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McColls: it never rains but it pours

By Tom Winnifrith | Tuesday 3 May 2022


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.


I just cannot understand how anyone still owns shares in retailer McColls (MCLS) as it is, as I have been warning since November, doomed.  The shares are down by 94%, since that prescient warning, at just 0.848p. Now, with more bad news today, the shares have only 0.848p to go to reach target.

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