This is what I wanted nice sensible answers.... debt and pension plans in place and profits expected to be as expected. So what is sending the sp to these levels. No short positions that are showing, possible dregs from RI being offloaded but on the whole no notification of any institutions offloading. Volume starting to return but is it just the mm's activating the stops to keep the stock liquid. And other than the slightly lower sales notification no bad news. This will have one almighty bounce or we will find out otherwise the cause of the drop is ..... holding on but its bl***y hard. At least its not just pfd
I agree highly unlikely, although fully underwritten, underwriters may well have got lumbered with shares that they did not want. This is a real mystery to most on this board. Even with the debt+pension problem, share price should not be this low, especially where there is little signs from the company. Can't see how Ukraine, ISIS, ebola, europe etc has a direct effect on PFD, global stocks definitely. Another reason could be fear itself creating more fear i.e. as the fall has been substantial, this itself is driving fear. Hopefully all will be crystal clear in a few weeks time.
As per details outlined by balbir_007. However, the large investors seem to still be in ''gamble mode'' ie gambling against a profit warning being made any day now. There is not going to be one and hence a recovery may begin as early as tomorrow!!!
Can anyone give any reasons for this share to be at 29p ...... I know about the markets in general and supermarket wars but to be down for 9 consecutive days is a bit much even for this share. Could there be a large trade being executed or is the share being shorted. Only serious answers please
we have buy ratings from most analysts stating this stock is undervalued with potential upside of 100-150% and yet it is relentless in being pushed down. When will it stop? only thing keeping me sane is the fact that most stocks are on their knees
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