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.
I most recently warned on exquisitely addictive cash burner (Oops, I mean “ultra-luxury British brand, creating the most exquisitely addictive performance cars”)!, Aston Martin Lagonda (AML), just last month, with the shares then falling towards 100p, with I concluding to not have much confidence in the argued “expected” outlook improvement. Now Executive Chairman Lawrence Stroll emphasises that a “proposed investment further underscores my conviction in this extraordinary brand, and commitment to ensuring Aston Martin has the strongest possible platform for creating long-term value while reducing equity dilution via this premium subscription, which should greatly reassure shareholders”. The shares have responded up in response, but what about that to currently still just around 70p?!
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