Member Info for tricky1276

@ 6.09 ADVFN issued an " update " on the Berenburg downgrade .
This "update " was published before the market opened and in the same stream / format as an official RNS. I have no intention of paying + £400 / year to scrutinize this nonsense so I do not know the details .
If Berenburg wish to issue a downgrade it should be communicated to their very appreciative clients and that should be the end of the matter , it should most certainly not be published by a website to all and sundry in a quasi official manner as an obvious attempt to manipulate the market ,which is open to potential corrupt practices.
The good news is that in the same manner they issued an " update " on Page ( 6th Dec, check out my posts ) .
Lo and behold for no apparent reason on that date it dropped 5% on the market opening . It has since risen by an annualized 60%.
Some sensible regulation of this market is urgently required by the FCA ,but I am not holding my breathe.

Dibeg is probably correct
The short positions have recently increased to over 2% , very easy for them on a smallish cap stock like this to make a coordinated attack to trigger stop losses . I will not be selling.

Actually £1.98.

two cards @ a bargain price of 2£ today.
The usual constant line of purchasers . Clintons bang next door devoid of customers

the doom mongers have got this wrong.

One wonders about the intent of the deutche " downgrade "
At best it was highly incompetent
At worst it was highly immoral .
Up about 35% since

especially considering the adverse weather . Some very strange activity here 95 % of sellers at these prices will be selling at a loss , no doubt some stop losses will have been taken out , but could it be that shorters are selling shares they don't own ? I would not be surprised to see an increase in the short reported positions shortly. i would also expect trading volume to dry up for lack of genuine sellers.

This business model is both contrarian and sustainable Good results considering the state of the high street ,and it is absolutely guaranteed that they are taking market share from competitors . Deserves a re-rating.

This morning the rise was very abrupt about 9.30 after the good recovery in the retail sales figures . Maybe the market has realized that retail is not yet dead. Other than that they have probably taken this down as far as they can, and run out of sellers, so they are now allowing a rise . The manipulation going on in the cleaner than clean FTSE is something to behold.

Danny it would be a very foolish " investor " who would sell out of a share at a loss because there has been " no news " , one wonders what news they were expecting ? Actually there has been news. The fall in the sp can be very readily explained by the recent fall in the � v $ as a result of Brexit concerns and smarmy carney's lack of credibility . This may have an impact on the company margins , but they apparently have hedging in place so who knows ? But it does raise some uncertainty. There has also been the news that retail footfall and spend has fallen again. This is obviously bad news for retailers , the shoppers are feeling the pinch but IMO it is good news for value retailers such as Card because that is where they will be shopping. Indeed, I have on numerous occasions witnessed the stark plundering of market share Card V Clintons in my town . Yes I realize that I should not be making assumptions on a survey of one, but if this is even partially replicated nationwide Card will be creaming it. ATB

Must agree IMO this is being manoeuvred on low vol to try and shake out some sellers in the absence of news. Much under 214 and most punters would be selling at a loss as it would be not far off historic lows , so traded volume will probably dry up making for some volatility and possible trading opportunities ( not that I am a trader ). I would most certainly be adding.

the news this morning that retail footfall was down again I felt compelled to check out my local store . 8 browsers + 3 paying at the tills. Clintons right next door, 1 browser + 2 assistants having an idle natter at the tills. Went away feeling very reassured .

that a share goes ex div and finishes higher !! The market has perhaps realized that this has been oversold ? Or a realization that when they dropped on the opening to 216 that even with the div most punters would be selling at a loss , hence no sellers.

Not a worry for me as I will be holding for the div , and the long term.

The decline started on Friday afternoon , exactly the same time as an RNS was issued stating that the chairman had sold 100000 shares. Not a large amount and it has no reflection on the company as he probably had good personal reasons for the sale ,but it will have an effect on investor sentiment . ATB

The director selling did not inspire confidence , it will probably recover a bit before the LDR ATB

Who knows ? there is no certainty and manipulation abounds But the shorters need to buy back or else they will be lumbered with a div payment, there is not the volume here to enable them to buy back enough, so on balance the sp should rise up to the LDR as they attempt to buy back. ATB

Dead right, they are playing games to give the shorters a chance to close out before the div becomes payable . A shortage of volume and probably a shortage of sellers so shares not available ,answer is to trigger stop losses.

Hi Brentharg Yes I was being ironic, not easy to close shorts without moving the sp especially on a smallish cap share with not a large volume traded. Whilst I firmly believe in the fundamentals of this company and its future prospects , some of the recent rise could well be down to the shorts closing. That said the forthcoming div and possibly further buying by the shorts should underpin the sp in the near term . Long term this is IMO a great contrarian value play in an oversold retail sector.

that the shorts have halved their open positions. Maybe they sent an underling round to check on store activity and got the shock of their lives. They now only have another approx 3.5 M to buy back. ATB