Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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It's not about who or when but what I suggest
ntog and nighthawk - not the two best examples to use
2010 article ffs
where's Nighthawk now?
The Daily Telegraph understands that a string of small oil and gas explorers will follow Nighthawk Energy and Nostra Terra Oil and Gas (NTOG) in taking legal action against message board users, who they claim are trying to drive down the share price in order to profit from short-selling.
According to sources, the chief executives of a host of energy groups have met to discuss the "extremely damaging" comments about the companies and their management teams.
Nighthawk and Nostra Terra on Monday used the courts to force the two biggest bulletin boards, iii and ADVFN, to reveal the identities of the anonymous users.
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The City of London Police are investigating allegations of market abuse in relation to the matter.
The companies allege that a "hardcore" of bulletin board users have created dozens of fake 'avatars' to spread scurrilous and untrue gossip, which has now been taken down from the websites. A blog entitled "Say no to NTOG" was also recently removed from the internet.
Matt Lofgren, chief executive of NTOG, said he was personally targeted with untrue suggestions that he appeared in court on charges of drink driving – when in fact he only has a speeding ticket.
"That wasn't even one of the worst," he said. "We think there are multiple users with multiple names trying to create the image of a big group. I believe that their motivation is simply money.
"We're not going to stand for people spreading lies. I'm all for freedom of speech but some people have abused that."
David Bramhill, chief executive of Nighthawk, said the company was very likely to take pursue claims against the worst offending bulletin board users.
"This isn't about muzzling investors that want to have a go at the company, or who want to complain that they've lost money, or boast that they've made money," Mr Bramhill said.
"That's free speech and they're welcome to it. This is about calculated lies."
A spokesman for ADVFN said it is "often" forced to reveal the identities of its anonymous bloggers following court orders.
I have no problem people having different opinions but blatant manipulation of genuine PI'S and attacks on board members or companies should be dealt with in the courts to teach them a lesson
facts are welcome - bullsh..t for unfair advantage ain't :-)
even if we don't like the facts and truths it allows us to make our own choices and decide our own level of risk
It would certainly be interesting to obtain a list of any short selling that has taken place in Bids....
That would be great information.
I love the idea of understanding (as an example) that there are 2mn shares listed as sold short as that tells me that 2mn shares have to be purchased in the coming months to close said positions.
My personal view would be that very few people and very few shares have actually been sold short?
Good find robski.. if every aim company could co sign one letter to the main chat boards ????
Raised on advfn by affc21
Here's the link
https://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7935231/AIM-oil-companies-take-action-over-bulletin-board-lies.html
Trolls beware