Post by
Kodiboy on Aug 25, 2016 6:05pm
Analyst coverage
or lack of for Pgd has been suggested as perhaps the reason for the low SP, at times, of of our little diamond stock.
Well, Stornoway had a bunch, like 45 or so visitors to their mine at Reanrd and as a result has had some great write ups and good 1 year targets set for Swy, but the stock has dropped, a few pennies mind you, since the promotion. There was talk on that forum that the stocks SP would get a bit of boost as a result but no, nothing.
So, I guess my point is that if we have additional analysts covering Pgd, that may not translate to a higher SP...people are very sophisticated and knowledgable these days and if you want some info on just about anything, it's there for the taking from your home, for free.
Comment by
MrBigger on Aug 25, 2016 8:58pm
No traction for diamond stocks in August. When DDC is buying back 15-20% of it's daily volume with a 4.5% yield and still going down jr. spec plays have little chance to gain.