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
Add MYR (ASX) to my watchlist
 (20min delay)
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Last
84.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $696.6M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 84.0¢ | 83.5¢ | $91.86K | 109.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12738 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 30238 | 8 |
View Market Depth
| Last trade - 11.05am 30/08/2024 (20 minute delay) ? |
| MYR (ASX) Chart |