you would think it a turnaround,short sales dont display the pattern but it definately looks short,my calcs around 30% on price actually passed my projected 56c much earlier than anticipated,it might go lower.
a great deal depends on the economy perhaps its an aberration but i am sensing a turnaround in the economony as well,i doubt it will show statistically but there are signs that value based buying is growing and not just the share market- i dont know about you but the past 3 years i have budgeted including underwear and socks etc,its only now i am starting to buy i think many others will be doing the same.
looking for an entry now.
how to make money without a printing press,show people value and instill some confidence, lokk forward to becoming a holder
PBG Price at posting:
59.5¢ Sentiment: None Disclosure: Not Held