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.
This is a two part podcast. First I look at Northern Petroleum and its woes and explain why I have a 5p target for the shares ( now 11.5p) the a section on earnings visibility and valuing companies that might be breaking the law or ripping off their customers.
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Comments
kingoldby
Happy birthday! :)
paul
What can you say about NP. Total pile of shite!! I bought these at 30p and sold at 16.5p. Sometimes you make a mistake in buying shares, and have to get out before you lose all your money, Northern is one of those companies. For anybody still in, take what cash you have left, and invest in something worthwhile. For me, painful lesson learned, moved on!
Good piece Tom, have a good birthday!!