Black Rock

3632 days ago

Legendary Investments Announces Successful Placing but talks bollocks

AIM Cesspit listed Legendary Investments (LEG) has today issued a release headlined “successful placing”. How does it define success? Meanwhile , how I define “talking complete and utter bollocks?”

Legendary has raised £900,000 at 0.11p with “a range of institutional and private investors” In plain English that means bucket shops and other flippers. The chances of one finding that Fidelity, Black Rock and Berkshire Hathaway have joined the shareholder register are somewhat slim.

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3639 days ago

Blinkx and BlackRock – what is going on?

BlackRock Investment Management is one of the biggest  and most respected names in fund management and it seems to be dumping blinkx (BLNX) shares at almost any price but it still has a stack more to dump. What is going on?

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