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Plusnet Share Price

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Plusnet Share Price

Have a look at the Plusnet share price over tha last few months:

http://www.advfn.com/quote_Plusnet_LSE_PNT.html

Any money experts want to comment?
11 REPLIES
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Plusnet Share Price

Only to say that I've lost a packet!

But the share price can go up as well as down...........
bluewhale
Grafter
Posts: 833
Thanks: 5
Registered: 30-07-2007

Plusnet Share Price

isn't that big dip around the time carphone announced it's free service

i'm afraid that with sky's announcement that it's a matter of time for going under or being bought out for plusnet...

i can't see whats going to stabilise the price as this is the way market forces work in that the biggest players always win...

Sad
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Plusnet Share Price

It's also the time when customer service went to being really really dire.
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should have gone short.

MY short is looking very healthy :-)

Sold @ 357 on April 06 (2081 shares) = 10k ish

IF i buy back today

2081 * 1.35 = 3781.35

10000 - 3781 = £6,128 minus charges etc.

Actually its time to lock in some profit right now methinks..

Thats my rewiring and re-plastering paid for thanks plusnet Tongue-)

off to barclays stockbrokers.
StuWard
Grafter
Posts: 113
Registered: 28-08-2007

Plusnet Share Price

But why would any sane man buy them back ?
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Plusnet Share Price

Because he sold them short. That is he sold them when he didn't have any. So at some point he has to buy some in order to satisfy the sale.

Secondly, if you still believe as I do, that PlusNet is a fundementally good company with the right aims and the ability to do well, then today's share price might just be a good buying opportunity.

James
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@ Closed out

Bought back @ 134 Yippe.

so it cost me £2788 ish and fees

7k not bad...
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Plusnet Share Price

Astyler - I have no idea what you did (stocks+shares = mystery) but glad to have helped you make some cash. Perhaps I can have a small dedication inscribed on your plasterwork.
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ermm

i will dedicate some of my RING mains to you.
tcs2000
Grafter
Posts: 187
Registered: 02-09-2007

Plusnet Share Price

Let it go lower then buy....Plusnet get taken over....up go share price ..sell Smiley
Buy low...sell high.
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or

or sell high and buy low..

which is what shorting is.