Motorpoint

[trade vet 697]

Does anyone know why Motorpoint share price is up 10% in the last week.It is interesting when  you consider they sell ex daily rental cars and  the recent court rulings and class action on behalf of punters who have bought ex hire cars,I would have thought they were a sell.

[umesh 336]

This may be a contributor 

" Sold 1782 cars this week a record for the company and closing on on 6000 delivered for the month" 

Saw this on LinkedIn posted by their sales manager Burnley branch 

[trade vet 697]

3 minutes ago, umesh said:

This may be a contributor 

" Sold 1782 cars this week a record for the company and closing on on 6000 delivered for the month" 

Saw this on LinkedIn posted by their sales manager Burnley branch 

Thank you Umesh,that will be it............It will be interesting to see what happens in the long term,if this class action succeeds and the claim chasers get involved etc.....what a potential liability !