By Lucian Miers | Wednesday 19 February 2014
Disclosure: The author has a short position in one or more of the shares mentioned. 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.
There comes a time in the affairs of all companies that promise much more than they deliver when the patience of investors starts to run out and they head for the exit (usually all at once). Sometimes this can take ages (think Pursuit Dynamics which lasted 18 years or Proteome Sciences(PRM) which is still stringing along investors and approaching its 20th birthday) other times the process is shorter but in virtually all cases the common factor which concentrates minds is cash.
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