Latest News

Email of the day on share dilution


Your free daily email from Fuller Treacy Money

Comments of the Day

09 December 2020

Video commentary for December 8th 2020

Eoin Treacy’s view

A link to today’s video commentary is posted in the Subscriber’s Area.

Some of the topics discussed include: gold/bitcoin ratio, high yield spreads continue to contract, ASEAN and Asian currencies continue to recover, discussion of supply/demand and market cap charts


Thanks to a subscriber for this report from Maybank which may be of interest to subscribers. Here is a section:

Eoin Treacy’s view

A link to the full report is posted in the Subscriber’s Area.

Europe and North America are more likely to receive ready access to vaccines developed by western companies in the short term. Meanwhile China is already exporting its vaccine candidate despite the apparent lack of rigour in testing. The first batches of Sinovac’s vaccine arrived in Indonesia today. It remains very likely that within six months there will be a significant oversupply of vaccines. I fully expect the rollout to go much faster than many people expect.

Email of the day on share dilution

Thanks, Eoin, for your considered response. The point I was trying to get at though is that looking at a stock price chart only can hide all manner of sins. If the share count has doubled, all else equal, the price per share should only be worth half what it was previously. Having said that, I wouldn’t be in the least bit surprised if the Robinhood crowd bid up these names as they search for the last remaining recovery names without due consideration for all of the facts. Though in the short-term markets can be a voting machine, in the long term they are a weighing machine, and ultimately these investors will be found out.

Eoin Treacy’s view

Thank you for coming back on this topic. The most basic principle of price setting is to find the balance point between supply and demand. Supply is a present real-world statistic and demand is always going to be about what the future holds. Therefore, the price reflects both what is known and what is expected about any given instrument.

Email of the day on government overreach

please just continuing stating what you believe is obvious.

For me this means that in absolute terms and relative to other causes of illness (on a world-wide basis, COVID 19 is only about number 11 of official causes of death) as well as the average age of people dying WITH – NOT necessarily because of COVID-19 but helpful to inflate the otherwise very lowly death statistics -, the “pandemic” is more a matter of a carefully manipulated narrative leading to generalized and well-utilized hysteria which then justifies measures curtailing freedom and dignity of humans and is finally propelling us into a fully “Perfect World” (foreseen by Huxley + Orwell) including Ministries of Truth and other goodies around the globe.

As I almost died of a seriously complicated pneumonia last year involving, among others, various standard Corona viruses, I do have a certain personal perspective on these matters.

Eoin Treacy’s view

Thank you for sharing your personal perspective and congratulations on your recovery. Anyone with any kind of historical sensitivity is likely to share your awareness of the power grab that has taken place this year.

Email of the day – on mental health

Regarding your comments on the mail about fake news: I would like to point out that your very sound and accurate analysis of the situation this year has helped me tremendously with my investments AND it has helped my mental health a lot. For both of these I am most grateful for your services. please do keep up the good work.

Eoin Treacy’s view

Thank you for your kind words. Mental health is a topic that is personal to all of us but tends to be sensationalised when it is made public. Personally, I have gone through multiple stages of surprise, hope and anger over the last year. That has been as much a reaction to the market as to the ineptitude of the official response in most countries. Many years in the financial business have conditioned me to equate despair in others as a buying opportunity. Despair in myself is usually a sign my position is too large and by opinion was incorrect.

Eoin’s personal portfolio – trading and investment positions increased December 1st

Eoin Treacy’s view

One of the most commonly asked questions by subscribers is how to find details of my open traders. In an effort to make it easier I will simply repost the latest summary daily until there is a change.

This is your daily comment from

Subscribe to Fuller Treacy Money Limited for exclusive content and audio: Click here for details.

The information provided on this website ( is for the purposes of information only. This website and its content is not and should not be considered or deemed to be an offer of or invitation to engage in any investment activity. Nothing Fuller Treacy Money does and nothing on this website is intended to operate or be construed as the giving of advice or the making of a recommendation by Fuller Treacy Money to any investor or prospective investor. Fuller Treacy Money and any other group or associated company of it is not authorised or regulated by the Financial Conduct Authority in the UK or any other regulatory body in any other jurisdiction. By means of your login to our service you are deemed to thereby accept our current Terms of Business including this notice, Except for permission to download a single copy for personal use, the research published by Fuller Treacy Money may not be reproduced, distributed or published in whole or in part by any recipient for any purpose, without the prior express consent of Fuller Treacy Money. Information featured on the website is based upon information and data provided by Fuller Treacy Money and remains the intellectual property of Fuller Treacy Money. Some of the information may also be provided by third parties and whilst Fuller Treacy Money will seek to ensure that information featured the website is updated on a regular basis, Fuller Treacy Money does not accept any responsibility for, and disclaims any and all liability for, any such information (including the accuracy of such information) or views or opinions expressed on the website. Any person considering an investment opportunity as a result of data presented on the website should give full regard to all the content of the website, and should perform their own due diligence and obtain advice from suitably qualified professional advisers before investing. Prospective investors are also encouraged and recommended to take their own independent legal and taxation advice together with any other advice that they may consider necessary to consider the benefits and risks attached to any investment opportunity. No representation or warranty, expressed or implied, is or will be made or given by Fuller Treacy Money (including its executives, employees, agents, contractors and advisors) in relation to the accuracy or completeness of the contents of the website, save that any such liability is not excluded in respect of fraudulent misrepresentation.

Today’s Market View – Vast Resources, QuantumScape Corp, Phoenix Copper and more…

Previous article

Back on the dividend list: over 90 companies have restored payout after pandemic panic

Next article

You may also like


Leave a reply

Your email address will not be published.

More in Latest News