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.
Jabba The Hutt quit all five AIM Casino boards he sat on today. In this podcast I reveal the events of the weekend and discuss why he may have left. I warn him that the Nationals are on his case and so smearing me will be ever more pointless. And then I look at actions of the Bulletin Board morons who are still in denial. And finally at what this means for the Jabba stable. It is bad news. The best bet for near term zeros are Afriag (AFRI) and Evocutis (EVO) but Rare Earth Minerals (REM), Inspirit (INSP), Solo Oil (SOLO) and LGO Energy (LGO) are also all slam dunk sells as I explain.
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Comments
wildrides
I agree AIM will be alot cleaner market without Del Boy Lemon Gas and the recent companies he has just resigned from with one exception , Inspirit , It seems to have a good product and development of the complex engineering aspects is now complete . The boiler is off for Gas regulatory testing at an independent testing facility next month .
As for the legacy businesses I can only comment on one ……LGO . He has not been involved since August 2014 when he resigned the board . Once again your comments are pure speculation regarding the future for LGO . You dont know current output from its wells , nor current cash burn . It has not yet missed paying any loan instalment . You dont know what work is going on at the field and you dont know what cost savings the company has instigated . Finally , you dont know the destination of the oil price over the next 12 months ………… its all speculation that is on the Bear tack . You can use Whini maths , promote a thesis that supports your Global Shorting Conspiracy associates desires and try to influence the market ………..but that does not mean it will happen . There is a bull case for recovery and it could equally come to fruition in this case . If it does your shorting buddies may find themselves getting burnt. Repeating that it was overvalued is simplistic and obvious …………. so was every oil company on the planet because oil price fell $75 dollars per barrel (68%) during the period . The company would be in fine fettle if oil price had remained where it was . No one predicted this huge fall before it happened . Thus you cannot blame LGO challenges on anyone in particular , nor Mr Lemongas (who left before the price fall) for that matter . Do at least try to be fair and proportionate in your reporting . Those of us that like to see at least some balance in reporting find it increasingly difficult to fall in line behind your “Blanket Vendetta” & “catch all” persecution of all tenuously linked companies with broad brush smear campaigns.
Teathers & Mira & Stratmin & Atalaya , Amara , Obtala , Minoan , Moil , Fox Oh dear ………all down , all down an awful lot …….it must be Share Prophets tips that done it then Guv ( see how irritating that is ;-)
Simple Moving Avarice
Be careful with INSP. They are not the only one in the mchp boiler space.
FLOW are (re-)launching their offering in January 2016 with a novel business model where they take the FiT (as with many solar installations.)
Baxi, who are much bigger than FLOW or INSP, already have an mchp boiler for sale (with a Stirling Engine similar to INSP) to anyone who wants one now.