RE: Bouncing back8 Sep 2017 12:21
Quite a depressing initial fall this morning, goes well with the weather today and over the summer I suppose, which has not helped.
Could do with more encouragement from the boss, reports do always seem to be dour, sell yourself and the company and product please. Do you ever see any advertising local or national? Remind people that they can enjoy themselves!
A build up of shorts to about 4.4% has taken its toll, but if I remember, 10 - 12% a couple of years ago.
I think fallingknife is right 600 is a fair start to rebuild today, HSBC have 595 as there target a few days ago!!
Today Shore, Liberum and Peel Hunt today retain or reiterate add/buy at far better value. Even Investec who reduced from buy to hold have a target of 667.
Total over-reaction on Marstons too, with far fewer shorts in place.