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A lesson for morons owning Zoetic, Supply@ME Capital etc - a tweet that did not last well from 2013

By Tom Winnifrith | Thursday 11 March 2021

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.

Folks owning shares in frauds or Bulletin Board Morons always, for a time, crow at the stupidity of ShareProphets as such stocks, like shooting stars, can rocket before the final collapse. Natch shareholders do not see this. They are convinced that ShareProphets and its writers are shorting, which we are not and that temporary share price strength is a sign that they are right. Here, for such folks, is a tweet from a moron called Spencer Freeman who used to plague me seven or eight years ago.

As a reminder, Quindell (QPP) is now the subject of a full SFO investigation and its accounts have, as we said they were then, have been shown to be pure fiction. Gulf Keystone (GKP) had, as we predicted it would, to do a massive debt for equity swap which wiped out morons like Spencer. These were, at peak, £3 billion and £1 billion companies we called out, facing not only trolling by moronic investors withy the usual sprinkling of death threats etc but also multiple legal threats from Quindell.  But of course today’s morons insist I never get anything right and it will be different this time….


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