the tax year end to get his tax bill into a managable quantity !
TheMadStork
Would appreciate some credit for my handiwork!
Still, if my screenshot merge combo helps bring Mr Oil to justice then I suppose that will be reward enough.
Woody44
He was hardly selling in private if he was abiding by the DTRs. It seems strange that he would commit market abuse yet be so keen to abide by the DTRs. Penalties for pumping a dumping are far higher than for being late with disclosures.
J P Spaghetti
Ooh, he’s a financial brazen hussy he is – a shameless one at that and a scarlet Jezebel (and I don’t mean the butterfly)!
J P Spaghetti
Indeed WOODY, and – speaking of your alias – I’d rather be caught pumping a dumpling than pumping and dumping (sorry – had a few late ones on the trot)!
alcira16247
I really can’t make out Chris Oil. Is he a egotistical fool or an eccentric genius?
I like many others would have watched the video of Zack’s interview and squirmed with embarrassment, as Chris made a whole series of seemingly outrageous claims and crass boasts.
I wonder, though, if the man plays up to being an eccentric fool with a huge sense of self importance? Could Chris actually be acting and behind this mask of there’s a rather clever shrewd investor?
After all he is a multi millionaire and has garnered a loyal following amongst investors that avidly follow his tips.
I would be fascinated to read any posts from folk that actually know or have met Chris Oil and as to their opinion of the man.
Klik
Chris oil and Tom Winnifrith both look like each other and like Harry potter.
J P Spaghetti
Can’t see that myself KLIK, but I reckon that nice chap Zak might be a (distant) relative of Will Self (or is it Pete Townshend?). Anyway, what a scoop for TW today over Auhua!!
wildrides
Klik ……. was that a delayed reaction
or have you just woken from a coma after a rugby club tour of Switzerland playing front row ?