I've been in and out of this stock a few times over the years, it's one you have to watch very carefully for support being broken. I sold out around the time of the last divvie, only to see the stock have a quick 10% run up after going ex...then came the big decline. $2-80 was a good support for this stock some two years ago, then around $1-70 six months to a year ago. Any guess what it is now, if anything. Something around 35c.
Big debt load, which is the curse of current times. One would think or hope the more common brand items would have held up. Stuff like Sheridan must be way down. They haven't made any announcements (confessions) yet re how sales have been holding up. It will be interesting to see how they have fared.
Well done to all sellers over the past months / year. A stock to watch carefully if you hold...and not one to fall in love with.
PBG Price at posting:
39.8¢ Sentiment: LT Buy Disclosure: Not Held
