By Tom Winnifrith | Thursday 18 November 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.
Shares in the fraud Chill Brands (CHLL) have raced ahead today by 53% to 17.25p on the back of news of a new distribution deal. Yup, the market cap has gone up by c£12 million on the back of a transaction worth £275,000 or less. Insane. You bet. But of course Chill does not give any numbers in its release and morons buying this stock have not done the maths or checked out Google Earth. I have, as you can see below.