And I mean this most sincerely folks….my view is not coloured in the slightest by the fact that I, like Lenigas, own far too many shares in Wishbone Gold (WSBN). What follows below is one of many tweets sent out by Mr Lenigas this morning after Wishbone’s latest RNS demonstrating that any suggestion that he is a penny share ramping huckster is so wide of the mark. Big Dave is quite obviously the most talented objective analyst of fundamental value in small mining plays. Yes indeedy.
In May of this year, I put it to Mr Neil Thapar, the PR supremo of Cellular Goods (CBX), that John Story was selling some of his 15 million shares in the joke David Beckham pot play, even though he was a lock-in not set to expire until 26 August this year. Thapar pooh poohed me. Today his company fesses that Story has indeed breached the prospectus lock-in.
Hat tip to Roger for pointing out what Britain’s leading chanteuse is missing out on as she celebrates her 38th birthday. No it cannot be true, can it? Elsewhere I look at Hurricane Energy (HUR) and the antics of Crystal Amber, at Verditek (VDTK) and at how TR1s are abused by penny share hucksters and rampers.
If I have ever given the impression that Mr David Lenigas, aka Big Dave, is a shameless ramper and promoter of penny shares, I would like to apologise most sincerely. As a fellow shareholder In Wishbone Gold (WSBN), I note the tweet below and it must now be clear to all that Mr Lenigas is the most thoughtful, balanced and objective analyst of gold stocks here in London and, as the late great father of the late Paula Yates used to say, “I mean that most sincerely.” Mind you, on this occasion, Mr Lenigas might actually be right.
Ascent Resources (AST) has only avoided a crash landing in tits up alley thanks to the provision of death spiral finance by Riverfort Global and Align Research. Essentially, it has sod all cash, its assets in Slovenia it failed to monetize for eons and some joke Cuban assets. At c6p it is capitalised at c£5 million. Given Parsons’ track record as a pump and dumper and value destroyer, only a total poltroon would buy any shares. So step forward… Mr James Parsons.
I reckon that my losses on Wishbone Gold (WSBN) are now down to around £25,000. In that vein, I should like to apologise for any suggestion that Mr David Lenigas is an unscrupulous ramper of penny shares and make it clear that he is a thoughtful analyst who does detailed research before taking to twitter. For he is at it again.
It seems that some of Neill Ricketts’ biggest fans do not like my investigative probing into Versarien (VRS). This time they are not going after my heavily pregnant wife (as they have in the past) but after me.
I have returned from a week’s holiday – only interrupted by sniggering at Tom Winnifrith’s view on an unmentioned share (Synarigen: SGN) as a new man. Apparently I am a “ramper” as I can see value in something that may change the political message on CV19 and hence has value. Tom so amused me as I always thought I was the “Victor Meldrew” of the investment world? Now I have always believed in burning many hydrocarbon molecules to propel myself forward at speed– especially in V8 petrol engine motors as often as I can. I have seen the light. I’m going to hug an electrified tree – but of course it’s all bollocks.
The most read non-Tom article this week is Synairgen – Why I bought, continue to hold and an apology by Peter Brailey is at a fantastic number four or number 11 including Bearcasts and Tom's new shareshow.
There is no need for anyone else to listen to this podcast. This is a lesson in how to do fundamental analysis of a biotech stock for just one reader, Peter "the ramper" Brailey.
Peter Brailey thinks he will be selling his last Synairgen (SNG) shares at £10 based on its "cure" for Covid 19. Peter admits he has no specialist knowledge. It shows. He is thinking like a Bulletin Board Moron. I was paid to write on this sector for five years so know a bit and explain why he is not thinking straight.
Peterhouse is the broker, Chris Akers is on board, Dave Lenigas is too and now there is a paid for interview over at ShareTalk. It is almost the perfect cocktail. So what is the collective noun for a group of share rampers> A bluster? A promote? A festering turd? The stock here is Pires Investments (PIRI) and Big Dave has twitter diarrhoea.
Pity those who bought shares in Sound Energy (SOU) at well over 80p at peak ramp. Luckily for him, the chief ramper James “Dracula” Parsons sold most of his stock while urging others to buy, as the shares now trade at just 1.11p to sell, valuing this company at £12.5 million, which is far too high. By about £12.5 million in fact.
Pires Investments (PIRI) was our tip of the year at a 2.3p offer on 27 December 2019. Today it has announced it is raising up to £1.65 million at 2p. The shares are 3.5p bid! Why the premium in the market when many of those taking part will be spivvy share flippers? Simple, uber ramper Chris Akers has taken one third of the placing.
It is not often that a press release has me reaching for a dictionary but today’s Covid 19 update from Big Dish (DISH) manages that. The company’s evil spin doctor my old pal the Sith Lord Zak Mir, tries to use a long word but I am not sure he knows what it means.
Covid 19 brings out the best in folks and the worst in folks. In that vein to lighten the mood I bring you a Bulletin Board Moron contest with a difference. Simply find the most idiotic post on the LSE, ADVFN, iii asylums or on twitter which must reference the virus and post it in the comments section below before midnight on Sunday 22 March. I challenge you to surpass this effort below, from Versarien (VRS) ramper superg on the ADVFN asylum who thinks short sellers want folks to die from the virus for their financial gain.
It may have escaped your notice but Big Dave Lenigas is back and up to all his old tricks as the tweet below shows.
I guess things are getting rather tight at Sound Energy (SOU). A source close to the situation tells me that former boss turned consultant James Parsons is trotting around the City trying to raise cash and telling folks he has just 48 hours to complete the bailout or it’s too late. So: what’s the price? It gets worse...
On Wednesday I revealed here how 174 shareholders in Sound Energy (SOU) had written to actong chairman Marco Famagalli with perfectly reasonable questions which he declined to answer because he views the peasants with contempt as you can see HERE. The group of livid owners of the company is now bigger, at 179 out of the money folks who Marco thinks are irksome oiks, and they have written again demanding the immediate sacking of ex boss the shameless ramper James Parsons. Thanks to Winnileaks I bring you that letter
At 4.30 PM today Neill Ricketts, the shameless ramper and boss of Versarien (VRS) will meet with his dwindling band of core disciples at Bangers in the City of London to spout more bullshit, the sort oif bullshit that even his limp dick Nomad Canaccord would not allow him to include in today’s atrocious interims. Surely even the disciples can now see that they have been spun an almighty yarn.
You may remember former Versarien (VRS) US boss Patrick Abbott who had to be resigned after revelations on this website. A sinner, that is to say a collaborator with uber ramper Neill Ricketts, repenteth. Praise be the Lord as you can see below.
In today's podcast I look at Reabold Resources (RBD), debagged by myself earlier, Bahamas Petroleum (BPC), Anglo African Oil & Gas (AAOG) and Bidstack (BIDS). and, with a hat tip to Andrew Monk, I look at the species known as a Bulletin Board Ramper.
Ok, so Horse Hill is now shown to have been a great big 100 billion barrel piss take. David Lenigas does not mind. He is no longer involved with any of the Horse Hill stable of related party companies he helped to create. He’s probably sold his shares. He’s almost certainly made millions of pounds and so he needs a new game,a new crock of shite to ramp. Step forward AfriAg (AFRI) on the NEX lobster pot and the tweet below.
In today's bearcast I look at the 5.6 million questions Mark Dampier has to answer in the wake of the collapse of the Neil Woodford empire. I also look at how the contagion could swamp one of Hargreaves Lansdown's (HL.) own fund of funds unit trusts and at the massive COIs at Hargreaves which the Woodfiord scandal reveals. I look at Redde (REDD), Surgical Innovations (SUN) and give a direct answer to Roger Lawson as to why I will continue to call out the corrupt and useless deadwood press even if it means no coverage of the achievements of this website. It is called feeling comfortable with yourself, Roger, for telling it as it is. Postscript: Late tonight it has been announced that shamed Dampier is to "retire".
Last week was "interesting" for Blue Jay (BAY) bulls and should give then pause for thought. If, of course, they are capable of rational thought.
Oh dear. Oh dear. With the disgraced and widely reviled dirty tricks specialist Tim Thompson running its PR Frontera (FRR) was always going to play fast and loose with the rules of the AIM casino as it tried to ramp its shares ahead of yet another bailout placing. Today it announces a MOU which is really nothing of the sort and exposes this promote for the crock of shit that it is. Even the dullards on the LSE Asylum must now start to realise that they have been had.
I accept that there is stiff competition for the title of the most shameless ramper on AIM. But could James Parsons of Sound Energy (SOU) claim the title? I bring you a podcast below which is almost sordid. Sound is apparently a low risk ten bagger. Whatever. Parsons has a devoted following of Bulletin Board Morons who will, no doubt, lap it all up. At 38.7p the market cap is £407 million which is even more of a rum and coke than the podcast below.
Shares in AIM-listed Advanced Oncotherapy are up by 30% today on the back of yet another technological update and a Flash Note from its paid-for research ramper-in-chief GPSL, the second in less than a week. Of course, yesterday the shares were down by around the same amount which all leaves me wondering when’s the placing?
Hello Share Revellers. As I've traded shares longer than my talented fellow writers, may I take the liberty at this jolly time of year to reflect on how Christmas should influence our dealings in the wicked, wicked City. We should BUY integrity, HOLD morals and Sell dishonesty in keeping with the spirit of Xmas. Because it's not just dodgy directors that try to pounce on money they're not entitled to.
The video is self explanatory and the UKOG ramper in chief does not mince his words. Enjoy.
The one thing we all know about UK Oil & Gas (UKOG), the massively over-valued company run by Lyin's Steve Sanderson is that it has virtually zero cash left and thus needs to get a placing away ASAP. To that end one would expect a proven ramper like Lyin' Steve to be give us ramptastic news from Broadford Bridge on an almost daily basis. Instead...
Two days ago Entu (ENTU) issued a statement which essentially said that its shares were worthless. Yet today the shares have rocketed by 230% to 4.3p. This is the classic dead cat bounce.
Last week I asked you explain which of the four companies whose logos I showed ( Globo, Cloudtag, Naibu & Polly Peck) was the odd one out. A few of you were game enough to have a stab as you can see HERE.
Yes, I shall be recording my first ever joint bearcast - if one excludes ones where Oakley has chipped in. The date is April 1, my opponent is Paul Scott. Will it be TrakM8 or checkmate? The venue London in a new bonus session at UK Investor Show. I explain more about this total one-off in today's podcast. It is 4 weeks to the day to UK Investor and tickets are 85% booked out so if you are not booked in book NOW! On this podcast I also look at Brave Bison (BBSN) and TrakM8 (TRAK) and how cost cutting can itself prompt a cash crisis. I look at Audioboom (BOOM) with a more generous eye. I look at Glenwick (GWIK), now booted off AIM, which stinks. And I look at the idea of investing in shite companies to make money, ref Red Leopard (RLH) and Cynical Bear. This also brings me to ECR (ECR) where we own shares and I now see arch ramper Big Gib is on board. Over to you Big Gob do not let me stop you!
This is so simple. 4 companies but which is the odd one out and why? Answers in the comments section below by midnight on 28 February (today). The answer is not Globo on the basis that it was the only fraud owned and promoted by Roger Ramper Lawson but do your best anyway...
I know some folks want to blame others if they have lost money on the Cloudtag (CTAG) fraud. Well it is fair to hold some to account and make adverse comments and some folks should be doing a perp walk. But ultimately we are all accountable for our own trades whether winners or losers. Moving on this debacle has raised issues which call for two MASSIVE changes to the AIM Rule book: the announcement of Nomad departures and the disclosure or banning of placings based on T+ trades. PS Does anyone have an address for Cloudtag ramper David Greece. Please post in the comments section below in case I get bored and find myself in his locality.
One of the main, if not the main, ramper of shares in the worthless fraud Cloudtag (CTAG) is a Bristol based fellow called Liam Nicholas, the author of this ramptastic blog. Liam works for a company in the white van hire rental business and his ludicrously partisan commentary is one reason so many folks are nursing huge losses on this AIM fraud. I have spoken to the Mrs and she has agreed to hold the camera if I visit Liam this weekend as we too live in Bristol.
So what if Cloudtag (CTAG) is a fraud which lies to investors, has no revenues (other than bogus made up ones in RNS statements) and is running out of cash? So what if its shares are now just 4.75p to sell ( down from 25p a couple of months ago) and are heading to nil. The ramper in chief Liam Nicholas is undeterred. His lie packed website about the fraud may not be getting much traffic these days but the man who works for a white van rental company and lives, like me, here in Bristol has a message of hope for the deluded. Forget fundamental analysis or impending news....
This website has pointed out that AIM listed IGAS has been a slam dunk sell for more than two years but for a good few months as it warned that it would breach covenants on its bonds any moron could see that the writing was on the wall. Except loyal house broker Cannacord, shamed over the Quindell fraud, its research on this has been laughable. It shows that a buy note from a house broker, especially one as shoddy as Cannacord, is just worthless. You will remember how Canaccord fired heroic Kevin Ashton, the world's number 1 tech analyst, when he refused to write a buy note on the Quindell fraud.
At what stage do you think that the folk who bought into the Worthington (WRN) fraud will accept that they have lost everything? I reckon even after it has gone into administration some folks will still think they own a golden ticket. There were 15 entries into the last BB ramper of the week sponsored by Strat Aero (AERO) PR man, aka fake BB Moron sayitlikeitis, as you can see here. But the winner?
He tried his best to ramp this crock of shite but even arch twitter ramper Wayne Gibson, aka Big Gib, could not push the rancid wastewater that is Blenheim Natural Resources (BNR) uphill. Having bought a stake of 5.625 million shares ( 3.05%) just before Christmas at 0.8-1p, Gib has now bailed, taking a huge haircut.
I had to buy a copy of the Guardian for Dad today and carry it home through the streets from the newsagent. How I am shamed in front of my neighbours. Meanwhile dad is reading books I own by Peter Hitchens, Niall Ferguson and Melanie Phillips and is loving them, as his inner reactionary is exposed. On the markets I look at Servision (SEV), Xtract Energy (XTR) - Steve Moore and Gary Newman you are FIRED! - Gulf Keystone (GKP), Taihua (FRAUD), Oxford Pharma (OXP), Judges Scientific (JDG) and another bad day for disgraced Roger "Ramper" Lawson of ShareSoc, Kennedy Ventures (KENV) and finally the poltroons stock of choice for today, Nyota (NYO).
ShareSoc, home to disgraced ramper Roger Lawson of blinkx, Globo and general infamy, reckons that AIM Can lose its Casino tag but needs reform. On the latter point that seems like a statement of the bleeding obvious but what does ShareSoc demand? Honestly you could not make this stuff up.
"Nomad Strand Hanson, Broker Mirabaud, mug punter Evil Knievil, aka Simon Cawkwell, dodgy Russians Mediotor, IR ramper John Heilshorn, we have beaten them all, we have beaten them all!. Phorm PLC, can you hear me? Phorm PLC ... your boys took a hell of a beating! Your boys took a hell of a beating!"
I am only asking but the much ramped Andalas Energy (ADL) formerly the much ramped CEB Resources has got two weeks to pubish an AIM readmission document or it will be booted off the AIM casino. It would be farewell to rule breaking ramper Dave Whitby, no great loss.
Just how much cash does UK Oil & Gas (UKOG) have left? At September 30 2015 net of trade payables it was c£4 million. PLC costs are £100,000 cash per month. And the cost of all the work at Horse Hill not to mention the Isle of Wight must have been closer to £2 million than £1 million. I reckon the number is now c£1.5 million which means a placing is needed fast. Fellow Horse Shite play Solo (SOLO) neess a placing within two weeks to pay its commitments in Bongo Bongo land hence today's ramptastic (misleading) RNS.
In today's St David's Day podcast I wish my Welsh listeners a happy national day and - especially for you - discuss why sheep porn matters. I then move onto Horse Hill and today's news and why Ben Turney and the other silly rampers are talking shit. To make it simple, I use the analogy of Ms Cheryl Cole and Mr Wayne Rooney. I discuss African Potash (AFPO), letters of credit and thus Environmental Recycling (ENRT) and its fellow FRAUD Eden Research (EDEN). Its PR man Queenie McManus is - I assume - still smearing me as he chats to his pals the Bulletin Board Morons - but the company refuses to meet for an interview. What - other than fraud - is it hiding? I discuss Greka Drilling (GDL) as it heads down the pan and - after today's results from Barclays (BARC) - banks in general and why Old Getafix is wrong to be such a bull.
Every single Bulletin Board and twitter ramper seems to have a field day with AIM listed Glenwick (GWIK) over the past few weeks - it is the rampttastic cash shell of the moment. This stinks in oh so many ways and why can't these folks do basic maths?
Jabba The Hutt cannot help himself. Having pompously blathered on about how we all need to be responsible when using social media the fat Aussie has today shown himself (again) to be utterly irresponsible or worse. This time the rampfest is LGO Energy (LGO). Jabba tweets:
Modesty is not normally a word one associates with Jabba The Hutt. Words like ramper, promoter, exaggerating, bullshit, overpaid, greedy are ones that spring to mind. And modesty is something that is not evident at all as Big Dave Lenigas turns his hand to blogging.
Almost a year since the first drilling “discovery” at Horse Hill and the companies involved, led by David Lenigas ramp UK Oil & Gas (UKOG) still decline to drill again, instead pumping out more and more meaningless reports on the prospect. Today there is another but almost no-one believes the Lenigas blather any more.