2975 days ago
Words fail me. You want a sure fire way to lose money then welcome to a new service launched by former City analyst Rob Mundy, Research Tree. It is in every way, shape or form an abomination which deserves to die at birth.
For years City brokers have said that their research can only be sent to institutions for compliance reasons. We private investors are just not smart enough to understand it. In fact I have an email from just three weeks ago from FinnCap to me making this very point.
Now for £40 a month you - a private investor - can access that very same investor research from 17 firms (including FinnCap) supplied via Mr Mundy and his new platform. No doubt Mundy operates on a revenue share model with the brokers and they are having such a tough time they need all the cash they can get. FFS coke and hookers don't come cheap do they?
But
3333 days ago
Just a quick mention of the 57 year old punk who made my week - the full article is HERE. In the main podcast I look at oil stocks and ask is it time to buy? The answer is no - Gulf Keystone and Afren could both still fall by another 75%. I look at them, Igas and Mosman. Then onto why small City brokers are ALL failing and what needs to change.
3605 days ago
I am an ASOS (ASC) bear and explained last week why I think the shares should be at £23 - HERE. Natch the City’s brokers all used phrases such as “buying opportunity” after the most recent profits warning. Heck they seek corporate mandates rather than handing out decent advice. But hat’s off to Morgan Stanley. It has broken ranks with a bearish note out today. Good on you fellas.
