bosley
- 20 Feb 2004 09:34
bhunt1910
- 19 Feb 2006 21:56
- 14916 of 27111
I will be with you pn EME tomorrow - also CHP,CDS,MRP ?? - they all seemto be bubbling right now
EWRobson
- 19 Feb 2006 22:21
- 14917 of 27111
Well, that was an interesting little dialogue. The only question really relevant is not whether shorting is good or bad, or whether long-ing is good or bad, but whether the break-out from the converging SEO chart pattern will be up or down. The trading range has been such that there will have been little money to be made by active trading. Volumes have been quite low so I suspect the MMs have been moving the share to try to attract business. I have argued above that a break-out is inevitable: there is a balance of buyers and sellers at present but one or other will almost certainly predominate on the next RNS. If the ASDA news is not positive and there is nothing that really compensates then it could be down. But, unless you have inside information it would appear to be a sizeable gamble to short the share in advance although the situation might be different when the news is out. The response could be that the same applies with regard to taking a long position at present levels. My own judgement in taking a long position is that the potential size of a rise dwarfs the size of a fall: the criteria, applying either to the probability of any rise against any fall or to the probable size of the rise against the size of a fall, being a 3: 1 ratio. So a support level at 12p against a resistance level of 28p establishes my viewpoint.
I do go along with Alan's thesis as is clear in terms of out-performance of investments over the years. But if you spread yourself too thin you may get a real return but you won't make the killing most of us are looking for. I have to admit that I shun shorting but know a chap who made a fortune using CFDs for shorting at the turn of the century with a very strong bear market. There was loads of lolly to be made shorting SEO last summer when it got ahead of itself (the sp not the company). I currently have 6 long positions (3 via CFD), all emerging stocks, 5 out of 6 having back-tracked from over-enthusiatic initial gains. I have to admit that SEO is the one I am least certain about (because of the ASDA uncertainty), but it could well be the share with the greatest potential.
Happy to have a conversation on this because it is right to the heart of one's investing strategy - feel that that is the sort of dialogue that might be helpful for many in the absence of direct news from SEO.
Eric
sellsell
- 19 Feb 2006 22:39
- 14918 of 27111
does anyone know when results will be out? last year it was the 28th, but i cannot find any news indicating an exact date. do seo not have to state what date they will release the final results ?
thanks
classyglassy
- 19 Feb 2006 22:52
- 14919 of 27111
SEO, short?pennies BUT
Trust me on this one, short this down 25%, its RYA
yours
Simon
barney12345
- 19 Feb 2006 22:56
- 14920 of 27111
Anyone been into an ASDA recently???? Purely anecdotally, it seems that many more products are Greensealed than in December, BUT this is purely purely anecdotal just random observations anyone been in and been a bit more scientific????
hewittalan6
- 20 Feb 2006 09:16
- 14921 of 27111
No comment cos you might think I'm PM1 in disguise, but this is in the news today;
Anyone remember the ciggy filter auction????
Crackdown on cigarette butt dumping
A major crackdown on cigarette ends and ash is being launched today by anti litter campaigners.
Keep Britain Tidy is giving away a quarter of a million free cigarette pouches, in a bid to stamp out the mess and dirt that the habit creates.
The move follows MPs' decision this week to ban smoking in pubs clubs and restaurants.
The wallets, coloured camouflage or leopard skin, are designed to store butts safely until smokers find a bin.
And with research suggesting that cigarette related rubbish is already the country's biggest litter problem, the Campaign is striking now before bans force smokers outside and the streets become a cigarette end dumping ground.
Alan Woods, Chief Executive of Keep Britain Tidy said: "With nowhere to smoke in the pub or the office, smokers are nipping outside for a cigarette.
"With bars and businesses reluctant to provide bins, the result is more flung fag ends, boxes and matches and a bigger council tax tab to clean them up."
Keep Britain Tidy said the pouches, available free from ASDA tobacco counters, will go some way to stopping the extra rubbish. These have been market tested by smokers across the country, most of whom want a neat, discrete and responsible way of getting rid of their cigarette ends.
Similarly posters to back the drive were created after smokers said "no" to preachy messages and "yes" to campaigns that gave them some credit for being sensible citizens.
Alan Woods added: "For most smokers, the priority is to stub out their butt safely which is why so many were keen on cig bins with ashtrays, where they could see their dog end extinguished properly."
stockdog
- 20 Feb 2006 09:32
- 14922 of 27111
So, ClassyGlassy (aka E.K. aka Simon) recommends shorting down 25% to 11.25p.
I'm resistant, since have a long-term belief in this share. However, as Eric says when it breaks out of the current tight range it could go either way. CG and his aliases are reported to make a fair bit of money on their short positions.
Hence, I'm sticking with my own plan - a strict stop loss of 14p mid which has been the support floor of the recent months). If it breaks down through that, it may well go lower by as much as CG/EK/SC predicts. Might even look at setting a spread bet sell order on stop just in case. If that worked out I wouldn't have to trade the share in and out so much.
sd
garyble
- 20 Feb 2006 09:48
- 14923 of 27111
Well, well, well,
We now have an interesting turn. Someone of many aliases appears, asks a question about shorting SEO over the past 9 months, signs off as "E.K." then "Simon" and people's ears begin to prick up!
With a possible 7 days to results, it would seem that someone is yet again attempting to influence the weaker holders.
Well, as they say, "fortune favours the brave"!
Simon C
tweenie
- 20 Feb 2006 20:10
- 14924 of 27111
cg.
For someone returning to the 'oil threads' you're obviously taking a very scenic route.
LOL
explosive
- 20 Feb 2006 20:12
- 14925 of 27111
Classyglassy - Go short, go long, do your own thing. Lets just hear your prediction and reasons why? You never know there maybe some that agree... Reference the word "Trust" in the above post, now whos the silly boy then!!
explosive
- 20 Feb 2006 20:36
- 14926 of 27111
Actually fella if you been on this thread for any amount of time I was originally in at the 5p mark topped up on the RHPS sell at 3.5p , sold at the 15p mark thus taking profit and bought back in last week.... Made just a tad more than 20% on this one so no loser actully a bigger winner than yourself!!
So I put it to you, relax, calm down, and stop posting bollox!!
explosive
- 20 Feb 2006 21:00
- 14927 of 27111
Classyglassy - You truly are a muppet to seek out my last four posts on different threads and then post similar crap on all, worse than Blinger I may add, are you at all related?
bhunt1910
- 20 Feb 2006 22:07
- 14928 of 27111
I am assuming Classyglassy is Bling is disguise
Apologies if I am wrong - but seems ever so similar?
oblomov
- 20 Feb 2006 22:48
- 14929 of 27111
Classy,bling,seq and stainco on FYB - IMHO.
the manageress
- 21 Feb 2006 00:11
- 14930 of 27111
hi all, don't post much.
Classy glassy seems determined to to poo poo this share on here and on other bulletin boards, as a longterm holder I would seriously dismiss this shorter with a vengance.
tweenie
- 21 Feb 2006 08:34
- 14931 of 27111
It would appear classyglassy is behaving like a spoilt 'RICH' child.
hewittalan6
- 21 Feb 2006 09:03
- 14932 of 27111
Wal Mart results due out today.
Not holding my breath, but it would be nice if it mentioned trials!!
Still think it will be with that other company who provide pakaging management to McDonalds and Pepsi.
Alan
Fred1new
- 21 Feb 2006 10:52
- 14933 of 27111
Sell, Annual results and prelims 28/2/2006. Not long. Might take some of the guess work out of this thread.
hewittalan6
- 21 Feb 2006 12:33
- 14935 of 27111
Thanks for that Driver, but I was thinking more about the commentary that they usually put after the numbers. You know, the blow by blow account of how next year will be better cos they have started to use the paperclip stockpile that doesn't appear on the balance sheet, thereby reducing administrative expenses?
Don't know what time the full report will be available or quite where to get it, but I'm not expecting any leads from it anyway.
Thanks though, Driver.