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.

Dil, I think short to-morrow for a little while. Only for the brave

Fred .... I'm waiting for the dust to settle , too volatile and unpredictable at present.

Evening.

I'm away so am really just catching up, although I did see Wednesday's crash on my mobile whilst travelling.

First comment - when a stock breaks up through resistance or down through support on high volume, something's up and you should take heed. On this occasion the chart prediction proved correct, although, as ever, BPRG overshot! ;-)

Second comment - just because a few shorters closed positions does not make this one a buy.

Third comment - warnings are rarely single. There is a very decent chance (far better than even) of another in the coming months and some people follow the rule that it ain't safe to get in until the third one is out of the way. I'd give it some time to settle before jumping in. She'll be volatile for a while.

Fourth comment - never, ever, ever buy a "blue sky" stock, with a view to holding for some time, on margin. It may be fuelled by greed, but this is investment suicide. Although I commiserate with some, it may well get rid of others who really had no place being in this game. Leveraged products are for traders, not investors!

Didn't want to get into a battle here, but hopefully these comments will be taken in the context they're supposed to be, i.e. helpful!

Al
;-)

Hurry hurry Hurry, BPRG up .75% buy it now before it drops back.

To late!!

Ain't this thread quiet?

What interests me when the market is down there seems to be quite a few reasonable sized buys.

shooting up now...people realising that BPRG has been oversold lately... bought in today

Dil, eat your heart out. (ref 1919)

hlyeo98

didnt you see the rns issued last night after close?

fidelity now have a notifiable stake....thats the reason its going up

thanks, superrod.

BPRG is held by a number of large institutions. Bought at varying prices as long term holds.

As above I believe there hasn't been any large institutional sells recently and a few buys reasonable sized institutional buys to-day (19th/4/05).

Interesting it has about 14.4Mil in cash and NAV of about 14.4p.

I have bought worse, but glad I bought at about 27p Wed.

i bought at 35.96 and im out for now at 41p......experience tells me there is invariably a fall back in these situations.

hyleo - what happened to your "bargain" shares you were buying at 73p ?

I have monitored BPRG for a while - but dont hold any shares at the moment - (have done). Glad to see that they are bouncing back for those of you still holding. I still think that BPRG has some great products and a lot of potential- but dont know how to market them.

Good Luck all

Bazag

Up again today...recovering

yeah be back to your bargain price of 73p anytime soon.

FWIW I think they are heading to 22p but what do I know

We will see in the long term who eat the heart out

How long is long term ?

They've already lost over 70% of their value since I said they were crap last Feb and have now started heading down further again.

hlyeo98 - 10 Nov'04 - 12:58 - 1257 of 1936

BOUGHT MORE TODAY AT 90P...IN THE LONG TERM THIS IS A SURE WINNER!!!



Let me know if you ever decide to go short hlyeo as thats the day I'll go out and buy a shedload.

aimtrader - 14 Apr'05 - 21:45 - 1920 of 1937 edit


i think there will be further bad news, bit risky buying now i reckon...

i'm waiting for now...maybe a better entry point later



Well i seem to have called that one right!!!

Dil,
How much did you loose going short on that share with no deal, what was it's name ? Oh, yes SEO.

errr scuse me dipstick ... when did I ever say I shorted SEO ?