RE: Some thoughts13 Apr 2014 14:15
thanks for a thought provoking post.
I think the early investor selling is the more telling point, I observed the selling started immediately and continued until it reached about 76p, no doubt compounded by a few stop loss trades. It seems to me it was in weak hands before it was listed. Since then it has moved down very slowly, like a lot new shares with no new information.
Good director buys and no negative 'changes to holdings' of II's, are both positive signs , but I agree with your point about not buying until move upwards.