1059 days ago
Valereum Blockchain (VLRM) is an Aquis listed illiquid company with a start up business with sod all revenues and sod all cash. But ramped by hucksters like Lenigas and Zak Mir it is now, at 33p capitalised at £21.5 million. Now it seems, according to Lenigas, that IG wil pour petrol on the fire allowing gfolks to buy on margin. What could possibly go wrong?
1162 days ago
Apologies for suggesting that the fraud Zoetic (ZOE) is on the list. It is not. But 974 companies are and are listed below. With bears now an officially endangered species this is going to largely effect bulls. We do not know how big a percent of the equity of the stocks below is owned on margin. In many cases it will be tiny. But in others it will be material and the forced closing of positions in these stocks could have knock on effects throughout the small cap world. Punter x meets his enlarged margin call in one stock by banking gains and selling elsewhere. I do not know how big the ripples will be but I sense it will cause some pain in some quarters. The list is below.
1162 days ago
I start with a look at Purplebricks (PURP), my mother-in-law and Uber and a potential bombshell. Then I go onto IG Index changing its terms of trade and how this could create a bull squeeze in stocks including Versarien (VRS), Zoetic (ZOE) and Eurasia (EUA). The article I reference on my own website is HERE. And no-one has yet guessed the horse-riding person who interviewed me yesterday. It was fun.
3290 days ago
In this podcast I look at the bleating customers of IG Index, the nature of AIM in relation to a chat with Doc, the Labour/SNP threat to Britain in the context of HSBC threatening to quit, Rosslyn Data and James Courtis Pond and again at the forthcoming AGM Of the LSE.
3993 days ago
I offer no comment on this weekly feature it is a simple matter of observation. The two tables below show the most active discussions on the ADVFN and iii Bulletin Boards as of a Thursday morning. I exclude discussions about the FTSE or blue chip stocks as in those cases private investor sentiment and trading has little influence on the share price. I include the odd fully listed stock were Private Investors can drive the price at the margin.
Column two in each table shows the percentage of clients at spreadbetting form IG Index who are long of each stock. It is fair to assume that IG has a large enough client base and so its long/short balance is indicative of market sentiment as a whole. And the boards at iii & ADVFN have sufficient posters to also represent Private Investor sentiment as a whole.
Thus if 99% of IG clients are long of a stock that is heavily discussed on a BB thread one assumes that there is a lot of ramping going on ( that is to say folks who own a stock urging others to buy by posting bullish comment). And vice versa.
4014 days ago
I offer no comment on this weekly feature it is a simple matter of observation. The two tables below show the most active discussions on the ADVFN and iii Bulletin Boards as of a Thursday morning. I exclude discussions about the FTSE or blue chip stocks as in those cases private investor sentiment and trading has little influence on the share price. I include the odd fully listed stock were PIs can drive the price at the margin.
Column two in each table shows the percentage of clients at spreadbetting form IG Index who are long of each stock. It is fair to assume that IG has a large enough client base and so its long/short balance is indicative of market sentiment as a whole. And the boards at iii & ADVFN have sufficient posters to also represent Private Investor sentiment as a whole.
4015 days ago
Right now resources stocks listed on the Cesspit AIM market have a sort of Freddie Starr status. The old boy has not been charged and folks give him the benefit of the doubt but it is not exactly like he is getting a rush of bookings. And so profitable stocks trade at a premium to cash and those that are not profitable discount severe dilution but not bankruptcy. But that could change.
There is a story doing the rounds about a resource darling which I cannot verify although the source seems to be kosher. As such I shall not name the company in question. Over at IG Index almost all of those betting on it are long. They have been long and wrong for a while but while the shares have slid noticeable they have not collapsed. On the Bulletin Boards sentiment is still gushingly positive despite the slide.
