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Originally Posted by percy
Loss leaders at Supermarkets.?
It is the supplier who takes the hair cut.
The Supermarket retain their % mark up.
Hey Percy, why are you replying to me?
I'm referring to OCA'S core business.
It's JONU who was comparing his perception of Supermarkets loss leader strategy to OCA'S core business losing money.
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Originally Posted by winner69
Yesterday close 56 cents at least wasn’t 52 week low
But Value probably hoping it’ll make a new 52 week low today
Retail buying and institutional selling.
Notice how the bids are getting thinner but whenever they build up to sufficient volume, the instos take the bids out? Cent by cent, the sp goes lower.
Just be careful out there, folks. No point becoming cannon fodder (something I have learnt from bitter past experience) when a stock has lost favour in such a manner.
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