Precisely! GRG movements are slow and steady. It's stellar performance so far this year has exceeded most broker expectations but it looks set to continue. Personally think it is due a breather and correction given the performance of similar outlets and other 'Food & Drink Service' stocks but the trend hasn't peaked yet. Do you manually trail or does your investing account allow for automatic trails?
15 May '15
Why sell when it keeps rising? Trailing stops are wonderful things :D
15 May '15
Tempting to take profits after being patient but think 6 months ahead, where will Greggs be.. still making tasty profits! :)
30 Apr '15
Greggs serves up a special dividend: Questor last got its teeth into Greggs, the high street baker best known for sausage rolls and pasties, in September last year. The company had just delivered a trading update in which it forecast profits would be “materially ahead of expectations” on the back of rising sales, as Chief executive Roger Whiteside’s strategy of updating its offering in the face of competition from coffee shops and supermarket convenience stores began to bear fruit. The announcement triggered a 12% one-day increase in Greggs’ share price and sent brokers rushing to upgrade their positions, having previously taken a dim view of the FTSE 250 business following a run of profit warnings over the preceding 12 months. Greggs at £11.15 +39.39p. Questor Says “Hold”.
29 Apr '15
You've got to love a special divi. Only around £40 for me but that's £40 I didn't have yesterday and there's a good bottle of Scotch with my name on it now with which to toast our sales staff and customers.
22 Mar '15
Ignore the pundits who didn't call this rise in the first place! Greggs is in high demand and for good reason http://www.iii.co.uk/articles/230647/fast-growing-greggs-overcooked
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