Bioprogress is a stock I have been in and out of quite a few times since it floated in May but not much mention here on the Investors' Room. Does anyone else follow this stock. I see it is up 1.5p today and a few good buyers seem to have appeared.

No I didn't go Andy , stayed home and washed my hair instead :-)

Be better to wait for a bounce before initiating any shorts imo Fred.

Some bounce. Briefly had bid at 50p. ;-))

Got a nasty feeling 35p is possible soon. Sorry folks.

Dil,

:-)


Al,

Agreed.

wowzers BPRG 33/34.

Trading Statement causes crash......

BioProgress PLC
13 April 2005



Press Release 13 April 2005

BioProgress plc

('BioProgress' or 'the Company')

Trading update

BioProgress plc (AIM: BPRG; NASDAQ: BPRG), the provider of innovative delivery
mechanisms for the pharmaceutical oral dosage markets, advises that current
trading levels at its BioTec Films subsidiary in Tampa are not as strong as
previously anticipated and are unlikely to reach levels indicated in previous
announcements. The Company's consolidated overheads, before any capital
expenditure, are also expected to be higher than previously indicated. The Board
retains its belief that, within the Company's portfolio, there are technologies
which could produce significant value on commercialisation. A thorough strategic
and financial review is being performed, which the Board will report on in due
course.

Some of the big shareholders who bailed last October will see their wish come true now - a change of management. That is the only way for this share to recover. Either that or a chance for a big player to take the company out for a song. They want the technology and can now buy it for peanuts. I think it is too late for independence to be maintained.

Bones,

You may well be right!

commiserations to any holders here, this has been looking precarious for a few days now IMHO.

We MAY see a bounce later, there's normally an over reaction to such news.

What a total pile of sh*te.

Commiserations to all those sucked in by the hype , has happened to me in the past.

I got so peed about this one going south that I got out - but of course very happy with SEO so can't complain and made money on Bioprogress in the past but lost it!

Poor sod on A...FN:

"RaynerN - 13 Apr'05 - 09:36 - 63003 of 63022

Now, how do I explain that I have lost 80k in a year to the missus. Let me see, oh fuck."

This guy is really going through it, posting comments every now and then. He said he has T trades way over his head and, in 2 day's time, he will owe his broker double what he owned in shares 3 months ago.

It's the first time I've looked at that thread for a few months and it is amzing how many still have their souls invested. Very sad really.

I know I once held a lot of these (and fortunately took a profit overall) but I never ever took them on margin.

Blimey that's terrible. BPRG's certainly been a learning experience for me too. Fortunately I've not got a large amount of capital invested even though I'm sitting on a large paper loss.
Is it worth holding onto them? I don't need to release the funds anytime soon, any chance they'll pick up again with a change of management perhaps? Surely the underlying technology's got potential, it just needs developing properly?

I am genuinely sorry for you folk still in on BPRG as I don't like to see anyone lose decent dosh. I'm even sorry for the folk who took shots as us SEO holders last if you are still in. SEO has risen to 21p but read the thread, I personally believe could be 100p this year based on product fundamentals and earnings potential. If you want to recover some losses consider it.
It may recover but then again it might not, up to you guys, good luck anyway.

'oh dear' there goes all my profits from share dealing in a stroke. looks a long road to recovery!!

Get out now Kivver and into SEO, 21p is a bargain, 5m bought this morning for 21p, large investors and institutions are snapping up cheap SEO shares. Next RNS from SEO will be US supply deal and it will fly. Trust me, I'm trying to help you guys recover your losses, we are all investors trying to make more money at the end of the day. I'm not ramping SEO for my own gain either.

a statement to be issued in due course?

couldhalve fromhere or double depending on what it says.

anyone feeling brave?

kivver , sympathies but make your own mind up and don't be influenced by others as that is what probably got you into these in the first place.

Dil, agree with your advice to Kivver

Well stop ramping the ar*e of SEO then.

The trading statement referenced the Tampa subsidiary results falling short. Does anyone know how big is the Tampa subsidiary in overall BPRG terms? Not in these just curious as it seems like a horrendous fall. Could it be a buying opp?