By Steve Moore | Tuesday 3 March 2015
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.
As its shares soared on a December announcement of German court approval of an application from its principal operating subsidiary for a procedure similar to ‘Chapter 11’ in the US, with the objective of “the reorganisation and continuation of the subsidiary”, I warned on shares in Hightex Group plc (HTIG) – see HERE. I was 100% Right.
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