Full Article available at www.independentresearch.com.au
Can these fallen small-cap angels regain their wings?
One of the trickiest aspects of investing is deciding whether a fallen angel will ever fly again.
If they do regain their wings, the rewards of buying in at distressed levels can be enormous. But as they impress on newcomers in Masterchef safety briefings, trying to catch a falling knife can be highly injurious.
As per tradition, the red ink flowed liberally at the tail end of the profit reporting season (especially on Monday and Tuesday of this week, the last two permissible reporting days).
08 Sep 2021
The New Criterion Weekly Journal
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The New Criterion Weekly Journal
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- Published:
08 Sep 2021 -
Author:
Independent Research - Pages:
Full Article available at www.independentresearch.com.au
Can these fallen small-cap angels regain their wings?
One of the trickiest aspects of investing is deciding whether a fallen angel will ever fly again.
If they do regain their wings, the rewards of buying in at distressed levels can be enormous. But as they impress on newcomers in Masterchef safety briefings, trying to catch a falling knife can be highly injurious.
As per tradition, the red ink flowed liberally at the tail end of the profit reporting season (especially on Monday and Tuesday of this week, the last two permissible reporting days).