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Ovoca Gold: Time to cut losses?

Tom Winnifrith
Wednesday 14 November 2012

I recommended shares in AIM and Ireland listed Ovoca Gold (OVG) in my t1ps.com days (in this case in October 2010) at 30.75p. They rose to above 38p in December of that year but have consistently fallen back since – hitting 10p in June of this year. Currently trading at 12p, I apologise for a recommendation which has clearly not worked out to this point. Perhaps it is time to cut losses? Or is this a red hot penny share in the waiting?

on TradingResearchPoint | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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