By Tom Winnifrith, The Sheriff of AIM | Sunday 8 January 2017
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.
Fraud Cloudtag (CTAG) was the company guaranteeing orders of $5.2 million in 2016 but uh oh, now we have it on tape saying there is no release date yet while the guru of fitness bands has tweeted - after interviewing Onitor's Peter Griffiths at CES that he reckons this is still in R&D. Oh dear.
The guru is "TechyAgent" who spends his life recording videos and reviewing fitness bands. I guess he gets to oggle lycra clad models but I still can't say that I will be muscling in on this niche market. But I guess this chap knows his onions and so the video below is his CES interview with Griffiths who admits there is no launch date yet.
The tweet that follows is devastating and suggests to me that there are no orders coming soon and so the money will run out shortly. It makes Cloudtag a slam dunk sell.. The independent guru writes:
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