By Steve Moore | Tuesday 27 March 2018
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.
A Trading Statement announcement from Quartix Holdings (QTX) commencing “the board reports that trading for the two-month period to 28 February 2018 was in line to deliver management's expectations for the full year. The company has made excellent progress in its core fleet business in the USA and France since the start of the year”. Sounds fine then, but what?... the shares currently more than 10% lower, at around 340p, in response? Hmmm…