Member Info for Halifacts

So I just looked it up and found this:

The 200-Day SMA
The 200-day SMA, which covers roughly 40 weeks of trading, is commonly used in stock trading to determine the general market trend. As long as a stock price remains above the 200-day SMA on the daily time frame, the stock is generally considered to be in an overall uptrend. One frequently used alternative to the 200-day SMA is a 255-day moving average that represents the trading for the previous year.

But, to me, this seems dangerous as all it gives you is 'stock price is currently higher than the average over last 40 weeks'. The rest of it looks like 'buy high, sell low'. There must be more to it.

OWLS

I said a 'good look at that simple rule', not a fleeting glimpse. Try again. I'm sure this time the penny will drop.

OWLS, just take a good look at that simple rule again for us. I think the reason for bigpunt's comment may become clearer to you. :-)

Will be interesting to see, bigpunt. I just wonder if, with the price being so low now, one or two might take a chance and push the price up a little, even before any announcements. I and many others cannot see a market justification as to why the price is suffering so much so I'm hoping it's bottomed out just above the £2 mark. Went up 8p on Friday so here's hoping.

PFG IS having a good rally but your numbers don't stack up against this SP. Are you posting against the right company, Barrie? Prov in the name, Prov in the mind?

He was just a stats guy who completely failed to account for the major shake-up that was (and still is) taking place. Not only that but he failed to understand the make-up of the company itself. So many saw PFG as the Home Credit business only - this I think is the main reason why the company has been (and still is) undervalued. You never know, he might have sold at 3.50 and bought back at 3.20 - hope not :-)

Judging by that response, I won't lose any sleep.

Kewjosh - is there an FCA investigation going on at the moment, and which company are they investigating?

If it is Vanquis, CEL or Moneybarn then it might be worth considering. But if you're referring to the CCD investigation, then I really can't fathom what you're trying to say because that ship sailed back on August 4th with the High Court judgement on the Schema of Arrangement.

2heded, thank you for warning us in your first sentence about the rest of your comment.

Agreed. I'd be stunned if Amigo's scheme doesn't go ahead, and subsequently PF's.

See News section of PFG's website. Looks good.

DYOR. Clearly some haven't :-)