dont blame you Master. I was also optimistic on this company when I first started buying but I feel enough has changed detrimentally that I began selling my stake a couple of weeks back. The thing that tipped me over the edge was when one of the Directors started selling a few weeks ago after an announcement was made saying that the worst is behind them. This sends mixed signals to the market and a bad signal to me.
Although they may still have good prospects, there are a few things that I am not comfortable with.
1) I think the management are left a lot to be desired
2) Dilution and number of shares on issue
3) It gets sold down at every opportunity, ie as soon as good news comes out it gets sold into
Some may say that it will turn around, I hope it does but this is not a stock I feel comfortable holding in large amounts any longer. Just as an example I hold EXT - when I compare the quality of management between the two companies I am left questionong myself why I hold any NEO at all. The only reason is because they have potential.
NEO
nuenco nl
