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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

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?

cynic - 13 Jan 2014 17:14 - 264 of 454

is that a euphemism for a piece of male anatomy?

tomasz - 14 Jan 2014 04:50 - 265 of 454

Not really sure whats the point keeping fingers crossed for someone to enter opposite trade to yours.a bit strange but i dont mind shortie.

Shortie - 14 Jan 2014 09:42 - 266 of 454

Actully I thought you were short also... It matters not to me which way others trade, just every now and again I come accross someone who knows a thing or too, not very often but sometimes.

cynic - 14 Jan 2014 10:16 - 267 of 454

me? .... assuredly i am

as for Mr Smartarse, sp only needs to drop a couple more pennies and he should start filling his boots (long of course) .... or at least so he apparently wrote yesterday

Shortie - 14 Jan 2014 13:21 - 268 of 454

Mothercare DFT closed for +27.6 pts, short Mothercare March Future 278.16 remaining in play.

skinny - 14 Jan 2014 13:57 - 269 of 454

Numis Hold 272.25 272.25 - 275.00 Downgrades

halifax - 14 Jan 2014 14:17 - 270 of 454

cynic sp stubbornly refusing to fall further....... some mothers do have em!

cynic - 14 Jan 2014 15:03 - 271 of 454

i'm not complaining, nor shortie either i should imagine ..... there is support at 270 but it is testing that quite severely

tomasz - 14 Jan 2014 16:01 - 272 of 454

Halifax think about it...how can you expect someone to get out in time if one is able to run few hundred points - lets say for example - dow's losses...?lol

cynic - 14 Jan 2014 17:00 - 273 of 454

as my short position is at 287.8, why should i have the slightest concern if the support holds at 270? .... or at least i think that is the point or issue Mr Smartarse is trying to raise or oppose; bit hard to tell as my pidgin isn't up to scratch!

or was some strange allusion to my dow short which i closed out this morning with a profit of 180 points?

Shortie - 14 Jan 2014 17:05 - 274 of 454

MTC closed down 5.25 to 267, we're still heading in the right direction, I suspected 270 would offer resistence and it has... I'd say "I love it when a plan comes together", now where have I heard that one before!!
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