Keep shorting the stock as hedge fund has been doing the same as other traders.
$600 m strategy including job cuts, brick/mortar department closures, firing catwalks advertising leaded by ambassador Jennifer Hawkins and online firepower could make those shorters run for cover.
3.9% sales for the first quarter 2016 could show strong underlying profits that's not to mention the Christmas sales at the end of 2015
I'm buying on Wednesday.
http://www.theaustralian.com.au/bus...e/news-story/e15d0b75d9ff54cf6605287cf4e685ab
This is a screaming sell, page-7
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Last
82.0¢ |
Change
-0.035(4.09%) |
Mkt cap ! $686.7M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 86.0¢ | 82.0¢ | $450.3K | 542.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 47000 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 1035 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| MYR (ASX) Chart |