red = 25dma
green = 50 dma
black = 200 dma


The Telegraph says the banks like Southern Cross Healthcare, and so it seems to have an almost endless supply of new capital. It recently secured �300m to fund acquisition plans. It also develops its own sites and hopes to add 1,000 beds this year. A good operator with a proven model, Southern Cross is well worth buying.

annual reports etc available from www.schealthcare.co.uk


have just bought for myself at 355

makes me sick to look at this one even though i don't hold ...... now effectively untradable at about 85p ...... closed friday at 317

and just a few minutes later, still crashing, crashing, crashing

greed says there must soon be a bottom to the massacre (hmm! interesting metaphor!) and a chance to buy on a bounce, but would take a brave man i think

Looks like a terminal cashflow crisis unless their bankers save them.

or one of their big investors or competitors takes them out

thought to buy at 80, then saw dive to about 65 so heaved a sigh of relief, but now see at a bit over 90 ....... all far too scary as on hol and generally sitting by pool

'generally sitting by the pool'? not specifically then : )
I have traded around 40k of these today and recovered all my losses from the ones I had bought over the last months. Now all in cash. I tell you, I was close to sitting in my own pool at times this morning!

well done ...... sitting glued to the screen was the only way to trade i think

thanks: the real lesson I learnt from doing this is a) I should sold when my stop loss was breached last week and b) knowing I had lost a lot of money mneant I had to get the trades right today (i.e bought at 57.5p not 1.30 when market opened. Had I sold last week and been able to trade as I did today I would have earnt a very nice holiday indeed this monring- we live and learn.

ah well, such is life as we sit in the gutter!

couldn't resist - went back in around the 109p mark. Glad I did.

clever old silverfern seems to have done well on this stock today (and i believe him!), but it will be interesting to see what the morrow brings ..... sp seems to have closed at 130, perhaps distorted by auction, but if you can monitor constantly, i think there may be another lively day ahead shorting initially

RSI suggests overdone...

RSI after a pretty dire profit warning has no relevance

cynic any viws on PCI

all i can say is that it is not a company i like much ...... far better bets in oilies ..... TLW, though a comparative heavyweight, certainly looks a good punt

thank's

SCHE is 103p now.

Stay away from SCHE by all means. It is 85p now.

Signs of the sp recovering a little after share buying by directors.

i think this will bounce a bit more today with a decent volume being traded.