I explain why there was no podcast yesterday - we all have our crosses to bear. Then it is onto Plus500 (PLUS) and Bidstack (BIDS) formerly Kin Group, formerly Fitbug. Now: how about you join Adam Reynolds and Susan Dando and be a Superstar HERE
In today's bearcast I read out an email sent to Paul Shackleton (and AIM Regulation) regarding Management Resourse Solutions (MRS) following today's bombshell HERE. I look at Plus 500 (PLUS), AFC Energy (AFC) and First Property (FPO) whose CEO is outed today as a Brexit Party candidate. I also do read out the roll call of heros who have sponsored Rogue Bloggers for Woodlarks. Tomorrow I am attemptng to do a 22 mile training walk so as you think of my pain why not be a hero too and sponsor all nine rogue bloggers HERE
In this podcast I look again at Chris Akers, that tweet and Sabien (SNT). I look at Plus 500 (PLUS, Debenhams (DEB) and at UK Oil & Gas (UKOG).
Lucian is still on his grand tour of Eastern Europe but before he left he told me his two sell tips of the year for 2017. The first, natch, was Cloudtag (CTAG) HERE. The second, at 384.5p, is Plus 500 (PLUS).
The Market reaction to last Tuesday’s news that the FCA was proposing stricter rules for CFD products was predictably savage. What surprised me was that IG Group (IGG) led the way with a 40% fall whereas Plus 500 (PLUS) fell “only” 27%. Since then IG has continued to weaken ( 470p at the time of writing) whereas Plus has rallied a little (373p ditto).
Well, it's time to sit back, put one's feet up, and watch how the Cloudtag events unfold. Will the company avoid the terrible fate of the death spiral? Or will it, as the bulletin board morons suggest, suddenly demonstrate a viable and desirable wearable product at the CES 2017 trade fair in, oh, five weeks.
She was horrified. I am not sure she agreed with my line that the mainstream press were part of the problem not the solution but she agreed that AIM had its issues. On the bearcast today I look at Red Leopard (RLH), Formation Group (FRM), Mobile Streams (MOS) and its charming CEO - Andalas (ADL) - whose CEO is a tosser - Strat Aero (AERO), Finnaust (FAM), Inspirit (INSP), Plus 500 (PLUS), Advanced Oncotherapy (AVO)), TrakM8 (TRAK) and Cloudtag (CTAG) plus one way of looking at it which sees 300 companies on AIM as a sort of fraud.
I am back in the Hellenic Republic once again and it appears that there may be a few problems ahead for AIM listed Plus 500 (PLUS) in the Greek speaking world. A contact flags up developments in Cyprus where - as you can see in the attached document - Plus does much of its business.
All PR folks are geniuses. Reg Hoare does the PR for Plus500 (PLUS) and reckons Lucian Miers has it all wrong. I am a fair man so am happy just to print Reg's email in full. Over to the genius who writes:
The weakness in Plus 500’s (PLUS) share price in the last couple of days which has seen it fall a pound from 666p is probably explained by the excellent Times of Israel investigative piece on binary options which appeared on Thursday.
At the 18th April 2015 UK Investor Show, the top shorts of bears Evil Knievil, Lucian Miers, Matt Earl and Kevin Ashton were announced. As noted HERE, we're monitoring progress of those also having been identified as shorts by significant investment companies...
Sorry is this is a bit personal and short but the Mrs arrived at 3 AM and I have better things to do than natter to you lot all day. However I do have a good few words on Plus500 but also on the nature of the material on this website
A message has just gone up on the Plus500 (PUS) website for all clients which suggests that something may be horribly wrong at the AIM listed company about which we have warned several times on this website. The shares are off 20% as I write - at 605p - but the bear community reckons the stock could still head straight off the cliff face from here. Sell.