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Shoe Zone – a 2:58pm “Result of GM and Interim Update”, now in a better position?…

By Steve Moore | Friday 1 May 2020

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.

Previously writing on value footwear retailer Shoe Zone (SHOE), I concluded on a 5:05pm “Proposed Cancellation of Dividend / COVID-19 Update” and with the shares at 75p that there particularly not a propitious position presently and it looks safest to sell / avoid. The shares have since been up to around 90p but are currently back below 80p following a “Result of GM and Interim Update”…

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