Originally Posted by
duncan macgregor
PGW, who cares right now?. Over burdened with debt in a downtrending sector. The future looks like the downtrend will continue with farm incomes at almost zero. They are showing all the signs of a high risk company, manipulating, and hiding the numbers from the punters. The charts tell it all, no requirement to try and work out the reality of the situation. Incidently, the nickel price is in a steep uptrend, now is the time to jump into MCR which has no debt, and trending up in a steep uptrend. The object of the excercise is to make money, and the only way to do that is when to know when to get rid of downtrending stocks like this before they drag you down with them. I give you MCR which is a share i doubled my money in 2007 and got out, and have now bought back at a cheaper buy price than my first purchase then. PGW if it survives will go much lower than its SP today before it comes right so whats the point of holding?. Macdunk