Member Info for ParanoiaBlue

...worth a quick short!

..just closed my short ATB

....Bull!!

I’ve been busy elsewhere – it’s been a good week for shorting. If my view of the economy is correct, there will be much more to come. However it’s never a smooth route, either way. ATB

for now.. ATB

..my second ATB

Thankfully it appears to be reasonably mild [without any other complications, involved]. However it will be interesting to see if it has any effect economically, towards Autumn.

....I was I who took the photograph! :)

...short, here, letting the other run, hopefully for a little more.

"Aim listed luxury leather bags maker Mulberry reported a decline in full year pre-tax profit and while it made a positive start to the current financial year, it remains cautious amid an uncertain economic climate."

…..would appear to be what we are dealing with now!

Yes, I got caught on the way up. Really surpised me. A while back, it was as volatile as some of the miners. So there was always that chance to recoup something.

Hi, I’d be careful with this one. It could quite easily slide all the way back to where it was 3 or 4 monthsago. It’s been selling off a lot of the “family silver” just to stay afloat. ATB

...yesterday’s dip being backfilled! I didn’t see any reason for the drop.

GKN planning $695 million rights issue http://www.marketwatch.com/story/gkn-planning-695-million-rights-issue

Alexon is no longer the height of fashion sales http://thescotsman.scotsman.com/business/Alexon-is-no-longer-the.5377220.jp

"Leisure group Whitbread (WTB) said that like-for-like sales during the 13 weeks to 28 May fell by 2.7% as its Premier Inn hotel chain struggled amidst falling levels of travel among businessmen. Revenues at the hotel chain slumped by 7.9%, and were down by 9.6% on an available room basis. In response to the weak business market, Whitbread is to expand its presence in the leisure market and has just launched Premier Offers, with hotel rooms from just 29 pounds per room per night. Beefeater Pub restaurants and coffee chain Costa proved more resilient, however. Costa's sales total sales climbed 18.5% year on year and like-for like-sales grew by 2.6%. Pub restuarants' like for like sales increased by 2% and like for like covers up 2.6%. Total sales, excluding the 44 sites disposed of in September 2008, rose by 7.4%. "We believe that Whitbread's brands are well placed in their markets, although the outlook is challenging," chief executive Alan Parker commented. Whitbread shares finished 3p lower at 847.5p.

Sales have continued to slide at fashion retail chain owner Alexon with little respite expected from the tough retail climate. Like-for-like sales in the 17 weeks to 13 June fell by 10.5% and by 12% including the two weeks hit by snow. Increased promotional activity also meant margins experienced a small negative impact over the period.

...the ubiquitous “based on personal reasons”

Despite persistent concern that fashion chain Ted Baker remains vulnerable to its customers “trading down” to mid-range rivals, it continues to perform to plan. It also has cash on its balance sheet and scope to take advantage of cheap US rents to accelerate its expansion: it has 11 stores in America but targets 30 within three years. At 370p, down 5½p, or 13 times earnings, hold on says the Times.