Urgent: update on today’s recommendation
14th January 2021 |
This note is to let you know that we’ve put on hold the recommendation that was supposed to be published to you.
The reason is that over the last two days the stock that I was going to recommend saw an unusual increase in price and notably volume without there being any announcement or news release from the company.
This took volumes to a point that gave us sufficient reason to pause the recommendation as part of our internal processes, checks and balances.
We always keep an eye on unusual trading activity in stocks prior to us publishing them. If that trading activity reaches a point that gives us reason to pause the recommendation, then we will do so.
I’m sorry it’s come to this, but I don’t want to send you a new recommendation that’s been inflated in price and seen a surge in volume for no particular reason.
It’s possible the reason for this late surge in volume and price is in relation to other coverage and analysis of the stock by other investment firms. It may also just be a coincidental rise in price and volume that we could have never predicted.
However, in the interests of ensuring you’re not overpaying for the stock, we’re indefinitely putting the recommendation on hold. If things don’t change, we may not publish this one at all.
In that situation, I will expect to get you a January recommendation as soon as possible. This won’t impact the publishing date of your February recommendation in the second week of the month.
Again, apologies, on the delay, but we must ensure the integrity and compliance of our recommendations and that your best interests are considered every step of the way.
If you have any questions or concerns around this, feel free to email me as per usual.
Regards,
Sam Volkering
Editor, Frontier Tech Investor
