http://www.rcg.tv

If you look at the charts, historically RCG is one of those shares affected by "sell in May" syndrome.

It has falls from May to August for the past 2 years. A betting man would start buying in August some RCG hoping for a repeat of the past, however, they would have sold already before the summer doldrums affect the SP.




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Excellent company, well run, loads of profit, share buy backs in recent days, so as soon as the markets recover some sanity this stock will soar and even more so when Nina Wang's estate is sorted.

You hope.

The trouble is of course whether a company like this with such limited earnings visibilty going forward can keep coming up with the growth.

One slip, one bad product and things fall apart quite fast.

Which is why those saying this is a good LTBH stock, and ignoring the inherent risks of a tech stock in the 21st century.

Things can change at lightening speed.

Of course things can change I accept that. With the markets the way they are if you come out with any sort of profit warning then the sp is down 30% + straight away.

If you accept though that we are about to bottom out in this bear market and I think you can actually feel that as the shorts start to disappear, hence we are slowly about to enter another bull phase, then this company trades on about 4.5x last years earnings so I reckon there are a couple of big profit warnings already priced in.

A bull market in the summer ? No.....

Its quite normal for April to be strong, and then "sell in May" to hit everything and send everyone into the summer doldrums before "St Ledgers day"..........

Yes I know the phrase but you know as well as I do that that doesn't always happen.

Don't be misguided by history or you might get a nasty shock.

The credit crisis continues, all indicator are saying the US is heading into recession.........is there really anything to brighten the summer up ?

The USA may well be in recession but that is not the point.

History shows us that the markets hate uncertainty. The lowest point of the market in 03? was the day b4 the Iraqi war. Once the war started the market recovered because it knew where it was then. Likewise with a recession.

If you look at a 10yr FTSE 100 chart, the bull market of 00 was rapid with companies trading on rediculous p/e ratios. Thus the drop after was also rapid and symetrical. The last bull market from 03 was slow and steady and thus much stronger.

Last summer I remember Tom Huggard saying we were well overdue a bear market but didn't know where it was coming from as nobody seemed to predict the credit crunch. If I recollect properly he reckoned the bear market would be quick but painful which is exactly what has happened. I may well be wrong but for what it is worth I think we will correct soon and then the markets will recover (I hope!! lol)

Last bear market was 3 years long..........will this one be the same (eg ending around late 2009 or 2010 ?)

I'm with DD here, think lot of problems already priced in, but still lots of uncertainty out there, however if the rate cuts get things moving again later in the year i expect the market to reflect its position looking ahead...

I do not see it.

AIM and Small caps are still being sold off..........which means money is leaving these markets.

Large caps are yet to fall, and the money will move into these "safer" stocks first.

Only when these large caps are again fully valued, will potentially money go back into AIM and small caps.

That could be a long way away as yet.

Large caps are yet to fall??

Where have you been looking?

Only big miners have kept going and they had a sell off last week.

Just about all other stocks are 30-50% lower - banks/builders/etc etc

Aim stocks have have been smashed. If you look at the popular ones eg Tan;Sln;Cfm;Avm;Vyke;Lng, they do look as though they have stabilised.

Methinks you're tongue is firmly planted in your cheeks ...

I tell you what PP.

If you are so confident that the market will keep falling, tell me what you are short or going short in and we'll check it in 3 months.

If yo're not prepared to say, then I can only assume you are not serious.

I see perhaps a "band aid" being applied to get the US through elections in Nov, but after that the wounds should bleed heavily, so there is a very good chance for a brief relief rally later in the year, but then it will be very heavily sold into Spring 09 IMO.

Ahh so you do think the market is going to rally this year.

The truth comes out lol

2009 and after that, I've no idea. We'll have to discuss it later in the year.

.. and now the Directors buy.

..although to be fair so they did at Wng at around 110p and look where it is now!

Very small director buys, given they sold millions of pounds worth at 131p last year.

true, can't argue with that..

Very pretty PP as is the news this morning

1+ here we come ..... pleeaseee