There was a good article in this weeks Investors Chronicle (31/12/2015) by ShareSoc Director Mark Lauber on how to weed out those small cap companies that will prove to be disappointing investments. Here's one quote from it:
"If you don't mind throwing some babies out with the bathwater, just eliminate all resource stocks and all foreign stocks from your AIM portfolio - you'll protect yourself from a lot of losses with this simple step."
He mentions one resource company he invested in that ...