By Tom Winnifrith | Saturday 12 August 2017
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
On Friday at 4.30 Tern (TERN) announced that it was raising £300,000 on a first come first served basis via PrimaryBid. It would perhaps be fair to say that our extensive coverage of this company has not been universally bullish.
I think the low point in our relationship was when chairman Angus Forrest reported myself and the deputy Sheriff of AIM, Nigel Somerville, to the Old Bill for harassment. as you can read HERE the Rozzers treated that matter with the contempt it deserved. The Old Bill took a similar stance when white collar criminal Chris Oil also reported me for harassment as you can see HERE
Though Tern has changed an awful lot since then and a new chappie, Al Cisto, is running the show and his is also a stock that can spike sharply when in peak ramp mode it would be hard for me to suggest that you take part. Even though...
We earn a commission every time one of you who has registered with PrimaryBid through a link on this website takes part in a placing. But it would bhe unprincipled to suggest you take part.
Having said all of that, some Primary Bid offers are crackers so you should ALL sign up HERE.
Never miss a story.
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments are turned off for this article.
Search ShareProphets |
Stock market news |
Recent Comments |