Planestation Group

Jim,

This is the risk with tipping, indeed being any kind of person any directors want to impress. That could be a small or large investor alike, as well as a commentator. Most of my worst mistakes have resulted from listening to directors' claims and promises - and I dare say they will continue to happen in future, save that my filters get more effective with experience. As Ernest Hemingway said, a good writer (I would add 'investor') has an in-built, shock-proof bullshit detector. All very nice with hindsight, mind.

The beauty about this game is that you can 'only' lose 100% while making multiples of your money with the Inland Revenue allowing you to offset the losses - assuming you do that correctly, which is why it's important to check the IR has approved PTG as having nil value. My record of compounding is very good :)) yet highly volatile because I have taken some hits amid the multi-baggers.

I agree, it's still worth pooling a few points from hard experience, which directors over-egg prospects.

Good luck in 2006!