PBG 0.00% $1.15 pacific brands limited

The sell off has begun. Short term could hit mid 30's (maybe...

  1. 348 Posts.
    The sell off has begun.

    Short term could hit mid 30's (maybe even low 30's).

    A good example of how SP sentiment can change (as you have pointed out is BBI):
    Down to 3c (too low), rallied to 11c (4x) (too high) now stuck at 6-7c (until fundimentals change).

    Let's apply this to PBG (totally different companies I know, but market sentiment similar):
    Down to 14c (too low), rallied to 47c (4x) (too high), should settle 33-37c (until fundimentals change).

    Cheers.
 
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