recovery shares

[craig12]

anyone into recovery shares at all   I spotted  Debenhams at 62.75p  this week  plummeted from around £1.25 some months ago  and have been £2-3 in days gone buy ,  obviously retail downtrend has blown the share out of the water and many a broker advising sell   but hey  its a punt  a gamble  that's the share punter in me  historic low for Debenhams has been around the 23p mark    if we get to 30p and below I may have 3000

[Cointreau]

Personally, I don't fancy this stock. Debs are just being out competed by John Lewis and Selfridges.

Look at Sears and JC Penney in the US. They are slowly dying. What about HMV, Dixons and Woolworths.

I don't see how Debs can make this recovery.

[craig12]

on that  note I think I can only risk £500 then  you may have a valid point ,  seems a very long established company , and I think they run click and collect  or on line  , not sure how many Debenhams there are,  if not ill look at photo me int  thay are always tipped in my tip sheet  but I missed the last rally

[Cointreau]

My new bus route goes through Oxford Street and in three months no one has asked for Debenhams. Everybody asks for Selfridges, Primark

and John Lewis. Perhaps Mike Ashley might buy Debs but I suspect he will wait until he can buy the company much cheaper than he can now.