HELLO,

MY HEART SAYS BUY, MY HEAD SAYS NO!

ANY THOUGHTS?

they are in serious trouble - so many things might happen - but i would say they should continue in reverse at least to 15 - 17p minimum thanks to the likely breach of bankin covenants - i think the analyst estimate of 'tight' for the covnant test is generous imo - personally i have not been into an hmv for years - how many others - hmv will imo probably be sold, or exist as an almost completely different entity once they have torn up their old road map which was clearly useless - hmv shares fallen every year since 2005! even if the weather was better around xmas i honestly dont think it would have made much difference to hmv's troubles

12p - yep - if you do keep a very close eye on them more than usual - once waterstones flogged if they go that route is a big hole in their asset sheet - still following this one but should continue in reverse for now - with usual day trading etc glad i kept clear here again today - but never say never! he who dares & all that - have a good weekend

i can see absolutely no reason to buy hmv, for their problems are surely exacerbated by the continuing poor performanc of the high street in general ..... is there enough "meat" to make hmv worth shorting? ..... possibly though it's not quite so clear cut as it was with CNT

Have to agree, with intense competition and austerity measures kicking in it is difficult to see a way out for HMV. One to keep clear of imho.

Observer.

HMV is chart-topper for short sellers Troubled entertainment retailer is first choice for investors betting on falling share prices

bookseller Sussex Stationers gone into administration - another competitor to Waterstones out of the way

the bookshop chain also one of the last ones left on the high street

I hardly think the demise of a small player is something to celebrate. Rather they are a symptom of the problem that managements face, esp. if they ignore the obvious.....Woolworth being the most recent example, having already taken jobs and shareholder funds to the abys.

It's possible HMV can be rescued, or that they have done this already and the Market hasn't cottoned-on. I'm swaying in the breeze on this, not wanting to add to my losses, Marconi, Woolworths, ROK and so on.

It seems to be a monstrous dereliction of Duty that our Regulators cannot undertake a review of the events leading to large failures, perhaps in the hope they might be avoided in the future. After they are never short when it comes to lifting money from the Public to run their empires.

I fear HMV will join that list, given a little more time.

what on earth have the regulators got to do with the demise of a retailer, unless there has been some criminal wrongdoing?

Nothing at all. Cannot blame regulators for a failure of business strategy. The share price has been slipping downhill every year since 2005 - plenty of time in which to do something about it. Any investor who has chosen to hang on instead of selling at some set exit level can blame nobody but themselves.

Ordinary business failure is not for Regulators, I agree.#However, these are FTSE companies that support the pensions of investors and shareholders have only the RNS and what the Co tells us. Also, consider the employees, they spend money in the economy.
Yet it seems in the case of (Marconi, Woolworths, ROK and several more), the company suddenly collapses having given "OK" signals.

Call it self Delusion, or hope that "something will turn up" - but that is hardly the basis for continuing business as usual, in what might be considered a ship that's holed below the water-line......continuing to take-on passengers might be regarded as dishonest, if not "criminal"?

If as has been suggested that nothing has been done (causing the sp decline), then the Market is not creating any desire by the Execs to act. Yet they continue to tell the Market things are about the recover (how I read the An.Report), so they continue to offer platitudes, rather than harsh root/branch action.

When there is a train/AIr-crash there is an investigation to establish what might be learnt. All I'm suggesting is that Regulators need to be stomping about the debris to understand what action might be effective "next-time" - otherwise they will continue to provide bundles of "Rules" that are unlikely to provide any comfort for investors - otherwise what's the whole purpose of Regulation?

((As an aside, are you happy with the existing Regulations that our Banks are enjoying?))

http://www.forexpros.com/news/stock-market-news/scenarios-what%27s-in-store-for-struggling-uk-retailer-hmv%20-193839

A bit of a squeeze.

HMV warns of potential covenant breach



http://www.growthcompany.co.uk/news/1605728/hmv-warns-of-potential-covenant-breach.thtml

Dire Staits comes to mind.

This is ever-dropping its pants.

So whats new..?

I'm not buying it even at 12p.

This looks bad,

ditto that - how low will hmv go one wonders?