Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Following an announcement disappointing in both content and timing (6:10pm Monday), shares in Reach4Entertainment (R4E) currently trade sharply lower at 1.15p. The statement does not read well but maybe the market has over-reacted.
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Comments
Sam
Hopefully one day you will call this one right!
Barry
Reach4Entertainment Interims – buy at up to 6p
Shareprophets Tip of the Week – R4E at 4.75p
Says it all.