Yeah, unfortunately those losses haven't gone away!
she ran hard in August 14, but couldn't break the down-trend that began in June 12 (SP $4.51) and continued until October 15. The monthly EMA is still trending down and now sits just shy of $1.00, so wouldn't be regarded as being in a bull run until it clears that. It has consolidated near long term support for six months and is now well placed to build on the dividend paying / cheap characteristics. I think the market is also wary of the markets adage that anything that yields over 10% DOESNT!
Hopefully ACR's past performance is NOT indicative of future performance and we will start to see Axiron sales turnaround and other channels and markets come on stream!
we could do without days like Friday too!
Wazz
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