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Many thanks beanup. Do you know there break even costs pet barrel? I've seen $22 somewhere but can't remember where.
hi all, im looking for a long term hold oily. ive been in some stinkers so im looking for one with no political risk and some cash, hence im taking a look at faroe. Id appreciate if someone could fill me in on the fundamentals here and good points and potential risks. cheers mpg
today and left a message. his mobile number is posted on advfn. no reponse yet but i was going to ask him how come they dont just check the bank balance which will take all of 30 seconds and inform the market what they find.
thanks for sharing..... your were in for a lump, I hope you can make it back on other investments. gl
take a look on the iii board there is a well informed and credible poster called eagle 51. He uploaded some posts yesterday that he made in 2012. Basically he analysed the company and shared his thoughts. as it turns out costis or someone close to the company reads the boards(big red flag imo) and emailed him in a threatening manner trying to counter his claims. apparently costis had done this with a few posters across the BBS. please share if anyone has had a similar experience. qute an interesting read
Lol the last bit!
Agreed spikey, I think it safe to say upenn is a complete bulls******!
Has found the time to update his LinkedIn profile. Now his only job is chairman of hellanic capital.
I was referring to your post where you stated you held 600k shares for the long term and were trading £3k pp on a spreadbet. I didn't check your latter posts.
no ones saying there fraudulent but this is the aim market where there no rationale . re share prophets its not the tips that are the concern its the bear calls that they seem to be getting right
They are in the same sector (tech) as globo, and Greek, and also been mentioned now on shareprophets. Watch out for short positions on short tracker
good to see hes answering the phone! thanks for the update
if uppens previous posts are to be believed he owned upwards of 600k shares and was using very heavy spreadbets..... he mentioned £3k per point. he has lost an astronomical amount here possibly the largest for a pi so dont expect to here from him any time soon
ive resigned myself to there being no cash at all. If they have been at long term fraud by raising invoices from shell companies as stated in the qcm report there will be nothing. the auditors obviously have`nt checked or they may have subcontracted the work to a greek team where the accounts were compiled...... just speculation but something has gone seriously wrong over a sustained period with no one undertaking due diligence....... including myself!
He only bought 50000 shares (25£k) probably just to make the scam look more believable.
Yes I remember disliking his comments but I couldn't see it..... Fair play to him for not coming on to gloat. No comment from jolly either!
I predict that the stock, which was suspended last week, will never open again and the company will soon file for bankruptcy, just like what happened in July 2014 when Gotham City Research published a report showing that Spanish company Let’s Gowex was a fraud (http://www.bloomberg.com/bw/articles/2014-07-17/spains-lets-gowex-implodes-after-short-seller-exposes-fraud).
you can rue out a buyout as first we need to asertain how much cash is left in the business. I would have thought that they would be independently audited and then if there is still a business it would start trading again. The QCM report said about half the business is real so may be able to salvage something. Im not too confident though