Moral of the story here is the old maxim "no smoke without fire" does not always hold
It's also worth noting that these short sellers / tipsters are not always right. Take Plus500 for example. It has some compliance issues that it is now resolving. However once it had a bit of bad publicity everyone came onto these boards slamming it as a sham company, Ponzi scheme and the rest of it. The reality is that it is working through its issues with the FCA and is profitable too in the mean time
Re: Why are messages being blocked? i had the same on lse this morning. my view is extremely bearish for intq so what i assume is that lawyers have been in contact with bulletin boards advising them to police the comments. all imo.when the volume drys up here 50-60p will be the range as sentiment is destroyed. all imo
Why are messages being blocked? Why are messages being blocked?
Agreed. People my be realising it's not cover ups but more treatment of certain costs in accounts being treated differently
INTQ has been in a joint venture with Tosca and Penta who each will have done due diligence on INTQ. I don't believe claims but would love to see a couple of directors buy
Tom W. Does anyone have access to his site and can post the allegations here.
Re: fraud? Views on Tom Winnifrith what is his history ?
Re: fraud? the problem is that the accounting practices` appear `to be similar to those used by globo. maybe thats how they roll in greece!if the nomad goes its curtains.
I recall a few months ago a hedge fund, tosca perhaps went in a joint venture on akazoo. They would have done their due diligence in my opinion.
Suspension Imminent This surely has to be suspended. The board say they are going to look into it just like globo did. Then it came out and the rest is history
Re: fraud? How honest is TW ?He and his mates might be playing on the similarity with gbo.Do they use these boards for there own interest ?
Tw report on intq It all looks pretty thorough. I think alot of people are getting out just in case of suspension..... If I was invested I'd do the same as if it recovers it will take a long time as investor confidence has been shattered.
Qq to you all. Did globo or quindell send out RNS like this before they went down?
So the board did respond with an RNS