Thanks for the reply. I've compared the PFD and TSCO charts a few times recently and the correlation is quite something. At some point though I would imagine that chart is going to have to separate out. Tesco is going to struggle to get much above 300 IMO and also take a while to get there. Even if PFD tracks that it would still leave it pretty low - far too low for most of the people here (though I'm not sure there are many holders now). Well done on the 40% profit - looks like you and me are some of the few people to make a profit off this share. It pays not be greedy sometimes and looks like you did the right thing on selling for now..
Hi Jules, to see where it goes next have a look at the share charts, select 1 year and compare to TSCO. Tesco is PF's biggest customer so not surprising the shares track closely. Tesco seem to be fighting back so "could" be good news. I bought in at 32p and bailed out a few weeks back at 45p as predicted the slide after the results. I expected this to dip back down to low 30's but I may be wrong as Tesco is up today on the back of the results. I still have some sharesave options in the low thirties so not all lost if we do start to rise :-) And can't grumble at the 40 odd % profit either
The SP was back there on the Tuesday three weeks ago. The interesting thing is where it goes next - will it bounce back above 40 like last time or drift to the low 30s as some predicted a few weeks ago? Tomorrow might be interesting.
I wonder what happened to Kipling? He hasn't posted here in a while. I was wondering if he was still holding these?
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