By Steve Moore | Friday 11 September 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.
With its shares at 1528p, I previously concluded on designer and supplier of high-technology tools and systems, Oxford Instruments (OXIG) that there looked precious little margin-of-safety and that risk/reward looked unfavourable to the long tack investor – see HERE. Following also more recent warnings from Zak Mir (see HERE and HERE), I now update with the shares at sub 650p following an “AGM Statement” earlier this week…
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