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WANdisco – prudent to lock-in some gains I suggested, now directors do… and a placing

By Steve Moore | Monday 4 December 2017


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 previously wrote on WANdisco (WAND) last month as the shares rose further above 800p – suggesting, with forecast losses and year-end net cash of $7.1 million, that despite the growth potential it significantly market sentiment bullishness which saw the shares at those levels and, with this famously volatile, that after the ride so far this year here it prudent to lock-in gains. Today a placing and director share sales…


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