Martin Dobson
Martin Dobson
Martin Dobson, popularly known as "Sir Dobbo", was born on 14 February 1948 in Rishton, Lancashire, England. He is a former professional footballer and England international who played as a midfielder. He was the first player to be transferred for £300,000 when Everton bought him from Burnley in August 1974...
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The market's set to hold around the 5,000 level at the moment, with the retail sector coming under more and more pressure and UK house prices looking like they might come lower. The banks' potential credit risks become higher, bad debt provisions become bigger.
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If we get any further signs of strike action hitting British Airways or Gate Gourmet going (into administration) the BA stock price could go below 280p, especially with the oil price as high as it is.
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It's the best thing for Granada and Carlton, they will be happy to be shot of the problem but whether they get litigation and how badly it affects their share price still has to be seen.
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We've had nearly a 1,000 point rise over the three months options period. If people are feeling good about this market, and it's starting to have that upward impetus, you'll find people exercising long positions.