Well it’s been a terrible day for investors of Haike chemical. The recent RNS (although confirming the Blog posting of 18th Jan’ 2011) has gone down like a lead balloon! I have a strong feeling that the rise of recent months, fuelled by TO rumours and back to profitability forecasts, hasn’t lived up to investors expectations. Looks and feels like there has been a huge swathe of profit taking today, as investors locked in profits. There may well be some back-ground noises re’ the recent TO whispers. I will of course put the feelers out to one or two chaps. The 150% gains are now down to approx’ 80%!
The Blogs forecast of 100p this year has certainly suffered a set-back. But rest assured they will (providing there are no skeletons in the Haike cupboard) move up once again this year! And remember no investor ever went bankrupt taking some profit!