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 industrial energy and water efficiency products company Eneraqua Technologies (ETP), at the end of August with the shares down to 77.5p I concluded that I continued to lack confidence in the forecasts and wondered how “solid” even the 11th October-expected half-year results would be. The company states that it is now “pleased to announce” those results… so what of the shares, and from a most recent close 92.5p, currently down below 40p?!
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