By Tom Winnifrith | Wednesday 26 February 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.
The headline on Edison’s note on Monitise (MONI) out today is bullish “FY 2014 Growth on Track” but then Edison is paid to write this note. Prostitutes do not tell their clients that they had bad breath and a small dick. Read the text and massive cuts to forecasts for the real story. Sorry Monitise but size (of your cashburn) and tumbling forecasts, does matter.
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