The View From the Montana Log-Cabin as Gold edges higher again and Gold Stocks Maybe Register a Bottom
'Infection prevention products' company Tristel (TSTL) has announced positive performance against expectations and confidence “for strong growth in the years ahead”. Why then are the shares, at 620p, currently more than 6% lower?...
A “trading update” announcement from infection prevention and contamination control products company Tristel (TSTL) yesterday morning saw the shares down approaching 16% at 563p as I then wrote. What then of CEO Paul Swinney having since purchased shares at 572.75p each?
A trading update from infection prevention and contamination control products company Tristel (TSTL) includes “surface disinfectant product sales have continued to gain market share and UK sales for this product range to end of third quarter were £2.3m, 47% higher than in the same period last year” and “sales of our 13 overseas subsidiaries and to our international distributor network have increased by 7% over the comparable period last year”. So why are the shares, at 563p, currently approaching 16% down?...
What is noticeable about the daily share price chart configuration of Tristel (TSTL) is the way that the shares bear most of the hallmarks that one normally sees in the most bullish and sustained rally situations.
With Crufts, the world’s greatest canine show, done and dusted and celebrity TV dog agility over for another year what better company to feature for this month’s Stock Ping than Tristel (TSTL).
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