Countrywide - CWD .....the short ?!

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pineapple1 - Wed, 28 Dec 05 :

Generally i take it that when a company changes an FD or auditor then it can sometimes suggest bad news could be on the way.Heavy director selling is always a good indicator,much more so than director buying on good news.

With the addmission that the market is as bad as seen for 30yrs i cannot believe
there is anything to justify the stock trading up here despite the apparant green shoots appearing.They can be quickly trampled underfoot and if the xmas spending binge was ok then forget any interest rate cuts to stimulate the economy.

My short is underwater here but i have a feeling that everything is not good in the CWD garden.Will hold this as long as neccesary as i'm paid cfd interest and there are bugger all divi's to worry about.IMHO


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