828 days ago
I do not think Miles is finished with Victoria (VCP) yet where I agree with him that this could well be a zero. Meanwhile he has a new target where I am also a long time bear,
914 days ago
Lucian Miers’ (the bear raider) top three UK short positions are:
919 days ago
Bitcoin has rallied overnight, and is back above $30,000; that will, no doubt, convince more millennials that BOTFD is the way to make money in a Ponzi. But will the rally continue? If not, this poses – as I flagged up yesterday, here – massive questions for Argo Blockchain (ARB). Bear raider, Boatman, which exposed a host of red flags at Argo, took to Twitter to raise additional issues, and we followed up with an e-chat.
1111 days ago
Argo Blockchain (ARB) today ‘fessed that it had briefed someone who appears to be an unemployed fund manager, Anthony Coyle, with price sensitive information some of which he misunderstood and then tweeted it all out. Argo has this morning addressed some of the errors on the, since deleted, tweets but not some that are accurate and even more damning. What on earth is a supposedly grown up company playing at? And now, we can reveal exclusively, that bear raider Boatman Capital has piled in.
1122 days ago
Since, a few weeks ago, Matt Earl launched his first bear dossier on Civitas Social Housing (CSH) its shares have fallen by 25% to 91p. The company did issue a response to the first dossier published by the bear raider known as “the Dark Destroyer”.
1261 days ago
Last time bear raider Boatman set sail its target was Babcock (BAB). The company responded by hiring spooks at Kroll and getting poodle yellow journalists at the Sunday Times to target Boatman. It failed. The CEO, FD and Chairman of Babcock have had to walk the plank and the shares have crashed. So the next target…
1298 days ago
John operates largely in Australia and writes about why fraud flourishes in Oz although he misses out the obvious point that half of the population there have criminal genes. But what the man behind Bronte Capital says about life down under must surely ring more than a few bells back in the UK. He opines:
1457 days ago
The short answer according to Matt Earl, the bear raider known as the Dark Destroyer, is No!
1538 days ago
And now from Wales, by just 30 yards, it is my new, I hope, weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with bear raider Lucian Miers on the markets, the real economy, his longs and shorts and gold and with Harry Adams of Kefi (KEFI) ahead of the most exciting six weeks of his career. Listen carefully to what Harry says, having just bought more Kefi a couple of weeks ago I am delighted with certain matters he raises. Finally, I look at Dev Clever (DEV) and why it should face a full stewards!. You can access the show HERE
1694 days ago
I swear i am not joking. I discuss my life with Evil (no, Mt BBM we are not gay lovers, stop sniggering at the back) and his remarkable macro view. I also reveal I have a treat for you all, keep May 8 in your diaries! In terms of stocks I look at the scandalous flouting of almost every rule by AIM Casino posterboy Conroy Gold & Natural Resources (CGNR) and the wider issue that the Oxymorons at AIM Regulation will do SFA about. I look at Burford (BUR) and more vindication for my pal Carson Block of Muddy Waters, at Carnival (CCL) – sorry Three Brains - and at Coro Energy (CORO) where the curse of James “Dracula” Parsons strikes again.
1732 days ago
There will be some who say that shorting a stock because it is exposed to the fallout from Coronavirus and what may well soon be a global pandemic is Tasteless. They probably have no such complaints about going long of a company with a test for the product. I am sure we all pray that this human tragedy ends soon. But the reality is that right now it is growing and, notwithstanding today’s sell-off, many of us reckon the market in certain stocks fails massively to discount the downside risks.
1733 days ago
On a daily basis, shareholders in Versarien (VRS) continue to make the most defamatory of allegations against myself and other critics. ADVFN (AFN) occasionally removes a post but seems reluctant to ban these halfwits defaming in defence of a fraud, so they just reoffend.
1847 days ago
As at June 30 2019 Petra (PDL) had net debt of of $541 million. The shares, 45p a year ago are now 8.735p valuing the company at just £75.6 million. The question is: will Petra go bust?
1853 days ago
Bear raider StockViews has published a damning dossier on Learning Technologies (LTG) arguing that the shares, now 104p, are in fact worth just 40p. The note is titled “A lesson is misdirection” and makes compelling reading. It states:
1927 days ago
I start with the threat of a UK recession, piffle tweeted by the lunatic David Lammy MP, the link to Brexit (minimal) and the stockmarket implications. Then onto Burford (BUR) where events move apace but the company seems to think bear raider Carson Block of Muddy Waters is in legal hot water. Instinctively I side with Block, however if today’s Mail is correct and he has closed much of his short while still issuing bearish tweets then is he any better than Chris Oil on Sefton or shamed broker SP Angel on Blue Jay (JAY). On that basis….
1933 days ago
Legendary bear raider Carson Block, aka Muddy Waters Research, is set to publish a bombshell dossier tomorrow at 8 AM GMT. Given the tweet below there is fevered speculation that it is a London listed company and speculation is centring on Neil Woodford dog Burford (BUR) shares in which are off by 15% as I write. Two things to note:
1936 days ago
In this third edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss the political threats to the UK stockmarket, interview the UK’s best known chartist Zak Mir and then discuss all things Versarien (VRS), the most overpromoted stock on AIM, with bear raider Lucian Miers. Enjoy. If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.
1943 days ago
Once again, please excuse my croaky voice. In this second edition of the ShareProphets Radio podcast sponsored by Riverfort Global Capital, this week, in order I discuss the cowardice of a well known AIM CEO, interview bear raider Lucian Miers on a wide range of subjects including Tesla, Neil Woodford and WPCT, IQE, Purplebricks, UK Oil & Gas, Thomas Cook and cannabis, I then interview value blue chip investor Chris Bailey on, inter alia, Tesla, EasyJet, Imperial Brands, Woodford, Burberry, Dignity, and St James Place. Enjoy. If you like this and can’t wait seven days for more of the same you should listen to my Bearcast every day.
2347 days ago
Though he is an on-off smoker and a man not averse to a bottle or three of wine at lunchtime, my friend the bear raider Lucian Miers, the Bard of the Boleyn, is becoming a bit of a health freak these days. “I can’t file Friday as I am on a three day walk across the downs”. That is his catchphrase these days. And to think that it used to be “get another bottle in, I’m just nipping outside for a fag.”
2388 days ago
This is covered in bearcast but I can't disagree with a word that the great bear raider and professional Northern git Waseem Shakoor says about Frontera (FRR) ina BB post today. For a wider audience, Waseem opines:
2478 days ago
Legendary US bear raiding outfit Muddy Waters has announced that it is short of IQE (IQE). It dismisses Matt Earl's Shadowfall dossier of last week as only partially getting there and has published its own devastating report slating IQE as an "egregious accounting manipulator". Don't mess with Muddy Waters, anyone out there still owning this stock should sell NOW!. Muddy notes:
2483 days ago
Matt Earl, the bear raider known as the Dark Destroyer is riding high after a string of recent big wins including Mitie (MTO). His next target is IQE (IQE) currently valued at c£890 million. Launching his new hedge fund Shadowfall Matt has produced a damning 36 page dossier which we reproduce in full below.
2596 days ago
My good pal the bear raider Waseeem Shakoor posted a few thoughts on UK Oil & Gas (UKOG) this morning over at ADVFN. He, like Lucian Miers, is now well in profit but staying short at 4.6p. I explained in bearcast why he is right to do so. Here is Waseem...
2737 days ago
The great bear raider Wassem Shakoor has termed Frontera (FRR) as one of the three most overvalued bits of crap on AIM. Another is MySquar (MYSQ) where Lucian Miers has just published a devestating expose HERE. Back to Frontera where Waseem has stuck it to the Bulletin Board Morons today. He writes:
2817 days ago
Good try Waseem. The great Bear raider and professional Northern git nominated himself as the Bulletin Board Moron of the week for expressing sympathy with Cloudtag Morons who had lost money on the fraud. In normal circumstances I would give Waseem the prize. But his was one of 50 entries last week. As you can see HERE many of them were splendid as the Cloudtag (CTAG) loons went into meltdown. The winner arrives late in the day and displays such a string determination to ignore all the known facts, that I almost admire this moron.
2839 days ago
I was not the only person to go to the Spring Fair last week to check out the Onitor, the "product" of AIM fraud Cloudtag (CTAG). The great bear raider Waseem Shakoor sent along someone too. Waseem reports back:
2844 days ago
Bear raider Waseem Shakoor has let rip again on the fraud Cloudtag (CTAG). The great Waseem, currently recovering from a sporting injury common among middle aged athletes, has served up a real reality check to the morons on how quickly, if ever, Onitors appear in British stores. This is a strong follow up to yesterday's coke penis photo report from the Spring Fair. What is fascinating is how the LSE Asylum is applying selective censorship of Waseem who says that he has received a message from LSE asking me to refrain from saying "I've spoken to a Cloudtag source" as it couldn't be verified. Since when did everything you write on a bulletin board have to be verified asks the Bear. Indeed. Waseem's two posts, which will no dount be removed altogether soon, read:
2859 days ago
Shares in the AIM listed fraud Cloudtag (CTAG) have dribbled lower to 6.5p to sell today but what is noticeable is the volume, or rather lack of it. In the face of a complete lack of orders from CES as well as minimal evidence that Cloudtag even has a sales ready product, buying interest seems to have tried up. Even the Bulletin Board threads are going quiet as the company appears to have stopped issuing lies about orders, potential orders and shipments of product. So what happens next?
2872 days ago
He is at it again, flip flop Ben Turney has another company in his sights and this time it is rather larger than before. It is Bowleven (BLVN). And in his attenpts to push for management change, we can reveal that Turney has the support of bear raider Waseem Shakoor who is not part of Turney's group but has a material stake.
2895 days ago
In this podcast I look at Daniel Stewart (DAN) where Waseem Shakoor closed his short today. I look at the lunacy there, the lunacy at Cloudtag (CTAG) and show how it is the same folks, the sort of folks who are also preyed on by conman Darren Winters. On that note please read THIS ARTICLE TODAY - and tweet it out and link to it on Facebook and on any website you can. I look at Strat Aero (AERO), Ferrum Crescent (FCR), Avanti Communications (AVN) and then at another stock cursed by the frothing endorsement of the Clown, MySquar (MYSQ) which is a right old dog and its well spun RNS today can't hide that.
2895 days ago
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:
2910 days ago
I sense that Waseem and I will not be getting that many Christmas cards this year from the morons who still hold shares in Cloudtag (CTAG) but we did warn you time and time again. Waseem has now issued another stark warning: If you think the share price meltdown is going to reverse, think again. It is about to accelerate! The great man writes:
2913 days ago
The great bear raider is a charitable soul and is doing his very best to explain to Cloudtag (CTAG) owning morons how death spirals work for frauds like the one they are invested in. What a nice guy Shakoor is, spending his valuable time educating the (soon to be) poor and stupid. Give the man a bloody knighthood for services to the intellectually challenged. Saint Waseem explains thus.
2915 days ago
Bear raider Waseem Shakoor had called Cloudtag (CTAG) pretty well so far and he is also bang on the money on the matter of free speech. He has just posted this on the ADVFN asylum and he is 100% correct. Or is he? My target is 0p as this is a fraud. Shakoor is just too generous with his 0.1p target. He writes:
2920 days ago
Following yesterday's grim results from Mitie (MTO), the bear raider Matt Earl says that he went short at 210p last week and added to that short at 189p expecting the shares to halve or worse from here.
The "Dark Destroyer" comments:
2930 days ago
Cloudtag (CTAG) has today confirmed that net proceeds of £1.44 million on its recent financing have been confirmed as arriving and as such has revealed the financier to whom loan notes are being issued: L1 Capital Global Opportunities Master Fund. Bear raider Waseem Shakoor now points out why this is such terrible news. Waseem writes:
2930 days ago
Bear raider Waseem Shakoor has openly accused Cloudtag (CTAG) CEO Ben Haim of misleading investors in a podcast recorded with the ever gullible Justin the Clown. Waseem writes:
2999 days ago
How do you lose money dealing on the "inside track" Ask bear raider Evil Knievil who has taken a monumental bath on Pantheon Resources (PANR) a company we again warn you about in bearcast today HERE.
3145 days ago
Solgold (SOLG) has served up another RNS today which may excite the Bulletin Board Morons but that is perhaps an encouragement to bear raider Lucian Miers who is now short of the stock, selling at c4p.
3223 days ago
Pantheon Resources (PANR) shares have plunged from 140p to just 90p since my pal the bear raider Evil Knievil bought 400,000 of them a couple of months ago - win some, lose some old boy! This is a mug punter fave but if I were a shareholder the question I would be asking is just how much cash is left in the kitty and when is the placing?
3257 days ago
And now the heavyweights..well Evil Knievil anyway. This was the penultimate presentation of the day from Gold & Bears, myself and Evil Knievil. Enjoy
3348 days ago
Our very own Janos Hipsley flagged Allied Minds (ALM) as a stonking sell at 660p back in May - HERE. The shares are now 451p down 12.7% on the day as US bear raiders Kerrisdale went on the war path. It has released a pretty damming report.
3394 days ago
Bear raider Evil Knievil yesterday announced that he had bought shares in Quindell (QPP) and claimed that the stock was worth 150-180p – his valuation is not that much different from that of the fraudster Rob Terry who has a 172p target. Both are talking complete and utter bollocks.
3434 days ago
Bear raider: Lucian Miers has written to AIM Regulation about China fraud Gate Ventures (GATE) and has cc'd in ZAI Corpoate Finance which is widely believed to be the only Nomad prepared to consider acting for these shysters now that Roland "Fatty" Cornish has quit in disgust. Lucian's letter does not pull its punches and is below.
3439 days ago
Infamous bear raider Evil Knievil is long an oil stock. That stock being Madagascar Oil (MOIL). Knievil says that wider family interests now own around two million shares and he is thinking of adding to that holding.
3477 days ago
Mitie (MTO) is now the biggest short position of The UK's second best known bear raider (after Lucian Miers, natch) Evil Knievil and the fat man says that he is expecting a big win on Monday.
3511 days ago
The bear raider Evil Knievil is of the opinion that The Tories should announce that jockey Tony McCoy be made a life peer before The Grand National for reasons that I do not quite understand. I assume that this is election pandering to the Upper Classes in the way that Nick Clegg tries to win the chav vote by taking a selfie with Joey Essex. But Knievil is not backing McCoy to win the National.
3542 days ago
Infamous bear raider Evil Knievil has open a small “dipping a fat toe in the water” short position in AIM Casino listed Mar City (MAR) following the recent shocking profits warning and details of related party deals, as explained by Steve Moore HERE.
The bear raider
3569 days ago
The infamous bear raider Evil Knievil says that he has now closed out his short positions in both Quindell (QPP) and Avanti Communications (AVN). He tells me “I may have made a mistake” but he has a neutral position. Both stocks, however, remain on his watch list and he says he may re-enter the fray and it will not be on the long tack. Both he insists are hugely overvalued but calling short term moves is hard.
3584 days ago
The two leading bear raiders in London, Lucian Miers and Evil Knievil do not always agree but right now both have Quindell (QPP) and Avanti Communications (AVN) as their largest two shorts.
3598 days ago
I can reveal that infamous bear raider Lucian Miers has gone short of Monitise (MONI) even though its shares are now languishing at multi year lows of 21p.
3599 days ago
Infamous bear raider Lucian Miers is of the view that the oil price is not going to spike higher in a hurry and that this is going to cause real pain across the sector. He has made money shorting Afren (AFR) where the debt looks company consuming at current oil prices but perhaps the bid will save it so Miers has closed that position. However...
3600 days ago
The suspension of trading in shares in China fraud Naibu (NBU) will make bear raider Lucian Miers a stack of cash as he was a long time short. So who is next?
3611 days ago
As we head into 2015, infamous bear raider Evil Knievil and I had a brief chat this morning about his top shorting ideas for 2015.
3629 days ago
I can reveal exclusively that bear raider Evil Knievil has traded X-factor badly wrong taking dreadful advice from top share blogger Paul Scott.
3671 days ago
As the stench of death gets ever more ghastly at Quenron (QPP) it seems that every new day this corpse in waiting attracts the attention of a new celebrity bear raider. A couple of weeks ago Muddy Waters chipped in. Today it is the legendary John Hempton of Bronte Capital who has been tweeting words of “encouragement” to the morons. That is before he warns that the shares are going to 0p.
He starts with:
3714 days ago
The father of legendary bear raider Evil Knievil is not only the greatest living classical scholar but in his youth played rugby for Scotland (his mother being Scottish). Somewhere the athletic gene passed his 25 stone son by. George Cawkwell (the father) is, like his son, a NO supporter but feels incensed that as an Oxford resident he cannot vote in the referendum.
3754 days ago
During my career I have had countless letters from companies threatening to sue me for libel. Bear raider Evil Knievil has had a good few too. I am not sure how Evil is doing but I have not yet lost a case. And have only once or twice caved by taking an article down. The behaviour of companies that resort to legal action is telling. And incidentaly those that have threatened me have nearly all, already, gone tits up.
Good companies do not attract hostile comment from folks like myself, Evil, Gotham City and other bears. We only make specific allegations of wrong doing when we can a) prove them and b) when they are material from an investment point of view. If per chance we get it wrong a good company has nothing to fear. It simply points out factual errors and we will always correct any mistakes made – well I will anyway. And a good company can afford to do – as Rob Terry of Quindell – says he is doing just sit there and “let the results do the talking.” The share price will follow suit and bears will be burned.
Bad companies respond by going to their lawyers.
3757 days ago
Infamous bear raider Evil Knievil believes that equity markets will have a poor next few months but his short portfolio is based on company specifics. In a conversation just now we discussed his biggest three short positions. And they are:
3763 days ago
It seems as if the infamous bear raider is going soft in his old age as he has urged me to stop using a phrase I first coined “Bulletin Board Moron.” I am afraid that I am as likely to take advice from Evil Knievil on how I write my articles as I am on his handy tips for weight loss.
Evil suggests:
It is true that anonymity on bulletin boards causes dreadfully silly stances to be taken or suggested and attended by a host of muddled thoughts and where I hesitate to offer any immediate solution. But they are just people doing what people do in their usual muddled way.
So I question the wisdom of constantly abusing them and showing contempt.
I think Evil misunderstands me.
3769 days ago
Famed bear raider Evil Knievil has been greedily buying more shares in AIM listed Victoria Oil & Gas (VOG) in recent days. Greed and Evil are two words that are often found together. To understand why Evil is buying have a look at this video of CEO Kevin Foo presenting at the UK Investor show a couple of months ago.
3798 days ago
You may not like short sellers but the bear raider panel at the UK Investor Show 2014 called things right on a range of stocks from blinkx (BLNX), to Globo (GBO), to Quindell (QPP) as you can see in the video below. Evil Knievil, Lucian Miers and Matt Earl (The Dark Destroyer) have all promised to return for another main stage masterclass at UK Investor Show 2015 on April 18.
The 2015 show will also feature Nigel Wray, Paul Scott, Ed Croft, Mark Slater, Ben Edelman, Amanda Van Dyke, Dominic Frisby, and Vin Murria – in fact 50 big name speakers. Tickets are now on sale at £60 (Golden Ticket) and £12 (Investor ticket).
The 2014 video is below…
3798 days ago
We can reveal exclusively that infamous bear raider Evil Knievil has opened a material short in Plus500 Ltd (PLUS), the AIM listed financial services company.
3807 days ago
Bear raider Evil Knievil says that his mind is too occupied with real investing to bother with shares today. He is, as a member of the working classes, sweating away with his nose pressed to the grindstone figuring out the form for the Ascot Meeting. Oh how the poor man toils.
3825 days ago
Legendary bear raider Evil Knievil reckons that for an outlay (or has he describes it "an investment") of £15,000 he is set to trouser a £200,000 on the Epsom Derby at 4PM on June 7th.
3826 days ago
There is little doubt that the two most bombastic men in the City are Avanti Communications (AVN) CEO David Williams and bear raider Evil Knievil. The battle continues as we can reveal exclusively.
3834 days ago
I can reveal that legendary bear raider Evil Knievil has reinvested a material portion of his horse racing winnings on the week (£135,000 to date) in shares in AIM listed Oxus Gold (OXS) at 2.2p.
3835 days ago
On Wednesday infamous bear raider Lucian Miers and Tom Winnifrith recorded a series of four videos. The first covers the markets. The second and third cover “old favourites” for the bears: Globo, blinkx, Avanti Communications, Gulf Keystone, Naibu and Iofina. The fourth covers some new Lucian shorts.
The three videos subsequent to this will appear on the Nifty Fifty website later today.
3887 days ago
Bear raider Evil Knievil lost £40,000 shorting Quindell Portfolio (QPP) last time around but he has opened up a material short position after results yesterday, but has been prevented from letting folks know about it. I am always here to help…I am that sort of all-round nice guy.
At 35p Quindell is now capitalised at £2.1 billion. Results for calendar 2013 were released yesterday and are not designed for easy reading. There is so much verbiage, restatement of prior year numbers, PR flim flam and general information given that it is terribly hard to get a clear picture of what is going on.
The bulls would point to a 133% increase in sales (to £380 million) and how adjusted pre-tax profits soared by 133% to £133.7 million giving adjusted earnings of 2.54p an increase of 75%. A PE of 14 for such growth surely this is a bargain. Well er…up to a point.
Profit is a matter of opinion, cash is a matter of fact. And the cash generated at an operational level was truly pitiful
3890 days ago
Bear raider Lucian Miers has a small short position taken recently in Gulf Keystone (GKP)but says that he will increase that short markedly if Gulf shares stay below 100p for two more trading days. And he has issued a stark warning about the Bond issue underway.
The stock closed Friday at 98.75p – its lowest since September 2011 and Miers has studied the charts and reckons that failure to get through what was previous support at 100p would be the precursor to a sharp fall to 70p or below.
Miers reckons
4322 days ago
When the markets are plunging you tend to read quite a bit about Evil Knievil in the press. Every graduate trainee journalist wants to know what the UK’s best known short seller has to say. When markets are rising as they are now, he tends to fade from view somewhat. Of course you can get the greatest shorting opportunities when folks lose sense of reality in a bull market. But you can also do your conkers as folks can stay mad and shares can defy gravity for quite a while. So if you have not heard from the Great Bear for a while, fear not he will be back.
Evil Knievil acquired that moniker during his shorting of Maxwell Communications. The great socialist newspaper proprietor tried to silence his critics with lawyers letters (something all liars attempt) and so when sending out faxes to explain to dumb City analysts why the sums did not add up Cawkwell signed off as Evil Knievel. The publisher of his first book did not wish to get into trouble with the motorbike rider so made that Knievil. It stuck. Call up Simon Cawkwell and you just ask for Evil.
Like myself Cawkwell’s father was an academic. A distinguished one to boot. George Cawkwell was also an international sportsman (Scotland, rugby). His 23 stone son is no sportsman and no academic – he failed to get into Cambridge. That is not to say that he is not clever, just that he was never suited to the world of academia. Cawkwell trained as an accountant instead.
Although he still practices, for many years he has made a living from the markets. His ruin (other than eating and drinking far too much) is that he is a self-confessed gambler
4339 days ago
Lucian Miers often finds himself overshadowed by the larger than life figure that is Evil Knievil (Simon Cawkwell). The two men sometimes share ideas and bear raids but on other occasions they disagree. They are very much their “own men.” I sense that perhaps because of his casual and light hearted approach to life, folks underestimate Lucian. That is a mistake.
Known as East London’s most feared short seller, Lucian is about as much of a cockney as myself or Prince Charles. His family used to own rather large amounts of real estate in the area around Upton Park and hence “the Bard of the Boleyn” is a devoted West Ham supporter. But he is (like Cawkwell) quite a posh public school educated fellow. And like Cawkwell he did not quite make it passed the final interview when it came to applying to Oxford. That is not to say that Lucian is not very clever, just that he is perhaps not a true academic.
The highlight of Miers career as a stockbroker was his short selling of Pan Andean Resources as the world and his wife bought the stock on the back of hopes (and puff pieces in the Daily Mail) for South American drilling success, Miers took the trouble to call the site of the well on the phone to be told that it was dry and that the directors were at that stage flying back to Ireland.
