Prediction on 19 March 2013, I predicted that it would not be too long before Paddy Power shares reached 100 per share. Well that benchmark was reached today, but by the day's end had fallen back slightly to 99 per share. Onwards and upwards to 150 per share within the next five years.
Onwards and upwards Bookmakers have had a torrid time at Cheltenham. If one of the favourite's win the Grand National we might get a 'profits warning' and the market will panic sending thses shares down. That will be the time to buy.
NEW ARTICLE: Paddy Power confirms golden cross "Bookmaker LSEAPaddy Power is being chased higher by enthusiastic punters following a decent third-quarter. Revenue is racing ahead across all its businesses and management now expects mid-to-high-teens percentage growth in earnings per share ..."[link]