Looking at Burford Bar chart , if this shoots up again in the next few days to over £5.22p that’s past the next 1 and 2 resistance Levels , then Burford could very well be at £6. Or sooner By next Friday, that’s just my Genuine interpretation of things. That took me by surprise.
Please DYOR, and never buy on the strength of another poster.
GLA
Today’s Truly spectacular rebound speaks louder than words.
We all see what we want to see . I see a fantastic profitable future for Burford in the lawsuit litigation world, This is the place to be in a economic world depression.
Burford will go on to a much higher share price in good time. I’m extremely happy with today’s events, Muddy waters and all.
Always buy / sell with extreme caution . Never on the back of ramping or de-ramping .
GLA
If you want the profit you see right now ,take it, or wait And see if Burford delivers a much higher profit, If Burford can do this from another bashing from muddy waters, can you just imagine how much notice the market and investors will take of another hit from muddy waters, now muddy waters is essential out of the way , I can see this moving much higher in the coming days and months to even hitting that £8.20p broker SP target or more.
In fact muddy waters have even helped us get far better strength going forward now. Who would have thought it though LOL,
£5 by Friday maybe even £6 by Friday ?
As always buyer beware, buy with extreme caution and due diligence.
GLA.
Burfords at and past a £4.63.567 pivot point, excellent indicator to a much higher share price
GLA
Burford has stayed rock solid ,and stayed off from that first pivot point support point of £4.42p that's a excellent signal that we are definitely on the rise again.
GLA
You would be crazy to be out of burford at this moment in time. It's again ready to climb back from another attack from muddy waters, investors will take great confidence in watching it take this big once again and power back up again to climb to that respected brokers share price target of £8.20 , but first that £5 hurdle,
GLA
I've never ever came across any company that didn't try to enhance its accounts by maximising its figures, every single company does it in some shape of form, if burfords auditors give us a clean bill of health , then they are responsible for any mistakes or misrepresentations, let muddy waters accuse them of wrong doing , and I can assure you the litigation will really fly, but MUDDY waters knows it can't win that slanging match, because they can't make £ millions from shorting any stocks.
And in there lies the reasons for attacking listed companies.
GLA
When I seen burfords CEO. C. Bogart snip at Carson blocks attack in understandable anger on a USA interview/ linking him to stormy Daniel's, I thought to myself Carson block will be livid LOL, and thought to myself Carson block will want revenge, though Carson block normally tries to avoid such thinking, and prefers to concentrate on the financials, though he's only human at the end of the day. We really don't want Carson block on our case anymore. He has other fish to fry so as to speak, he's plenty of other active targets in the uk and around the world, please move on Carson , and your correct GekkoGordon he is
now clutching at straws to hit burford with .
GLA
I reckon we were pulling back to around £4.63p anyway today , before taking on a much higher level, so we're really only off by 10p or so. That's a big + to put it politely.
GLA
Clawed its way back from its Lows, that should have been pretty obvious .
It depends whether you see your glass half empty or half full.
We are above the first pivot point 1st support, = excellent
GLA
Just as burford clawed its way back from the last attacks , it will eventually come back from this one, Carson block is still smarting from burfords mentioning him using stormy Daniel's in his promotions.
Though I strongly suspect burford will come back from this much faster than before. All these types of companies use very complicated types off accounting, Carson block may have some points around ace, but this industry needs complicated accounting, because of the deployment of funding in so many different ways, this is a fantastic opportunity to get in again at a lower price,
never let a disaster or pandemic stand in the way of a good business opportunity.
GLA
Thanks for that crockedskier , that makes sense now, muddy waters just won't let things go, disappointing , as if MW hadn't caused enough damage , sunny
GLA
Does any know what happened to burford this morning !!! It opened up much lower , as I say !! Anything can happen in this game.
GLA
Worth reading.
https://news.bloomberglaw.com/business-and-practice/court-delays-may-grow-lawsuit-funders-returns-or-spur-disputes
GLA
20000 lawsuits in a class action against Volkswagen , then 20k cars X average settlement €17500 X standard 25% commission = approx = £657 million pounds, I'm assuming burford will get a decent cut for funding this class action, as yet I don't actual know how much .but I'm sure it would run into tens of millions from a settlement like this one.
https://www.irishtimes.com/business/manufacturing/lawyers-target-volkswagen-dieselgate-settlement-with-german-consumers-1.4233367
GLA
I'm sure burford will get a very nice payback from its funding of the Volkswagen lawsuit claims, once this first lawsuit gets formally settled by the judge at a later date,/ the exact amount of dmages, as the judge has already accepted Volkswagen is at fault and negligent, then that settlers this argument in Germany, Volkswagen won't go to court with 20000 + lawsuits, they will come to a settlement with this class action from Volkswagen car owner's,
When burford settles this class action lawsuit , it should build much more confidence in our share price and USA listing.
Below is a summary of the case.
https://www.reuters.com/article/us-volkswagen-emissions-lawsuit-idUSKBN22H18Q
GLA
I'm just home ! , what a absolutely fantastic result today, so it hit £4.85p and then came off the boil, I'm glad it ended like that, it leaves a nice target for tomorrow morning, before it pushes past the £5 mark ,
It really feels very bullish NOW, "it's over the pivot points second resistance level at £4.65.800 " maybe £5.40p by friday,
Burford really could turn in a spectacular set of results in the next few years, leaving today's share price looking unbelievably cheap, the substantial profits coming from this historical depression may never be repeated , with burfords possible extra large profits setting it up for many years of lawsuit and litigation wins without extra financing, creating real substance and credibility to It's market image. Burford is by far the biggest company in this sector.
Nanoco plc is looking for finance to sue Samsung for patent infringements on its cadium free quantum dot technology, nanoco have a very strong case in my opinion, as Samsung has paid out hundreds of £ millions in infringement settlements to date, I believe burford is the only company that can handle this big case, as it will be expensive, the rewards say "33% " could give us a very large pay back, nanoco will announce who's backing it quite soon, I strongly suspect It's Burford backing them, we'll see ? I know a lot about this lawsuit case against Samsung, and it looks like a straight forward win in my humble opinion.
Burford will have It's pick of the best and safest lawsuits, and that possibly equates to substantially higher future profits.
Roll on the USA listing please.
It's the stock market and absolutely anything can happen here,
So always please buy with extreme caution and due diligence, only buy what you can afford to loose.
Metis20. Excellent spotting sir,
Burford may even get to £5 long before Friday at this rate, the bar - chart is looking excellent, there seems to be strong buying in anticipation of a eventual £8.20p share price, the USA listing should give us a fair enough price, what's extremely positive now is the strength in keeping the share price above £4.50p. This indicates to me a quick upward movement of of our share price to around £5 , and then hopefully to £8.20p . The risk now is being out of burford and missing a substantial rise of our share price.
Always buy with extreme caution and due diligence. GLA
This is looking fantastic from were I'm sitting , it's above the first resistance point now. Excellent .
GLA
It's building up a we bit of strength up in anticipation of our USA listing vote, the charts are looking more positive now going forwards or should I say upwards, will we hit £5 by this Friday ? Very possible.
Anything can happen in this game.
GLA