the news before has been that shoppers were delaying purchase until the last minute or even to after christmas. so retail activities have been below last year's levels. also remember, last year it was said that the only thing that bolestered the market have been custormer spending that had shot up to very high levels as interest rates had dropped to historically low levles.
after christmas, some shops have opened 5.00am to let customers in their droves!!
as for gmg, well, i i bought two games one as a present, the other for myself.
my local shop has been teaming with coustomers. yesterday as i passed by critically the queue to the till had ran the lenght of the shop, and it is a deep shop!
traditionally, this stock caves in in the run up to christmas, possibly in a bid by market makers to fleece in the small punters out of the stock they had bought in the run up to christmas for a quick sale and profit after christmas.
after the big drop, the stock starts to climb up and has hit some 130 p by feb-march in the new year. so these are your markers
the stock is up by some 1.5% to 72p as i write.
indicators have turned round to rise from low levels with much room for further rises.
