Great post mate, spot on!!! Shares don't fall, so they can rise instantly. These shares fell for a reason, whilst Poundland has the potential to get things right, it won't happen in a hurry.
Store managers know about a particular store, not the company as a whole. They certainly have no idea about what makes the institutions that influence share prices, tick. I would not touch this until it is way below £2!!!
agree about the number of shops etc. But like I said, the comapny is not high profile and it would appear private investors had not done there homework first. Put another way, ''they tried to get in with the big boys'' that is the institutions!!!!
issue price was crazy. To be honest, who on earth would be mad enough to pay that for a company not in the mainstream. OK the public know Pets at Home, Poundland and most of all Royal Mail and I can see why people were taken in by these, as they are in the ''mainstream'' But who the hell had heard of HSS?