By Tom Winnifrith | Friday 25 August 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.
Evil Banksta is an occasional writer here and is evil because he really is a banker by profession. As such he does know about banking covenants, the relationship between corporate borrowers and lenders and that sort of thing. As such his comments on Telit (TCM) really are damning and merit a wider audience. Before we get to Evil Banksta I am just flabbergasted by why CEO Yosi Fait has not been fired.
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