Good morning all
From the "UPS" thread.......
A share for SHORTING ( not my speciality )........WSM
@ 635p today, it seems everything a bit on the TOP side.
Indicators at overbought, on the high side of the Bollinger band.
Results not to everyones expectations, yes plenty of Turnover, but the EPS was only 5.8p from 11p last YEAR, no idea of forecast but shares must be on a PE of over 30 for 2007, well over the top.
edit - just seeing market forecast EPS of 35p, that was before the Interims, most likely will be around the 20/22p
Another way to go is Market cap of 628M on sales of maybe 210M, reach your own conclutions
