Marchpole is one of those stocks which have had a really bad time. Boardroom battles, losses, price collapse, profit warnings up the ying yang.

Now all of those things seem to be sorted out, new management are getting to grips, new contracts and the price is on the up. So much so that Monday ought to see a 50/200 day MA golden cross.

DYOR of course, but I think I will be putting a few of these away at the open.

Socco

Interest around Marchpole Holdings, the designer menswear distributor, has been extremely buoyant in recent days, pushing its shares to an all-time high yesterday.

The excitement surrounding the company that distributes clothes made by top designers such as Yves Saint Laurent, Ozwald Boateng and Jean-Charles de Castelbajac, has been driven by retail investors.

House broker Shore Capital is forecasting full year pre-tax profit of 3.4m, based on earnings growth of 19 per cent.

There's the tick up. If you've been waiting to top up, now's the time to do it.

Buyers are returning in force now.

Just got in from the dentist, in blue territory when I left. Just managed to get some more at 25.38p having missed opportunity of bagging some under 25p :-(

Now fully stocked at an average price of 22.5p, it now has my permission to head North to 30p.

capa

Good move capa!

Clever MMs. Lovely tree shake!

grevis2 .... would you have the time (or patience) to explain a "tree shake"
Thanks in advance!

That's when market makers want stock and they try and shake out weak holders by dropping the price in quick succession. It doesn't always work, but in this case the MMs got it right.

thanks grevis2

Up 5% this morning. Looking good!

Ooops! Make that 6%.

A nice steady rise to 30p is what the doctor ordered.

NRG at last getting its bum into gear on the run up to results :-)

capa

Now that looks like an attractive price!

Now in come the buyers!

And up goes the bid!

Ticking back up again!

There's the second tick up!

Max online buys now 37K with Barclays.

Now that's a nice tick up. We have blue!

The Ferrari Formula 1 team fired their pit crew yesterday.
> > > > >
> > > > > The announcement followed Ferrari's decision to take
> > > > > advantage of the British Government's work-for-dole scheme
> > > > > and employ previously unemployable youths. The decision to
> > > > > hire them was bought on by a recent documentary on how
> > > > > youths on the infamous Manor housing estate in Sheffield
> > > > > were able to remove a set of wheels in under 3 seconds
> > > > > without proper equipment, whereas Ferrari's existing crew
> > > > > can only do it in 6 seconds with high tech gear. This was
> > > > > thought to be an excellent, yet bold move by Ferrari
> > > > > Management as races are won and lost in the pits and Ferrari
> > > > > would have an advantage over every other team.
> > > > >
> > > > > However, Ferrari got more than they bargained for at the
> > > > > crew's first practice session, not only were the Sheffield pit
> > > > > crew able to change tyres in under 6 seconds, but within
> > > > > 12 seconds they had resprayed, rebadged and sold the
> > > > > vehicle to the McLaren team for 4 bottles of Stella, a gram
> > > > > of speed and a quick shufty at Coulthard's bird in the shower.
> > > > > The Ferrari team manager said that the situation was being
> > > > > reviewed at the highest level.