Good to hear from you, hope you are keeping well. Certainly a volume spike today, but it's extremely puzzling trying to decipher which of the trades are buys, sells, or ?. I don't know if the info is deliberately presented like this to confuse the private investor, but I'm adding this to my watchlist!
Don't like fundies on this one very much, they have managed to progressively lose money over the past 3 years and debt has increased. They have also recognised 'difficult trading conditions' which doesn't inspire me with any confidence, however I bow to your superior knowledge and the 10% bounce in trading today cares not for any fundamentals.
I sometimes wonder as to the worth of Journalists and analysts views :-
Teather and Greenwood offered us BAe Systems as one of their top ten for 2001 and Investors Week recently heralded Matalan and look what happened to them this week......
I like VLK very much.
For a recovery play Iraj you might like to take a look at (IMG) fundamentals are A1.
Do you think after the recent sell off and volume spike today that (AGS) offers a trend reversal ?????
Thought I would bring this back to everyone's attention. The last couple of days have seen a bit of action and the price has started to move. Big trades going through. What do the charts say? Could be worth a punt. Any suggestions?