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14/12/17
20:16
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Originally posted by Ivanovich
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Getting ugly now with the 43.5 close. Never buy in a downtrend as may be a value trap. Best to wait for results in Feb as market is no longer interested in management commentary. Why ? Well when you sell people a great story with an upgrade the week you list , followed by two more , then the sell down before the downgrade the market works out it was all contrived from the very beginning. Great for those in early that sold out but not for committed investors that backed management. There's rage in the stock now.
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Why all the negative talk? No news has come out for the past month now, and we knew this would be the case.
Either sell and get out and enjoy a slightly smaller Turkey this xmas, or just wait till the next announcement.
There are only few sellers pushing the price down, no need for a full blown panic, especially considering Forager and Discovery are involved.