Is This A Buy Yet??????????? @115p

i have just gone long too, albeit at 141.5 ..... i'll watch carefully, but i really don't think this company will go belly up, and sp could (easily?) get close to 200 (see above) before running out of puff .... whether or not i shall choose to stay in that long remains to be seen.

I decided on RIO this morning (not as a destination, though that would be fun!). Meanwhile, I think PAG is one to watch v carefully. I agree it could bounce back to anywhere around 200-250p quite soon. Good luck!

I have just bount 5000 at 1.30 and will wait to see how they go.

Janet, how do you bount, lol.

what does the word bount mean?

I dont know, you used it in post 23.

sorry I meant bought, my mistake - sorry

I think a long is a good choice with todays news that PAG are looking to raise 140m with the sale of car loan notes, I may well also go long. First though I want to see how much discount they have to give to raise 140m on loan notes, as this may cause the sp to drop further, considering the recent crunch I'm expecting discounts not to be favourable.

I agree, it smacks of a Fire-Sale - not full blown, with sirens blaring - but a nasty whiff of smoke in the air.
You can be sure the sale will not realise the true value, so this means [PAG]-Execs have destroyed value, but then the sp has been shouting this msg for some time.
I suspect this will have further to dip.

Look at the 2-year graph and compare with Jarvis (rail)[JRVS] - oddly they are almost exactly at the finish (ie "now"), having started at a normalised equal, not that there is any connection, just an investor's lament....that an Outright Rogue stock is no worse than........

Today could be the start of another slide...122p now.

DMA 50 and below, still on a downwards trend. I'd prefer a fund raiser such as rights issue to existing holders only to raise capital first, afterwards then maybe look to sell loan notes... And he's me, don't even own any stock but finding this interesting. Paragons board are no strangers to adding value so why not now..

paragon doing well today are you still in there cynic and do you still think there is a good way to go?

'fraid i got this one all wrong ..... bought when i shouldn't; ditto sold, or at least with hindsight

Janet, I'm still holding and in profit, but not for long.

I am hanging on a little longer

I reckon that, as it's already nudged above the 140 mark a couple of times in the past few days, it could well keep going up. I'm in this currently and will continue to hold.

the company has just been upgraded to 1.75p per share today. This is the reason for todays rise in price. the reason been the buy to let market has improved.

I hope you mean that to be 1.75 - or 175p Janet! Otherwise we're all done for!

it is 1.75

That's a relief, as I'm not into shorting!