The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Here are some of my all time TomLondon ridiciolous statements:
- 30/11- I am sincere. ITV will fall back to 50p before any recovery.
- 27/11- So many big name retail that ITV is so reliant on will perish. UK economy is locked down for months whilst Asian recovery is on. Tokyo Olympics (BBC) will go ahead with mass testing, Euros (on ITV) will be cancelled last minute.
- 25/11- And so it begins. ITV 12 month high? The steep descent to 50p is now on. When UK retailers and entertainment start throwing the towel in come January, even the hobbyists here will then concede that ITV is a money sink. 50 days of downward trajectory to come
- 25/11- For the serious investors looking for a UK leader with solid credentials rather than the joke that is ITV can I suggest a look at the Astrazeneca board? (this went well…. What will the margins be like for Astrazeeca? The answer is not great, they are doing this for a social cause not to make money.
- 13/11- 50p by Christmas. Once people understand that the vaccine is no cure
- 11/11 Selling at 82p was genius. Funds from that sale have outgrown ITV share price and ex divi tomorrow. It takes balls to admit a mistake and ditch a losing position
Tom only posts in ITV, he shorted at 75p and overall is incredibly naive.
Not to mention hes in denial and even resorted to spreading false rumours last week.
Do not, I repeat do not be like 'TomLondon'. Stay away from CFDS and spreadbetting. Don't be sad enough to post daily in one chat in a bid to de-ramp.
I think it has really been underplayed just how much ASOS and BOO have benefited from COVID. First and foremost the lockdown induced increase in retail spending, secondly the market share gained from the death of the high street and shift onto online retail.
Tom- hows that CFD short looking? Very foolish and reckless to keep that open, very undervalued, positive vaccine news, rotation into 'vaccine winners' and value stocks. I suggest you stop topping up your account with margin, stop spread betting in general and learn to diversify 98 posts in 30 days on one short- ouchy.
For the rest of us who, unlike IG-Tom, smelled the opportunity to get into ITV on the cheap post March have a strong 12 months ahead of us- very exciting 2021 indeed for ITV.
Exciting times ahead for ITV.....
- a return to their normal pre covid schedule spring onwards
- the EUROS in the summer
- Love Island (a massive revenue generator for Itv) returning in summer 21 and winter 21.
- a new revenue stream post-pandemic in BritBox
I suspect a return to 140+ by this time next year (60% upside)
Would be annoyed but equally not surprised if T-brown was to sell tomorrow. Directors (yes he is a director) have a duty to act in the best interests of the company and promote the success of the company- continuously dumping a portion of your holding after good news does not do either.
Making a quick buck does not outweigh the impact directors dealings can have on shareholder sentiment especially given his role within the company.
for the record i also got carried away/greedy didn't sell on a profit- now sold at 10% loss on the back of the vaccine news.
this will be a harsh lesson in penny stocks for a lot of people, a garage band mask maker still teaching students for the bulk of the day, this is maybe 6 months late but ultimately the timing of this has been its downfall. Doc seems like a nice guy, wish him all the best..
Fantastic opportunity to get in this/top up on the cheap....
7.50