have we got anybody out there holding this stock or am i the only one...really like this one ...have been holding for quite a while....cant work out why it keeps going down though...hasnt brought out any bad news although like many small stocks is news driven and whilst it doesnt bring out any news it flounders a bit....but saying that it has got very cheap now ....moneyam seems to have trades wrong though....i would say theyre buying for 4.12 and selling for 4.06 at the moment but most trades appear as sells....your thoughts would be appreciated

A good reason to top up. there is not reason bad fundamental reason for the sale other that bulls are giving up.

roflmao :-)

I must remember that useful new investment rule.

"when the price has halved in the past three months it is a good reason to top up"

The good thing about these BBs is that you learn something every day.

I see you are working a few Financial sites at present.

No. I thought that the word 'few' was an indication of more than 2. I have posted here and on ADVFN about VTB. There are no others sites worth posting on. I know of at least 6 others but they are a waste of time.

Haystack, definition of few:

"Being more than one but indefinitely small in number"

You seem very touchy today.

No. Not at all. I just prefer accuracy and not an implication that I am posting all over the place about this. The common usage of 'few' is generally more than two.

The main thing is that I think the price is very weak for good reasons and I am expecting this drop further to around 2.5p.

But it bounced yesterday on support, thats not a weak signal!

It was down yesterday, but closed one tick up off its lows for the day.

so it bounced!!

I don't think that is what generally known as 'a bounce off support'.

A bounce off support is normally when a stock falls to a support level and closes at about that price. This is then followed by a close up the next day or very soon after. This is then deemed to have bounced off support. If you are using a line chart then your type of bounce is invisible and it just looks like the price went down to support as in VTB's chart.

you have not shown the tick up on the chart, the bounce!

No I haven't charted the tick up today as the discussion was about that you posted earlier. Let me remind you: -

gemfinder - 08 Jun'04 - 12:35 - 125 of 129

But it bounced yesterday on support, thats not a weak signal!

...................
It doesn't look to me as though you were discussing the bounce today so I limited the chart to the close yesterday. It most certainly did NOT bounce yesterday. Just look at the chart. It did bounce off support today though. It remains to be seen if it is a real bounce and it closes up and whether it tests the support again very soon.

Ok, it bounced intraday yesterday and bounced further today. Can I have a new chart showing the intraday bounce of yesterday and todays bounce.

Courtesy of supermum



6 month chart

It just looks like it is in an established downtrend!

I would say it looks rather positive

Haystack must be the number one deramper of VTB (here and ADVFN). Very nice of him to miss the tick up off of the chart.........he does like to show only the bad........perhaps we should call him Mr Negative.

Does anyone know what stocks / BB's Haystack is posting supportive news on, we can then all go there and deramp his favourites then.

VTB Market Maker Positions

 

Date	Sold	Bought	Net
7-Jun			Neutral
8-Jun	703944	192170	511,774 SHORT

barneyman

You should read the thread mor carefully. There was nothining sinister about leaving off the tick up. The point of the discussion was whether there was a bounce on the PREVIOUS day, so that was the day the chart ended to show that it went down. If you want to post on stocks that I post on positively then feel free. You may need a paid for subscritption though.

I am still very negative about VTB and still expect this to fall. Here is a chart with the tick up and you can see VTB is still well into a downtrend.