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.

I must say that a company that waited for the share price to have fallen by 50% (and it seems like they have had a lot of shareholder pressure to comment before now) before issuing this statement really stinks!
I hope it bounces so I can short it!

Nice one Limpy. Damn, I missed your take on the top at 130p, where did you post again?

:)

Hey, I would have been buying them at 130p..they were going up and all that..just wouldn't be holding them 50% lower...!

:-)

Limpy, hehe! I think you are the first chartist on here who clearly has not read the RNS (as I know you don't). All other traders here revert to "fundamentals" when it suits their case....funny that!

You see, you made me dig it out..Shares mag 29/07/04:

"If there was a prize for most volatile share of the year, BioProgress (BPRG) + would definitely be on the short list. The past six months have seen the price climb from 70p to 160p, then back below 60p recently. The 50p/60p area is the key support for this one and while above here further strength is expected with the May highs around 90p the first target. "

I didn't buy them then though ;-(. And I will edit this when the chardonnay wears off tomorow or the FSA will be around to put a cap in my ass,

lol limpy
ok up or down tomorrow?
I say up --- paper trade and all that :)

Okay, M, I say quiet day tomorrow, watch next week for direction.

Arrange the following into a popular well known phrase

fence the sit on

SENTENCE IF HOT?

lmao

Up and then down more. after the news definitely a Jam tomorrow share and don't know what they are doing with the money they have or have not

HENCE SET FIT ON?

NO THEFTS NIECE ?

SCENE - NOT THIEF

o going to bed

I have nothing to say but I do like this pic

Jumpin - best to just SWIG your medicine and accept responsibility for the investment?

LOL

Blimey, everyone's turned up now!

FREEDOM FOR TOOTING!

ROFLMAO!

THE TELEGRAPH

Aim-listed biopharmaceuticals company Bioprogress fell a further 4.25 to 65.25p on heavy turnover of 22.4m shares. After the market closed, the group said its intellectual property court case against Stanelco in June will have a major impact on 2004 results, but described its long-term prospects as excellent. Bioprogress is expected to receive damages from Stanelco in early 2005.

THE GUARDIAN

Keep an eye on BioProgress, the tablet coatings maker, this morning. City dealers expect its shares to be heavily traded as investors digest the implication of last night's after-hours trading update. This said that the company will make a loss of approaching 7m. The company's broker, Collins Stewart, had been expecting BioProgress to make a profit of 1.5m. BioProgress, which started the week at 90p, closed 4.25p lower at 65.25p.

THE INDEPENDANT

The downward pressure on Bioprogress shares continued through the day, sending the stock down a further 4.25p to 65.25p. The company, which makes dissolvable coatings, has been the subject of a string of bearish rumours and finally got round to issuing a trading statement after the market closed. This revealed that a recent acquisition has underperformed, meaning it will miss revenue forecasts, but scotched more vicious rumours of problems with its development projects.

THE TIMES

Bioprogress shed 4p to 65p but is expected to open lower today after giving warning after close on slow progress on licensing deals.