I have been downramping from abou 75 - 90c (roughly 20%). I was ramping up from 15-40c and sold my last bit at 46.5c (10% - 150%). I just hope that others see this for the bubble that it currently is. I don't know if it will tank next week, next month, or end financial yr report. But it will tank. I am sorry if my views on PBG don't agree with yours. I know that you guys seem to have been swept up in euphoria, but on fundamentals it is clearly over priced for risk.
It would take you 12 years before you made a cent.
At $1.20, it would take you 14 years.
If you run this scenario over other companies, you will get similar figures, BUT, the figures don't come with the debt issues, therfor less risk.
Believe me, as I have pointed out before, there are no sour grapes as I feel that I played this one ok. But I am just trying to help others who may be blinded by euphoria, that this IS overpriced on risk right now.
PBG Price at posting:
86.0¢ Sentiment: ST Sell Disclosure: Not Held
