Pound foolish
Active member
- Messages
- 108
- Likes
- 4
Damm and Blast or words much stronger!
I spotted this little gemn last week whilst reaidng the Sunday papers. I have noticed a trenbd that when a share falls heavilly one week it will normally re bound 10% or more on the Monday. Punch taverns were down 16p to 90p last week. they were due to release their Year End results and forecasts were a profit of £33 million.
I then watched as the price went up 38% then 20% etc to close at 167p and I didnt have any!
Why dont I listen to my little voice? By the time I reasliesd it was too late but i admit I would have got our with the 38% gain in one day whatever and lost the 20% the next day anyway.
I spotted this little gemn last week whilst reaidng the Sunday papers. I have noticed a trenbd that when a share falls heavilly one week it will normally re bound 10% or more on the Monday. Punch taverns were down 16p to 90p last week. they were due to release their Year End results and forecasts were a profit of £33 million.
I then watched as the price went up 38% then 20% etc to close at 167p and I didnt have any!
Why dont I listen to my little voice? By the time I reasliesd it was too late but i admit I would have got our with the 38% gain in one day whatever and lost the 20% the next day anyway.
