one could learn a lot from Simon's Top40 momentum portfolio from this when ASR, AVI and the rest fell more than 20%.... I do not think I would have held all the way, but the strategy is till end of the year and it turned out ok. I know it's 2 different things....
Click , click ,click.....you can average all the way down to 0 cents....but you can't blame the directors for your losses if you become emotionally attached to this share....exit strategy , purely mechanical
Wayne Sampson's purchase is nothing if not a clear sign of desperation. These guys have been watching their share portfolios instead of running their business. The sheep will follow Wayne and buy but ultimately the market will send this share down to the 500 mark.
agreed. Directors are at a loss as to what to do. I'm very curious to see as to whether WS's buy would be construed as manipulation of sorts. I dont think the analysts are going to view this action positively.