Member Info for lejjb

My highly speculative theory is that Burford panicked manipulators who bet on the bounce back up who are trying to exit their positions. Burford may have reacted as quickly as it did to catch them all off guard and gather even more evidence today.

Amen

Avoid making that type of joke mate. A sole trader in the UK went to prison for spoofing (it was in the news a few years ago).

Yeah, it’s coming out of the printers: the Internet doesn’t exist.

I’d never expected they’d have been so quick I’m fine combing the trades.
And they have hired real serious big boy law firms (look them up).
Very very very bad for MW and anyone else associated with them.

Yes, he just runs a clickbait website.

https://twitter.com/BloombergAsia/status/1160526982473555968?s=20

Gotham City’s report is just one little puff of hot air. As suggested by my chart of Last week, Monday and Tuesday will be beautiful steep climbs up.

And Daniel Yu of Gotham claims to have had concerns last year: I say BS to that - he wasn’t silent out of the kindness of his heart for BUR, more because there was nothing serious. He is just trying to scramble to add his name to MW’s actions.

https://www.thetimes.co.uk/article/new-predator-gotham-city-research-circles-lawsuit-funder-burford-capital-0kqzrx5mh

That was when he has a relatively lower profile. With the wider impact of his behaviour last week, and having targeted a business that’s all about litigation, I think he will struggle a lot more here.

The article linked earlier on this board is fantastic. CB appears worried that his cryptic pre-report teaser tweet affected other (larger) companies’ SP.
He wouldn’t try to feign surprise if he didn’t feel the pressure.
I don’t think those large companies will be ready to let similar things happen to them again and it would make sense that they provide support to #BUR in its planned litigation to neutralise MW and CB forever.
That’s still speculation from my part but still darn exciting stuff!

Probably not, because Brexit will not so much lead to a change of laws (which normally causes disputes about how the new laws should be interpreted) but rather to the complete disappearance of a those laws, as well as a lot of the legal, business and logistical infrastructure. So the likely options for a business that would normally be a client of Burford, to exaggerate a bit, would be to get out (of involvement in the UK) altogether (many key jobs and organisations have been moved to the continent already) or build massive figurative walls to isolate oneself from the likely chaos to come (eg stockpiling).

It’s a very extreme representation, but it’s to help clarify how Brexit is causing issues of a different nature which will probably not lead to increases litigation in UK courts.

Actually, it would be great if it comes out: it would give the chance for Burford to expose Daniel Yu, the man behind it, and maybe Tom winnifrith in the process.
That whole affair could lead to a clean up of market manipulators!

And sells, we will see if such a report comes out.

I suspect that report rehashes what MW wrote, and will not really affect the SP on Monday.

Actually, you are indeed right Thunder2040.

The subsequent executed transactions do not affect the official closing price.

Wait about an hour, orders for those with special status are being processed, but at massive premiums. Once they are all through, you'll see what the official closing price is.

nextriser - please cool down.

After running out of shares, market makers artificially decrease the bid to spook PIs into selling, or trigger stop losses. That allows them to replenish their stock of shares for all the buyers waiting to get in. A "tree shake".

What's beautiful today is how it retraces slightly after each burst, i.e. two steps forward one step back, in a way that makes it less likely to come crashing down.
But that whole process takes place very quickly so that we can still expect the SP to resume its earlier level (possibly 1500s) very soon.

This month is my belief, not near Xmas.

I've never witnessed a situation like this before: with sympathies to all holders who sold this week, in a way, thanks to MW, we can all make very easy money. Unbelievable.