Confidence could be uplifted again...not a colossal amount 13000 shares but at a good level no doubt, could rise here again...

Bought myself as a result, as chart appears to give me confidence...

Huge amount of MKS shares moving - 43,000,000 already this morning,
Some large buys it suggests and possibly a lot of small investors
cutting and running....

Stockbunny - no I didn't buy ULVR, didn't have time to check out dates (there may be a reason the price may drop again, but hope to find time this weekend.)

I don't know about small inveestors cutting & running, I do know about investors shorting (selling, without buying first) because they believe the price way above the projected bid price, (MKS has to be attractive to buy or it's pointless) and will drop which is when they'll buy it back.

two trades have gone thru' at 9.55 to each buy 2,000,000 at 353p
(just for info)

It's really hard not to pay attention to the actual trades.
I'm trading Direct Access CFD's. (And there are lots of us out there).
It means that not only can I buy/sell 10x as many shares as I have the
money for, but I get to sell shares at the buy price (and they are
recorded as buys, as someone else bought them from me) and buy shares at
the sell price (recorded as buy sells because someone else sold them to
me).

The price moves according to the number of orders that get filled on
the direct access (what you see if you have L2) order book, which is why shares sometime move the other way to the recorded trades.

Understand and interesting....

if any ones bought recent at low levels under 3.00 be sure in your mind whats going on seems to me a lot of people are holding on for a nother bidder ,,remember mr green could leave this shop without buyiny anything ,,it wont be the first time he`s shock the retail industry with talk of deals,fact one he never/never pays over the odds.m,s property alone worth a few quid,,2 billion,,myself i cant see him paying full value in excess of 4 pound a share,,but you never no,,regards dd.

OK so is everyone still holding on in there all set for open of play
tomorrow morning? Might be worth bringing your sandwiches as it could
be a long haul. Good to read over weekend Green is prepared in theory
(or so goes the rumour)to sell out BHS for MKS sale to go through.
Press reports I have seen so far seem positive and that can only be helpful
(hopefully) to our share prices next week.

be up early and bring your flasks ,,goodluck wish you well bunny.

Good luck to you too Dave
- Not sure when I will be on site, but will be some time
in the morning (clash of priorities...shopping versus stockwatching!!)

i`ve just sold mine 3.6o,,bought for 2.80,a few weeks ago,but cheers.

Good Morning MKS watchers...

morning bunny,i see stockwatching,,is beating shoping,at the moment,lol.

It certainly is, considering the weather as well there was NO
contest (lol) Good on you for your MKS profit!

Oh well back in the news for all the wrong reasons,nothing new there then , is 2.80 on the cards again ?

A lot of peeps did well i hear on mks in the last few months no doubt...

keep well Jules99...

P.Green has just announced he won't be bidding for M&S !
Should see some action today!

Edit - That was Bloomberg at 7 a.m. but no RNS yet.

Closed at 333, well below that support at 342, next support is at 265 ( maybe at 328) retail outlook a waste of time and the stores as boring as ever. Keep selling.

although not holding mks any longer , it appears strange to me that shares magazine recommends a sell on on page 19 today and a buy on page 44

yes i noticed that probably edging their bets at least they wont be wrong.
me ive gone LONG on m&s

Just been e-mailed by MKs concerning their 'Up to 50% 0ff' SALE - so I had a look at what they've got - and I can't find anything at all I'd want to buy and neither can my wife. In fact, other than food, we haven't bought anything from them for months!

http://www.marksandspencer.com/

We both think they have now, both utterly and completely, lost the plot. The MKS 3-month chart also looks as though it has now broken out and to the downside:



What do you think?