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Findel - Shares spike up on institutional buying

January 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • FDL
  • Price:
  • 9.01p
Shares in Findel shot ahead helped by some aggressive institutional buying; a purchase of 7m shares at 8p was followed by a bigger purchase of 35m shares at 8.5p some days later, each time at a premium to the prevailing price.Higher levels look likely; keep buying. ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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