Originally Posted by
trader_jackson
About 2 and a half years ago (either oct or nov 2015) I said I would give PEB 2 years to deliver something.
That something, mainly Kaiser Permanente & CMS, has not been delivered, despite my generosity in giving them another half year.
I am not sure what is going on, but I feel this should have been delivered.
PEB is the only share that is in the red (although has always been a low single digit percentage of the portfolio) and the only share on the dozen or two I have commented on sharetrader I seem to have been seriously out of step with.
It is unfortunate... I don't want to sell because it should be a success... maybe one day it will, but as far as my conclusions go, it has not been a success... the 'now or never' phase is passing, if not already passed, and every day that goes by is a step closer to the grave yard, joining the likes of WYN, CBL and PPL - previous bigly growth companies that just couldn't make it work (for various, and yes quite different, reasons)
I intend to remove myself from the share register in due course.