The Independent certainly doesn’t mince words about what to do with stock in HMV, the parent company of Waterstone’s: sell, sell, sell. What do you expect when the share price “looks like the Grand Old Duke of York – it marched all the way to the top of the hill, and it has marched back down again.” The problem is that the share prices aren’t that cheap and that there are cheaper options everywhere. Which is why at the moment, “HMV looks like a business that has had its day. A predator may be willing to come along and put it out of its misery, but it would be pointless to wait around for what may very well be a vain hope. There is little reason for investors to hang on when there are plenty of better opportunities in the market. Investors should cut their losses and sell.”