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The Chris Oil portfolio is tanking: what has happened to Britain’s Buffett?

By ShareProphets | Tuesday 4 August 2015


 


You will remember that the market abuser Chris Oil claims to have a better investment record than Warren Buffett (HERE) and that he targets a gain of 100% every time he trades (see the video here), so what on earth is happening to his big positions. It seems as if Britain’s Buffett is having a bad couple of weeks at the office.

Just the other day Oil invested £750,000 in a placing my MX Oil at 4.25p – the shares are now 3.2p to sell – that is a 22 day loss of just under 25%. But that is his best performer. Shares in New World Oil & Gas where he still owns c4% of the company have tanked from a placing price of 0.09p to just 0.05p to sell ( net cash is 0.065p per share) so is there a forced seller?

Meanwhile at Sefton Resources where Mr Oil and Dan Levi paid c 0.085p to build up a 10% stake he shares are now just 0.04p to sell.  And anyone trying to sell shares in all three stocks in size won’t get anywhere near the bid.

Has Britain’s Buffett become the kiss of death? Is there a forced seller in any of these shares and if so who? Sefton and New are both off by 17% today, is anything afoot? 

Now we accept that the whole oil sector is taking a bit of a beating and the recent news from Sefton was not good but some stocks seem to be getting more of a mullering than others.


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Comments

5 comments

  1. He needs to stop wanking ………….. its sapping his brain power and it wont make the box hedges grow any faster .

  2. He could have saved the shareholders of NEW a great deal of pain by assisting with an EGM but alas didn’t.

    After the Sefton sell off and buy back (luckily wasn’t caught out on that one) I thought nobody will follow your buys anymore but at the time they still believed arrogantly that PI’s would continue to invest in the shares that they / he promotes.

    Tom / Ben / Gary / Malcolm can you obtain an interview with RW over a SER?

  3. PissOil is a fool. If investors follow him they are fools too. It is obvious he knows very little about investing and is trying to carve out a niche for himself. He would make more money serving breakfast to guests at his mothers B&B. This time next year he will be history. Why the f**k Zak gives him time of day is beyond me.


  4. DUCK AND DIVE

    I thought Oily Chris had claimed one thousand percent gains on his investments…leaving Buffet grovelling in his wake…

  5. We should open a book as to when he goes broke,

    Filthy I should take it back, I don’t think there is anyone as stupid as Chris Oil, not even you (Err maybe)


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