Good question Hool, with this stock nothing would surprise me! Shorts down a little again today, this could be anything from £2 to £6 by end of 2016. The thing is with Ocado now is it looks so much more attractive with a weaker £. Wouldn't surprise me if 3 or more partners signed a deal in next year or even a takeover. Cheap as chips to overseas buyer at the moment.
Over 12% of the declared short positions were opened below 270, so will they take a hit now or hang on until the Trading Update? Looking at the 52 week upper trend line the test is around 290 in the next week or so
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