PBG 0.00% $1.15 pacific brands limited

strengthening ozzie dollar, page-22

  1. 348 Posts.
    Hdavid, regardless of the hate messages from these other two characters (although I have never personally attacked them), this thin is heading south. It is way over priced on fundamentals, and risk, regardless of what the chart says. The have gone from 500m shares to 750m (roughly), so they are diluted by one-third. Therfore, even assuming that they were worth 80c (which they weren't) they should now be worth 55c after a 2 for 1 offer. This is madness.
    I made a (very) nice profit on PBG so why would I have sour grapes?
    Finally, why listen to the opinion of someone who bought at 85c? They OBVIOUSLY would have the sour grapes!
    Negative rec me all you want, I am only being the voice of logic outside of charts!
 
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