aim type drop24 Mar 2016 18:28
The previous poster who stated that todays drop was like a aim stock was spot on. I have never seen such a over reaction. Trading shares now is becoming impossible to predict, we have seen companys valuations smashed to bits in the last few years, SUPERMARKETS, BANKS, MINING STOCKS, OIL, AIRLINES,ENERGY SUPPLIERS, MILITARY DEFENCE COMPANYS, is there any safe share to invest in at the moment. Years ago you could buy a share and forget,now you can buy a share and within a month you could be 40% down on your holding. NEXT are a rare company they actually look after their shareholders. I am not a great lover of share buybacks as they are very rarely work and money can be better spent.NEXT were buying back at 67 pound the other week, pity they did not wait till today and they could have smashed the shorters driving the price down today.All i can say is if the critics think NEXT are going through hard times then it will not bode well for every other retailer on the high street.