Burford Capital Share Discussion Threads

[edmondj] 06/8/2019 15:35

NMC has been in a volatile downtrend for a year though.

[dsmith57] 06/8/2019 15:31

Surely time for Burford to speak up.

[shanklin] 06/8/2019 15:30

Perhaps BUR should use their buyback authority

[winsome] 06/8/2019 15:30

Probably more like NMC Health who DO have cash flow problems and started to tank a few hours ago.

[edmondj] 06/8/2019 15:29

Talk about knife catching: the apparent buyer of 50k shares, already 50k pounds down.

[nimbo1] 06/8/2019 15:27

crazy selling pressure on L2.

[onjohn] 06/8/2019 15:25

hxxps://www.muddywatersresearch.com/about/

[trident5] 06/8/2019 15:23

Bonds tanking too.

[bulltradept] 06/8/2019 15:21

Oh dear, perhaps we now know why mgt may have been a little coy about the AIM question...

[edmondj] 06/8/2019 15:08

50,000 'buy' at 1255p. Apparently.

[williamcooper104] 06/8/2019 15:07

Just topping up - only a little - couldn't resist

[edmondj] 06/8/2019 15:05

So the institutions who subscribed at 1850p some 9 months ago, now one third down, are content to brush the trend aside as 'Mr Market in his depressive phase'?

When is it legit to consider a stop loss?

[winsome] 06/8/2019 15:04

yes, seems like a tree shake with no real big sales going through. I'm a long term holder. Tomorrow's price, yesterday's price - of no interest to me. Only bad news from the company would concern me. So far all is better than great!

[bulltradept] 06/8/2019 15:00

More speculation.

[truthteller3] 06/8/2019 14:59

It's been a hell of a drop, though, hasn't it winsome?

Don't worry, wiggy, your hero (or is it alter ego?), will soon make it better for you with some judicious ramping.

[mad foetus] 06/8/2019 14:59

Well they are saying the company in question could go insolvent, which, given the degree to which BUR can service its debt, is bonkers.

[edmondj] 06/8/2019 14:58

MuddyWatersResearch
@muddywatersre

1h
Muddy Waters is now in a blackout period until tomorrow 8 am London time when we will announce a new short position on an accounting fiasco that is potentially insolvent and possibly facing a liquidity crunch. Investors are bulled up about this company. We're not.

[3dwd] 06/8/2019 14:57

Easy tgt for mkt manipulation

[3dwd] 06/8/2019 14:57

Just what they wanted !!

[pireric] 06/8/2019 14:54

Muddy waters may Be preparing a piece on this tomorrow based on their twitter. Though guesswork as they only indicated they'll publish at 8am UK time and didn't say what stock. So could be anything.

Their tweet timing broadly correlates to the drop starting a while back fwiw

[nurdin] 06/8/2019 14:52

Hard to buy any

[winsome] 06/8/2019 14:52

thruthteller, it seems you are only on the BUR thread due to spat with jonwig. If you've no real interest in BUR then please take it elsewhere.