bosley
- 20 Feb 2004 09:34
oblomov
- 29 Jul 2006 07:49
- 18073 of 27111
'The SP is low because not all investors are as clever as we are!!!!!'
lol
Does look a pretty stupid thing to say, now I've taken off the beer-glasses!
Wheres that chart, Bos?
pinnacle
- 29 Jul 2006 08:10
- 18074 of 27111
What a sad reflection of society this board is becoming!
The purpose of this site is to keep the flow of constructive information flowing so we can all in some way benefit.
As a very last comment:
Stanelco will survive.
They will in time be successful.
Will they be allowed to fulfill their potential before being taken over - debatable.
If you have a sensible average price - yes you will make money - but in time.
Good luck to all.
hewittalan6
- 29 Jul 2006 08:16
- 18075 of 27111
Referee speaking.
I can see both points of view from here.
How can the "antis" be wrong. The sp is woeful, many people are sitting on a paper loss and the news is as transparent as half set concrete. SEO have failed to deliver almost everything they promised (within the timescales, that is) and the company is getting low on tea money. All this is absolutley true.
How can the "pros" be wrong. The products are the same ones that saw the sp rise 7 fold, the potential contracts are the same ones and the clients are still very involved. The business (Not financial) fundamentals are the same as the ones who had everyone jumping aboard 2 years ago. All this is absolutely true.
Several years ago I sat at my kitchen table with an old friend and we discussed a business idea. We were skint and couldn't finance the start of it. We approached the institutions and they told us to bugger off. My friends Mum eventually lent us a few quid to get it going. Months later we were skint again and we showed the business accounts and contracts to banks and his mum again, looking for more money. This time even his mum told us to bugger off. The charts suggested bankruptcy, but we knew that we were more than a couple of fat lads with an idea, and that the business would win eventually. We stopped paying our personal bills to make sure the business survived.
The point behind this tale of woe is that we were asking for a very small amount of cash to back our business, and in return we were offering a 25% share. Had anyone ignored the "charts" and seen the potential, they would have seen returns of 5000% in 3 years.
It could have gone the other way, of course and they could have lost everything and SEO is much the same. It will make a mint or lose the lot. The chart predicts one and the business (as pinnicle and Oblo point out) say another.
I am not a chartist and don't believe very much in its predictive abilities, but many do and the sp of any company is heavily driven by the modern investment practice of technical trading. It will take a major "heads up" to turn the sp round. If and when it does, technical trading will work in the sp's favour and drive it higher and faster than the news alone.
Conclusion. If you are a chartist or a cautious trader, you're right. Get shut of it and stay away. If you are a speculative investor, or more interested in the potential that undoubtedly exists, you're right. Stay in.
Long drawn out way of saying that arguing investment policy on one stock is pointless, as none of us know each others strategy, aims or make up of total portfolios, and where this stock is right for me and my portfolio, it is probably not right for Bos and his.
Alan
bosley
- 29 Jul 2006 09:33
- 18076 of 27111
oblo, life does look better with beer glasses :)) firstly, i should explain. i've been learning technical analysis since the start of the year and it has become very difficult for me to remain cynical about the virtues of charting when time after time the charts are right. two very basic indicators
golden cross, a very bullish signal.
and its opposite, dead cross.
the thing that strikes me about chartists/traders, is that they do not expect the charts/indicators to be right all of the time which is why they are rigid with their stops. they also decide a target exit price. i remember taking the piss out of sequestor last year because he was happy with his 10% profit on a long on seo, but 10% from each trade soon adds up. on a share like seo the traders like sequestor have creamed it all the way up and then back down while the pi's have taken it in the ass waiting for the rns that'll make the sp shoot back to 30p.
i do sincerely hope that patient investors are rewarded.
oblomov
- 29 Jul 2006 10:26
- 18077 of 27111
Thanks for the charts, Bos.
I still cant see anything predictive about them. I see a record of what the SP has done, which is nothing new to me. I cant see from the charts what would happen if the 300 conversions go through and then WM take Greenseal and Starpol on board, 3000 more conversions follow and Starpol and Wrap 100 become the industry standard.
There is nothing in the charts that suggest the charts even know of these possibilities. I can see how the charts could be useful when applied to long established companies with a pattern of trading, but SEO are different for obvious reasons. Not many companies have the potential to go from over 3m loss to 100m profit, almost overnight.
Any way, truce - we'll eventually see whether you and others were right to follow the charts or the rest of us are right to follow our gut feeling based on the potential.
hewittalan6
- 29 Jul 2006 10:41
- 18078 of 27111
But here's a thought.
Bos, fair play to you. You called this one from single figures to 30p+. You have called it on the way down, too. 100% record, no-one can argue with that.
But you called it down based on your TA knowledge and called it up based on your research into its potential. is it fair to say then, that both methods have a lot to recommend them, and that both can be right? All we can do is wait and see which is right this time.
Alan
hewittalan6
- 29 Jul 2006 11:23
- 18079 of 27111
Probably not the place to discuss charting...........but.
As I understand it (and I may be wrong), a golden cross is formed when the 50 day MA crosses above the 200 day MA. Is this right?
If so, the 50 Day MA crossed because demand for the share outstripped supply and the price rose above its longer term average. logically, something must have caused this. Is a pre-cursor to the cross visible in charts? Or is the demand caused by old fashioned business judgement analysis? If it is caused by non-TA investing, then surely the crosses are, as I thought earlier, merely amplifiers of a business trend.
i aint dissing TA, cos to be fair I'm too stupid to understand it properly, but I can't get away from the fact that by its nature a chart must be historical and TA has more than a hint of self fulfilling prophecy, or emporers new clothes about it.
Someone educate me, please, and let me into the secret.
Alan
moneyplus
- 29 Jul 2006 11:49
- 18080 of 27111
Alan-do let us know did you both pay his Mum back and are you both now millionaires?? good old Mum-sounds a very familiar story from my house except my son is still borrowing and expects to be a millionaire---any day!!
blackdown
- 29 Jul 2006 11:55
- 18081 of 27111
As I have posted here before: this reminds me so much of NXT. Supposedly great products, but failure to convert the technology to sustainable revenue & profit.
blackdown
- 29 Jul 2006 11:55
- 18082 of 27111
As I have posted here before: this reminds me so much of NXT. Supposedly great products, but failure to convert the technology to sustainable revenue & profit.
oblomov
- 29 Jul 2006 11:58
- 18083 of 27111
You've posted that before, blackdown.
hewittalan6
- 29 Jul 2006 12:05
- 18084 of 27111
3 Times now!!
MP. Yes we paid her back (eventually). No we are not millionaires (on paper perhaps, but like any business stock its worth bugger all till you sell it, and by then it could be worthless!!) but we are very succesfull and comfortable and we don't have to kow tow to some tit who has been promoted beyond his abilities.
the point behind it all was that at the time, any chartist would (and did) laugh at this couple of fat lads, with an idea and not enough experience, and a business that was palpably losing money. We knew the plan was right and put more in. the chartists lost. Sometimes you have to use the rear view mirror when driving, but its wise to keep an eye on the road ahead as well.
Keep bailling the kids out!! They will repay you many times over, and if they don't, just remember it will be worth it on the basis that they will choose your nursing home and you want it to be a good one.
Stay lucky, MP.
Alan
garyble
- 29 Jul 2006 14:43
- 18085 of 27111
You'll notice that the indicators on the charts lag the onset of the underlying trend, which as Alan states would most likely have been started by other non-TA factors.
In any event, once certain triggers have been hit, the TAs take over.
Oblo,
I would say 400 conversions...has just as much credibility as 300.
aldwickk
- 29 Jul 2006 16:36
- 18086 of 27111
SEO
Stanelco PLC
Daily Commentary
Our system posted a HOLD today. The previous BUY recommendation was made on 23.06.2006 (35) days ago, when the stock price was 8.5000. Since then SEO has fallen -41.18% .
A Warning is in order! The previous BUY signal failed. Downward momentum now reached to intolerable levels.
You can either wait for a new bullish alert or sell the stock immediately. It is up to you. We owe you an apology.
You can play the short side assuming all risk if you want to. Our stance, however, is currently neutral in this matter.
HOLD
5.0000
-0.3000 -5.66%
Candlestick Analysis
Todays Candlestick Patterns:
Black Candlestick
Today a Black Candlestick was formed. This represents normal selling pressure.
For more about this candlestick click here.
greekman
- 29 Jul 2006 17:20
- 18087 of 27111
hewittalan6,
Alan,
Great post 18075, Fortune flavors the brave and all that.
Also if we look at many great inventions that have eventually made vast amounts of money, we find that either they struggled to get any sort of backing or had to go to the States for initial finance.
As to Directors not buying (Haystacks question) being devils advocate here but although not in a closed period, if they are aware of an imminent deal, they would be taking a very high risk re dealing due to pre knowledge. Just a counter opinion.
bosley
- 29 Jul 2006 17:54
- 18088 of 27111
alan, i wouldn't say i was a chartist, it's just something i am learning about at the moment. what i have seen, though, is how often the charts are right. not every time and as i said before, traders that i have spoken to do not expect the charts to be always right.
oblo, the two charts that i posted show a golden cross, this is usually an indicator of a bull run, and a dead cross, usually an indicator of a bear run. both signals were correct. there are also many examples where the same signals were incorrect. you pays yer money ,etc, etc ........ it's just something i am finding interesting and hopefully, i can use it to make some money, which is the reason why we play this game. to close your mind and blinker yourself to something that could be a help in increasing your profit isn't really the wisest move to make.
alan, you're absolutely right about why i bought in originally. i sold to take advantage of the sp drop as the tax year changes. i stand by what i said, seo looks a different company once you are no longer a shareholder. it really does. talking to someone the other night i said i got very lucky selling when i did because i know i would still be holding now, talking about how nothing has changed, don't panic everything is ok. everything isn't ok or the sp wouldn't be where it is now.
hewittalan6
- 30 Jul 2006 09:38
- 18089 of 27111
This may be completely irrelevant, and nothing at all to do with SEO, but Asda have a major conference this week in Harrogate.
My cricketing buddy describes it as a suppliers / buyers event. Necessarily vague about it, he made no mention of the conference including operational or store management staff. unfortunately he is enigmatic in the extreme and if it were not for the fact that it has made him unavailable for selection for our next game he would probably not have mentioned it at all.
Probably nothing, but I would love to see the presentation notes.
BTW. WM have apparantly sold their German interests. i didn't know that!!
Alan
hewittalan6
- 30 Jul 2006 11:01
- 18090 of 27111
Just getting around to reading yesterday mornings paper and SEO are rated as "small cap punt of the week" by The Share Centre.
Alan
sellsell
- 30 Jul 2006 17:55
- 18092 of 27111
Hi Al, which newspaper was that in. Many thanks