goldfinger
- 17 Aug 2007 13:11
- 1726 of 3050
You also said something else , now come on kitos dont be shy, spill the beans.
cynic
- 17 Aug 2007 13:15
- 1727 of 3050
hey GF, was it not you who told everyone WNG was going to be float of the year and all should pile in? ....... hope to goodness you don't hold
goldfinger
- 17 Aug 2007 13:21
- 1728 of 3050
Good god cynic, Ive been out for ages. Made a nice 268% return in 8 months aswell. A five figure profit.
Wouldnt touch it with a barge poll.
Greyhound
- 17 Aug 2007 13:21
- 1729 of 3050
This is going to be interesting afternoon, Fed cuts discount 50 basis points
kitosdad
- 17 Aug 2007 13:26
- 1730 of 3050
Aw Cyn, don't you know Slats NEVER makes a mistake.? Shame on you.
Greyhound
- 17 Aug 2007 13:35
- 1731 of 3050
Profit in the bank, I've closed my short. Off on hols for a week. Will reassess then.
kitosdad
- 17 Aug 2007 13:42
- 1732 of 3050
Shit .... 250p moving away fast. Clever move Grey.
cynic
- 17 Aug 2007 13:45
- 1733 of 3050
taken my tasty profit too ...... may even BUY on basis that there is an awful lot of shorted stuff that may feel obliged to close
jimmy b
- 17 Aug 2007 13:53
- 1734 of 3050
WNG was also a three bagger for me too ,,it's about timing....
cynic
- 17 Aug 2007 13:57
- 1735 of 3050
very true indeed though WNG was never one i followed at all
jimmy b
- 17 Aug 2007 13:58
- 1736 of 3050
Got in on float day last year and out when they looked toppy, glad i did !! ...
Greyhound
- 17 Aug 2007 13:59
- 1737 of 3050
I'm long, very tight stoploss.
cynic
- 17 Aug 2007 14:04
- 1738 of 3050
i have bought too ..... bear squeeze looks to be happening and am already nicely in the money ....
btw, have also bought ICI on basis that 617 is ridiculous when there is a tabled and accepted bid at 670 + 5p divi
Greyhound
- 17 Aug 2007 14:09
- 1739 of 3050
In the money too, but still cautious of these moves.
cynic
- 17 Aug 2007 14:16
- 1740 of 3050
absolutely .....have bought primarily because i think a lot of bears will close before end of biz
Greyhound
- 17 Aug 2007 14:24
- 1741 of 3050
If we've got this one right, that's 6 out of 6 on these moves/trading - that in itself is a worry!!
goldfinger
- 17 Aug 2007 15:07
- 1742 of 3050
Long term problems not gone away
- gearing 48%
- operations negative cashflow
- potential dilution of 100%
- 10% dilution of company at 588p, bonds become reedemable
- margins falling
- competitors margins higher and a better offering
- no assets to fall back upon
- potential new technology being offered by competitors
- tax to kick in at 30%
The storys no different from yesterday, its still way overated.
goldfinger
- 17 Aug 2007 15:08
- 1743 of 3050
And its falling back down.
looks like a real suckers rally to me.
cynic
- 17 Aug 2007 15:19
- 1744 of 3050
not saying you're wrong, but will need to gauge mood of the market to decide what to do next
cynic
- 20 Aug 2007 08:22
- 1745 of 3050
i'm batting for you kitos! ...... now hoping that SOLA will surge (already up to 328) on the back of some bear squeezing.