forward selling

6 days ago

Tom Winnifrith Bearcast: This makes no sense to me at all

I start with Prospex (PXEN), Charles Archer and Amaroq (AMRQ). Then it is Blackbird (BIRD), a detailed look at Mindflair (MFAI) where a placing today makes no sense to me at all. I really do not get it. Finally the scourge of forward selling, Predator (PRD) and a real challenge to the FCA.

6 days ago

Letter to the FCA: Insider Dealing at Predator Oil & Gas

I have written to my contact at the FCA about today’s placing by Predator Oil & Gas (PRD) which looks to me to be the most blatantly forward sold placing this year. Forward selling is insider dealer and is illegal. It is also endemic on the London Small Cap scene and the FCA needs to act. I wrote to my FCA contact:

7 days ago

Letter to the FCA: Insider Dealing at Energy Pathways

I have written to my contact at the FCA & to the Oxymorons at AIM Regulation requesting a formal investigation into what looks like a clear case of forward selling/insider dealing ahead of this week’s placing by Energy Pathways (EPP). I write to my contact:

59 days ago

Indigo Capital death spiral and BSF: chance of a TR1? Cue mentions of West Ham and Cheryl Cole

According to an RNS today, dodgy death spiral provider Indigo Capital is now the owner of 10 million new shares in Frankenstein meat company BSF Enterprise (BSFA) following the conversion of £100,283 of loan notes. That is just under 5% of the equity so a TR1 is being prepared. Bollocks there is. There is more chance of me shagging Cheryl Cole & West Ham winning both the Championship and the FA Cup this season than of that. For, as of today, I suggest, Indigo owns no shares.

90 days ago

BREAKING EXPOSE: Frankenstein Meat, Frankenstein Placings: BSF Questions, Questions, Lies, lies….And An Obvious Conclusion

We have covered the mysterious share issuances at BSF Enterprise (BSFA) extensively and we know that the FCA has been taking a look. Apart from the recent death spiral, there was the curious placing of shares to a single strategic investor on April 2nd……which resulted in no TR-1s being issues. Like London busses, none for ages and then yesterday came two. So the fog has cleared? Er….no!

142 days ago

Letter to the FCA: Two more investigations into BSF Enterprise needed

The FCA should be all over this company after the aborted Josh Barsch fake news placing and then the John Story lack of TR1 market abuse scandal, both exposed on this fine website. The FCA has confirmed to me that is looking into the Story affair. But the past two days should prompt two more enquiries. I have written to my contact at the FCA

142 days ago

BSF Enterprise – another shameless pump and dump, if this was not forward selling I am a banana: where the hell is the FCA?

Yesterday, BSF Enterprise (BSFA) the Frankenstein meat company that allows John Story and others to engage in market abuse to get placings away attempted to counter scientific journals calling out its T-Rex handbag claims as bogus with its own “white paper.” As I explained in yesterday's bearcast what it stated was thoroughly misleading – there is more DNA related to a T Rex at your local KFC than in the company’s tacky handbag.

171 days ago

Letter to FCA: Forward selling – Quantum Data Energy is your golden opportunity

I believe that the resignation of its auditor signals a bombshell lies underneath Quantum Data Energy (QDE) which will completely destroy it. But there is another matter, the forward selling of its last placing. This is a golden opportunity for the FCA to tackle this scourge of Aim and the Small Cap market. I have dropped my contact a note:

183 days ago

Powerhouse Energy Bailout placing is so wretchedly small – how are the mightly fallen: next bailout placing November?

Oh for the days when disgraced former Tory Minister Tim Yeo, Zak Mir and other charlatans ramped Powerhouse (PHE) with tales of how it could be running hundreds of waste to energy plants each chucking off half a Bernie a year in profits. Those were the good old days, it may have been a pack of lies but the shares flew and thus was a true AIM posterboy. How the mighty are fallen.

220 days ago

Physiomics: Round 1 to Doc Holliday but the board still need sacking and the FCA called in and here’s why

Yesterday I revealed why the ghastly snobs and poltroonish incompetents at Physiomics (PYC) faced a sack the board resolution led by Mike Whitlow, aka Doc Holliday.Today a first victory for the Doc but if the board thinks it is safe it must think again.

435 days ago

Oracle Power: look at the share price action ahead of today’s placing and tell me London is not bent!

Ramped at one stage or another by every scumbag promoter in town from Andrew Bell to Conman Wyndham to David Lenigas, Oracle Power (ORCP) is the sort of dog that should have been sent on a one way trip to the vets years ago. It exists from placing to placing, feeding the directors and crony capitalists and creating no value. Though I have a well known penchant for Asian Babes, I have long argued that CEO Naheed Memon is running a crock and should just wind the whole show up. Today it has raised £500,000 gross at 0. 0.014p. But…

2314 days ago

Breaking: After last week’s insider dealing and pulled placing Tomco placing again but broker Turner Pope not on the case

Shares in Tomco (TOM) have continued to race ahead even thought it is teetering on the brink of bankruptcy as those who broke insider dealing laws by forward selling last week’s placing, which had to be scrapped after it emerged the company had lied to investors, scuttled to buy back. That offers an opportunity and so I can reveal…

3309 days ago

Tom Winnifrith Bearcast - Cynical Bear and Theresa May talk from ignorance & get it wrong: Big Sofa & Capitalism

I start with a discussion on Big Sofa (BST) prompted by Cynical Bear's article today which is just wrong. CB writes HERE. Then it is onto capitalism and the useless Theresa May and then on to another reason why house prices are set to crash. Finally I discuss forward selling and whether it is wrong or illegal 

3596 days ago

Lucian Miers writes to AIM Regulation re forward selling by L1 and Cloudtag market abuse

Bear raider Lucian Miers has again challenged the Oxymorons at AIM Regulation to take swift and firm action against Cloudtag (CTAG) for market abuse but has also raised the issue of forward selling by death spiral provider L1 Capital. This is effectively running a naked short and should thus be illegal. Miers writes: