By Robert Sutherland Smith | Tuesday 10 September 2013
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.
When I lit up the screen to check the final trading statement from AB Foods (ABF) yesterday I saw that with a kind of historic romance, the shares price had met its Waterloo at 1815p. Last week, when I started looking at the equity to try to discover - unavailingly - why one major investment bank concluded it would ‘outperform’ the share price was above 1900p. Last seen, it had gone through 1815p to 1810p. It will get worse.