Northern Foods - a Tasty Choice!

Morning all. Welcome back MrP. We'd been looking after NFDS very nicely in your absence and fh's tales of woe on the market had been transformed into ones of joy - then our gallant leader returned! A little bit of excitement this morning for me as HMV released a trading statement to the effect that their last 12 weeks trading will be seeing their profits coming in towards the bottom end of analysts expectations. The recent price depression seemed to already take this into account, but, notwithstanding this it opened up at 6% down and held this price for 20-30 minutes with numerous trades going through. Unfortunately for me, I didn't react quickly enough to buy any and the price has now recovered to more or less it closing level of last night. A shame as a purchase at 146p would yield a 5.9% divi.

My lot are doing the not so unusual in that they are fighting against the tide by going into reverse as FTSE climbs.