622 days ago
Lucian Miers has been banging on about Victoria (VCP) for years, but today short selling outfit Iceberg has released a damning report suggesting that the £380 million capitalised company has misled investors with fraudulent acquisitions, cannot generate cash and is drowning in a sea of unsustainable debt. It queeries the business dealings and track record of main man Geoff Wilding but publishes a picture of his $65 million superyacht. Anyone reading the report ( below) who is not short is missing out big time.
1718 days ago
In this fifth edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss the morality of short selling or writing bearish articles, I interview a saint ( well in stockmarket terms) Malcolm Stacey who though a moral man is highly opininiated and has a tip or two, then I discuss Burford (BUR) then it is part two of the Sam Antar interview in which the king of the fraudsters looks at today’s fraudsters, Elon Musk & Tesla, AliBaba, we cover Burford and useless accountants and so much more. Enjoy. If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.
2604 days ago
Heading to zero, serial liar Advanced Oncotherapy (AVO) has today called a GM to approve the issue of a blizzard of shares to obliterate its share price via death spiral. More on that later but the documentation throws up another issue other than the lies refered to earlier HERE, why will Advanced NOT come clean on short selling by death spiral provider Bracknor.
2990 days ago
During every period of market nerves there are calls by the crooks and the fools to ban short selling. But does this go far enough. Back in 2009 after the last global financial crisis (which Gordon Brown managed to solve) Benjamin Dover took this matter to its logical conclusion and explained to the SEC why the answer was to ban share selling altogether. What a genius...Ben writes:
3258 days ago
Some folks want short selling outlawed in the UK. In this podcast I explain why they are wrong. Short sellers/bear raiders do everyone a favour.
3276 days ago
Lucian Miers is now widely recognised as the most astute bear in Britain giving his enormous attention to detail and meticulous research. He puts the forensics into short selling. At the UK Investor Show as well as dominating the main stage bears session, Lucian recorded a short video interview. He can be followed on twitter @Lucianmiers and writes a weekly short letter on the Nifty Fifty website
3559 days ago
Perhaps we did not give enough options in our reader poll? We should perhaps have included “short selling is okay, unless the bears are shorting a stock I own in which case they should be sent to prison for life immediately.” Anyhow we gave you three options are here are the results:
4208 days ago
The communications policy of AIM listed satellite group Avanti Communications (AVN) is a shambles. That does not assist those of us who still believe in this company. Right now my old friend Lucian Miers, the Bard of the Boleyn, and my (struck off) accountant Simon Cawkwell (aka Evil Knievil) are short of the stock. Having first tipped the shares yonks ago at 116p I think that, at 279.5p the shares are remarkably cheap. But the bear case is worth examining. As such here goes…
