Below is a list of stocks that are either overstretched (overvalue) vis-à-vis fundamentals over the medium term or the fundamentals are non-existent.
Businesses with non-existent fundamentals and “sky-blue” promises tend to use RNS and other mediums to tout things that are unrelated to operational progress.
They overpromote to attract investors. In some cases, they buy the stocks or get their friends to buy the stocks for validation of the company.
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