Sad to say my stoploss marker was hit yesterday and I reluctantly dropped 1/3 of my PPH holding. Still up 31% on my average buy in price so not sure if this "discipline" was a good thing or not Still holding plenty
Any regrets yet (besides being sad)?
Or will only time tell
At the top of every bubble, everyone is convinced it's not yet a bubble.
This is such a feel good stock, by investing in PPH I'm enablng more people to give to worthy causes. Every $ I invested is geared by PPH to help millions give. It's like I've brought the proverbial fishing rod, I'm empowering the generous. Capitalism has never felt more righteous.
This is such a feel good stock, by investing in PPH I'm enablng more people to give to worthy causes. Every $ I invested is geared by PPH to help millions give. It's like I've brought the proverbial fishing rod, I'm empowering the generous. Capitalism has never felt more righteous.
Wow ....thats so cool
At the top of every bubble, everyone is convinced it's not yet a bubble.
Over the last week every time the Push share price looks really weak and on the verge of collapsing strong buying comes out of the woodwork ....hmmmm
Hmmm - my expectation was that PPH was going to take a significant hit with the unfolding of recent events. Instead it has steadily risen... Share price creeping up again today and some big numbers going through 250K at 392 and 2 lots of 100K at 392.
Does this suggest that the positive sentiments that make this a high PE company remain at large intact?
Personal opinion is that the correction isn't over yet so I have been selling quite a few of these. Have been in since early last year and have a pretty low buy price so am up quite a bit. Love the company, love the product (even use it to donate to NZ charities) and think they have a great future. But remember "a rising tide raises all boats" and the opposite for an outgoing tide. One look at the NASDAQ chart over the past 30 years or so gives me the creeps for the immediate future so I am mostly cashing out of all tech stocks. Will look at buying back in if these get undervalued (currently more than fully valued IMO).
The recent big buying I think is still a hang over from their inclusion on the NZX50 - funds buying in. Gives a good chance to sell if you are jittery like me!
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