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.

This one is dead but does not know it yet.

but almost (probably?) too late to short

I think so IMHO Banks could be a good short especially Barc

continuing to lurch downwards........

.

Quite pleased I resisted the temptation to get on board these a couple of months back. I have been watching YELL and TW. for an entry point but so far that's all I've done, thankfully.
2517

.

Just say no.

Don't worry it will be a big buy at some point but not when all the market is falling and shorters are having a field day.

Timing is of the essence of course.

It look like after the recent large drop, there is support at 14p since yesterday and is now moving ahead for the second day.
I have taken a position since this morning.

Indicators are turning as the volume has increased
Shorters - over 12/13% on loan, any bounce will mean closing fast and share price move up faster.

Intraday

2 month Candlestick with volume

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

Shares on loan close to 350M
A sharp rise since end of June from 200M to 345M and share price dropping from 31p to 14p

15p +0.54p

an important point if if it holds above to look forward to the next round figure.

Not much trades at offer till 15.39p, as the share is on spike

Has now confirmed the move up from the 14p support, reaching at one point to 16p and closing with the UT @ 15.71p

More should come

Good start.

ft alphaville talking about YELL, have they been reading my yesterday's post?

Yell Group PLC (YELL:LSE): Last: 17.63, up 1.92 (+12.22%), High: 17.63, Low: 15.71, Volume: 12.87m

BEOh, you're kidding.
NHafraid not
BEreasonable volume
NHand you wont like it
BEBut surely no one will bid for Yell
NHwell I have heard that today for 30p a share
NHfrom a couple of traders
NHfor 30p a share!!!!!
BE30p, huh. A nice round number
NHbut I cant think who would buy it
NHall its rivals are in as bad a shape as they are
NHsomeone did suggest Google though
BEHm.
BEWhy would Google want it?
NHpass
NHthey bought something similar in the US once, didn't they?
NHand Yell has a, ahem, internet offering
NHI'm clutching at straws here
BEThey bought Yelp.
NHYelp!
NHwas that it's name
BEWhich, in spite of the name similarity, was a review site not a publisher of doorstops.
NHperhaps Yell should consider changing its name by deed poll
BEWorth a go. They've tried everything else.
NHanyway
NHthere is an alternative tale doing the rounds
BE(Actually, correction: they bid for Yelp but were rejected.)
BESo what's this alternative tale?
NHdisposal, apparently
NHto get the 3bn debt pile down
BEI suppose they could sell Spain
BEOr the US.
BEbut again we are faced with the same question: to whom?
NHnot sure
NHbits of Yell do generate cash
BEGuess so. But how much would PE pay? And what sort of a dent in debt would it make?
NHwe cant please you today, can we?
BEand theres a big short position in this one too
BEaround 350m shares
NH(SCO - it's half price at Waterstones. Sam Jones bought a copy)
NHI see
NHthere's a pattern here
NH

by Rosamund Urwin / standard:

'Takeover rumours provided excitement in the markets for a second day, with Yell and Autonomy the major beneficiaries.

The mutter from the gutter was that a suitor is lining up a bid at 30p a pop for debt-laden Yellow Pages publisher, Yell. Whispers named private equity as the possible predator.

The rumour pushed Yell to the top of the FTSE 250 leaders board, with its shares surging 1.5p to 17.2p as almost 15million changed hands by 11.30am yesterday - more than are normally traded in a whole day .'

From the "UPS" thread last night.......

UPS
YELL 16.07 ( 16.05 / 16.09p )
Today's closing Candlestick - Long Legged DOJI, could signal the end of the retracement an a reversal of the trend.


BULLISH LONG LEGGED DOJI

Type: Reversal
Relevance: Bullish
Prior Trend: Bearish

Long Legged Doji is a doji characterized with very long shadows. It shows the indecision of the buyers and sellers. It is one of the important reversal signals.

Recognition Criteria:

1. Market is characterized by a bearish mood and downtrend.
2. Then we see a Doji that gaps in the direction of the downtrend.
3. The real body is either a horizontal line or it is significantly small.
4. Both of the upper and lower shadows are long and they are almost equal in length.

Good rise considering the Market was well down

The hammer formed today with yeterday's DOJI preludes usually to a Share price turning.

16.40p +0.40p

Today the shares are in play, despite the number being on loan are increasing and now reaching 350M.
Shorts are placing in bigger orders, so to keep the price down, otherwise will have to buy back and the share price would explode UP