RE: JD Buying shares22 Sep 2020 13:34
Oh dear. How many times have we seen directors etc buy large volumes of shares in a failing business; Debbie at Interserve to name but one.
I am not suggesting this company will fail, but I feel it was of its time and has had its glory days. This is no Burberry or LMVH but cheap, foreign made products that are HYPE HYPE HYPE.....and overpriced.
Unless you have huge CGT gains, or can lose the money becuase they sold huge holdings at share price highs/floats, people like those have win win. If it does well, hyped too, brilliant. If it carries on down then they can offset CGT losses so a win win too.
I wish this company, all the directors, and shareholders large and small, every success.....for me, 'I'm (Superdied)out'!