Latest Views & News

Now it's time to go to town on Eurasia Mining as a bear

By Tom Winnifrith | Saturday 25 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.


Two or three weeks ago I clambered off the fence and explicitly told you to short Eurasia Mining (EUA) at 28p. The shares are now 23.6p in the middle. So far so good for we bears but the company is still valued by the market, on a fully diluted basis as there are loads of in the money options, at well over £700 million which is insane. A placing announced yesterday is the cue to add to your shorts.

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £5.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

|