Hi ralom. I've observed most stocks that sell, initially, on their promise often go through a phase later where the SP hovers at a low, this is just the way it is. And Admedus certainly burned through that good will pretty fast when they were trading at 18c pre-consolidation.
Retailers, intos, etc all get board of the story after a while, no matter the stock. And most stocks don't kick goals for years, if ever.
I think AHZ could be on the verge of a turn around, but all the right moves need to be made now. Market wants to see deals being done with cash backing and CF+. Nothing else will suffice and it is still not certain. So this is why I classify this as a punt for the brave hearted (or, perhaps, careless).
But that SP ain't gonna move until that happens. Sadly.
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Hi ralom. I've observed most stocks that sell, initially, on...
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