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.
One of the most frustrating aspects of researching stocks on AIM occurs when directors don’t fess up to failed goals or missed targets. This is particularly problematic when companies explicitly announce they are going to do X by date Y through an RNS. Then, as is often the case in the performance graveyard that is AIM, date Y comes and goes, but the promised X does not materialise. At this point, companies can become mysteriously quiet on the matter, almost certainly in the hope that disappointed expectations will slip quietly into the night.
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