I lost more than 15% of my savings in YOW so take comfort in knowing you are not the only one who has made a bad investment. My opinion is you've just got to hold on now. I don't buy that it won't go below 14c purely due to that being the cash backing (I would if they were making a profit not a loss each quarter) but I would be surprised to see it go too much lower.
The 2 big warning signs I'd be looking out for are:
1) Any further decline in US sales. All these expansion plans are nothing without a strong US market. When I first got into Yowie, management were always going on about how US is their number 1 focus and other markets were not on the radar. Once they pushed into other markets and starting going quiet on the US that should have been the warning sign for me to get out (Was about $1 then)
2) If ANYONE from management asks for bonus shares in the quarterly. This would signal that we have our 3rd wave of leaches in management and a big red light for me. However if they ask for say $100,000 worth of shares only when the SP hits say 50 - 60c then I would see that as a good sign.
As far as the big investors that have recently joined, I don't think they will bleed it dry or anything, but I much preferred when the big holders were trusted funds vs these guys.
All IMO of course so take it with a grain of salt
YOW Price at posting:
14.5¢ Sentiment: Hold Disclosure: Not Held
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