1893 days ago
I start by issuing a correction. That is what journalists do and thirsty share bloggers don't when they goof. That refers to Footasylum (FOOT) though my generic point still stands. I also cover Telit (TCM), UK Oil & Gas (UKOG), Dev Clever (DEV), Plus500 (PLUS) and Patagonia Gold (PGD) and other loss making companies that, for some reason, have net debt.
1893 days ago
I am now back from my weekend in the Grim North where the Mother-in-law had some harsh words for me which have wounded me greatly. I look at Plus500 (PLUS), our coverage and where next and then at the demise of FlyBMI and what that says about Brexit, airline stocks, corks on waves and if the same applies to retail.
1897 days ago
In this podcast I discuss Plus500 (PLUS) again and also share buy backs in general and specifically. I also look at Motif Bio (MTFB) and the general issue of who should sit on a smaller company board. This podcast comes to you from my mother-in-law's in the Grim North.
1897 days ago
I report to you from the Grim North, a phrase Joshua has learned, much to the annoyance of the Mrs who is, herself, from the great post industrial welfare safari. In this podcast I cover Argo Blockchain (ARB), Optibiotiox (OPTI), Plus 500 (PLUS) and Angus Energy (ANGS).
2699 days ago
I am just so tired after day 4 of the olive harvest. You can see today's report - into the lair of the snake - HERE. In this podcast I cover: Cloudtag (CTAG), Strat Aero (AERO), Andalas (ADL), the CFD firms and the FCA, notably Plus 500 (PLUS), African Potash (FRAUD), Corero (CNS), Inspirit (INSP) and Fishing Republic (FISH).
2699 days ago
I do not use CFD's. They seem like a mugs game and indeed research by the FCA shows that 82% of clients of the big providers lose money. But then most folks lose on the horses or on betting on football so why target CFDs? It is all driven by MiFD2. We saw this take shape in Cyprus last week although Plus500 denied that it would be affected in a pathetic rebuttal to my scoop. That rebuttal was bollocks and Plus shares are among the big fallers today as the FCA has weighed in with a series of measures.
2953 days ago
Yesterday I ran an email from PR Genius Reg Hoare who acts for Plus500 (PLUS) which tries to set the record straight after Lucian Miers' article the previous day. At the end of his email Mr Hoare states "I wouldn't for one moment presume to tell you how to run your Share Prophets web-site, but" he then tells me how to run my business. Ok Reg, I wouldnt presume to tell you how to run your fecking PR business but...
2955 days ago
An article in the Times of Israel on binary betting and the industry centred on Tel Aviv has been drawn to my attention. Ouch.
2956 days ago
I shall deal with willie obsessed holiday ruining Easyjet (EZJ) later. And also with Fastjet (FJET) but suffice to say its shares are a sell. A reminder SPUKI - book your seats today to hear me expose the fat share ramper Lenigas in full plus much more at UK Investor on April 30. Thanks to Intelligent Energy (IEH) for clarifying what net cash means ( please note D&D) I cover its woes today plus also Plus500 (PLUS), RedX Pharma (REDX), Next (NXT) and Sareum (SAR)
3055 days ago
This was one of the sparkiest sessions at Gold & Bears and I loved it. Each of myself, the bard of the Boleyn (Lucian Miers), the Dark Destroyer (Matt Earl) and Baby Bear (Graham Neary) selelected two stocks we thought were going to zero and explained why. They were: Fastjet (FJET), AO World (AO), Gulf Keystone (GKP), Slater & Gordon (SGH), Avanti Communications (AVN), Plus500 (PLUS), Tungsten (TUNG) and - bugger me - I can't remember Matt's other pick. Watch the video to find out, its a stormer.
3063 days ago
Top broker Numis has ceased its coverage of Plus500 (PLUS) with an incredibly damning note for its institutional clients, which just happens to have fallen into my possession. Steve Moore and myself have been bears of this stock for a while and we remain so. Now over to Numis which writes:
3252 days ago
I have been toiling in the fields since before you lot got up and so need a break. With the internet mended at the Greek Hovel that means a bearcast covering the madness of filthylucre, Plus500, Tungsten, SeaEnergy, Northbridge Industrial, Golden Saint Resources, Optibiotix and Gable.
3257 days ago
It was drawn to our attention that we were carrying adverts on this website for Plus500 (PLUS) the AIM casino listed slow motion car crash. The ads game via Google so we earned buttons from them however...
3258 days ago
It is tempting such is the disgust I feel about the market right now but then I change my mind. In this podcast I look at what is so wrong with AIM, how to fix it and also specifically at the Plus500 and Thomas Cook connection.
3259 days ago
Today's main podcast covers Tungsten, Plus500 (sorry Paul you are wrong), Coms, Mosman Oil & Gas,Gate Ventures and Blur Group. Apparently it is also a work anniversary - 3 years away from Rivington. A pause for a moment's thought.
Postscript - Plus500 now suspended pending an announcement
3266 days ago
Yes, this time it was at the Greek Hovel less than 15 yards from the building. And I was just 3 or 4 foot away. Cripes. I really do not like snakes which brings me on to Philip Crawford on Lombard Risk and Nomad Charles Stanley which today signed off on an OUTRIGHT LIE of an RNS penned by Crawford. I have a 14 year old score to settle with the tosser Crawford and so accuse him of lying to investors today. Is that not against AIM rules? Elsewhere I look at Tungsten, Plus 500, Sefton, Coms and Rose Petroleum which are all sells. Events at Rose have moved fast since the bearcast vindicating me (see HERE)
3267 days ago
A message has just gone up on the Plus500 (PUS) website for all clients which suggests that something may be horribly wrong at the AIM listed company about which we have warned several times on this website. The shares are off 20% as I write - at 605p - but the bear community reckons the stock could still head straight off the cliff face from here. Sell.
