Yes, you are right. FatProphets has recommended a number of stocks and almost all of them are very sick. These stocks are COK, SAE, AND, AZS, CXC, OEX, CNT, SBM, CVN and MUN.
I had some believe in SAE, but as you are aware under big selling pressure from some big shareholders the SP has moved down quite sharply. I had some holding, and had to sell on technicals when the SP broke a very strong 30c support level, eventually I sold at 27c and that time (3 weeks ago) I could not believe that the SP can cross a 20c level in 20 days. Another problem with the SP moving down that there is no support from the company as it stopped to buy back shares for the past 2 weeks. At this stage it is not clear where the bottom is as the trading volumes has started to increase and the SP is trading at the lowest levels in the stock history.
SAE Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held
