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Firestone Diamonds – Harsh but Fair Broker Note says it all

Tom Winnifrith
Tuesday 13 November 2012

AIM Listed Firestone Diamonds (LSE:FDI) was a duff tip from me from my days at t1ps.com. Even when you average gain per tip over 12 years was 42.7% you have losers and this was one of them. I advised bailing out at 6.125p on October 25th. Results are out today, the shares are still 6.125p but they are, I am afraid an open invitation to sell. A piece of broker research from the excellent Roger Bade at Whitman Howard says it all:

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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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