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.
A year ago, I observed that there had been a “strong update from Lok’nStore (LOK) but, but, but…”. I have never personally used a “self-storage company”, but lots of people regularly do. And I see that the group’s headline comment from today’s trading update is talking about “momentum continues”. Why is the share price down about 25% during the last year then?
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