Tesco shares - worth a punt?

[The Hand]

Yes personally I think it's not over for Tesco bad news wise. I'm half tempted to short Tesco the way it's bounced back up after yesterdays news.

[wasabi]

Things seem to be business as usual, as least as far as Xmas promotions and the likes go. Suppose the post Chrimo results will be interesting - if anyone believes them...

[The Hand]

Slightly OT.. but on the topic of shorting/falling share price, look at Quindell PLC (LON:QPP).. News just came out at 14.25 of a major shareholding firm dumbing their 2.99% stake in the company. If anyone wants to see a company in a terminal nose dive look at QPP!

On Tesco though - I found this on Fool.com:

http://www.fool.co.uk/investing/2014...0000002&lidx=4

[kalniel]

On Tesco though - I found this on Fool.com:

http://www.fool.co.uk/investing/2014...0000002&lidx=4

Though as stated, the author and the website posted on both own Tesco shares.

[The Hand]

Though as stated, the author and the website posted on both own Tesco shares.

I posted for general information purposes...

Here's a longer article from Fool:

http://www.fool.co.uk/investing/2014...aldi-and-lidl/

Talking about the wider supermarket situation.

[TeePee]

Tesco is currently showing 227p, up 34%. FTSE up 7.2%.

[Ravens Nest]

Been told at my warehouse that we now have a pay freeze (even though the government say the average pay rise this year for everyone is 3.5%) no free shares for employees this year (Did this to us a couple of years ago too) and our pension's has been frozen (which was the envy of the retail market)to be replaced with the standard government one.

Things must be bad, but they're taking it out on there employees as usual (Obviously i do not want the company to collapse, perhaps this is what they have to do!)

[BENBOBBY]

Very tempting. Surely a big business like Tesco could weather the storm then the shares will go back up!?

[kalniel]

Surely a big business like Tesco could weather the storm

Surely the banks could never fail...

[HalloweenJack]

Been told at my warehouse that we now have a pay freeze (even though the government say the average pay rise this year for everyone is 3.5%) no free shares for employees this year (Did this to us a couple of years ago too) and our pension's has been frozen (which was the envy of the retail market)to be replaced with the standard government one.

Things must be bad, but they're taking it out on there employees as usual (Obviously i do not want the company to collapse, perhaps this is what they have to do!)

managers all gone very very quiet this week - they had the restructuring meetings