Prospector
- 16 Mar 2006 20:37
Took out a position on Huntsworth 6 months ago as a recovery play. Thought their problems where behind them, with improved numbers and a merger improving their market position.
However since then the shares have dropped some 20% and a short term recovery does not look on the cards. I am thinking of dumping these and putting the cash into something different.
Am I missing anything here ? - would appreciate any views.
Prospector
Prospector
- 18 Mar 2006 07:47
- 3 of 3
Partridge
Many thanks for taking the time to pass on your views.
Have completed a bit more research, and am slightly more bullish than previous. Agree with your sentiments re people business, especially as I have a number of friends in this line of business and they spent more time talking than acheiving anything.
However looked at brokers recommendation of this stock and of the two that cover them , one has a buy, and the other has as a strong buy, so as you say I will probably hang on to the next results and take it from there.