Member Info for Gioviano55020

Sad to say I sold out today and I am a massive fan.
Could have done a lot better, but couldn't afford to let my profit slide back to zero.
Finish was OK. I expected it to be under 2550.
I must say I am a stunned that Ocado is in the situation it is. I had no idea the robot on frame system was supplied by someone else. Whatever the fine details are, to me, it is a black cloud at the moment. Just exactly what does Ocado own?
Yes, you'd think all the due diligence was done. But so far only a 3 line reply from Ocado.
It doesn't include the words... " we are 100% confident" ...or...."there is absolutely no truth to this"

Hopefully all will be sorted, have to see how next few days/weeks goes. I would like to be back in.
Very disappointed.

A stronger rebuttal would have inspired some confidence, that is lacking at moment

At least low volume is an OK sign at moment.
I imagine MM's pitched this low on open to throw some more people off.

so, no reason to write "little game til tuesday"

elbow, arse

what's on tuesday then?

I wouldn't worry too much about that, probably will be sorted quickly

what an afternoon!

Thanks Graking, very interesting, appreciate that info.

thanks Karister, interesting

That's obviously from their point of view.
I'm biased, but seems interesting they would launch this the day SP hits 2914 and is rated higher than Tesco.
You'd have to look at the previous actions that were taken in 2014, I'm assuming that was resolved and Ocdo took out it's own patents that were fully granted.

Thanks Chilting,
It does SEEM very easy, to simply repeat this story (circulating from 2011-14) and for the share to drop £3 on cue.

Back to the Oracle we know so well.

Value, at least you got your answer...yesterday someone big already knew this news and dumped at 29.
For once, Oracle, a few wise words.

true

BLOOMBERG....and Ocado has previously denied AutoStore’s accusations of patent infringement. The British company says that its automated warehousing system has unique hardware and software. It has filed more than 40 patents for its system.

This is NOT a new dispute

If someone wants their profit, can’t do much about it. Saw a lot of buys late yesterday...I would say 2750 was a reasonable buy if you’re hoping for 34 plus.
Hope we stay above 28.

Yes, probably right...I know you have to expect it, but when it comes....it seems unexpected!!!
The big boys move the market and when they want to sell off there is no stopping them
Unfortunately, I would think it might continue tomorrow before the tide turning again.

Just have to hang in there if you are a long term investor
I would like to hear some news, but even without it I think the future looks pretty positive. Personally I'm not that concerned about Amazon, they will do as they please, but are not the only player. I would never buy anything from Rupert Murdoch or Jeff Bezos.
Good luck all

The whole article is sloppy. Probably concocted from press releases.

When was the "Rocky start"to JV? ...three or four delayed customers, all of which received compensation.

I'm assuming that Morrisons/Amazon news is driving Ocado down today?