for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

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

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

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!!

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.

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.

You've posted that before, blackdown.

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

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.

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.

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.

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.

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

Just getting around to reading yesterday mornings paper and SEO are rated as "small cap punt of the week" by The Share Centre.
Alan

Back from Scotland no news then good find Al may be a bit of blue on Monday.

Hi Al, which newspaper was that in. Many thanks

Evening all

Just received an e-mail from PM1 that Stanelco are co-hosting the Sustainable Packaging Forum with Tetrapack in St Paul Minnesota 26th-28th September.

I notice that Walmart's Tyler Elm Senior Director, Corporate Strategy and Business Sustainability is delivering one of the key note addresses "Responsibile Leadership on Sustainability and Sustainable Packaging Strategies."

The other is by Joanne Sonenshine, International Economist, Office of the Department of Trade Policy Analysis, US Department of Commerce, International Trade Administration on "How the US Department of Commerce is promoting Sustainable Production Goals & Objectives".

If some of the cash raised in June is being spent on events like this, I have no objection, as it does help to promote our products.

And I know that this has been said before, but let hope that this leads to some hard contracts soon after the event.

The oily one

Evening all.
The newspaper was "The Yorkshire Post" and the tipsters are www.share.com, though I am not a member and the site was down earlier when i tried to find out more.
Welcome back, Driver.
Alan

sorry guys, but is it not time to bail out and put "the remains" somewhere that has more future?

No

must be truly determined to lose the last farthing