the problem with PTD is that it has burnt so many people so will have trouble sustaining a gain without some really really really good news evertime some of these old holders show a gain on recent purchase they will dump it to make back prior losses in the past few months PTD has got rid of the little issue with centocor, paid a dividend and started buying back shares and the share price is lower than what it was before it settled the dispute i wouldnt say the whole sector is out of favor, take a look at CSL chart over 1 year PTD has not yet got the respect of the players in the market who are going to move it. last year AMP took a placement at $1.55 then sold the stock on the market a few months later. imo PTD is one to watch for a trading opportunity but at the moment that is it. analysts have also recently downgraded income streams to be received over the next few years after comments in the last AGM
PTD Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
