April performance update: start of 2019 top shorted London-listed shares

Published 18 days ago

Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance following April? (those in bold remain from 2018)...

Tom Winnifrith Bearcast: Bidstack a buy? Atlantic Capital spivs are taking the piss

Published 26 days ago

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

Plus500 has recovery potential from the current lows

Published 28 days ago

Sentiment towards Plus500 (PLUS) has been negative for some time now, and justifiably so in light of its most recent trading update.

Lessons from Plus500 & Time to sell more Purplebricks

Published 35 days ago

The shocker from Plus500 (PLUS) provides useful lessons for bulls and bears. Little more than a year ago I suggested selling the shares at £11...

Tom Winnifrith Bearcast - an email to my dear friend the China fraud specialist Paul Shackleton

Published 37 days ago

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

Plus500 – argues a “disappointing” Q1 “due to extremely subdued financial markets”. Really?

Published 37 days ago

Previously writing on Contracts for Differences trading provider Plus500 (PLUS), I noted in February a house broker 1760p share price target but with the shares lower below 1000p concluded I’d certainly still feel more comfortable with the bears than the bulls. Today a ‘Q1 2019 Trading Update’ commencing “Subdued financial markets in the quarter weighed on revenue for the period”. Uh oh…

March performance update: start of 2019 top shorted London-listed shares

Published 47 days ago

Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance following March? (those in bold remain from 2018)...

February performance update: start of 2019 top shorted London-listed shares

Published 80 days ago

Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance following February? (those in bold remain from 2018)...

Tom Winnifrith Bearcast: why I am a journalist not a thirsty share blogger & count-down for Telit

Published 90 days ago

I start by issuing a correction. That is what journalists do and thirsty share bloggers don't when they goof. That refers to Footasylum (FOOT) though my generic point still stands. I also cover Telit (TCM), UK Oil & Gas (UKOG), Dev Clever (DEV), Plus500 (PLUS) and Patagonia Gold (PGD) and other loss making companies that, for some reason, have net debt.

Tom Winnifrith Bearcast: the bloke who did not beat me up makes a critical point re share buybacks

Published 93 days ago

In this podcast I discuss Plus500 (PLUS) again and also share buy backs in general and specifically. I also look at Motif Bio (MTFB) and the general issue of who should sit on a smaller company board. This podcast comes to you from my mother-in-law's in the Grim North.

Tom Winnifrith Bearcast: From the Grim North my Argo folly compounds itself

Published 94 days ago

I report to you from the Grim North, a phrase Joshua has learned, much to the annoyance of the Mrs who is, herself, from the great post industrial welfare safari. In this podcast I cover Argo Blockchain (ARB), Optibiotiox (OPTI), Plus 500 (PLUS) and Angus Energy (ANGS).

Plus500 – share buyback & shareholder moves. A 1760p price target… or not?

Published 94 days ago

Following the same yesterday, both a “Transaction in Own Shares” and “Holding(s) in Company” announcement from Plus500 (PLUS) already today. The shares have though currently responded further lower, below 1000p…

Tom Winnifrith Bearcast - do you remember the City slickers?

Published 97 days ago

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).

Plus500 – “pleased to announce” results… so why a near 30% share price crash?

Published 97 days ago

Writing on Plus500 (PLUS) in November with the shares rising above 1400p, I questioned it stating “a good position for 2019”. Today from the company “pleased to announce preliminary unaudited results for the year ended 31 December 2018”… but the shares currently approaching 30% lower, at around 1150p!...

FCA binary options & CFD proposals – what do they mean ref. IG Group, CMC Markets & Plus500?

Published 164 days ago

The FCA has announced proposals to “ban the sale, marketing and distribution of binary options to retail consumers” and “restrict the sale, marketing and distribution of contracts for difference (CFDs) and similar products to retail customers”. What does this latest nanny-state (oops sorry, “address harm to retail consumers from the sale of certain complex derivative products”) move mean for the firms in the industry?...

Plus500 – argues “a good position for 2019”. How good?

Published 180 days ago

Contracts for Differences online trading platform company Plus500 (PLUS) “is pleased to announce… the board believes that the group's results for the financial year ended 31 December 2018 will be ahead of previous market expectations” - and the shares have responded currently more than 11% higher, above 1400p. That though also still compares with more than 2000p reached in August…

Plus500 – emphasises “ahead of expectations”… but still a 14% quarterly revenue decline

Published 208 days ago

A trading update from “online service provider for trading Contracts for Differences”, Plus500 (PLUS) including “in the three months ended 30 September 2018, the company's revenue was $100.1 million, a decrease of 14% compared to the same period last year. This period included two months (August and September) of trading post the newly implemented ESMA regulations”. The shares have currently responded, er, more than 6% higher, back above 1300p!…

Plus500 – first founders (including MD) sell shares, now Playtech does...

Published 254 days ago

Shares in Plus500 (PLUS) are down from more than 2000p reached last month, but yesterday saw company founders - including Managing Director Gal Haber - sell in total 9.39 million shares at 1550p and today from Playtech (PTEC), a “Sale of holding in Plus500 Ltd” announcement…

August performance update: start of 2018 shorted AIM shares

Published 264 days ago

Early this year we showed Shorted AIM shares at the start of 2018. How's the latest performance?...

Plus500 – emphasises “very successful first half”… so why are the shares materially lower?

Published 279 days ago

Plus500 (PLUS) has announced results for the first half of 2018, including emphasising “we have had a very successful first half with two major milestones; another record set of first half results including an exceptional first quarter performance and completion of our move up to the Main Market”. However, having recently exceeded 2000p, the shares have responded materially lower towards 1700p. Hmmm…

End July performance update: start of 2018 shorted AIM shares

Published 286 days ago

Early this year we showed Shorted AIM shares at the start of 2018. After the latest month, how's performance?...

New ESMA regulations are likely to have a negative impact on Plus500

Published 344 days ago

CFD trading platform Plus500 (PLUS) has had a very strong start to the year and its share price has risen by around 90% off of the back of a strong trading performance, but I would definitely question whether that is set to continue going forwards due to some regulatory changes which are about to come into effect.

End May performance update: start of 2018 shorted AIM shares

Published 349 days ago

Early this year we showed Shorted AIM shares at the start of 2018. After the latest month, how's performance?...

End February performance update: start of 2018 shorted AIM shares

Published 440 days ago

Early this year we showed Shorted AIM shares at the start of 2018. After the latest month, how's performance?...

Plus 500 - Once More Unto The Breach

Published 441 days ago

I have made a right hash of trading Plus 500 (PLUS) in the past. It has to date completely defied two observations that I made. The first was that companies which make money by ripping off their customers do not last long and the second was that when insiders sell stock in significant quantities it is wise for investors to follow suit.

ShareProphets Share Tips of the year Number 22 - sell Plus 500 says Lucian Miers

Published 868 days ago

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).

Thoughts on the rout of the spreadbetting firms -a pair trade: buy IG sell Plus

Published 888 days ago

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).

The Odey Death Portfolio

Published 892 days ago

Hedge fund manager Crispin Odey has had an awful year. His uber bearish macro calls have not paid off and his big long and short stock bets have nearly all gone terribly wrong too. When funds are in this much trouble it can have devastating effects on certain stocks. So what is in the Odey death portfolio?

Tom Winnifrith Bearcast: Staring down the barrel - just one week left for the bailout placings

Published 895 days ago

I am just so tired after day 4 of the olive harvest. You can see today's report - into the lair of the snake - HERE. In this podcast I cover: Cloudtag (CTAG), Strat Aero (AERO), Andalas (ADL), the CFD firms and the FCA, notably Plus 500 (PLUS), African Potash (FRAUD), Corero (CNS), Inspirit (INSP) and Fishing Republic (FISH).

CFD firms whacked as Britain's FCA follows European lead and clamps down

Published 895 days ago

I do not use CFD's. They seem like a mugs game and indeed research by the FCA shows that 82% of clients of the big providers lose money. But then most folks lose on the horses or on betting on football so why target CFDs? It is all driven by MiFD2. We saw this take shape in Cyprus last week although Plus500 denied that it would be affected in a pathetic rebuttal to my scoop. That rebuttal was bollocks and Plus shares are among the big fallers today as the FCA has weighed in with a series of measures.

Tom Winnifrith Bearcast: Speaking at length about AIM fraud to a bird from Bloomberg

Published 900 days ago

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.

UPDATED: Plus500 - problems ahead in Cyprus? A compelling short

Published 900 days ago

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.

Table of shorted AIM shares - week to 04/11/2016

Published 926 days ago

From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the shorted AIM shares at the end of this week (by net short position %) - and if this position has increased (red), reduced (green) or remained unchanged (black) since last week...

Reg Hoare is Wrong - Plus 500 remains a short

Published 1148 days ago

Having received an email from Plus 500 (PLUS) PR Reg Hoare re my recent article. I am more than happy to stand corrected on a couple of points and suggest you read Reg's mail HERE. I accept that Plus 500 does not provide binary options and nor does it cold call prospective clients, however I would however like to make the following points in relation to the email below.

PR Genius Reg Hoare of Plus 500 infamy I wouldn't presume to tell you how to run your business but...

Published 1149 days ago

Yesterday I ran an email from PR Genius Reg Hoare who acts for Plus500 (PLUS) which tries to set the record straight after Lucian Miers' article the previous day. At the end of his email Mr Hoare states "I wouldn't for one moment presume to tell you how to run your Share Prophets web-site, but" he then tells me how to run my business. Ok Reg, I wouldnt presume to tell you how to run your fecking PR business but...

PR Genius Reg Hoare says Lucian & Times of Israel wrong on Plus 500

Published 1150 days ago

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:

Plus 500 : Storm Clouds on the Horizon

Published 1150 days ago

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.

Tom Winnifrith Bearcast 24 March - Red Flags on Green Shite Edition

Published 1152 days ago

I shall deal with willie obsessed holiday ruining Easyjet (EZJ) later. And also with Fastjet (FJET) but suffice to say its shares are a sell. A reminder SPUKI - book your seats today to hear me expose the fat share ramper Lenigas in full plus much more at UK Investor on April 30. Thanks to Intelligent Energy (IEH) for clarifying what net cash means ( please note D&D) I cover its woes today plus also Plus500 (PLUS), RedX Pharma (REDX), Next (NXT) and Sareum (SAR)

Plus 500 - have you read THIS article - you sure you want to own the shares?

Published 1152 days ago

An article in the Times of Israel on binary betting and the industry centred on Tel Aviv has been drawn to my attention. Ouch.

A Christmas cracker from the liars at US Oil & Gas

Published 1243 days ago

"It's the way I tell em" used to say Frank Carson, before continuing "Its a cracker". But old Frank had nothing on his fellow Irish comedian wee Brian McDonnell of US Oil & Gas (USOP) which served up a stormer of a Christmas update yesterday. Brian, you crack me's the way you tell em. That classic "The dog ate our drill test results" still has me in stitches. And now this.

Video: Tom Winnifrith, Lucian Miers, Matt Earl and Graham Neary 8 stocks going to Zero from Gold & Bears

Published 1251 days ago

This was one of the sparkiest sessions at Gold & Bears and I loved it. Each of myself, the bard of the Boleyn (Lucian Miers), the Dark Destroyer (Matt Earl) and Baby Bear (Graham Neary) selelected two stocks we thought were going to zero and explained why. They were: Fastjet (FJET), AO World (AO), Gulf Keystone (GKP), Slater & Gordon (SGH), Avanti Communications (AVN), Plus500 (PLUS), Tungsten (TUNG) and - bugger me - I can't remember Matt's other pick. Watch the video to find out, its a stormer.

Zak Mir's Great Request Show: Netplay, Petropavlovsk, Plus500

Published 1253 days ago

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Netplay (NPT) Petropavlovsk POG) and Plus500 (PLUS) and set share price targets for all three stocks.

Plus500 - Numis ceases coverage with damning note (which we have), shares tank

Published 1259 days ago

Top broker Numis has ceased its coverage of Plus500 (PLUS) with an incredibly damning note for its institutional clients, which just happens to have fallen into my possession. Steve Moore and myself have been bears of this stock for a while and we remain so. Now over to Numis which writes:

Zak Mir's Great Request Show: Forbidden Technologies, Pace, Plus500

Published 1264 days ago

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Forbidden Technologies, Pace and Plus500 setting share price targets for all three stocks.

Zak Mir's Great Request Show: Obtala Resources, Orsu Metals, Plus500

Published 1271 days ago

If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Obtala Resources, Orsu Metals and Plus500, setting share price targets for all three stocks.

Plus500 – update as takeover by Playtech off following “an update from the FCA”…

Published 1274 days ago

Having consistently cautioned on the proposed 400p per share takeover of Plus500 (PLUS), the shares are currently falling below 350p following an announcement of “Termination of Merger, Dividend and Share Buyback”

Filthy Forty - GTS Chemical Trading Update

Published 1298 days ago

ShareProphets AIM-China Filthy Forty play GTS Chemical (GTS) has released a Q3 trading update which is full of unmitigated good news. Revenues up 34% on the same period last year, margins steady, new plant on-stream and more on the way, capacity up, distributors up: the good news is unrelenting. What's not to like?

Filthy Forty (and others) - who is passing these as fit for UK markets? Part 4. Yup, losses again

Published 1299 days ago

Having examined Team Stevens and Team Lau, Graham Chester moves on to take a look at Team Wilson/Sacker at UHY Hacker Young in his continuing horror story. Once again, watch as the losses pile up.

Red Flags at Night: Plus 500 takeover delay and Circassia Pharma NED selling

Published 1339 days ago

Two no-one-is-watching o’clock RNSs caught my eye last night, both after 6pm when everyone had gone home for the weekend, or perhaps were limbering up for the opening skirmishes of the Rugby World Cup. One from fully-listed Circassia Pharmaceuticals plc (CIR), and the other involved the much covered AIM-listed Plus 500 (PLUS) and its proposed takeover by fully listed Playtech (PTEC).

Plus500 – interim results, has it really “performed well over the period”?

Published 1362 days ago

A results statement for the first six months of 2015 today from Plus500 (PLUS) includes that “notwithstanding the impact of UK regulatory matters, the group has performed well over the period”. Hmmm. Is this really the case? …

TechFinancials Inc. – profit warning, in the footsteps of Plus500?

Published 1368 days ago

Having only listed in March at 27p per share, shares in trading software and online brokerage operator, TechFinancials, Inc. (AIM: TECH) are currently crashing towards 20p on the back of an announcement including that it “will not meet market expectations with regard to revenue and profit for the year to 31 December 2015”. With the shares having exceeded 40p in the month of their listing, is this, like Plus500 (PLUS), going to disappoint following a share price surge?

Plus500 – acquisition by Playtech plc moves further closer, but not complete yet...

Published 1369 days ago

Recently operationally troubled CFD trading provider Plus500 (PLUS) has updated on the proposed 400p per share acquisition of the company by Playtech plc following a vote by shareholders of the latter on the deal…

Plus500 – “update” sends shares lower & omits critical information

Published 1440 days ago

Plus500 (PLUS) has announced an “update regarding its remediation plan for customers of Plus500UK”. How useful is the update though? …

Piers Linney of Dragons Den – another business failure unearthed & his PLC record in focus as shares in Outsourcery Slump

Published 1755 days ago

Over the weekend I revealed HERE the string of business trainwecks that are the real career of Dragons Den new boy Piers Linney. I also flagged that his AIM listed Outsourcery (OUT) was in dire straits and its shares have slumped from 34p on Friday to 25.5p ( and falling) today as the possibility that it could go tits up looms ever larger – as I flag HERE.

USOP Comedy Genius Liam McGrattan is coming to the AIM Cesspit – you could not make it up!

Published 1808 days ago

Well this is the acid test for AIM – will it accept a listing from Liam McGrattan the Irish fellow who has brought us the stockmarket disasters US Oil & Gas (USOP), TeknoMining and many others. If the Cesspit allows Liam to list IMC Exploration then it is officially a joke market.

Exclusive: US Oil & Gas – The FSA Insider Dealing Enquiry Secret Document Revealed

Published 2202 days ago

Another day and more documents emerge. Among the absolute classics is an email from Brian McDonnel (the hapless CEO) to a shareholder demanding that the shareholder cease ringing contractors and officials in Nevada to discover things about life in Hot Creek. Brian says that it is illegal for shareholders to do such due diligence. What piffle.

Exclusive – why US Oil & Gas was kicked off PLUS – we reveal secret documents

Published 2202 days ago

I have today been passed secret documents sent by both the FSA and regulators at PLUS Markets to advisors to disgraced scandal ridden US Oil & Gas.

The Teknomining scandal – I accuse more Company Directors of being liars. Meanwhile: US Oil & Gas – avoid like the plague

Published 2220 days ago

This is a story that started in an office above a pub in a part of Dublin where muggers go out in pairs for their own safety.


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