That New World Oil & Gas (NEW) is an omnishambles is clear. Ben Turney has one route for going forward (see HERE) which has made him the hero of the LSE Asylum and the twitter lynch mob. I regard his actions as morally reprehensible but publish his articles anyway as I support free speech. But his case is both misleading and shocking in that it targets the very folk that I thought he, Brokerman Dan, Nigel Somerville, Malcolm Stacey and others who have written on this website wanted to protect – ordinary punters.
Ben, the asylum and the lynch mob seem to think that those who are now short of New World are wicked shorters. I see comments that it is “my shorting friends”. Au contraire, the professional shorters like Lucian, Matt Earl and Evil have nothing to do with this. Neither are any City brokers running a naked short.
If Ben and his new pals understood how the City works