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Servision: House broker says Spec Buy - shares tumble agin - this smells all horribly wrong

Tom Winnifrith Friday 3 March 2017

 

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The odour coming out of long term AIM cash guzzling hound Servision (SEV) grows stronger by the day. I sense that this is going to blow up badly and when it does you do not want to be owning the shares. There is something very odd going on. Today's intervention sees house broker Beaufort pushing the stock as a speculative buy. The shares have fallen by 8% and we will come to the, er.... not very good, note later.

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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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