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.
Before you laugh too much about my devastating bear call/warning of a bailout placing of less than six weeks ago when the shares were 21.75p, remember that three placings ago the City’s most conceited stockbroker persuaded the grateful taxpayer to pony up half of a £56 million placing at 28p. The Tory green wet dream has met reality. The Government always makes Bernie Madoff’s biggest fan Nicola Horlick, look like Warren Buffett when it comes to stockpicking.
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