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.
Whilst shares in AO World (AO.) are currently up nearly 10% today as I write, the apparently “leading online electrical retailer” continues not to make an operating profit and has fallen into (admittedly slight) net debt, since corrected by a placing, I have not been a fan of this name for years and years, most recently back in early June when the stock looked a clear avoid at its then 72p share price. Despite today’s share price rise, it is now at a c. 45p share price level and still an Avoid for me. And talking about shares I have avoided for many years, how are those of Rank Group (RNK) getting along?
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.
Filed under:
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Time left: 13:05:45