Top Stories

Tom Winnifrith Coronavirus podcast number four- have up to 50% of us caught it already? Not even an expert like Richard North knows

Yesterday I discussed what my late Uncle Christopher Booker, the author of two very relevant works you really should read during the lockdown, , Scared to Death (available here) and GroupThink (available here) would have macde of the pandemic. I am not sure that my Uncle’s long term collaborator Richard North appreciates the irony of his response to that podcast which I discuss here. 

Wednesday 25 March 2020
All Stories

Letter to FCA & AIM Regulation re potential Market Manipulation or Abuse at Versarien

Yesterday Versarien (VRS) announced a death spiral on steroids which will only postpone bankruptcy and will see the share price shredded but the RNS was, I believe, an exercise in market manipulation and market abuse. Only a Nomad like SP Angel of the fraud MySquar infamy, could have signed off on it. I have written to the regulators demanding that, again, they take action

On ShareProphets
Tuesday 24 March 2020

Tom Winnifrith Coronavirus podcast number three - what would my late Uncle Christopher Booker have made of the pandemic?

As the author of two seminal works which are ideal reading while we self-isolate, Scared to Death (available here) and GroupThink (available here) Chris would have been a perfect commentator. Some of his friends like Peter Hitchens and James Delingpole seem to suggest that the cure may be worse than the disease or at least ask the question. I, though self isolating for reasons I explain, tend to agree with them. Oddly the executors of my uncle’s literary estate my cousin Nick and Booker’s long time collaborator Richard North think Covid-19 is the real deal. I start my discussion in a small Somerset village chatting to my Aunt.

Tuesday 24 March 2020

Tom Winnifrith Bearcast: when do we have to bailout the banks & writing to the FCA about Neill Ricketts (again)

I start with a few personal thoughts on phoning my elderly relatives in the era of Coronavirus. Then I look at Versarien (VRS), Open Orphan (ORPH), Tasty (TAST), Burford (BUR) and Carson Block of Muddy Waters and N Brown (BWNG) which prompts me to ask when the taxpayer will have to bail out the banks?

On ShareProphets
Monday 23 March 2020

Versarien & the £6m fund raise which provides not a cent upfront & will raise nothing like £6m - Ricketts lies about cash again

Versarien (VRS) this morning announced “subscription to raise £6 million”. Folks looked at the headline and the shares soared to 31p. Ha! Mugged by Ricketts again! Then they read the release. It is bullshit. Death spiral provider Lanstead is not putting up a cent up front and the total amount handed to Neill Ricketts’ bag of shite company over the next two years could well be well below its monthly cashburn! Ricketts really is the most shameless bullshitter and only scumbags like SP Angel, who took over as Nomad after Canaccord resigned, would sign off on such misleading gibberish which contains one MONSTER lie.

On ShareProphets
Monday 23 March 2020

The Bulletin Board Moron of the week is, no great shock, a Versarien shareholder

Last week I asked you to supply your idea of the most moronic post on the ADVFN, LSE or iii Asylums or on twitter. There were some good entries as you can see HERE but thanks to Aiminvestor for spotting this gem from the ADVFN asylum, Versarien (VRS) thread, natch, explaining why shorters should be in prison  whatever they say but share rampers create wealth and should all be lauded whatever they say. Our BB of the week is “Scrutable”: 

On ShareProphets
Monday 23 March 2020

Tom Winnifrith Bearcast: I agree with comments section uber-pest NoGold, he is utterly correct and wise

Not i suggest on most things. the man is clearly bonkers. But on how the Government should tax companioes getting subsidies for wages he has a very valid point which I discuss. Then I look at gold and when, not if, it will soar and gow to play that. Finally i look at what companies will do in terms of dividends AFTER they have, prudently, scrapped payments citing the Coronavirus. I fear Nigel Somerville and Ian Cowie of the Sunday Times may be in for a nasty shock. 

On ShareProphets
Monday 23 March 2020

Podcast - the mega bull case for silver

Bullion Dealer Gregor Gregersen may be talking his own book but he makes a very powerful case for being a silver mega bull.

On ShareProphets
Monday 23 March 2020

Tom Winnifrith Bearcast: Easyjet has to be nationalised with shareholders losing everything

I have discussed coronavirus itself putting to you a question no-one dares ask over on my own website HERE. Then I discuss Peter Brailey’s most excellent work on the oil price today and what it means for London’s listed oil stocks if Peter is even half correct, which I think he may be. Finally to the airlines and why shareholders in EasyJet (EZJ) must now lose everything in a nationalisation not just be modestly diluted as the FT argues is being discussed. 

On ShareProphets
Monday 23 March 2020

Golden Prospect Precious Metals – a gold buy

Gold is still up from around $1,300 a year ago and current uncertainty and economic responses look to create a potential perfect storm for precious metals ahead. We believe this is a geared, but lower-risk way than most, to play it… The sell off of gold in the past week is a dash for cash to cover trading losses elsewhere. But that will not last and you MUST have gold exposure.

On ShareProphets
Monday 23 March 2020

Optibiotix - new distribution deal & share price comment, Strong Buy

The prices of all AIM stocks are now essentially a binary bet. They are either 100% overvalued as they will go bust or, having collapsed, are fundamentally incredibly cheap as they are not going bust whatever the share price says. Optibiotix (OPTI) is very much in the latter category. I accept folks are panicking generally or they are facing margin calls elsewhere and have to sell shares to meet them. That however is not what will drive the share price in the long run…

On ShareProphets
Monday 23 March 2020