Bioprogress is a stock I have been in and out of quite a few times since it floated in May but not much mention here on the Investors' Room. Does anyone else follow this stock. I see it is up 1.5p today and a few good buyers seem to have appeared.

adieh,thats it for me now,,who`s got the prozac.

bones - Ive summed dil up brilliantly on the IQE thread (post 100). Hes a sad and lonely man.

Lol, hang in there Dave, long term view don't forget, no point in selling now...

I hear the King is dead. Long Live the King!

I have just tried to buy on Hoodless B and first got telephone order only then got stock suspended. Anyone know about this??

The vo
lumes are huge and the the B/S 51/42/7. Something is odd with this price movement!!
Explain!!!!

Janus......WHERE is the RNS? ( down way over 10% )

GH has NOT resigned nor has the board asked him to resign

Let's see what happens now the close has arrived. We should see a RNS imminently this evening.

Lets hope we get something even it states the board are unaware of anything which should drive the price down to these levels?

Looks like market forces to me. All the sheep clamber aboard in a bullish phase on margin. After a sell-off, the margined long positions (being 3 x actual cash laid out) unwind dramatically as stop losses are hit. A vicious circle. The same will happen with the short interest when it goes the other way (as it did a while ago). It's not an ideal world for investing that is for sure.

Evening!

I'm as amazed as everyone else, but it was in the charts with very steep downward momentum on good volumes for a few weeks. This 70-90p area has always been the most volatile. I'm looking for a buy level now, but can't decide whether it'll be in the 60's or 50's. I suspect we'll have to form a bottom somewhere anyway so no point in jumping in too quick as this one's the sharpest knife in the market. I'm a bit surprised so many hit the buy trigger today actually, but each to his own, I guess.

Continue to feel sorry for many of those "investing". This ain't good for the heart rate!!

Al
;-)

Hi Al

I have to imagine there are a large number of traders/investors (shall we call them punters?) who bought on margin now in deep doodoo. It's safe to say that the compliance depts of GNI/IG/Cantor/Finspreads were busy on the telephones calling in margin. I imagine choice of closing had little to do with punters' "decisions" on the matter :) (or :( for some).

Whenever I think of buying on margin Please can I remember BPRG ++++ before I commit myself!!

But why can't I remember a bottom is never a bottom until 3 weeks later. For one day it is just another AH.

Bones

Quite possible. I also think some investors may have learned from their pain during the summer months too and set stops - I'm damn sure I would have given the depth to which many have got themselves sucked in. "eggs" and "baskets" seemed far too common a theme over the road during June/July. The relative volume sizes on this drop makes me suspect some set stops and have been triggered.

On the GNI question. I'm not sure they should be lumped with the spreadbetter/CFD companies. Every trade I've ever seen of mine through GNI has always seen in the market as a trade. They don't keep it in house. The remainder of these companies do seem to keep an "in-house" book, as it were.

On margin trading/investing, Fred, you have to have your money management house in order. If you don't you are doomed!!

Assuming the "Forced sellers snowball effect" is true. Are we due a rebound, and if so how big ? (Please say VERY big)

SuperBrugha

A bit early to say IMO. Think we've still got a bit of uwinding to do and form a clear base. It took a while in the summer and there's no reason to suppose it will be different this time. Having said that, you never know in the markets or with BPRG!!

Just watch and make your judgement. ;-)

SuperBrugha
Depends I suspect on what tomorrows RNS says.
Must be one surely?
Pleased to say I have kept away from this little baby for some time, as it is too hot for someone like me who is not willing to watch the screen like a hawk.

Kivver , as you don't seem to have been round too long my best guess is that your another useless poster who has had to reincarnate himself under a different name.

Stick round long enough and you may get the hang of it and don't go looking to Bones for sympathy as although we have often had differing views about bprg I can respect his position unlike the idiots like you who plague the bprg threads.

Bones , as if ..... I have taken a vow of silence on these :-)

M - this one's for young guns like Dil. ;-))