Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Oh dear, oh dear… I have warned you numerous times to sell shares in Iofina (IOF) because it was burning cash and set to run out this spring and today the company has finally fessed up and admitted that I was right all along. The shares have collapsed by 56% to just 24.5p. So Numis (who reckoned a month ago that the shares were worth 156p) how much do you pay the analyst who served up that crap? Give my cat his job instead!
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Comments
Razzle dazzle
Tom, would be interested in your current views on Shanta gold, it’s down on price from when one of your articles first made me aware of the positives of the company. However for the record I still think it has got an extremely positive future and there will be much upside.
wildrides
I see that Westminster Group (WSG) is finally collapsing after more than a year of gross over promising on contracts which never seem to get confirmed .
30p here we come ! hang on …….. its gonna get bumpy.