Prophet
- 16 Jul 2003 22:08
Anybody got any thoughts on when to pull out of Alexon? I can't see any downside yet but I have a stop loss at 285p to lock in my profits.
tangellion
- 06 Nov 2006 10:38
- 4 of 4
Until recently some big corporate investors were getting rid of their Alexon stock causing the price to plunge. They have now disposed of all their stock and hence the price is starting to bounce back. I personally believe the big corporate investors have been over-cautious and despite the recent poor results the price is now way below what it should be. Other investors obviously agree, hence the bounce back.