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Human Psychology and why Vialogy is a buy

Tom Winnifrith
Wednesday 5 February 2014

I tipped this stock on my Nifty Fifty website I run with Steve Moore on Monday at a 0.19p offer price. The shares are now 0.19-0.21p and are nothing if not volatile.

For more than a year I was a bear of AIM listed oil technology company Vialogy (VIY). Despite years of non-delivery, of management greed and the fact that it was obviously running out of money Bulletin Board posters abused me all the way down from 2.5p to 0.4p and generally stood by the board. In the end I bought a few shares which I still own, went along to the AGM and “played up” – there was very quick boardroom change in response to “the terror.”

on Shareprophets | Comments
About Tom Winnifrith
Bio
Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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