Yup, I sold some yesterday at 4.20pm for 48.01p. Bought them back at 8.20am for 46.85. Not a huge margin but for such a small time I was happy and it brought my average down.
Persimmon is still building on land it’s held fir 25years, also Psn is quite ruthless when it comes to pricing due to the sheer volume of work they have.
I can’t see she’ll getting any higher than £26 in the next year or two where as I can see PSN hitting £33 again. Since the share prices are evenly matched the dividend is a lot more as well. Plus I’m in shel for a £12 average.
It’s not only card that’s still low it’s most of retail in general. With a squeeze on money I think the holiday companies will suffer more than a company selling cheap cards.
Looked at the share for a while and nearly bought in when it was 17p in 2020 and I’m now tempted to have a punt as retail surely must recover this year? Has this suffered much dilution and extra debt since 2021?
That’s cause when they exit they just buy back in with a similar sized amount, if you never really look at the shorts you could be fooled into thinking they never close it but they have been out for weeks.
Looks like Citadel has re opened another short on PSN and since they are one of the biggest funds in the world I would choose your buying price carefully.
I know what your name was as it must of been my phone that changed it and I didn’t look before I posted it, definitely my iPhone as I typed your name in again and it did the same.