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Mothercare reborn and maybe worth a punt now (MTC)     

ainsoph - 10 Feb 2003 09:04

I have been in and out of these a few times :-)) ..... bumping around their bottom but starting to bounce a little ..... closed @ 87/90p on Friday.

They have fallen from grace because of poor distribution probelens caused by poor management and an out of House warehousing system. THis is being sorted and new guys have replaced the old .....

Great brand name and selling could be overdone ..... anyway I am in for a few @ 90p and will let them ride for a while - not a t trade. Recent director buying around this price


ains


bought @ 90p - currently moving up at 141/145p 13/05 = plus 56.66% net


Chart.aspx?Provider=EODIntra&Code=MTC&Si

tomasz - 10 Jan 2014 11:26 - 244 of 454

Stop 280.-6

cynic - 10 Jan 2014 11:35 - 245 of 454

still ticking south :-) though L2 order book is evenly balanced ...... shall certainly stay put for now as i can see no reason for any recovery

Shortie - 10 Jan 2014 13:05 - 246 of 454

Just taking out old support at 270 then should fall away to 230. There is a chance of abit of upside but I'm planning on holding short with 130-150 ranged exit.

cynic - 13 Jan 2014 08:54 - 247 of 454

just topped up short at 267 ..... sp doing slightly more than just drifting south

Shortie - 13 Jan 2014 11:18 - 248 of 454

Looks like we'll see abit of bounceback before 270 is taken out.

Chart.aspx?Provider=EODIntra&Code=MTC&Si

Shortie - 13 Jan 2014 12:14 - 249 of 454

A closer look at the upside on a better chart and it already looks done to me. Should continue south, 270 first support to be taken out.. Think I'll take another short position.

cynic - 13 Jan 2014 13:10 - 250 of 454

i was slightly premature, but not unduly fussed

tomasz - 13 Jan 2014 13:24 - 251 of 454

nice washout, just need back little more now for me, so more shorts please.anything below 268 is mine.

Shortie - 13 Jan 2014 15:19 - 252 of 454

Tomasz are you short 268 now then?

cynic - 13 Jan 2014 15:41 - 253 of 454

is that a curved ball i see before me? :-)
it'll be interesting to see whether you get an intelligible, straightforward answer or indeed any at all

Shortie - 13 Jan 2014 15:57 - 254 of 454

I assume he's short, if so must have placed that just after your top up at 267.

I'm short 300.4 on a DFT, and 278.16 on a Mar 14 Future bought today.

cynic - 13 Jan 2014 16:04 - 255 of 454

overall, i'm short @ 287.8 - CFDs only

tomasz - 13 Jan 2014 16:28 - 256 of 454

of course not short, not after washout.I see long play here.just need this below 268 to get in.

cynic - 13 Jan 2014 16:40 - 257 of 454

just goes to show that tomasz, like the perfidious whiteman, talks with forked tongue
he could most certainly have gone long at <268 this morning - about 263 actually - but seemingly did not do so

tomasz - 13 Jan 2014 16:46 - 258 of 454

you print too much of yourself cynic.dont be so selfie.

Shortie - 13 Jan 2014 16:48 - 259 of 454

Well he might get his 5 pips tomorrow... fingers crossed.. Have to say I'm learning lots of new terminology like "washout" which I assume is a new one for "recovered" being bullish on a share... We live and learn.

tomasz - 13 Jan 2014 17:02 - 260 of 454

the first 4hours made washing and should be tested.if holds then it means big buyer did the washing and better be on his side.im looking for test to get in.

Shortie - 13 Jan 2014 17:10 - 261 of 454

Does big buyer still use Daz on his whites?

cynic - 13 Jan 2014 17:11 - 262 of 454

ah well, you forget that tomasz's mother tongue is pidgin, so it should come as no surprise that what he writes frequently come across as gibberish

halifax - 13 Jan 2014 17:13 - 263 of 454

cynic maybe he is dyslexic?
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