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.
Shares in digital inkjet printing technology company, Xaar plc (XAR) plunged 37% to 231p yesterday after ots latest profits warning. Should you bottom fish? Don't be silly.
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Comments
ADVFNPrep
The £115-125 M forecast dated from August 28th. The fact this forecast is revised downward further pretty much a month later tells me September must have been really dire. Since trends tend to continue, Id stay well clear.