I am with you X. I have been a knocker of clough since its profit debacle but now see them as a recovery stock. As you say movement in last few days is agressive buying.
I dont think Clough keep the market very well informed so I hope they up the ante in that area,. I heard their problem contracts from late last year are pretty much complete which means there should be no long term affects on profit. I also believe they can gain some of the reported losses back via negotiations with the clients which would actual improve profits even more so. If Clough can turn around profit and dividend payments to previous levels I think we will see Clough up in price very quickly.
I dont hold yet, but am considering strongly.
acturtle
CLO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held