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.
Shares in scientific instruments designer and manufacturer, Judges Scientific (JDG) are currently down a further more than 15% today, at sub 1300p, on the back of the company’s results announcement for the first six months of the 2014 calendar year. The following updates my view after I warned back in January that a then more than 2200p share price looked to reflect much good news potential but leave little scope for any potential adverse turn in trading or sentiment.
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Comments
J P Spaghetti
Looking at the longer-term performance of Judges’ SP (over the past few years), though, after R & D budgets had been decimated globally (even the outfit responsible for developing and maintaining America’s defence hardware were hit hard – that’s about as reliable a barometer as is conceivable!), should only inspire confidence in the underlying ability of the head honchos in this uncharacteristic beacon of the founding spirit of AIM. I’m sure there is much merit in your article, but if there’s a significant dip within the foreseeable I may well give serious thought to dipping a toe.