By Tom Winnifrith | Saturday 8 March 2014
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.
Two day ago my colleague Ben Turney rightly pointed out that whoever invested £750,000 in perennial dog Verdes (VMP) at 0.75p (giving it a £7 million valuation when the only asset is cash of c£550,000) was insane. So who is this lunatic? I tracked him down and the reality is that he is incredibly switched on… let me explain.
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