anything under 7 cheap cheap cheap. good div. just paid. chart looks sick

A Big Mac is what you'll be eating for dinner for the next 10 years when Mrs Tabby finds out how much of her Cannes spending money you've blown on Meldex.

Tabby - Strange that you claim it's not right and proper to shout about how much you have 'made' on MKS. Nobody's asked you to. Yet you'll freely post up your Xfactor bookie buys and sells with sizes - also unbidden.

Longer term on MKS I reckon Haystack is probably spot on - I think we'll go significantly below 2 - but in the meantime it's important to trade what you see, not what you think.

Gausiebelieve it or not my wife trust me because our Bank balance tells her I know what I am doingwe dont have separate moneywe dont have secretswe share everything.but to have our reasonably good lifestyle and the Bank balance to increase this yearalbeit not fortunes at this stage.but with most of the Xmas shopping doneI would say that is pretty goodOn mdx.if the sp was to climb to 30p.I would even go as far as to say we have had a fantastic financial year.

And if your grandma had balls she'd be your grandpa.

Shed a few @ 216

And if your Grandpa had a fanny hed be your Grandma.

GausieI know how to form/price a bookif on these reality shows I see an opportunity I just post for everyone to have an interestmost people thank meyou are obviously not amusedI always finish by asking people to make their own mind upsame on the horse racing threadit is uncanny how many times I am rightlucky I guess?just sharing knowledge which is what I thought bbs are all about?

And if you cut that ponytail offwould that make you a pony?

Gausie is quite right in what he is doing. It is classical trader tried and trusted behaviour. From an investing point of view MKS still looks bad. They are up at present on false hopes of a retail boom. They will have a bad Xmas like everyone else. It is fundamentally a failed business that will end up getting taken over.

Cuts in VAT will do litttle to perk things up. There is no tax on food and a 2.5% fall in some prices won't be noticed when shops are doing 20% off. I walked down the street in a major shopping street yesterday and almot every shop had a 20% off or other promotion. They were all empty. One huge two floor business with all glass at the front I could see was completely empty from across the road.

There were several closing down sales! I went into the shops and enqired if they were really closing and they all were with dates of closure set.

Difficult to find a single Tabasco tip on the horse racing thread that actually came off, unless you include retrospective editing of course.

Pony tail, G?

pt - I've as much idea of what he's rambling on about as do you.

I think he exists in some kind of parallel universe where MDX @ 30p and above is a good investment, the usual rules of maths and finance don't apply, traders who never lose actually exist, and Gausie's grown a pony tail.

Either that or he forgot to renew his prescription.

See the old plum mr potty turns up as regular as clockworkwhats he say Gausie?

Haystack.I day trade when I am boredit pays peanuts.your view on mks is exactly that your view.let me tell you my view.firstthe other stores with offers are not doing very wellM&S shops took more money in the morning than most of their shops take in a weekhuge successsecondthey are ahead of next..bhsdebenhamsjohn lewisso market share from main rivals looks good.thirddiscounted items would be further discounted after Xmas to the tune of 50%so selling out and trouncing your rivals for 20%looks good business to mefourththere is going to be an announcement of another 20% day.which is going to be on the fourth or sixth of Decthat is how fantastic the success and takings wherefifththere will be a number of businesses that sell similar but inferior merchandise to MKS that will go popleaving more market share.I could go on to7 8 9..Haystack ask your friends in head office.be sure to go to the right onethen report the honest truth!

These 20% off deals are desperation measures by MKS. It shifts stock, but cuts profit heavily. It also means that people will spend less between the sales while they wait for another cut price deal.

Tabby - it's a shame you missed pth's post - 'cos its a good one, and demonstrates a real insight into current conditions.

Reading between the lines, he says you're a noisy vociferous twat with no identifiable investment strategy who discredits himself time and time again and will blow your pot within the year.

I think he's right.

Turning to your fundamentals analysis of the retail sector - It's a frigging bear market. Who gives a toss about fundies when the tide's going out? Just how big a bottom drawer do you have? And if it's stuffed full of useless underwater share certificates, where will you put your socks?

G

I am wasting my time Mr. OReilly.
born with a plumhead up the bum!
Eton to learnmoney to burn!
sarcastic wit.personality shit!
Traders with bulltaking a fall
last ten bobwhat a nob!

G
I think your 'reading between the lines' skills are second to none :-)

few more gone @ 218

Haystackat least you post something worth debatingthe Xmas lines are overpriced in the first placeit is not cutting profit heavily thats how it worksthey have made massive amounts on the salesafter Xmas is where the discounts hit profits at 50% or morethey are way ahead of expected sales and have caught the opposition outGausie is right with fundamentalsbut the better stores will survive and prosper and the demise of the weak will further strengthen M&SIMHO
That is why I am an investorthat is why I purchased shares under 2 several years ago and sold at large profitsthat is why I am building my holding and have been since early Novemberand there is plenty of room for those that want to beat each other up along the way.

tabasco
Why not sign up to use the Traders room BB - only 5 per month? You can read the daily traders thread and learn a bit about trading and see what the traders are doing each day and their punts. For a just a bit more you can get Level 2. I can tell you you will really see what is happening to MKS then. Ask nicely and MoneyAm might let you have a free trial. I can tell you it is very volatile on level 2 for MKS at present.

Haystackwhy would I want to talk to traders most are on the doleI know more about M&S first hand than any on this siteI am on a level at the opposition that is far superior to this siteso I dont really see the pointI can tell you it is very volatile on level 2 for MKS at present. I know!..
Thanks for the concern haystack but I have managed all these years when others around have falteredand I am too shrewd to change my ways for all those jolly good am traders!.I carry on slumming it!crack a bottle of Chateauneuf-du-Pap.with my beans on toast.
Why is everyone so nosey on this site?.

Tabby - you're right as usual. I get my best trading tips in the dole queue.