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.
Last week I wrote on a “Major Customer Update: Loss of Contract” announcement from Surface Transforms (SCE), ‘shareholder wipeout ahoy’ concluding, as the shares crashed towards 0.15p, that hopefully prior warnings here were heeded and natch still a sell. The shares most recently closed at 0.115p, and what of, at 12:35pm today, a “Contract update, suspension of trading and NOIA”-titled announcement?
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