55 days ago
I have long warned that the business model of Trustpilot (TRST) is just not sustainable and that this will all end in share price tears. Quite simply its reviews are too often bent but as it bats for paying corporate customers the mugs who read the site can get screwed and, in the end, will stop using it. It seems I am not howling in the wind alone. A new bear dossier is out thus morning. Enjoy...
621 days ago
As you know Lucian Miers is short and I have been a bear for almost five years, even getting the FRC to rap the knuckles of Diversified Energy (DEC) for dodgy accounting. The latest bear dossier to come out is a good read and reinforces my view that this will end in tears for the bulls and is a zero. Enjoy.
621 days ago
I start with a big day for Joshua. I guess if he does get into expensive King’s Chester any thoughts of imminent retirement are off the table. Then it is Peter Brailey and Serinus (SENX), Diversified Energy (DEC), Vast Resources (VAST) and NightCap (NGHT) where, in both cases, AIM Regulation must act, Argo Blockchain (ARB), still a short at 14p, and Supply&ME Capital (SYME) and doing the granular maths on when, not if it is a zero
630 days ago
Yesterday I was happy to publish a new bear dossier on Diversified Energy (DEC) from SnowCap HERE. Today Diversified has responded with a piss poor RNS. Looking on that I reflect on my exposes into its crooked accounting back in 2019.
814 days ago
It has been the wonder stock of the year but is there a bear case for Nvidia (US:NVDA) as its market cap is now $1.2 trillion. Yes there sure is. Enjoy.
1050 days ago
At 4.15 PM yesterday shares in Atlantic Lithium (ALL) were suspended, having crashed thanks to the bear dossier which I publish in full below. The reason – a pending statement. That statement is now out and trading in the shares resumes. Atlantic says it “refutes” the dossier which means that it denies it. But how convincing is the denial?
1050 days ago
I start with a rant about the fecking GPs and the bloody teachers as approx. 0.0 inches of snow accumulates and my father in law has to go to hospital again. I am so bloody angry about both. Then it is onto the collapse in the share price of Atlantic Lithium (ALL) – about which I explicitly warned you all just under four months ago HERE – after a bear dossier was published: see below. Then I look at Red Rock Resources (RRR), some of the #IWD jokes including one from Jeremy Corbyn and one from Guild Esports (GILD). Finally it is ouzo o’clock as musicMagpie (MMAG) serves up dire results and warns of tough times ahead. Footnote: at 4.15 PM Atlantic shares were suspended “pending an announcement”
1087 days ago
Myself, Matt Earl, Steve Moore and Chris Bailey have all been bearish on the bastard child of the Autonomy fraud, that is to say Darktrace (DARK). Now our hero Gabriel Grego joins the party with a damning 70 page dossier. At 200p it remains a £1.44 billion short. Enjoy…
1093 days ago
This bear dossier on ICG-Longbow Senior Secured UK Property Debt Investments Limited (LBOW) a Guernsey domiciled, closed-ended, premium listed investment company on the London Stock Exchange has been passed to me for publication, I have edited it and I take full responsibility. This article goes out in my name. In many ways it looks a but like Home REIT (HOME)
1256 days ago
A couple of weeks ago I pondered how Victoria (VCP) would or should respond to a quite devastating bear dossier from Iceberg Research. In a way it has played the attack cleverly but actually its response makes the stock even more of a sell.
1260 days ago
Short selling outfit Iceberg recently published a bear dossier on carpets roll-up play Victoria (VCP), which I reposted on this website HERE. Writing to you from Greece, I am not aware if the deadwood press is taking this matter onwards as what Iceberg wrote was very punchy indeed and I am sure that Victoria’s PR spinners will be using phrases involving the dreaded L word (lawyer) to any of the spineless 4th Estate hacks who ask questions.
1329 days ago
The dossier below from bear raiders Hindenburg is the stuff of movies. You could not make it up. It strikes me that Nasdaq listed Enochian (ENOB) is a zero as the man behind it, Serhat Gumrukcu, is a lifelong criminal now facing a possible death sentence in the US as he is charged with having a whistleblowing former associate murdered. There is a UK angle which I discuss in bearcast later, the unclear links between the CEO of Genflow Biosciences (GENF), Endochian, Dandrit Inc and Serhat. Enjoy.
1630 days ago
This 17 page dossier from Boatman Capital of Babcock (BAB) fame is just out this very second and is dynamite. I have repeatedly warned folks that Argo Blockchain (ARB) failed the smell test on a number of counts and that its valuation was insane but even I did not dream that things could be this bad. What is not alleged, but proved, in this dossier is dynamite and the shares should be suspended at once with heads forced to roll over what we now know. Of coursemillenial ESG freak fund managers are still drooling over the company appointing 3 women to the board the other day. To them that is far more important than a Texas land deal that stinks to high heaven and a legal dispute which suggests the company has not a shred of corporate integrity. The FCA may well consider a share suspension, ahead of that the shares are a nil brainer slam dunk sell/short This is superb research. Enjoy!
1812 days ago
BREAKING: Manolete CEO dumps shares at multi year low but the paltry FD buying is a bigger giveaway
1826 days ago
On 10 July 2020, I published a devastating and detailed bear dossier on AIM darling Manolete (MANO) with the shares at 515p valuing it at more than £250 million. The company and its odious PR firm Instinctif responded with a pompous and unconvincing denial. I’ve warned you repeatedly since then and yesterday in the late afternoon came a shocking warning. The shares closed at 200p but as lies are exposed, worse, including a bailout placing, will come. So let’s start with the lies.
1835 days ago
Let us be clear, Babcock (BAB) is not a fraud but it is a bad company. For several years now it has been poorly run. It has too much debt. It does not generate much cash, indeed it seems to be burning it. And on many of its contracts the margins are so wafer thin that there really seems little point in deploying capital to win them. Who says so?
1890 days ago
This is an impressive bear dossier, far too good for me to have compiled on AIM high flier Anexo (ANX). If the report is accurate – and it reads very well to me – then the shares should more than halve. Enjoy….
