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

Being a gambling man, if they've closed the book on short positions then surely that means it's a certainty. The bookies don't want to lose money.


But then again it could also mean you're full of shit, with a huge short position yourself. Guess we'll find out tomorrow.

LOL

Paulo,

I doubt whether one individual's passing comments could significantly affect the outcome here when literally millions of are going through each week, do you? Perhaps I should clarify above? - My mate wanted to place a spread bet on SEO going up at 150 per point. This was refused. If you are, as you say, a gambling man yourself, then why don't you see what your firm will accept from you? Assuming you think it will move up (or down) yourself?

FYI I am no shorter. I bought after the recent drop (on advice) but if I'd had waited till first thing this morning then I would have got it a LOT cheaper but by mid-day it had recovered slightly. So who knows? Personally I've no idea what will happen tomorrow or the rest of the week but I'm in this one for the medium to long term because I think the rewards FAR outweight the downside over the same period.

I thing your closing paragraph above is a bit OOO, I have to say.

OOO = "Out of Order!"

Turnover 320K, loss 265K

Sure is a sentiment driven stock.

No position here but fascinated to see if deals come to reality and sp goes up.

OOO? Was that one of James Bonds's predecessors?

My apologies. I didn't see the (going up) bit.

I'm also in for the long term, but still trying to make a bit around the edges.

PS. I like a flutter on the horses, and don't consider SEO to be a gamble.

I didn't no that my graph comment would get so much response
I say again, am I right in saying that the placing is now out of the way.

Yes, but there's still the possibility that some holders might sell off tomorrow to make a quick buck given they got them at 12.85p. It's a wait and see morning for me tomorrow.

Sorry, my mistake. Just taken a look back and it says:

The Placing is conditional upon the Placing Agreement between KBC Peel Hunt and the Company having become unconditional in all respects and not having been terminated prior to Admission of the New Ordinary Shares, and admission of the New Ordinary Shares becoming effective by 15 February 2005 or such later date (not being later than 25 February 2005) as the Company and KBC Peel Hunt may agree.

It could happen any time over the next 9 days -- if it hasn't already. If there's not an RNS tomorrow then keep an eye on the volumes!!

Paulo2 -
Thanks for that, after the placing takes place wouldn't they want the price to rise so they could cash in at a higher level.

Some will and some won't. You dump 38m shares on the market and sell them --the SP takes a nose dive and people start panic selling, so you buy in at an even lower price. How's that for a money making play? But like I said earlier, I can't see the SP going below the issue price. If it gets anywhere near there I'll be in like a shot -- that's if I can get a good price for my wedding ring tomorrow. LOL

Paulo2
Thanks again
Another day tomorrow of to bed up at 4am

morning all.

Morning Bos...Here for another interesting day :-)
Di

Morning bosley, am out for now as I personally think the placing might drag the price down to around 13p, I maybe wrong but it if does i'll be back in... Good Luck its been a great ride...

morning di , adieh. well done adieh. hope you get it right. if it does reach 12.5/13p i think i will buy more.

Morning All - just bought some more - hoping for a bit of a bounce now - I am confident that the facts support a much higher sp..

Baza

There not moving the bid price... not down to placing price yet...

Im out and will be back in at 12p. Maybe abit low but will look at it again in the morning. Nice tidy profit in a week, which i wouldnt have got at ING.

Well I have decided to keep mine & top up if it drops another penny. Those that do decide to take profit could do worse than looking at Whog. A screaming buy currently at a 48% discount to the value of the Tgtl shares it owns - and Tgtl is rated a buy.

I'm out of SEO now...dropping quickly.