Richard Jennings, the founder of Spread Bet magazine, has a mischievous streak.
He has challenged stock-picker Tom Winnifrith to a share-tipping competition, so Winnifrith can show why he is worth the fees he charges the public.
The terms of the three-month trading contest are a £50,000 buy-in, with weekly P&L disclosure through a live spread-betting account.
But Winnifrith, sadly, will sit this one out. “No tipster worth their salt is going to give out their tips for free,” he sniffs. “I realise that Spread Bet magazine is devoid of interesting content, but that’s not my problem to resolve, is it?”
That the best you got Tommy? Lol! The likely real translation - “I’m too scared to step up against Richard and show that I am worth a poxy 5p let alone £5 per month for my “tips” and don’t have £50k anyway!” Additionally, isn’t your “Prophets of Perpetual Doom” site doing precisely that - giving tips away for free?
To be fair Tom does his best to steer investors away from the AIM cespit - however in my opinion (and this is just my humble opinion) he was a little unbalanced in his recent Wood Review Xcite article - the article appeared to be very selective and unbalanced - my personal sesne was that there was another agenda at play (but then again what do I know).
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