2322 days ago
This is a total car crash video interview with Longfin's CEO and CNBC. I discussed the insanity of Nasdaq star Longfin in bearcast yesterday but the CEO seems to agree with me about the valuation. Meanwhile as he discusses related party deals and other matters he is quite simply taken apart. But I admire his honesty. This chap surely shows the way for OnLine (ONL) boss Clem Chambers. Enjoy...
2323 days ago
I am still in a foul mood. Bah fucking humbug. The season of Goodwill is cancelled. This podcast contains a lot of bad language. I look at blockchain madness: Coinsilium (COIN), On Line (ONL), Vela (VELA) and Longfin (US:LFIN) on Nasdaq. Buy why is Milestone (MSG) missing out? Well Larry Cummins is a liar and that is just for starters. I look at Fishing Republic (FISH) where a statement is needed and then there is a detailed look at the latest horse served up by Uk Oil & Gas (UKOG) which is a stand out slam dunk sell for reasons I explain in detail.
2326 days ago
I discuss Lucian's short on Versarien (VRS) which he discusses again today HERE. I really have no view but raise a couple of points which the bulls might take comfort from though I accept there is a valid bear case too. I look at On-Line (ONL), Lucian's new short, and try to put Blockchain madness into a historic context. I cover BCA Marketplace (BCA) and then look at the Mark Slater & Neil Woodford thesis on "cheap British stocks." I get it but suggest that there is an elephant in that room called Jeremy.
2328 days ago
Another bad day at the office for Britain's most conceited fund manager Neil "nomates" Woodford. There is yet more bad news at Vernalis (VER) now 9p having collapsed again - Nomates has been a big cheerleader after all prior disasters saying Mr Market is wrong. Whatever. Then there is the issue of IP Group ( IPO). Elsewhere I takje another look at IDOX (IDOX) where I am even more bearish and then at Tungsten (TUNG) which looks all wrong. I also comment on Dialight (DIA) , The People's Operator (TPOP), On Line (ONL), Milestone Group (MSG) and a chat with Mark Slater on a pub company which is just the wrong price.
2335 days ago
Today Joshua and I have coffee with the fit young mums then we are off to go to his first business lunch. I have a work lunch and my boy is coming too. That is the deal for folks wanting to meet up on a Wednesday to Friday. I start today's podcast with ADVFN (AFN) and On-Line (ONL) talking pure 100% unadulterated crypto bollocks. Then it is onto Advanced Oncotherapy (AVO) - good news yes but given its track record of allowing insider dealing, misleading customers and investors and, arguably, wholesale securities fraud I would not buy. I look at The People's Operator (TPOP) and question the wording of today's RNS - the shares are 71% down but this could well be toast by Christmas - look at the wording again! Finally a few words on the latest news from the boiler room and the dog Sabien (SNT)
2340 days ago
Luke Johnson was bang on the money at the weekend in his description of the current market madness. In that vein I discuss Milestone (MSG), On Line (ONL), Vela (VELA) and Tizania (TLS). This will end in tears. I take my hat off to Luke Johnson after today's results from Patisserie Valerie (CAKE) but still have two major concerns, a three if you include valuation. I look at Andalas (ADL) and its new death spiral funding and also cover Kefi (KEFI) and Falanx (FLX)
2349 days ago
Apologies for the lack of a bearcast yesterday, I was just feeling tired and hacked off with the world of work. So you can have two today. I start with a look at the markets covering Greka Drilling (GDL) and related party dog Green Dragon (GDG). Then it is onto Mothercare (MTC), BCA Marketplace (BCA), On Line (ONL) and finally in some detail Westminster Group (WSG) where I wonder if the curse of Tony Baldry is about to strike.
2351 days ago
I start with the issue of whether Blockchain bonkers-ness is so 1997 as comrade Malcolm Palle of Coinsilium (COIN) - which we own shares in - says or late 2000. I explain why it is the latter and cite today's bonkers share price move at On Line (ONL). Then it is on to MySqaur (MYSQ), Xaar (XAR) and Bagir (BGR) which is, I think, talking bollocks.
2354 days ago
In this bonus podcast prompted by recent events at African Potash (AFPO) and ADVFN (AFN) I look back on other bouts of market insanity. There was the radio boom of the 1920s and the dot com boom of 1999-2001 but is the blockchain bubble at 1999, 2000 or 2001? Among the companies also mentioned are On Line (ONL), Vela (VELA), Milestone Group (MSG) and Coinsilium (COIN), where we have a small holding. Madness, my friends, is in the air.
2371 days ago
RT may change its mind but as things stand I am about to head off to BBC Bristol to record an interview on Russian Collusion in the US Elections. I am happy to do my bit for the President (that is Trump not Putin). We all know who the real criminal is in this affair. Meanwhile I discuss On Line (ONL) but even greater madness at Intelligent Energy (IEH) where one Bulletin Board Moron is in full flow and the (worthless) shares are up by 70%. Then it is onto Tern (TERN), Servision (SEV), another few comments on Andalas (ADL), 13 Energy (I3E) and finally a detailed look at the rum and coke statement from worthless Boxhill (BOX). I hope Cynical Bear will give Boxhill an even bigger duffing up overnight.
2376 days ago
Want to know why shares in On Line (ONL) the company with no realisable assets and a small overdraft so NO CASH TO INVEST but which is run by ADVFN boss Clem Chambers - soared from c19p to 81.5p today? Natch go to the man twice recognised as the share blogger of the year by ADVFN, Brokerman Dan. The great man opined on his blog:
2376 days ago
Shares in On Line (ONL) are - as I record - up c350%. Is this peak blockchain insanity or is Clem Chambers simply the greatest spoofer in the history of mankind? What happens next is the big question. Then I look at murky share dealings in Mkango Resources (MKA) by market abuser and serial fantasist Chris Oil. Does he not care about TR1 rules at all? Then it is onto Lombard Risk Management (LRM) where I have 2 more questions about its overdraft but a very big question about how the silky words of Phil "InterX" Crawford on July 19 tally with the utterly shite H1 results. Does Nomad Finncap of Telit (TCM) infamy care? I suspect it does not. I look again at BCA Marketplace (BCA) - THE BIG SHORT - in light of recent macro data. It remains a stupendous short. I look at management greed and an impending placing to fund that at Arian Silver (AGQ) and then at the dire interims from System1 (SYS1) and profits alert from Attraqt (ATQT). It is the former which remains a stonking sell even after today's share price collapse. And I have a question or two for AIM dog Advanced Oncotherapy (AVO)
2377 days ago
Sadly it is half term so that weekly treat with Joshua is postponed for another seven days. Instead I look at Magnolia Petroleum (MAGP) as its shares hit new all time lows: boy that share consolidation worked well did it not? Then it is onto Challenger Acquisitions (CHAL) which is utterly fecked but why is boss Mark Gustafson not filling his boots with shares at 1p when he bought so ostentaiously at 20p+? Then it is onto Cloudbuy (CBUY) which needs to fess up on its cash position, or rather lack of it. En passant I cover the spoof at On Line (ONL) and also revisit my earlier piece on AIM going underground.
2377 days ago
I would not want to play poker against ADVFN (AFN) and On Line (ONL) boss Clem Chambers. The man has pulled off a blinder of a spoof this morning with On Line which has sent its shares soaring by 50%. It is all bollocks but I take my hat off to Clem anyway for pulling off such a classic spoof.
2809 days ago
No more public service calls today, I would not want you thinking that I am a nice guy: yesterday was a one off! Lucian seems to have found a new China Norfolk over on the Nifty Fifty. I look at AEC (AEC) which should not be on AIM, On-Line (ONL) and its relationship with ADFVN (AFN), Glenwick (GWIK) and Golden Saint Resources (GSR) which - after this - is simply not investable or credible in any way shape or form. And there is more to come. On the bull tack I look at Independent Oil & Gas (IOG). Yes I did say bull tack!
