By Tom Winnifrith, The Sheriff of AIM | Monday 9 May 2016
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.
As ever, when Avanti Communications (AVN) sees its share price slipping it announces a new contract win. There is a brief rally, and the rally gets smaller each time this trick is pulled, and then the shares start to fall again because - as we know - this company is hurtling towards insolvency. And so with the shares sub 90p to sell on Friday what do we have today?
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