809 days ago
Author and journalist Larry McDonald writes about global political and systemic risk and how to make money from it. He starts his bear thesis with assessing how dangerous the extreme leverage within ALL markets has become.
1095 days ago
Given that it has lied on an industrial scale to investors, regulators and consumers and managed first half sales of just £54,000, I think it will not surprise anyone terribly that I view the fair value of shares in Zoetic International (ZOE) as 0p. But I published all the evidence of the malfeasance and parlous financials and the shares still headed to well over 100p valuing this company at more than £200 million. That was two months ago. Now they are 57p to sell and falling fast. If you can short you should do so as this should be a penny stock really very soon.
2278 days ago
As we await today's NAV from, deep in the merde, Woodford Patient Capital Trust (WPCT) as well as possible confirmation that his unquoted holdings have surged through the 80% limit as well as potentially news on how close he is to breaching the bank limit of 20% gearing, it is worth reminding ourselves of o0ne reason why he is in this mess - his high risk approach to leverage.
