By Tom Winnifrith | Saturday 9 October 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 whole team at ShareProphets has long been sceptical about the fraud that is Supply@ME Capital (SYME) and the excuses that CEO Alessandro Zamboni regularly trots out to explain the endless delays in inventory monetisation. Whilst some of the Bulletin Board Morons that have invested in this scam are slowly developing some sense of scepticism others simply swallow Alessandro’s latest bullshit explanation even when the excuse doesn’t stand up to even minor scrutiny. Take for instance the latest explanation for the non-purchase of the FinTech bank as set out in interim results of 30 September 2021 below:
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