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.

It was meaningful to all but you shammy.

Take your point Bones but I prefer to play the percentage game.

bones

The losses were know about due to the profit warnings of earlier this year, what was important was the cashburn rate, cash at hand and the forward looking statement; all three exceeded my expectations and were "brilliant" imo.

These figures were for up to the end of June, these were Mr Hinds figures; the new guys have shown that in 4 months they've turned the company around.

Where do you see the bad news as I appear to have missed it?

dil

Grow up.

Could I interest you in YOO too?

Right up your street shambles.

Now only half a point down, not bad considering fid sold half a million(announced yesterday), seems the market agree's with me.

Onwards and upwards.

Death to the ambulance chasers;-)

lol ... I was here before anyone even thought of ringing for an ambulance

Well, that's me told then ;)

Back to school for me - I obviously need to revise my trading style.

How does it go again - follow a stock (blindly) down to 20% of it's market high, wait until it loses twice as much as the year before - then strike. I haven't read that in any of the texts I've found. Perhaps you can enlighten me on an appropriate reading list.

MG - one lives and learns :)

Shamona - my post made it clear why I bought. I agree that the finances are being brought under control etc but the historical results (and you said the results are "brilliant") were shocking, a total loss of control by previous management. I agree that the market was aware of this already and that is why the share price has been at 30p for ages. There were no shocks in these interims and no positive surprises either except confirmation that the new broom is sweeping efficiently. I think it more likely the lack of bad news will encourage a sense of recovery. That is my take and the reason for buying. We will find out in time.

Fair play, all the best!

A bit like one of those psychological tests - you see what you want to see - or what you've programmed yourself to perceive.

Interesting.

And you're definitely right there Bones - always room for learning new things - if you keep your mind open ;)

Shut up mg , you'll have me convinced next :-)

MG - as you are right to acknowledge, we are all capable of MiSTakes! See you at the Xmas bash I hope :)

lol

Ah, Bosley. I did wonder when a Stanelco refugee would emerge! Now, there's no point starting that old fight again. Currently SEO is halfway down the other side of its own mountain. I'll post the chart when it makes landfall, which it surely will with a market cap 5 times BPRG's and turnover of zip. Pots and kettles anyone?

the chart is just to settle a little spat with the moaning sham. i have nothing but sympathy with any shareholder who bought at the top of a ramped spike of any company. i bought bprg near the top of the second spike at 138p but thankfully stuck to my stop and sold at 112p. no spite is intended.

I think it may be time to get back into BPRG for another quick profit - suspect it may bounce over next few days back to 31/32

With profits going from bad to worse,how much longer can the sp stay around the 30p mark? Or is this another company that will just carry on dropping? at this rate it won't be long before the sp drops to sub 25p.

Bhunt. Good luck but I think a 31p target is a little weak-kneed!