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.
Falcothou
- 20 Aug 2007 08:27
- 1746 of 3050
I thought you were cycling in France cynic or have you got a laptop on the handlebars?
cynic
- 20 Aug 2007 08:29
- 1747 of 3050
not until next week .... leave friday morning; back following thursday evening
Falcothou
- 20 Aug 2007 08:37
- 1748 of 3050
Probably a good opportunity to set up a few trailing stop losses?
cynic
- 20 Aug 2007 08:55
- 1749 of 3050
i shall take money off the table before go and just stay in touch with broker by phone ...... trailing losses can be a bit of a pain in volatile markets as you can suddenly find yourself stopped out by a briefly distorted spread or similar.
kitosdad
- 20 Aug 2007 09:50
- 1750 of 3050
Morning Cyn and all.
cynic
- 21 Aug 2007 12:59
- 1751 of 3050
made 2p (total, lol) on little long i opened here and closed this morning .... had i hung on, would have made more as i now see a few brave souls jumping aboard ahead of thursday's figures
kitosdad
- 21 Aug 2007 16:37
- 1752 of 3050
Never mind Cyn, my 50 quid will help boost it a bit for you. Fingers crossed for a good lift on Thursday.
cynic
- 23 Aug 2007 08:31
- 1753 of 3050
SOLA's figures certainly seem to be disappointing big time ...... took out a smallish short this morning, though could not get in higher than 326 (closed 360+ last night) ...... market is always very harsh on companies that do not deliver, and i suspect that they will be doubly so on this bunch, given that it is a NEWCO and run out of China, which is not exactly flavour of the month