numnum .........19 Jun 2012 23:55
Yes, I agree that this stock is undervalued ............. I invariably buy recovery shocks and mostly hold long-term with a relatively 'high' target price in mind. AMER may well rise over the short-term too, but not to the levels that I would sell at, hence my long-term strategy.
Incidentally, I don't take much notice of small directors' purchases like this one of only about £3,000. Substantial directors' buying is, of course, very significant , but even isolated large purchases are sometimes done to boost interest , sometims artificially, and therefore to boost the SP.