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.
Most recently on Ocado (OCDO), in February with the shares down to 215p I suggested its technology platform ‘evolution’ needs to be quite revolutionary to go from major retailer customers reducing planned usage to material “new partnerships and growth”. Now it states it “is pleased to provide further clarity on the next phase of its long-term leadership transition… following the recent announcement regarding CEO succession planning”, and what of the shares currently further down in response at around 180p?
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