After coming close to bankruptcy this company is now back ontrack, and well on it's way back...Do some research and check the figures and you may well agree...

The company has Cash pile of 12 million and debt of 0.2m... excellent you might say..and their recent results shows that managment is also back on track reducing 20.8m to just 2.6m...excellent again you might say...

Tech journals recently quoted them as BUY at 10p, as company on the right track to recovery...

more soon...

jules.

All the classic rumours are back again Thus/BT takeover, RED in techinvest portfolio etc. Who knows - though I suspect there could be substantial upside until we find out.

Let's hope. Since March I've felt that I was coming out of a long black merciless tunnel, terrific, had a great time playing the market but am feeling rather jaded now. What was a thoughroughly exciting occupation seems to have lost its magic. What do you all do to keep interested?

Jules,

'Robot Picked Stocks for short term trading' is a software package found at 'http://www.moneyam.com/Investors Room/Showpostlist',
run by Haystack. Unfortunately it's not available for a week but usually there is a forecast at about 20.00 hrs for the following day. I haven't tried any out yet because I don't spreadbet but I am interested to watch with a view to buying some for a PEP or ISA (not the AIM ones). Thanks for your help.

angi...

ta...ain't i the stupid one...lol...

jules99

Angi, a good way to keep interested is to carry on learning - if you're normally long on Co's have a look at what the shorters and traders are up to and learn from their tricks. If we were still in a bear market, I'd be seriously researching the best way to maximise gains via spreadbetting (though this game is not for the fainthearted).

It's always a challenge searching for new "nuggets" to invest in - and a great relief to ditch the "deadwood".

There are lots of interesting tricks mentioned in the "Armchair Tycoon" and "Poolside Tycoon" books by Malcolm Stacey - it's worth monitoring or even trying some of these to see if they work for you.

Of course, the best way to keep interested is to invest in companies which are considered too risky for most "sensible" investors and watch your profits grow.

Overgrowth-

I agree with you...In general the last few months have been very good...

BTW do you know or dabble with CFD's?

Ta..

Jules

Hi Jules,

I tried index spreads during the "Baghdad bounce" which was probably the worst possible time as I wanted to keep stops to avoid losing my shirt and more often than not I predicted the moves correctly using candlestick charts, but came unstuck as I wasn't prepared to be exposed to a large loss to take the large gain that came after. I'll go back but not until the market starts to get boring or falls precipitously again (which I sincerely hope won't happen).

I started to look at shorting individual stocks (as I'd reached the personal "capitulation" stage), though I was too late on this one as the market was starting to recover. Again, another string to my bow for markets on a downturn.

I know people who make a lot of money out of CFD's, however as I see it you need to have a great interest in fundamentals of the larger companies and follow their progress in the press intently. I must admit, I find larger companies boring and have more interest in charting than reading all the figures in out of date reports, calculator in hand. I've never tried it myself though could do in the future.

OG

OverGrowth, thanks for the input on my question, the larger companies are boring but thats also where CFD are the safest, you have to pick your favourite out of the 350 or so and concentrate on just the few I find...

Will start CFD's in the nnext few weeks I think, will do all the research I need to before hand...which are best Brokers to do deal with ref CFd's?
Let me know if you also interested in the future..I willhave to open an account or two..and take it from there...

OG -If you know any articles of interest let me know also...

Ta..
Jules..

Overgrowth,

Thanks for the tips, just reading them has fired me up a little. This stockwatching is such a lonely job, but the more you do it the more you want. I have been on a course quite recently - point and figure - and am going on another soon - options etc - and I'm looking forward not only to the extra knowledge I'll gain, but also to meeting like minded folks. It was great to chat over lunch about a mutual passion. Most of my friends think I'm nuts.


Can anyone give me some hints on when to hang on, yesterday I sold ITK and BVC, they had not moved out of a small range recently and I decided to take profit. Today they're both up again!

Angi...u said u were going to hold on to BVC...!!!

Usuall a price rise continues for 2/3 days before going back a bit...I think BVC should see around the 27-30p mark if I am to be correct...sorry I know it can hurt, but at least u made a profit..

Stocks I refer to them as Buses..There are plenty more buses around...coming and going...some u miss and some u ride..lol..

Glad ur enjoying the game also..

Jules,

Did I really say I'd hold on to BVC? Probably intended to at the time too. You're right about the buses/shares, it's the waiting to spot them that's the tricky problem.

I think if I wasn't enjoying the game I'd find something else to do. Do you wake up in the night and dash for the computer?

The reason I started to sell yesterday is because there's often a correction in September and I would like to be in cash to pick a bargain or two from the bigger companies - if there are any left. I've just sold IQE, don't like the idea of waiting until they've set up on AIM though I'll probably have it on watch once they arrive, I think they'll do OK eventually.

Totally understand wher ur coming from Angi...trust me I do...

I bought batman's after initial rise at 19/20p... I decided to wait for the rise...for evry seller there's a buyer I was that buyer...

..etc..etc...drone...drone...zzz...zz..z..
lol..

Done well today though up 6p now...25-26p Ithnk they closed...?

Are they gong up again next week?

Very Volatile since newspaper TIPs a while back.

Been down to 10p BID again, LARGER buys today.

Does anybody here think that they are about to go up again?

Is it worth looking at again?

Opinions please?

Slight Upward movement!

Any comments?

Another large end of day Buy.

446,000 shares at 10.25p

Bigger than all other buys & sells put together.