By Chris Bailey of Financial Orbit | Thursday 19 November 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Back in September I confessed to the ShareProphets readers that I had been making some semi-regular visits to my local 99p Store. I also called a sell/avoid/short on Poundland (PLND) shares and it is the latter which has to interest us today following a litany of disasters in the company’s interim results statement today.
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