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WATERMARK PLC: Falling knife or bargain tip stock? (WMK)     

bonfield - 21 Jul 2006 12:50

After years of being heavily touted by certain tipping services, WMK has fallen rapidly from grace. Is it now at bargain levels close to multi-year lows or just on a ledge and ready to drop further.

A quick glance of the last accounts showed a bit of a cash outflow but no horrors apart from that. Cash in bank and debts of a manageable size, anyone care to put a value on it?

P.S. I don't know how to post streaming charts btw so feel free.

moneyman - 31 Aug 2007 14:40 - 5 of 10

Moving up nicely today.

moneyman - 03 Sep 2007 12:04 - 6 of 10

Bid up on PLUS this AM.

moneyman - 02 Nov 2007 16:03 - 7 of 10

Buyers now coming in after a vicous drop.

moneyman - 05 Nov 2007 13:08 - 8 of 10

Interest now picking up at this low level.

moneyman - 07 Nov 2007 12:32 - 9 of 10

Some serious price action today.

diydave - 07 Nov 2007 17:00 - 10 of 10

But why? I contacted my broker who got me in originally (at 160p!!!). He remains strongly against averaging down even at this 10 to 1 ratio. Shall watch with interest tomorrow. And probably kick myself for missing an op. but even if I double my investment, I still need a double to break even.......
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