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Who Is Behind The Gold Buying ?
The rally in the gold price has left me non-plussed ... who is behind it and why ? Rather like an Agatha Christie murder-mystery novel, with evidence thin, the culprit or cause may be deduced by excluding what it is not ... and what remains, is.- By Ross Norman of Metals Daily |
- 3 April 2024, 13:29 |
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Tom Winnifrith Bonus Bearcast: Fundamental analysis just does not matter any more and it is wrong to short Trump Media as a result. Discuss
Those are not my views but Lucian sends me an article from Bloomberg making that case which you can see below. I discuss both aspects of it in full after a very brief birthday movie quiz.- By Tom Winnifrith |
- 3 April 2024, 12:30 |
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Shearwater – “FY24 Trading Update” is a material lack-of-profit warning after the year-end!
A “FY24 Trading Update” announcement from “cybersecurity, advisory and managed security services group” Shearwater (SWG) concludes with “it is important to note that nearly half of the Shearwater market valuation is represented by the £5 million of cash announced today. This attributes precious little value for what is a profitable company with a solid market position and growth opportunities, and one in which the board continues to see growth potential as we strive to improve returns”. However, emphasising such tends to mean its current ‘returns’ aren’t good and what of the shares currently more than 12% lower on the day at 43.5p?- By Steve Moore |
- 3 April 2024, 11:09 |
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Letter to Roland “Fatty” Cornish: how can you allow this social media outrage and AIM Rule Breaking at Red Rock?
Companies on the AIM sewer are meant to disclose price sensitive information via an RNS verified by a Nomad as being true. It is for that reason that they cannot make wild claims not verified by a Nomad via social media. Yet Red Rock Resources (RRR), where I am a shareholder, and its paid consultant Mr. David Lenigas did just that yesterday as flagged up HERE. I have written to London’s worst Nomad, Roland “fatty” Cornish to ask if he has verified these tweets or he considers AIM Rules do not apply to his clients.- By Tom Winnifrith, the Sheriff of AIM |
- 3 April 2024, 08:02 |
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DISGRACE: Advanced Oncotherapy – Beyond A Joke As AIM Continues To Break Its Own Rules
Aim-listed Advanced Oncotherapy (AVO) should have been sent for a one-way trip to the AIM Executioner at the end of December. Yet first in January, then in February, and now at the beginning of April, AIM has broken its own rules in not enforcing that outcome. What is the point of rules?- By Nigel Somerville, the Deputy Sheriff of AIM |
- 3 April 2024, 08:02 |
The Bearcast feed is acting up, sorry about that
People who use their private feed to listen to Bearcast on their phones or computers may be having some issues with downloading the latest episodes. I'm not quite sure what is happening, but I think it is limited to Apple podcast players. That is, if you use an Android phone or use a podcast player that is made by someone other than Apple, you should not have come across any problems. Listening to Bearcast on the website is unaffected.- By Darren Atwater |
- 3 April 2024, 08:00 |
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Shameless David Lenigas: his second most ramptastic tweet in history
A couple of weeks ago the shameless penny dreadful promoter David Lenigas claimed that shares in the company he funded, Vinanz (BTC), were going "to infinity". Today's tweet on behalf of Red Rock Resources (RRR) where he is a paid consultant is only marginally less ramptastic. Could such claims really be signed of in an RNS?- By Tom Winnifrith |
- 2 April 2024, 15:54 |
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Zenova – director “pivotal” in its products development leaves “with immediate effect”. Uh oh!…
Many thanks to a reader who draws my attention to a latest announcement from Zenova Group (ZED) which argues, with the shares then at around 2.2p, “Board Changes” with the group now at a “successful inflection point”. Er, is it though?- By Steve Moore |
- 2 April 2024, 15:52 |
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Tom Winnifrith Bearcast: this RedX news is a total disaster for the AIM Casino, preparing to meet Olaf's b/f after a year
In today's bearcast i start with looming birthday's and also getting to meet "The Trainspotter", Olaf's boyfriend after almost a year of being kept away from him. Any father's have any words of advice on what to say? Then I look at RedX Pharma (REDX), Belluscura (BELL), Superdry (SDRY), TekCapital (TEK), Argo BlockChain (ARB), Celadon Pharma (CEL) and its FemiNazi PR bird, Zephyr Energy (ZPHR) - watch out Reverend Weight - Horizonte Minerals (HZM), Revolution Bars (RBG) and Tectonic Gold (TTAU).- By Tom Winnifrith |
- 2 April 2024, 15:23 |
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UK Oil & Gas annual report – the warning is explicit!
Perma dog UK Oil & Gas (UKOG) starts its annual report thus: "UK Oil & Gas Plc aims to build a sustainable oil and gas production base that can help deliver its new UK hydrogen storage business as part of the UK's transition to Net Zero and which will act as a springboard to further worldwide growth opportunities in the hydrogen space." I aim to shag Cheryl Cole in an environmentally friendly way. Like UK, my aim has been constant for 11 years. My delivery to date, pitiful. Today’s annual report is dire.- By Tom Winnifrith, the Sheriff of AIM |
- 2 April 2024, 14:05 |
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Itaconix – “unable to reach satisfactory commercial terms with one of its major existing merchandizing customers”. Uh oh!…
Describing itself as “a leading innovator in sustainable plant-based polymers used to decarbonize everyday consumer products”, Itaconix (ITX) has issued a “Trading Statement” announcement commencing that “following extensive negotiation, it has been unable to reach satisfactory commercial terms with one of its major existing merchandizing customers in North America for supply in 2024”, though emphasising that “enhancing our revenue structure and increasing gross profit margins, while impacting our near-term revenue streams, pave the way for our next stage of growth”. So what about this currently seeing the shares more than 25% lower to below 200p?- By Steve Moore |
- 2 April 2024, 13:39 |
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A checklist of share price doom from Evil Banksta as he prepares for a luxury break
Thanks to the chaps at Belluscura (BELL) Evil Banksta is able to enjoy another luxury break starting shortly. As he checks into his five star accommodation he will no doubt tip the staff generously and as they say “thank you sir” he will, as is wont, say “no, thank Adam Reynolds, he always pays for everything.” Before Liverpools’ greatest numbers man since Ken Dodd jets off, he leaves a checklist of doom, short positions where he sees an inevitable share price collapse with the reasons why:- By Tom Winnifrith |
- 2 April 2024, 12:52 |
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Tom Winnifrith Bonus Bearcast: Why Steve and I cannot give investment advice on Bluebird Merchant today, a clear own goal
I am a shareholder and i was made an insider and am still an insider despite today's RNS which should never have been issued. So I cannot tell you to buy or to sell, we have no stance. I am angry and explain why.- By Tom Winnifrith |
- 2 April 2024, 11:23 |
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Sondrel – argues requires “transformation” away from AIM listing… having listed less than 18 months ago!
Previously on semiconductor company Sondrel (SND), on 6th March I wrote “pleased to announce” convertible loan agreement, but only because the alternative was insolvency?, concluding with the shares at 10p still avoid/sell. What of now a “Further Convertible Loan and Amended Exclusivity Agreement” announcement from the company… and the shares slumping currently to 3.5p?!
- By Steve Moore |
- 2 April 2024, 11:14 |
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Donald J. Trump offers a slam dunk short but also a long: here is the pair trade
I am deluged with emails from folks like Brian Basham suffering from acute #TrumpDerangementSyndrome asking why I am not commenting on the IPO via a SPAC reversal of his Trump Media & Technology Group (US:DJT). Well here goes with a pair trade- By Tom Winnifrith |
- 2 April 2024, 10:33 |
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Belluscura: wrong, wrong, wrong – not 1 but 2 lack of profits warnings!
I am sorry for my pal Nigel Wray who is a big shareholder here but at every level this is wrong. The two (lack of) profits warnings not only raise very clear financial red flags and fears but, worse, they should prompt a full regulatory enquiry into the deception of investors in cash shell TMT prior to its acquisition. This is a shambles.- By Tom Winnifrith |
- 2 April 2024, 10:09 |
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A reader says I am wrong to be bearish on two shares
I am, of course, bearish about stacks of shares but a reader who is no poltroon says that although myself and young Steve have called two stocks correctly as shorts to date, maybe it is time for a volte face. I am not going to do that just yet but for what it is worth the reader, who is polite so I do read his emails, states:- By Tom Winnifrith |
- 2 April 2024, 08:03 |
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If you send me emails or private messages insulting & defaming me why do you expect a response?
99% of folks out there are not complete a’holes. But for the 1%: You insult me, you defame me you accuse me of all sorts of things in email or on private messages elsewhere. You accuse me of things which would land me in jail and which are patently untrue. You say I am useless and could not tip a waiter. And what do you expect me to do?- By Tom Winnifrith |
- 1 April 2024, 19:38 |
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Tom Winnifrith Bearcast: An in depth deep dive into AI spoof CEL.AI ( Cellular Goods as was)
I start with a couple of April Fool's stories from this household and this website and then turn to the numerous scandals at CEL.AI (CLAI) which will make the FCA,PKF Littlejohn and those involved look very silly indeed.- By Tom Winnifrith |
- 1 April 2024, 19:21 |
ShareProphets readers tips for 2024 prize competition – end-March update
Having asked for readers tips for 2024 for the prize of 1/4 litre of Tom Winnifrith's Greek Hovel olive oil (2024 harvest) HERE, the following is the end-March update (to be eligible needed to have selected, on a once per username basis, one buy & one sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2024).- By Steve Moore |
- 1 April 2024, 13:25 |