MARKS & SPENCER (MKS) Very Top Heavy - Short from £4.01p Oct 2005

looks like £5.10 about to be breached.

Thought I'd cut and paste words from our hero below........................





"This should be priced as a recovery stock. However in my opinion there is little room for any upward movement in the share price. I initially went short just under £3.80p a few weeks ago and have just added significantly. My overall short position now averages £3.98p and I am short to the tone of £2500 per point.

Sensible views only please, thank you.

After adding on a few occasions my short position stands at an average £4.18p on 10/11/2005.

Added to short now averages £4.21p as at 11/11/2005

Added to short, now averages £4.33p as at 15/12/2005."





The word idiot springs to mind.

PMSL