By Robert Sutherland Smith | Friday 28 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.
As I like to say on such occasions, next to the sweet aroma of Cuban cigar tobacco hanging over Lord’s cricket ground on a fine summer’s afternoon, the most enjoyable smell is the pungent scent of scorched bears. We inhaled such perfume this week as the results from Weir Group (until recently one of the five most shorted stock in the market at over 10% of the equity) confounded professional pessimists by pushing the shares up to an all time high of 2546p.
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