By Staff Writer | Saturday 8 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.
Neither Matt Earl – aka the Dark Destroyer – or his fellow bear raider Lucian Miers reckon that pumps group Weir (WEIR) is a bad company or going bust but both have opened up short positions at c£22 ahead of results on 26th February. They argue that the shares could easily fall by £5 or more.
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