Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I last covered Centrica (CNA) in early February. I suggested it was a buy at 311p. This proved to be a profitable trade more quickly than I anticipated. Now that the share price is recovering from its latest drop, I have a slightly alternative indicator for going long; the explosion of berries growing in trees!
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Comments
wildrides
Take a week or two off Ben , and keep taking the meds . You will feel better soon .
I mean every one knows the stockmarket is controlled by California Zoo Panda Cam . If the Panda is in the hut the market will go down , if the Panda is outside eating Bamboo it will go up . If the Panda is watching “Panda Porn “ on its iphone the market will go sideways .
The Octopus is dead , long live the Octopus.
Ben Turney
@wildrides – Ha, ha, I did wonder about whether or not I should make the “there are berries on the trees so buy Centrica call”, but I figured if there is a study which proved the average monkey throwing shit at the financial pages had a better record at stock picking than your average fund manager, then why not? :-)
Razzle dazzle
Look out for berries and stay away from magic mushrooms. That’s what my uncle Zebedee used to tell me.