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

mitzy .... reverting to your post 636 ..... 10% divi is surely historic and thus there is certainly no guarantee that it will be maintained

I am continually long with a set stake.plus company lock-ins have sold player stakes recentlyquite happy to come back in with more if they drop under 2-10 and keep averaging downdividend payment to my knowledge is still under reviewdue to be announced mid March..

chart below shows sp just testing 25 dma ..... keep watching with a view to (further) shorting

chart says it all .... just a shame that both WPP and ASC continue to buck the trend

Brides Nightie ?

John Lewis weekly sales in their departmental stores sales down 10.3%
4th week to 28 February 2008-09 -10.3
4th week to 28 February 2007-08 -7.1
4 weeks to 28 February 2008-09 -8.0
4 weeks to 28 February 2007-08 -6.3


M&S do not publishmy best guess is similar?

had a small profit which i have now banked

I am pleasantly surprised.the figures did not equate to my best guesses..hmmmmm?
Sold out this morningwill sit and watch for a while

wow! there'll be a lot of burnt flesh about, even though i think adequate figures were well forecast

From the Blue Index blog

Marks & Spencer shorting opportunity
May 19th, 2009

In contrast to my Sparks at Marks blog on 31st March ( see http://blog.blueindex.co.uk/2009/03/sparks-at-marks/ ) I think a short term opportunity now exists to sell M&S shares for the next few weeks, possibly months.

The flagship retailer reported a 40 percent slump in adjusted pre-tax pre-exceptional profits to GBP604.4m, down from GBP1.01bn last time, on revenues up slightly to GBP9.06bn, driven by a 26 percent jump in international sales. However, UK sales from stores open at least 1 year fell 5.9 percent as customers cut spending or sought out less expensive goods. Marks also slashed the dividend by 33 percent to 9.5 pence a share, from 14.2 pence a year earlier, to conserve cash. Its total dividend for the financial year will be 15 pence, down from 22.5 pence. M&S said trading in the first seven weeks of the new fiscal year was broadly inline with the positive trends of Q4″, but it remains cautious about the outlook for the remainder of the year. Broker Pali International said that in spite! of the hype in the statement about speeding up change, overall the results look a bit underwhelming, and accordingly Pali have a sell rating and 265p target.

Full transcript here
http://blog.blueindex.co.uk/2009/05/marks-spencer-shorting-opportunity/

anyone still shorting this?

lol, good rise

Marni.I think Gausie is?

Why do you sell the winners and hang onto the losers tabby , is it some new fangled riches to rags investing scheme your trialling ?

most people do that dil. i've heard quotes on tv or media from max clifford, michael winner etc all saying their friemds and associates lost lots on stock market.
groucho marx lost a fortune and he was very witty!

but as we all know, the boys with noses in trough in the city are the few real gainers......maybe some like you might get the odd small profit

ps: anyone with short still on this is in trouble as its ben climbing for some time now

People smart enough to play it both ways are always smart enough to recognise when it's turning sour and jump ship.

Those who get caught into trouble are those who only go long, blame shorters for the drop in price (and their subsequent losses) and can't read between the lines of anything market-related. MDX "investors" are a prime example as are those named above - complete idiots! ;-)))) I'm sure another gossip column and insurance ad will set Max and Mike on their way again, deserved or not!! LOL!

Dilhave you got amnesia after going over Penderi Cliffs in your eight year old Ford Mondeoor have you been drinking early tonightbest of luck with Jockey Wilson MKS max company share schemeand a big puntI only make mistakes every
Coronationyou know I have done extremely well from FTOOXBBVICto name but a fewnice touch on the horses yesterdayso sober up sunshine

LOL

RSA, Tabatha????

MDX ????