1339 days ago
The other day, the Sith Lord Zak Mir produced a slavish piece of PR puffery dressed up as journalism suggesting folks buy shares in Supply@MECapital (SYME) at c0.7p – a £250 million valuation. It was vomit inducing and, even by the standards of my semi-literate and utterly innumerate friend, it was utterly moronic.
2824 days ago
Cloudtag (CTAG) the AIM listed jam tomorrow producer staged its last placing on July 14 but will again have negative net current assets by September 1 and is thus serving up more ramptastic PR bollocks to its moronic shareholder base to ramp the stock ahead of the next confetti issue. Today's "Binding Heads of Terms Signed with US Partner" RNS puffery was a classic.
3277 days ago
Four bullish announcements since the start of March have not steadied the share price of Rose Petroleum (ROSE). The stock was at 4p less than nine months ago, well over 3 million quid was raised at 1.75p in December 2014 but desopite the PR puffery the shares are now just 0.6p to sell. But worse is to come for the company which is now valued (if not worth) 9.44 million pounds.
3481 days ago
Back in late April Quindell (QPP) shares were on the slide post Gotham and the board responded with a PR campaign of share buying. It was PR puffery. But folks fell for it. And so we have today seen a second NED in Quindell buying shares. Let me explain why this is all bollocks.
In April there were 9 different RNS statements issued by Quindell relating to director share purchases at between 19p (that is 285p in today’s money) and 23.5p (352.5p). It can hardly be said that with the shares at 136p that was a good call worth following.
