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Musicmagpie - the corruption of the deadwood press, just lying to its readers!

By Tom Winnifrith, the Sheriff of AIM | Wednesday 23 March 2022

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.

It is almost as if reporter Jon Robinson from Business Live was taking dictation from PR fluffies Powerscourt as he reported on boardroom share buying at musicMagpie (MMAGhere.  Claiming the bosses were “doubling down” by buying £300,000 of shares at 52.5p is “doubling down” when, as I pointed out HERE, the same bosses had sold £15.7 million worth of shares at the IPO less than a year ago is just 100% misleading. It gets worse…

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