On 4 December 2020 shares in Russia PGM promote Eurasia Mining (LSE:EUA) hit 40.55p and morons across the interweb, spurred on by fraudulent paid for research and also by blatant market abuse by Good Germans, pondered what colours their fleets of Ferraris would be painted. Today the shares are just 5p after dire finals earlier this week. There are two big questions Eurasia needs to answer:
I start with a few family reflections on my family and World War One. Then it is onto Optibiotix (OPTI) and misguided suggestions that regime change is needed. Finally I reflect on Evil Knievil's catch phrase with reference to Cineworld (CINE) but more especially Shield Therapeutics (STX)
I apologise for ShareProphets not being big corporate and thus not celebrating Pride Month in a PLC and unconvincing manner. Next year. Or maybe not. Then it is on to my argument with Steve O'Hara at Optibiotix (OPTI). I do not regret buying more shares yesterday one iota but I am cross anyway. I explain this and then focused on something very fishy indeed at Dev Clever (DEV). Then I look at Ben's Creek (BEN) and a bit more on the Adam Wilson CV and why I am sure this will end in tears. Finally, an IPO: Alteration Earth (ALTE) and why you should avoid it like the plague.
Analyst Lior Gantz warns that we are already in recession and things will get worse.
As a long term bear, yesterday’s interims from Asimilar (ASLR ) only confirmed my belief that this edifice built on sand with a pack of cards using smoke and mirrors will collapse. Emailed questions to an adviser go unanswered so maybe readers can assist.
LinkedIn is owned by Microsoft so will not go bust and is not shortable. But the video of a day of work for a 22 year old employee would, in a listed company, make bears salivate. No doubt this bird earns way more than me with her zero years real life experience post her liberal arts degree. But just how does she contribute to the top or bottom line? I sense that all to many new economy companies are run this way, sustained by bull market easy money. I have seen this before in the dotcom boom.
Normally you sell 70% of the seats to an event in the seven weeks before the show. Here we are more than ten weeks from ShareStock and already one third of the seats are booked out. Fingers crossed the laws at the Grade Two listed farm on the banks of the River Dee on the Enland Wales border near Chester, will be pretty full on September 10th and why not as we have a great day on offer. Shares, prize croquet, salmon fishing, all day booze and home produced food, what better way to spend a Saturday in early September?
In today's podcast, I look at Optibiotix (OPTI) - where I bought more shares; Kefi Gold & Copper (Kefi); Guild ESports (GILD) - is it breaking up with David Beckham?; Nanosynth (NNN); the shysters at Verditek (VDTK)l and Shield Therapeutics (STX). It is definitely ouzo, or rather an elderflower champagne, for supper tonight.
Today, Supply@ME Capital (SYME) will hold its Annual General Meeting, which, amongst other things, will authorise an increase in its share capital. Thus, it can issue additional shares to Venus Capital under the death spiral, and to Tradeflow Capital vendors for the deferred consideration.
