Looks like MMs sneekily triggerd AT
sell stops earlier this morning at level
just under support.

Certainly buys are now dominating as they
were before the MMs actions.

Bullish article on ample 'week ahead'.

Panmure Gordon Buy rating.

Results Thursday.

Good positive start.

Another good short... hacking news gaining pace.

Gone long ist thing.

Recovery mode going well here......

Key Highlights

· Improving revenue trends, in particular circulation revenues

· Good growth in digital audience with unique users1 up 25% year on year to 31 million and page views2 up 36% year on year to 163 million

· Continued strong cash generation with net debt falling by £25 million to £132 million

· On track to deliver targeted structural cost savings of £10 million in 2013

· We remain confident in the outlook for the Group's performance in 2013

Outlook

Revenue trends have improved over the 17 week period, despite the trading environment remaining challenging. We continue to expect an improvement in the rate of decline in revenues as we progress through the year as the benefit of our strategic initiatives start to take effect.

The benefit of our strategic initiatives and our targeted cost savings of £10 million gives the Board confidence in the outlook for the Group's performance in 2013.

http://www.investegate.co.uk/trinity-mirror-plc--tni-/rns/interim-management-statement/201305160700078309E/

Trinity Mirror upgraded by Numis
16th May 2013, 09:52

Numis has upgraded its recommendation on newspaper group Trinity Mirror [LON:TNI] to ‘buy’ from ‘add’ after the company published a “solid” first quarter interim management statement for the 17 weeks ended 28 April 2013.

The City broker has a price target of 132 pence per share on the stock offering a potential upside in excess of 40 per cent.

At 9:50am: Trinity Mirror share price was up 8.88 pence at 101.63 pence.

I'm sure this will prove to be one of those 'value trap' shares that seem cheap but never actually recover...pe ratio of 3. the cashflow is more interesting though, it paid down debt in no time after acquisition of local world regional newspapers. Also is using it's printing presses for the guardian and other dailies.that pension deficit though just keeps on growing.....