What is happening was slowly going up, past week down 25% Good entry or further down.

I hope the Septics get the $700 billion loan through in the next few days otherwise I can see the FTSE tanking.

hey sticky - sure hope you don't hold any of these as i see the figures were truly VILE ...... peeps won't be yelling; they'll be hollering blue murder and sending a lynch mob after the CEO, resigned or not

lot of director buying today???? mean anything..

Sanjeev Shah, manager of Fidelity Special Situations, used stockmarket options to protect the 3 billion fund against market falls two months ago but is relaxing the strategy as he sees the market has become 'oversold'.

Shah, who succeeded Anthony Bolton two-and-a-half years ago, said he bought a FTSE put option giving him the right to sell the index at specified 'strike' price to provide protection if the market fell, which it duly did as the Greek's financial woes turned into a eurozone crisis.

Shah said the cost of the put purchase had been funded by selling a call 'higher up' the FTSE and buying a put 'lower down' the index. The money made from these meant the net result was protection for the fund at zero cost, he said. Figures from Lipper appear to back this up as Special Situations has gained 3.3% over the past month, placing it thirteenth out of 310 funds in the UK All Companies sector. The average fund in the sector is flat over the period.

Speaking at the Fidelity FundsNetwork Investment Forum in London, Shah added he had closed 40% of this protection in recent days as 'market is getting oversold'.

Shah also revealed he had invested a 'large chunk' of his own money into the fund yesterday.

He anticipated a 'change of leadership in the market place' but said going forward it would not be led by commodity stocks.

Shah, who has continued the fund's focus on overlooked stocks and value investing, said the current turmoil was generating lots of stock picking opportunities. This week he has exploited a big fall in the share price of Yell by buying more stock. The Yellow Pages publisher has been a favourite stock since it restructured and raised money via a rights issue last year.

He has devoted 5% of the fund to recently gained powers to short stocks, mostly against miners. He admitted he had taken the position too early but said it had started to come good.

http://www.citywire.co.uk/personal/-/news/markets-companies-and-funds/content.aspx?ID=401470

BROKER CALL: Life in the Yell business model - Merrill
24 May, 2010 06:55:30 AM

Bank of America does its post results analysis and concludes there is still some life in the business model of the directories group. Rates the stock a buy with a 54p a share price target (current price 35p). Analyst Richard Menzies-Gow tells us: 'As we had hoped, Yell's first Investor Day for three years provided ample evidence to suggest the business can yet survive the current maelstrom of cyclical and structural pressures. Yell is well advanced in repositioning itself from product-centric publisher to marketing solutions provider for SMEs, and benefits to retention rates and ARPA are already apparent. The group's technological
expertise and scale benefits should not be underestimated, while its sales force remains a key strategic asset. As it expands its product and service offering, Yell's addressable market is growing.'

http://video.yell.com/

Local searchable video ads, my bet is, it will be huge.

Massive.

Can't make my mind up if this is a buy punt at today's price

there's probably better to be found .... i'ld hazard a guess that market will recover, perhaps quite sharply, once the "bad news" is announced .... with that in mind, a punt on the indices could be profitable

I went short on the FTSE near close yesterday, as you predicted well down today
but I may now close this position gaining a small 620 profit no need to be greedy I suppose.

I have been looking at these with a view to getting onboard, recent directors' buys were at 34/35p so looks a reasonable entry point at todays level (28.75p ish). Most broker recommendations over recent months have been bullish with tp's of 54p or so, since then the sp has fallen further (shows how much they know)
2517

and i have just taken a small long at 5222

I have closed my FTSE short, and as you intend to go long but nearer the budget time.

Limit long FTSE 5180 for me if it kicks in at this good but no problem if not. I see a sudden drop as Ozzy starts to speak

Here we go Cynic, chock dee as we say in Thailand means (Good Luck)

and chocks away old chap, as was said in your youth!

Well, they have taken a bit of a pounding this week. It was bound to really - I bought a load last week at 30p! I've read numerous posts regarding this share and can't make my mind up whether to sell and take the hit or ride out the storm in the hope of a short-term recovery. Any thoughts or opinions would be more than welcome.

They are finished

Sell Yell now at 22p... down to 10p very soon.

Finished. Will be shorted down big time as the bodysnatchers smell the reaper coming.

so is every other company with the way the market is this morning. Ride the storm, take a holiday, go down the pub and chill its happened before and it will happen again

OK kosyboy I will nip down to the gogo bar, for a cool one, and a short time samoke.