Personal and undiluted views
ETX

1902 days ago

Tom Winnifrith Bearcast - e-Therapeutics this stinks like a pile of rotting kippers at the height of summer

In this podcast I start with Baby Bear, Graham Neary, and why he is wrong on Fastjet (FJET). The trouble is that he is being too nice. Baby, try to remember that we bears are meant to be complete and utter bastards. I then discuss my own Greek planning woes and those of Minoan (MIN). Then it is onto e-therapeutics (ETX) and today's RNS which stinks to high heaven. This is now an A1 bargepole stock. I then cover Atlas African (AAI), Andalas (ADL) - what price the next placing?  - Hague London (HNL) and MX Oil (MXO) again what price its next placing? 0.1p looks about right to me.

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1988 days ago

Tom Winnifrith Bearcast 15 Feb: 88 Energy, Fast Forward, Magnolia - it's all bollocks

All sorts of crap shares are going up today and some that are not crap but are just insanely overvalued. In a podcast riddled with bad langauge I discuss 88 Energy (88E), Fast Forward (FFWD), Phorm (PHRM), Hornby (HRN) and Glenwick (GWIK) among the risers and among the fallers I look at Auhua Clean (ACE), All Leisure (ALLG), Iofina (IOF), ETherapeutix (ETX), the frauds Jiasen (JSI) and Aquatic Foods (AFG) and finally I ask all the advisors (nomad, broker PR flunkies) to Magnolia (MAGP) just show shabby and dirty they feel today. If I was them I would feel sordid and ashamed. They are all beneath contempt.

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2400 days ago

Having problems shorting Quindell – go to ETX!

I endorse ETX as a spreadbetter because it allows you to short small caps in a way that other spreadbetting firms do not. I have had a number of folks saying they cannot short Quindell (QPP) with their spreadbetting firms. I have just spoken to ETX where you CAN short Quindell. So, folks SIGN UP HERE & PLACE YOUR BETS AT ONCE.

Apply for an account HERE

Then if you make an initial deposit of up to £6,000 to your trading account before close of play today ETX Capital will match this with a sum equivalent of 60% of what you added.

What could be simpler? – you can start right away by apply for an account HERE

* Terms and Conditions are applicable to the promotion, details of which are on the WEBSITE and there are also release criteria applicable to withdrawals.

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2779 days ago

Set to Lose my ETX Christmas Trading Challenge with Steve Moore – stopped out on Cupid

I have a bad feeling that it will be me rather than my young apprentice sending a £50 donation to Woodlarks as a result of losing our Christmas spread betting challenge. The force is not with me on this one.

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2788 days ago

Trade Number 7 in my ETX Christmas trading challenge with Steve Moore – Range Resources shock

This is going to shock, horrify and stun you. My seventh trade in my Christmas ETX Trading Challenge with Steve Moore is to buy Aussie oil explorer Range Resources (RRL) at 1.28p at £60 a penny. “What the Castlemaine xxxx” I hear you say, are you not a mega bear?

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2788 days ago

My Christmas ETX Spreadbetting Challenge with Steve Moore – Trade 6 (Range Resources)

Do I think Range Resources (RRL) is overvalued ? Yes. Where are the shares going short term? I am not sure. 

Not only are the markets in a fizzy mood making any short dangerous but from what I gather the company might just announce that it is ready to expand its Trinidad operations thanks to a new loan facility and/or it might actually sell its US assets. Either could see the shares spike short term.

Both are ifs not whens and I would certainly not regard this stock as cheap. But I am ahead on this short trade and so why not bank a gain. I am buying back Range to close at 1.356 and so have netted a massive profit of £2.32 on this trade. 

That will assist me slight in my little pre-Christmas contest with Steve Moore. Whoever makes the most/loses the least will not send a cheque for £50 to Woodlarks. Any profits either of us make will also go to Woodlarks.

If you want to trade small caps like Range most spreadbetting firms won’t let you do it. ETX will. That is why we have partnered up with them.

If you open an account with them before Friday you will get a free £500 to trade with. You can open that account HERE

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2794 days ago

Trade 5 in my Christmas spreadbet challenge with ETX – Sell Cupid

I had never done a spread bet in my life until eight days ago. But I have just completed my fifth trade – selling Cupid (CUP) at £4 a penny at 54p. My stop is set at 64p. 

Steve Moore & I have both opened accounts with ETX and been given £50 to trade small cap shares. If we were to trade Forex or indices we could get another £450 free. This is not a special deal for us you too can get your free trades with ETX starting right now.

THIS OFFER HAS BEEN EXTENDED TO DECEMBER 13 SO TO GET YOUR FREE DOSH OPEN YOUR ACCOUNT NOW!

All you need to do to trade is to open an account which you can do in minutes – CLICK HERE

Any profits that I make on my Christmas trading challenge will go to the Woodlarks charity. So far I am afraid to say I am ahead on my Range short but behind on my @UK ( now called Cloudbuy – CBUY) long. So there is no Christmas windfall for Woodlarks. Yet.

Why short Cupid? We have zero earnings visibility here and the recent departure of founder and CEO Bull Dobbie is very odd as Lucian Miers explained here 

Anyhow, for me Cupid shares will slump. It is not a matter of if but when.

Most spreadbetters won’t allow you to bet on stocks as small as Cupid. ETX will which is why we teamed up with them.

You can start spreadbetting small caps with ETX right now HERE but to get up £500 free to trade with you need to open an account TODAY

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2801 days ago

The Second Trade in my ETX Christmas Trading Challenge – sell Range Resources

Well here goes…I had never done a spread bet in my life until yesterday. However, I am challenging Steve Moore to a trading challenge to run until Christmas. And I have just completed my second trade.

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2802 days ago

The First Trade in my Christmas ETX SpreadBet Challenge – buy @UK

Well here goes…I have never done a spread bet in my life until just now. I am challenging Steve Moore to a trading challenge to run until Christmas. And I am now underway.

We have both opened accounts with ETX and been given £50 to trade small cap shares. If we were to trade Forex or indices we could get another £450 free. This is not a special deal for us you too can get your free trades with ETX starting right now.

All you need to do to trade is to open an account which you can do in minutes – CLICK HERE

My first trade ( using my free £50) was to buy @UK (ATUK) at just over 55p with a 48p stop loss. The Closet Chartist says that the stock is heading to 80p, I like the management – having backed them at c5p a few years ago – and I hope this is a winner.

Any profits that I make on my Christmas trading challenge will go to the Woodlarks charity.

You can start spreadbetting small caps with ETX right now HERE

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2810 days ago

Open your spreadbetting account with our partner ETX ( as I have done) and get up to £500 free – offer ends November 30th

We are approached by all sorts of spread-betting firms to partner up with them. After one not so great experience I am very picky about who we deal with. And so I am delighted to say that we have kissed the frogs and without reservation teamed up with ETX.

I have opened an account ( for a Christmas trading challenge with Steve Moore) and you too can do so here

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2822 days ago

Teaming up with Spreadbetter ETX & I open my account for a Christmas challenge

We are approached by all sorts of spread-betting firms to partner up with them. After one not so great experience I am very picky about who we deal with. And so I am delighted to say that we have kissed the frogs and without reservation teamed up with ETX.

I have opened an account ( for a Christmas trading challenge with Steve Moore) and you too can do so here


Shareprophets will earn a small percentage of the spread each time you deal with an ETX account opened here so I hope that you do open such an account.

It was pretty much the same deal on offer across the board so why did we pick ETX?

1. They will allow you to spreadbet all the normal bets ( indices, forex, blue-chips, commodities) but almost uniquely they will also allow you to place a bet ( long or short) on small caps with a market cap of as little as £10 million. So you can short like Evil in a way you could not before but also0 place leveraged buy bets on the long tack.

2. ETX is a long established and pukkha firm which won’t be disappearing overnight like some newbies in this market. They are good guys.

3. You get a bonus of up to £500 for just opening an account. Can’t say fairer than that.

I will start my Christmas trading challenge with Steve (any profits we make on that will go to the Woodlarks charity) next week.  Spreadbetting is not suitable for everyone, your leverage means that losses are in theory unlimited.

But if you fancy a free bonus for signing up and want to spreadbet small caps I hope that you open an account HERE


  

Tom Winnifrith

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