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.
Following on from my earlier piece on my bear pick for the year, Nektan (NKTN), today’s trading update indicates that it is unravelling faster than even I imagined.
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