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musicMagpie – the email that tells you all you need to know, the merde IS hitting the fan

By Tom Winnifrith, the Sheriff of AIM | Wednesday 31 August 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.

I suggested yesterday that musicMagpie (MMAG) was trading badly and that this means that an equity raise will, at some stage, be needed in order to stave off a visit from the Fat Lady. I pondered if that fund raise was already underway. Bang on cue an email drops to those who may or may not have signed up to being spammed by Magpie.

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