Choppy23 Mar 2011 13:28
According to their website the forecast date for this to go ex-div is 23/3.
No crystal ball i'm afraid as you would be only too aware if you spent some time looking through my investment history lol!! The only saving grace for me is that during the 70's-90's we had so much spare cash to invest that i was bound to hit one or two winners. Even though some of it is not now worth the initial investment, some of my dotcom U/T's bombed and are now worth half their initial deposits :( , there is enough left in the pot, now we are retired,to see us quite comfortably to the grave with a little left over for the kiddies to inherit.
As for HMV, i am genuinely sorry for your loss as i'm not one of those that revels in other peoples misery. I took a look at the 5 year graph you can find on here and that just about said it all for me. Reports from people saying they had seen their local store busy didn't really cut it as there is nowhere else on the high street to go. Woolies were always busy, but it didn't stop them going to the wall. There are so many online places to go to buy exactly the same items cheaper that it is not hard to see why they are struggling. Even HMV online are not competitive!! By all means stay in and hope for the best, as it may be hard to sell and walk away with a loss. But, if i could offer one small piece of advice, it would be to think very carefully before throwing more money at it in an attempt to average down. Other people will be championing that route, and when you have bought into a share it can be all too easy to be carried along with the 'it can only get better' brigade, and to rubbish those that are saying 'get out' and 'this one is dead'. ATB with whatever you decide to do.
THT not looking too rosy at the moment, just seems to struggling along bouncing between 90-100p. Maybe this is another retail disaster waiting to happen. Hopefully if they ever do decide to pull out of retailing they will keep making their yummy chocolates so we chocoholics can still indulge ourselves online.