ShareProphets

The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join ShareProphets at less than 2p per article

> All the big AIM fraud exposés

> 300 articles and podcasts a month

> Hot share tips

> Original investigations by our experienced team

> No ads, no click-bait, no auto-play videos

Find out more

Breaking: Novum aspires to be the bucket shop of choice: Beaufort Corporate broking team set to sign this morning

By Tom Winnifrith | Monday 12 March 2018


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.


It is not yet a done deal but my sources tell me that the corporate broking team led by Jon "for 5% I will raise cash for any old crap" Bellis from shamed Belfort Securities, now in administration, has this very morning just arrived at Novum Securities.

The word is that Novum CEO Hugh McCallister - the man who almost managed to bail out the fraud Cloudtag with his clients dosh even after its Nomad had resigned -has agreed terms with Bellis and the team and that they will sign forms this morning. Watch for Novum to be appointed as broker to a raft of the most useless stocks on AIM before long.

The King is dead. Long live the King.


Filed under:



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

Comments are turned off for this article.




Site by Everywhen