4014 days ago
Right now resources stocks listed on the Cesspit AIM market have a sort of Freddie Starr status. The old boy has not been charged and folks give him the benefit of the doubt but it is not exactly like he is getting a rush of bookings. And so profitable stocks trade at a premium to cash and those that are not profitable discount severe dilution but not bankruptcy. But that could change.
There is a story doing the rounds about a resource darling which I cannot verify although the source seems to be kosher. As such I shall not name the company in question. Over at IG Index almost all of those betting on it are long. They have been long and wrong for a while but while the shares have slid noticeable they have not collapsed. On the Bulletin Boards sentiment is still gushingly positive despite the slide.
4190 days ago
And so in today’s chapter of paedogeddon Home Secretary Theresa May and PM David Cameron claimed to be disgusted by the allegations made against a senior Tory of the Thatcher years ( who everyone now knows the name of but we cannot say) and a new enquiry into events in North Wales children’s homes has been ordered. Over at the BBC an enquiry is underway into allegations made against arch nonce Jimmy Savile and 29 others, some of them celebrities. The Old Bill has very publicly dragged Gary Glitter and Freddie Starr in for questioning and claims that other celeb arrests are imminent. Suddenly the establishment is desperate to be seen to be outraged, shocked and doing something.
It just does not wash. This is faux surprise, faux outrage and bandwagon mounting par excellence but I sense that no-one really believes any of it any more.
