By Robert Sutherland Smith | Monday 2 February 2015
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.
Sometimes one is drawn away from the comparative safety- a term I used advisedly because a lack of safety is a characteristic of all equity investing - away from big blue chip shares to smaller much more speculative versions. Such was the situation last October when my wandering eye fell upon Imagination Technologies (IMG); a company with big prospects, low profits, a high price to earnings multiple and a name to conjure with; It has a touch of stardust about it. The sort of name that for some reason puts you in mind of a Steven Spielberg film starring a charming pint sized alien creature lost in space.
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