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.
Of the Filthy 40 China stocks listed on AIM on June 1 2014 or listed since, ten have already been booted off the Casino while shares in four are suspended. Of those three are suspended as the Nomad has quit. They sit on Death Row and the first execution, expulsion from AIM, is scheduled for tonight.
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Comments
Phil
Well that is 10 companies shareholders wouldn’t have had any warnings had your position in Tips not gone belly up cos I doubt SP would have even existed.
If ever there was a live circumstance that no one should be stupid enough to throw away a mistake(s) the creation of SP is a great example.
Why throw them away, you will have already paid for them, use them, learn by them and when you have used them just let them go.
The best way to pay an arsehole back is to be successful in spite of them, if ever there was a better way to pay an arsehole back, then using a mistake to do it, has to be the best.