Amigo shares back and spiked: still a monster short
At 4.05 PM yesterday Amigo (AMGO) announced that the High Court had approved its reconstruction and revised new business scheme. With the FCA having withdrawn its opposition to the scheme, following revisions, that was no shock at all. And seeing the shares fly to 9p at the open was also no great shock given the utterly insane ramping by Bulletin Board Morons and others of this Parish who should know better. But the shares are now back at 7.5p and are a fabulous short.