You say your not a deramper,buy have you ever said anything good or optimistic about this share,without then tarnishing it?One other small point,maybe I'm missing the point of share dealing,you say SOME shares are a gamble???????,erm? Can you point out a share that isn't???.? Or maybe your just playing with Monopoly money,if so,run along&go to jail
I had thought about buying in again a week or two ago when it was 129 but passed - like you just as well. Looked at the chart on this today though and see these sub 120 predictions were right. Will keep an eye on it from here for entertainment more than anything as I have gone to other pastures but have fingers crossed for all these holding. If the company comes good in the end then anything under £2 will seem like a bargain. PFD sure is one hell of a rollercoaster.
I mentioned about 2 months ago that I would, only, be interested in buying back into PFD at £1 or below. I still believe that this share has a lot of potential but there appears to be unknown forces steering it. Some shares are a gamble and PFD is top of that list. It will either make you money or completely knock you for 6! Tread carefully....
Well I thought about topping up a little more myself the other week but decided not to, just as well, we have now seen a drop of approx 36% since the £1.84 price only weeks ago. not sure how far this will go down to but who knows £1 could be in it's sights.This still has good prospects and December will be a big profit time for the company so I see these coming back to the £1.60 - £1.90 level by end Jan. Time to top up about the £1 - £1.10 level and then just sit tight.
Market forces are at play. Last week it actually traded over £1.40, but could not hold onto gains. Subsequently on a daily basis it has risen, sometimes strongly, but not held onto gains. As a ''rule of thumb'' in these situations, shares fall more than they should, but when they rise, they rise more than they should as well. Can see a strong recovery!!!
Can any one see a reason why these shares are dropping? no news since the last statement which didn't seem too bad yet still dropping. Hovis problem is being tackled Supermarkets seem full of PF goods ready for Christmas yet the price just keeps falling.
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