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 you may remember, by February 14 AIM listed Strat Aero - a company that has committed fraud - will be both out of cash and £300,000 in debt to a loan shark. As it munches its way through a hundred grand a month the outlook looks bleak, in fact it looks terminal. This has 0p written all over it. The man who exposed the frauds we know about is a chap called Hulsey Smith who was given a stack of cash and 12% of the equity to settle a legal case and shut up. And so today we learn that Hulsey has been dumping more shares.
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