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Expose: the company ramping Eurasia shares which can't even file its own accounts so why believe its analysis of other company's accounts?

By Tom Winnifrith | Thursday 2 September 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.

The FCA needs urgently to take a look at the paid for research market. It seems anybody can enter and then can charge a fat fee for publishing whatever ramptastic shite they like. On Tuesday I cited the utter fiction produced by Proactive Investors on the Supply@ME Capital (SYME) fraud. Today I bring you one reason Eurasia Mining (EUA) shares roofed it yesterday, a report from ACF Equity Research, a company that cant publish its own accounts so why on earth should it be able to analyse those of anyone else?

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