RE: Rich62 - YourMessage to Me19 Jan 2021 17:58
Thanks Pernix.
I expected share price to break new highs today, especially after yesterday getting to 112p, so with the unexpected fall first thing, ended up selling as I couldn't bear to see my profits draining away again like they did after the HY results.
It wasn't what I planned to do, but you have to adjust for the market - no point fighting it.
This market never fails to surprise - for some reason a lot of investors seem to want to buy bombed out stocks in airlines, pubs, retailers when they haven't been earning for best part of a year???? Personally I don't get it, unless you want to hold and hope they recover in 1-2 years time. Why not buy a stock like PFD that is already performing?
That said I'm soon that the PFD recovery news will be picked up by brokers and media and this share price will lift off with new buyers flocking in..
Before they do, I'm hoping it will drop to around 90p again, so I can jump on board!!!
All the best! Rich