Displaying over recent days all the traits of a stock on the brink of delivering results, and hopefully good news on the new business which this one is all about.
There must be some sort of reason. Results are expected to be bad but unimportant as I understand it (???). Even if they were very bad then so what. What else is being expected ?
The company will show a loss for the year (on the old business) but iTs the new pre paid card business which is the growth driver here, well that and the stash of cash and Jim Mellon and chums aboard.
Is it time to buy yet? Been watching for a pullback for months. Now woirth less than it was at turn of year. If it has a future it might be entry time?
Fopr those of you who think about following good old Tom (splendid man that he may be), pplease get a hold of the infamous OLLY INNY Interviews. GOOD OLD TOM KEPT SAYING BUY WIGGINS ALMOST UP TO THE POINT WHERE IT WENT BUST.