Burford Capital Share Discussion Threads

[bulltradept] 08/8/2019 15:00

Bloody late!

[epo001] 08/8/2019 15:00

The first amendment (or any other free speech provision) does not give people the right to shout "fire" in a crowded theatre. MW did not do this as some exercise of free speech but as an attempt to disrupt markets and make money. If Burford can prove that, then I doubt the first amendment applies and damages should be recoverable. I hope so, for all their holier-than-thou posturing MW are just scavenging vermin.

[minerve 2] 08/8/2019 14:59

popcorn ready

[knowing] 08/8/2019 14:58

Wouldn't surprise me if MW were shorting to exit at this level.

[bulltradept] 08/8/2019 14:57

Whose got a front row seat then?

[sweet karolina2] 08/8/2019 14:52

stentorian8 Aug '19 - 14:19 - 8129 of 8158
0 1 0
sweet karolina2

"Burford is well equipped to investigate and pursue market manipulators, and as stewards of investor capital, we are exploring doing so here, cognisant of the substantial losses our investors have suffered. Our early investigation already shows the hallmarks of market manipulation."

Thanks for that, no longer a direct legal threat just a vague hint of one which they will drop or tone down further.

They might have had a chance in a UK court, but already picked up on the clever wording that would get MW off the arguably insolvent bit is already in the rebuttal, but there are lots of other assumes and our views which would give them an honest opinion defence in UK. But under US speech laws they would have to go after MW in US where under 1st amendment their defence is even easier.

There is a very strong correlation between companies who threaten legal action after a short attack under performing those who do not. There is also a strong correlation between those that come under short attack still long term under performing the market when the short attack is over.

There was a short attack recently by QCM (Gabriel Greggo who took out Globbo and more recently Follie Follie) on an Italian AIM company Bio-On. The Italian AIM has an automatic volatility suspension mechanism which does seem to be a good idea as it stopped the massive swings we have seen here. Something like that would make it more difficult to do a smash and grab raid and for the shorter to gain he would need to be proved right rather than the situation here where MW could have easily closed yesterday and reopen shortly before the next round.

I personally do not have a problem with companies being attacked, they either fight it off because the shorter got it wrong or they are not worth what they were trading at. It is all the uncertainty in the middle which can ramp up unfair losses to PIs who don't know how to handle the situation.

My view remains BUR was grossly overvalued and when the dust does settle it will trade at a more sensible and realistic value, but is likely to swing violently in between. Some will gain from that and some will lose, I think it is better all round that a volatility suspension mechanism prevents the disorderly market.

[1corrado] 08/8/2019 14:50

good on you.sell sell sell sell.

[1corrado] 08/8/2019 14:50

good on you.sell sell sell sell.

[daymer58] 08/8/2019 14:49

I am selling now

[1corrado] 08/8/2019 14:48

below 700p

[davez1] 08/8/2019 14:47

buy in price guess anybody?

[cudmore] 08/8/2019 14:44

Get what you can before the call. Watch the herd pile in after!

[daymer58] 08/8/2019 14:43

Lovely intra day trade Muddy W will not give up for now, so let us see their response if not it could get very Muddy for MW from a legal point of view.

[1corrado] 08/8/2019 14:41

dreamer dreamer....................

[datait2019] 08/8/2019 14:41

Your the rat

[epo001] 08/8/2019 14:40

Wouldn't it be ironic if BUR sued MW for damages, collected the profit from this shorting activity and recouped their costs for dealing with this and returned that to shareholders as a special divi? (No, I don't believe it will happen either but it would be nice.)

[1corrado] 08/8/2019 14:39

AUCTION I SMELL A RAT.

[theaviator] 08/8/2019 14:37

I've an area marker a bit lower for a rebuy personally

[lionheart69uk1] 08/8/2019 14:37

Sold half my holding at 840p for a quick killing ( bought at 535p and 440p) but will keep the rest for the end of the year by which time I expect it to be back over 1,000p

[cudmore] 08/8/2019 14:37

After the investor call watch these rocket back past £10 😆😆😆

[1corrado] 08/8/2019 14:36

fact are fact they are going down I made 12k if i would hold i would now be making only 5k so the question who was right you or me???????????????

[hawkind] 08/8/2019 14:35

Personally think it's true with MW as they are either very brave or very stupid to take on a litigation firm, there is surely easier targets if its not true IMHO

[1oughton] 08/8/2019 14:34

1corrado

go and play with the traffic moron