Member Info for the_naked_truth8

for this to prove is a genuine business, very crucial is in the next 48h:
1)massive directors / II'S buys - will show big confidence in the company and will show the will risk their own money and not talking about pennies
2) Burford to issue a statement that they will take legal action against Muddy, not just talk about it!

I do not think they will go bust - they have lots of cash in hand and access to finance - but the reason for the big fall is about how the share price was inflated and pumped to over 2000p on a false merit and how they managed to raise hundreds of millions on false claims....

THIS DOES NOT LOOK GOOD FOR BURFORD: CLASS ACTION LAWSUIT

https://www.businesswire.com/news/home/20190807005768/en/EQUITY-ALERT-Rosen-Law-Firm-Announces-Investigation

and

https://www.globenewswire.com/news-release/2019/08/07/1898810/0/en/Stock-Alert-Burford-Capital-Limited-Kehoe-Law-Firm-P-C-Investigating-Securities-Claims-on-Behalf-of-Burford-Capital-Limited-Shareholders-BRFRF.html

Also, something to read about the so called scam: "By remaining listed on Aim despite being a mid-cap company, the company’s disclosure requirements are lighter than they would be for the main board "

https://www.thetimes.co.uk/article/muddy-waters-criticises-burford-capital-the-report-unspun-z9pm0hklm

If silver and gold will continue to rise or keep this level this will be back to 800-850p in 2-3 days.

gold is at $1500 and silver 17.1 and annalists expecting more upside!!!
https://www.kitco.com/news/2019-08-07/-Gold-Who-Silver-Has-Plenty-of-Upside-Potential-Bloomberg-Intelligence.html

RSI only at 37 so plenty of upside at least 10-15% more from curent level.
easy money to be made here!!!

this is a FTSE 100 company very under valuated:
https://simplywall.st/stocks/gb/materials/lse-fres/fresnillo-shares
(Share price is £6.81 vs Future cash flow value of £61.9)

https://www.theguardian.com/business/2019/aug/07/gold-rises-to-1500-an-ounce-amid-worry-over-global-economy

This is just another Woodford failure investment who lost more than half of value, and he is looking to be just another Madoff scammer who lost billions for gamblers who believed on his magic returns when the market was well under.
Almost same style, but little bit more polished, but having the same power of convincing rich and brainless people to buy into his great investments funds, shares...

I would not rush yet in to buy this pumped dog share;
Muddy have some inside info for sure and are aware of the power of the lawers that Burford have available but they still published the article. That should tell enough and convince you to stay away from gamble your money.
The same way IQE was claiming 1-2 year ago about the great business and then look what happened.
This will become one of the most shorted UK listed company soon and taking examples from MTRO, Petrofac, the value will less than 50%...
Cheap will become cheaper, oversold will become super oversold - dont try to catch a falling knive just because you think is cheap enough and you will make a quick buck...people were thinking same when gambled with MTRO, IQE, PFC, DEB, Thomas cook.
Not invested, nor will I invest here, plenty of other great good comp out there to invest my money!

Gold is $1490 and is does not seem to stop any time soon!!

http://www.m.livecharts.co.uk/MarketCharts/gold.php

PAF should explode soon :)

after so many updates, news, ramping on Tweeter this is still in the low 60's!!!
that should tell you a lot about the AIM shares.

Forced seller Woodford, low liquidity, 10% flippers, 5 min traders/ investors, market is on dark side and AIM/small cap are the most exposed and dumped. who bought this in low 30's and 40's were lucky buying in 60's in this market conditions (Woodford still have a lot to sell) not very appealing even is very ''under valuated''

Future is bright here but many wants a quick return, no investment, just a quick trade, quick cash, :(

Gamble only what you can afford to loose :)

Under 10p by Friday, not because i say so, market is brutal, just waiting for some bad news and will give you a 20-30% discount :(
Some chartists predict a 4p for the worst case scenario :(

A strategy will be to buy the dip, wait few months, usually summer is the worst time, winter will drive the price of oil and gas higher and higher, also small companies (FTSE250, AIM, SMALL COMP) with lots of debt are affected now by Brexit saga and sentiment;

Invest for long term, diversify your investment, keep some cash on side to buy the dip, same happened on Referendum in 2016.
Chasing rainbows is not a solution, long term investment could work out, this was over 100p not long ago and will be again when trade war ease, summer finish, shorters get bored, Brexit will happen deal or no deal....

Gold is flyinggggggg!!!!

Over $1458 !!!!

http://www.m.livecharts.co.uk/MarketCharts/gold.php

PAF is very undervaluated at the moment, should be at 14p in no time and 15-16p in September!!

Easy money to be made here!!!

Time to buyyyyy is nowwww!!!!

I think will Worth a punt at 350p...will wait for the shorters to do what they do best, and the losers who bought at 500p to sell at loss because they get bored and chase other great oportunities :)

Many were dreaming today about quick money unfortunately they are stuck in this dog and they need to become investors not 5min traders :) unless they like the idea to buy high and sell low :) :) :)

https://www.proactiveinvestors.co.uk/companies/news/224425/petra-diamonds-will-need-an-equity-financing-soon-warns-berenberg-as-it-downgrades-224425.html

(Reuters) - Online trading platform IG Group Holdings (IGG.L) on Tuesday reported a slump of almost a third in its earnings for the year, hurt by Europe’s clampdown on the provision of access to high-stakes financial betting to amateur traders.

https://uk.reuters.com/article/uk-ig-group-outlook/tighter-rules-hammer-ig-groups-annual-profit-idUKKCN1UI0JD

Just wait 1 week more and when gold ans silver will get a spike (fed's rate cut on 31st) then this will get back to 900p in no time.

Trump demands rate cut:
https://news.yahoo.com/trump-demands-rate-cut-seizing-fed-officials-own-132420832.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAKI2kW0g2jC-JfhpDeziMLix6m_3YYdxjb5ddvfS8AuHptiPl2YURHIxSYxlVJOWdVIUirJYElzltAejc2mP4VL2NcnvJ82e08kFLcf_Oyl2GJdSv9aWToswIeoWqiD0AXvzYCqo6z3aO4JyUWxLkPMX1kgiT06qrmDosUoCFIOe

Also, jumping from one share to another is not a strategy, trying to catch a bottom again is a no strategy on a long term investment...

stay long on gold and silver and your investment will be fine!!!

I think negative news about Egypt will drive this to 15p :(

https://www.chroniclelive.co.uk/whats-on/travel-tourism/thomas-cook-monitoring-egypt-security-16622593

Have a large holding here and managed a nice top up today :)
My two gold plays PAF and FRES , sold CEY;

FRES and PAF very undervaluated , we just need gold over 1400, and silver already is moving north towards 17!!!

why is this going down???

well, because all pi's money are going into gold miners, also many are selling and waiting for the next week results - on bad results we could see this around 300p and according to this web site is not worth more than 267p/share. (https://simplywall.st/stocks/gb/banks/lse-mtro/metro-bank-shares - refresh the page few times and scroll down to the INTRINSIC VALUE BASED ON FUTURE CASH FLOWS)

Don't forget this is one of the most shorted share!!!

Pan African Resources (LON:PAF) had its price target raised by equities research analysts at Peel Hunt from GBX 15.50 ($0.20) to GBX 16.50 ($0.22) in a research note issued to investors on Wednesday;

Waiting for 390 and will buy some for a quick trade

Gold is going up and at the moment is over 1430 ; we shoud be over 14p in no time!!

https://www.edisongroup.com/company/pan-african-resources/1220/dditional

Just wait until the 5 min "investors" and gamblers get bored and start to sell :( and you can pick up these for half price;

then wait again until the one or all major II's offload and reduce their holdings just before the cash call is anounced of course at significant discount to raise funds to keep the lights on!!!!