Shares up today!

[Bushmaster]

In IG Index, Burberry and JD Weatherspoons.

It's a sign I tell you.

Like rats after a nuclear war, the Chavs will survive.

[ShadownINja]

IG Index shares up? Can't imagine why.

[dibbers006]

Why are Burberry Shares up when they are announcing Job Cuts or am I bein' that there stoopid?

[anonymous-user]

[ShadownINja]

[JRM]

very good

Better start panic selling Burberry now that they have gone up

[Neil_H]

House prices are up in some parts of London this month.

[MilnerR]

dibbers006 said:

Why are Burberry Shares up when they are announcing Job Cuts or am I bein' that there stoopid?

Job cuts are only bad for the employees, great for investors, fewer overheads, hence shares tend to go up after mass redundancies are announced.

[over_the_hill]

MilnerR said:

dibbers006 said:

Why are Burberry Shares up when they are announcing Job Cuts or am I bein' that there stoopid?

Job cuts are only bad for the employees, great for investors, fewer overheads, hence shares tend to go up after mass redundancies are announced.

Because fewer overheads means more profit to be distributed to the shareholders- making the shares much more attractive to investors.

[Fittster]

Bloody hell the gold price has shoot up, £38+ on the day!!

End game approaching??

[2something]

Neil_H said:

House prices are up in some parts of London this month.

Do you have anymore info on that ?

ETA: actually I think I have found it.

Edited by 2something on Tuesday 20th January 15:44

[dibbers006]

MilnerR said:

Job cuts are only bad for the employees, great for investors, fewer overheads, hence shares tend to go up after mass redundancies are announced

over_the_hill said:

Because fewer overheads means more profit to be distributed to the shareholders- making the shares much more attractive to investors

Thanks.

That's some cold, moody life stuff being laid down right there

[AndrewW-G]

dibbers006 said:

Why are Burberry Shares up when they are announcing Job Cuts or am I bein' that there stoopid?

Burberry have been trying to move all their manufacturing out of the country for the past couple of years, this is a good time for them to close down all the UK factories and blame it on the recesion..........just who they think will be left to buy their tat is no doubt far from their managements mind (no doubt somebody will now post that Chavs buy it....even though we all know they only buy knock offs)

[Neil_H]

2something said:

Neil_H said:

House prices are up in some parts of London this month.

Do you have anymore info on that ?

I don't have a web link, just what I read in one of the free London papers yesterday. I wouldn't read too much into it!

[superkartracer]

http://finance.google.co.uk/finance?hl=en&tab=...

What time does the market close? it seems RBS are in the st!!!!

-7%

[ShadownINja]

Neil_H said:

2something said:

Neil_H said:

House prices are up in some parts of London this month.

Do you have anymore info on that ?

I don't have a web link, just what I read in one of the free London papers yesterday. I wouldn't read too much into it!

Dead cat bounce?

[2something]

ShadownINja said:

Neil_H said:

2something said:

Neil_H said:

House prices are up in some parts of London this month.

Do you have anymore info on that ?

I don't have a web link, just what I read in one of the free London papers yesterday. I wouldn't read too much into it!

Dead cat bounce?

3 minutes, that is pretty impressive. I think if I posted on PH that my council tax bill was going up, it would get a 'dead cat bounce'

[ShadownINja]

2something said:

ShadownINja said:

Neil_H said:

2something said:

Neil_H said:

House prices are up in some parts of London this month.

Do you have anymore info on that ?

I don't have a web link, just what I read in one of the free London papers yesterday. I wouldn't read too much into it!

Dead cat bounce?

3 minutes, that is pretty impressive. I think if I posted on PH that my council tax bill was going up, it would get a 'dead cat bounce'

It's not an MX5 response, though. Dead cat bounces catch most newbie traders out. Look at the PHer who bought £10k RBS at 41.9. There's the handful of PHers who bought Northern Rock at 300p, 120p and 90p...

We've all lost money on dead cat bounces. Some learn the folly of such trades.

Edited by ShadownINja on Tuesday 20th January 16:07

[Bushmaster]

Ah, but a dead cat that bounces cannot be very far from the floor!

And it may get made into a fur coat, or at least a tasty Indian meal.

Edited by Bushmaster on Tuesday 20th January 16:13

[ShadownINja]

So you average down? Or turn a trade into an involuntary investment?

Edited by ShadownINja on Tuesday 20th January 16:14