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.
In June last year I commented on manufacturer and specialist manipulator of pipe and tubing assemblies Tricorn (TCN) updates on ‘COVID-19 disruption’… but struggling anyway?, concluding with the shares at 7.5p that its financial and trading conditions saw me retain prior caution. I most recently warned last month, concluding it remains good luck from the noted trading and financial situation! Natch, still bargepole. At 7:45am today the shares were suspended “pending clarification of the company’s financial position”. That hasn’t taken long…
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