The fundamentals are as strong as an ox.....
Thats exactly the reason we dont buy on fundamentals.
The insiders have already dumped their shares as the price rose to 38 cents. 4 months on and the price has just about halved and we talk about the fundamentals being strong.
Hold on to your shares and wait because the fundamentals mean it will turn around.
This is staring down the barrel of 15 cents at the moment, and that is a huge loss to anyone that bought in the high 30's.
I hope this turns around for the many that have bought at higher prices, i just hope this example is a learning one as to why not to buy on fundamentals alone.
cheers
technicals, page-3
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