Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I first covered Amara (AMA) in February this year, denouncing the behaviour of the management. Back then it was trading at 42p. Today’s share price of 30.875p represents a nice return on the short side so when it again hit today’s list of 52 week lows my first question was: is there room for more?
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