By Steve Moore | Monday 30 January 2017
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.
Previously writing on Torotrak (TRK), I concluded that the shares were a sell at 5p on the back of “Trading Statement” announcement which was actually a ‘commercialisation delay’. I now write with the shares, on the back of a “Strategic Update, Group Refocus” announcement, currently circa 45% lower today, at around 1p!...
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