All of these new products but yet we still fall...... cant wait to see the end of next year figures (if my nerves can last that long) I'm expecting good things ........ just dont like the current directon
But just to once again hammer home the point of how volatile shares can be. London mining are now over 6p ie This share fell to 0.12p only 3 days ago and now it is 60 times higher!!! To the point, I feel PF is wildly oversold, there are concerns which when addressed will see the SP fly.
London mining are now 3.5p!!! They were 0.12p on Tuesday!!! A 35 bagger!!!. The relevance to this BB and the point being made is stocks get oversold and wildly so. There is no reason why PF cannot surge wildly, given the fact they were trading hands at £1.70 with a rights issue confirmed.
Frequented my local tesco's for my sins (hate them) and purchased a granary loaf of hovis and I must say it tastes fantastic can anyond enlighten me on the stake we have in them and roughly how much this is worth. I seem to remember over 50%.
This is starting like a bargain might start stake building very soon.
This stock is just showing us all how crazy some shares can be. Shares as a ''rule of thumb'' fall a lot more than you would expect, rather a lot more than they should. Equally they rise a lot more than you expect or a lot more than they should. I'm biting myself becase I didn't pick up shares in London Mining on Tuesday when they fell 98% to 0.12p Today they are 2.25p!!!
Personally I do not think they could be more wrong the ftse and Dow are going to tank at least 30-35% in the next year. IMHO people will move into defensive stocks we just need pfd to get more stable with the fundamentals.
20-23p will be a bargain here and near term pfd always follows a downward move in the markets
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