By Tom Winnifrith | Tuesday 24 November 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.
Malcolm Graham Wood is paid large sums of money by oil companies to write reports on their shares which - for obvious reasons - don't tend to be bearish. He does not declare if a company whose shares he is tipping has paid him to do so or not. As such his research should ALL be ignored. Commentators must be transparent in why they are writing. If they are not they are discredited and should be drummed out of town. As such I ignore this pompous lard-bucket.