Although it is slightly disappointing that another placing has taken place I think we need to remember that NR is managing an on-going situation here which is changing over time. Very few would have predicted the extent of the severe decline in the poo and NR is taking the necessary safeguards to keep the company running efficiently and to keep the investment programme on course. Whilst disappointing it isn't a big dilution in the big scheme of things and it should set a support level for the share price in the short term.
Earnings did not show a pretty picture for AOL, Inc. (NYSE:AOL). The stock is tumbling today after missing profit estimates. While down big on the day, it does not mean AOL, Inc. is a good buy. In the same respect, it does not mean it still has more downside. To determine where it is going, we must look at the chart and find the key support level where reward becomes large while risk is diminished.
When analyzing the chart of AOL, Inc., it is clear the stock has more downside to go before it hits significant support. In fact, if you look at the weekly AOL chart, there was a great bear flag that formed, triggering to this epic collapse today. It is amazing how the charts can predict a move like this in AOL, Inc. Where is the significant support? The first AOL, Inc. level is at $29.45. This is where large institutions start taking note and looking to accumulate.
The City has switched into overdrive, the London Stock Exchange has revealed, with money raised on the Square Mile’s markets almost doubling so far this financial year. The LSE said the total cash raised in the 11 months to the end of February was £28.3bn, compared with £14.8bn in the same period last year. This equates to a 91% increase in the financial year so far, with the number of new fundraisings or stock market floats soaring to 162 from 107. - The Daily Mail
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