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ShareProphets share tips of the year number 23: Sell Telit Communications says Tom Winnifrith

Tom Winnifrith Tuesday 3 January 2017

 

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Telit Communications (TCM) is the most heavily shorted stock on AIM but its share price has proved incredibly resilient. At 275p it is almost up at 2016 year highs and the company is capitalised at £317 million. But you simply cannot defy gravity forever and, as a sell, it is my next share tip of the year.

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About Tom Winnifrith
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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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