EVS 0.00% 5.4¢ envirosuite limited

Yeah really interesting risk to take for a low potential...

  1. 1,125 Posts.
    lightbulb Created with Sketch. 326
    Yeah really interesting risk to take for a low potential financial
    gain. It can only drop 16 cents but the skies the limit for upside
    potential if they start hitting their targets. The flip side is potential
    losses could be enormous if they get it wrong. A low priced company
    allows plenty of small retails to buy in and hold if they believe in the
    long term story, effectively choking off supply from shorts obliged to cover.
    We’ve seen GameStops massive price spike based on a bunch of well
    organised retails and Game Stop isn’t exactly kicking goals in the States.
    Those hedge funds took an absolute hammering after getting out manoeuvred
    by the little guys for once. Shorts bet against companies and when they get it
    wrong it’s pretty simple, they pay. Hopefully some Insto starts to buy in and
    show some faith and get the ball rolling. Half year results 25th Feb from memory....
 
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