Member Info for YorkshireLife

Gotham City (I won't add the word "report" as it is not worthy of such a title!)

One paragraph of nothing for the sole purpose of publicity seeking.

They don't even currently hold a short on BUR... shows you how much faith they have in their own statements!

"Unbelievable!" ;-)

If the SP drops back on Monday's open it will be for one reason, and one reason only:

To enable MM's to fill big buy orders. I am doubtful PI's will get much of a look in, as I expect demand will more than outstrip supply at current SP levels or lower.

I am happy to buy right up to £9.50 without hesitation, and if the company itself buys back in block, then I will continue to add up to £11.

Each to their own strategy, but from what I've read (reports / RNS / news articles) and what I've heard (BUR Webinar) and based upon past history and many year's worth of published accounts, I have very little doubt that anyone buying in at current levels or below will make a substantial paper profit this week.

Medium term, I guess questions will be asked and answered by management: maybe a move from AIM, maybe a NYSE dual listing, maybe some changes to the presentation and calculating methods of accounting to specifically prevent this kind of bear attack from repeating?

Such questions and answers might very well lick the gloss of the SP and prevent it from reaching former £16 levels right now, but - on the whole - this feels like a solid, professionally run outfit to me, with a strong profitable future ahead of it.

IMHO this whole sorry affair will have been forgotten and dismissed by investors and the market by the year end.

GLA :-)

Crocqman: "Long gone is the hype here, activity and results will move this where it should be now."

I just quoted you on ANGS board too.

Spot on IMHO!

MW short 0.71% 5th August / MW short 0.57% 6th August / MW short 0.12% 7th August. Currently showing zero.

Keep in mind the following for next week:

1) Even by Carston Block's own admission... he was genuinely surprised by the effect his report had on the SP and how far it fell.

2) Closing out MW's short, "Even" CB himself values BUR higher.

2) Forget Gotham City... just generating a little PR for themselves off a recent big story... they obviously felt left out, poor things :-(

Taken as a short term "trade" or for a medium to long term "hold" this is far and away IMHO the safest bet on AIM right now.

In times of crisis, you need to keep a sense of humour ;-)

This was always going to be a rock strewn road to success... we've just hit another boulder and we're out mending the puncture (again)

Sleep easy... another small delay that's all!

GLA

Zzzzzzzzzzzz... Mad Dog

...wake me when Lucan buys in! ;-)

A lesson for The Fool:

What most savvy investors look for in companies are opportunities that can offer short / medium / or long term value - and at current SP levels I find it virtually impossible to find a better - or safer place - on AIM to invest my money.

Even if "some" of Muddy Water's mud sticks, it in no way justifies the huge drop in SP that happened last week and still paints this company as one of the BIGGEST buying opportunities I have seen in recent years.

Yes, the MM's will manage the rise... and yes, there will be day trading all the way back up which will curve the graph... but the rise back above £12 in the next two weeks maximum is INEVITABLE IMHO.

Now if that is NOT a good investment opportunity - I really do not know what is!

Truly terrifiying... Woolverstone...

God help those responsible as we are not known to take prisoners!

Motley Fool... says everything you need to know in the name.

If the reporter cannot see value in BUR right now, then he really should NOT be offering market advice IMHO.

Clueless!

It's at times like these that "history" comes back to bite you in business and Muddy Waters have infinitely MORE enemies than friends on both sides of the Atlantic as a consequence of their actions against others.

Pitting yourself against a litigation company of the stature of Burford might very well be the biggest mistake Mr Block ever made!

:-)

https://www.bloomberg.com/news/articles/2019-08-07/the-furious-global-bond-market-rally-shows-few-signs-of-abating

Block has previously said he plans to defend initial allegations with further comment / reports... but more often fails to do so.

Let's face it... his job is done here: Stir panic... reap reward... sit back and plan for the next one.

I doubt he'll have more to say, since - with any luck - Burford will already have started a litigation against him and his time might be taken up fighting that...

...if there's any justice "at all" in this industry that is!

Sticking with the "Hitchikers" theme

I'll happily comment whenever PickedPeck allows me to borrow his Babel Fish - Baysil Translator - seems to work for him a treat ;-)

I suspect the "Gotham report" is an equally fabricated baseless piece of bad research timed and released to create an escape hatch for Muddy water's and associates current shorts.

If you want these *rs*h*les to lose their shirts then it's simple... sit tight... don't sell... reap rewards, as they cannot buy lower (to close out their short) unless you sell first to enable this to happen.

let's teach them a lesson! ;-)

MM's: There to keep an orderly market (they would have us believe!)

...and yet how many times do you see the SP drop like an anchor into the sea on bad news... yet watch it rise slowly like the Titanic from the seabed whenever good news lands?

Always Happens.... Strange That?

Hits... LOL!

Yes, know the place... You can't even shorten it and call it by its nickname... ha...ha :-)

Gkb47

LOL!!!!... Ah.. so he's a c*ck-womble?

LOR.... LOL!!!!!!! (probably true... we can be a miserable miserly bunch at times - got to admit ) :-)

I've concluded that Lucan could either be a tight Scotsman or a very tight Yorkshireman... either way... doesn't appear to be parting with his own money just yet!