Top 50 Rules to Investing - Rule 14
Trading options often leads to a quick trip to the poorhouse.
MARKET REPORT: Pursuit Dynamics to the poor house
Major shareholders of Pursuit Dynamics, including well-respected John Morley who sits on 14 per cent of the pump technology group’s equity, must have been spitting blood yesterday while long-term bears rejoiced after the ‘jam tomorrow’ fell out of bed in a big way.
Not helped by what one miffed fund manager described as a ‘very dubious’ late sale on Wednesday of 2.3million at 200.3p, the shares crashed to 78p before closing 54 per cent down at a 52-week low of 93p. A million miles away from this year’s over-hyped peak of 587p.
Courtesy:see more @ http://bit.ly/2eNbCaJ
MARKET REPORT: Pursuit Dynamics to the poor house
Major shareholders of Pursuit Dynamics, including well-respected John Morley who sits on 14 per cent of the pump technology group’s equity, must have been spitting blood yesterday while long-term bears rejoiced after the ‘jam tomorrow’ fell out of bed in a big way.
Not helped by what one miffed fund manager described as a ‘very dubious’ late sale on Wednesday of 2.3million at 200.3p, the shares crashed to 78p before closing 54 per cent down at a 52-week low of 93p. A million miles away from this year’s over-hyped peak of 587p.
Courtesy:see more @ http://bit.ly/2eNbCaJ
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