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Tom Winnifrith Bearcast: the awful forecasts and looming bankruptcy Bidstack is trying to hide

By Tom Winnifrith | Tuesday 20 September 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 start with the shameful behaviour of Bidstack (BIDS), a ramptastric RNS and an admission of new forecasts but not what they are. Guess what? They are shockingly bad, notwithstanding the ramptastic RNS, and admit that this company will be bankrupt by the first week of January unless it does a bailout placing. It took me an eternity to obtain the forecasts referenced in an RNS just about those very same numbers. Most morons have no idea how bad they are. I reveal all. I also cover Eve Sleep (EVE), Future (FUTR) and a £315 spoof at almost bankrupt Asimilar (ASLR).

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