for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

You make me laugh blinger! It's not about what you tell to whom.

I am still in - but have to admit to being a atd nervous - even though the fundamentals have not changed for months - but then again - nor have the sales.

We need news of sales before xmas - otherwisw we will get a self fulfilling prophesy here and it will do a BPRG on us

To all those who are still holding. This looks like decision time to me. The question arises whether you think its all gone horribly wrong and its time to dump and move on, or whether this is caused by traders natural reactions to charts and technical sells.
I still believe that things are going well, and this is caused by lack of news and people selling because the charts tell them to. That is fine and that is their trading style. I hope I am right in saying the recent promotion is to capitalise on good trials and heightened interest from retailers, but it is equally possible that the promotion is an attempt by SEO to put it back on course, because the previous encumbant was getting nowhere.
Trying to be balanced here, but my decision is still to go with my instinct and hold, but my instinct is not strong enough to take this as an opportunity to top up. I am not a very large holder and my losses would be very small so perhaps I am in a fortunate position and if my holding were large I would reach a different conclusion, but for better or worse, there it is.
Alan

Baza/Alan

Agree with you. I shall still be watching closely and believe in the company, however I feel my money is better in something like Aminex (AEX) at the moment...just more a question of what else you think is better.

If it had all gone wrong then we would have had to have had an announcement by now full stop.

Biscuit,

Have to agree with you, but also share the doubts of Hewittalan6.

Greekman,
So formal.
You can call me Al ;-)
Alan

Thank you for your comments guys.

I have a reasonable sized holding in this - and I agree with biscuit - if this had gone tits up we would have heard by now - either officially - or via a very strong rumour mill.

Apart from the odd rumour about trials not going well , which have so far proved to be unfounded - we do know that they are behind schedule - but this was probably due to poor planning - rather than anything technical.

We will not hear anything tomorrow - bad day for releasing RNS's - so earliest we will hear anything will be next week - but I still favour the scenario that they will release a close statement when they have got some good news to spread.


Baza

Some how I doubt Stanelco would have allowed Starpol to be tested by ASDA before they were doubly sure that it was water tight, Martin Wagner would have known exactly what standard ASDA were looking for. You should only have doubts if you haven't done your research properly but in my view if that's the case then you shouldn't be investing in shares anyway. Remember Martin Wagner has worked for ASDA, Terry Robbins for Sainsbury's, these are not fools that the company has employed, they were employed for a reason!

I hope you are right, Baza. I think you are right!!
My nightmare scenario though, is that the lack of news causes a steady drift, which in turn causes chart or jittery selling, causing the pace of drift to pick up. If that happens then the best close statement in the world aint gonna help too much. It needs to be sooner rather than later, to smooth ruffled feathers.
Alan

ok guys next concern - I thought I would try a bit of bravado and BUY a few more - not many - but BSL have stopped dealing on line because the MM's have removed them from the system. What does that tell us ????

Baza

BSL?

Dont know but I doubt its good.
Alan

Can anyone see level 2? Is there any sort of clue there?
Alan

who's BSL?

Barclays StockBrokers Ltd

L2 is 2:3 @ 12.75 : 13 and 50k : 195k

And they are trading, a sell has just gone through.
Alan

So your saying that BSL won't trade in shares of a fully listed company on the LSE?

Bhunt if I were you I'd change stockbrokers pretty sharpish.

Only over the telephone - they have stopped dealing on line because MM's have removed them from their automated system.

I can still buy - but only at telephone commissionn rates - rather than the online rates of 7.50