Motley Fool

3382 days ago

Pacific Tycoon – An Open Letter to Media Owners: Please Boycott this POS

I am goaded into writing a letter to those responsible for the only financial websites that matter (ADVFN, iii, LSE and Motley Fool) asking them to follow our lead at ShareProphets and to publicly refuse to take any advertising from Pacific Tycoon because quite simply it is a scheme that will ensure readers lose money.

Pacific Tycoon promises bumper returns from renting out shipping containers in Asia. The returns it promises are amazing. And yet after rewarding investors it still spends vast sums on renting lists from financial websites to promote its scheme. The fact that it pays so much more than normal is a Red Flag in itself. And why does it market so aggressively if the returns are both that good and real?

It must be tempting for some media owners to take the cash. We have refused point blank to take its advertising because as I have written HERE, HERE and HERE we think it is a big con. And we do not want any part of it.

I note 

3384 days ago

Bulletin Board Moron of the Week 10 – in Honour of Motley Fool Quindell Moron Prabhat Sakya

Prabhat Sakya writes for Motley Fool and thinks that Quindell (QPP) is a good yield play on a PE of 1.2 and thus has sold his Barclays shares to buy more Quenron – words fail me. Just to show that morons do not obnly post on the LSE.co.uk I bring you Prabhat’s latest pearls of wisdom as a treat. It is a hoot. Do you think you kind find anyone thicker than Prabhat posting sheer lunacy on a Bulleton Board? If so please post those gems in the comments section below – deadline midnight 1^st February.

Prabhat writes:

Last year my portfolio took quite a beating.

3433 days ago

What the Quindell RNS really means – it means 0p, and here is why

I could not have put this better myself. Posting on the Motley Fool, the incredibly astute Waz Shakoor (who is short of the stock) explains it in the clearest terms. This is going to 0p. Hat tip to Waz who writes:

Writing an RNS can be a real art form, as can interpreting what has been written. That is why the initial reaction to a seemingly positive RNS can often whither away as more experienced investors get their teeth into the exact words that have been used. In the case of AIM, one also has to bear in mind what the NOMAD (if it has any sense of responsibility) will put its name to.

Today's RNS is a classic from Quindell: