Burford Capital Share Discussion Threads

[tsmith2] 12/8/2019 08:02

Lol. read today's RNS

[luderitz] 12/8/2019 08:01

A second American short-seller has taken aim at Burford Capital, claiming it is "inappropriately financed" and that public scrutiny was "long overdue". Gotham City Research waded into the controversy surrounding the litigation financing company yesterday, issuing a statement saying Burford has enjoyed an "absurdly high valuation" and defending the contentious methods of Muddy Waters and other activist short-sellers, saying they "should be applauded for their work".

[ozzmosiz] 12/8/2019 08:00

that's one for the bin.

[peter27] 12/8/2019 07:58

Delayed trade is the Director buy at 1300.

[blah blah] 12/8/2019 07:58

Shouldn’t assume that MW was responsible for the market manipulation- there were more than them interested in the share price falling. Shouldn’t be difficult to find out though. If it was MW then it should put a stop to these holier than thou short attacks.

[tightfist] 12/8/2019 07:58

Good questions..... maybe a mega-hefty fine is preferable to jail IF those eventually found guilty are not men-of-straw..... is there any precedent of compensation?? I feel for those who endured real Sell trades and losses last week.... All IMO

[nerdofsteel] 12/8/2019 07:57

Additional information sent to Burford IR this morning who have responded already suggesting it is interesting and could be very useful

[goodbloke1] 12/8/2019 07:56

Delayed trades

[peter27] 12/8/2019 07:56

Can someone please explain why there were all sorts of odd priced trades timed after 1630 on Friday?

[winsome] 12/8/2019 07:56

MW will have a huge contingent liability on their books soon!

[semper vigilans] 12/8/2019 07:55

Not following this closely, but imagine if a UK entity did this to a US Company?
The perpetrators, guilty or not, would be extradited almost immediately.

[1corrado] 12/8/2019 07:53

900p at the start................

[podium] 12/8/2019 07:52

Basically, MW are as bent, if not more, than any company they choose to throw their mud at. But when has this not been the mode of operation of the shorting gangs?

[edmondj] 12/8/2019 07:51

dagsteeth, 9577

Very good points!

[ghostme] 12/8/2019 07:51

Yes Burford would get the money. And to compensate shareholders it could do big buyback or special dividend to shareholders

[ghostme] 12/8/2019 07:50

Before shorts started going on this was near 1,500 so plenty of upside to be had. 1,300 my target this week

[upgrade1] 12/8/2019 07:49

Clear the runway BUR Is ready for TAKE OFF

[amt] 12/8/2019 07:49

If there is a case here. What would the compensation. Would it be the drop in share price which amounted to about 2 billion dollars. So is that the amount that Burford should seek in compensation. If it won who would get the money?

[goodbloke1] 12/8/2019 07:48

I would have thought much of closing of shorts today.Hope they burn!

[showme01] 12/8/2019 07:48

Auction at open I guess. Anyone still short will be getting their pants pulled down.