Just bought into this stock, anybody else a shareholder?

marni

See my post 209...
but see what Balerboy has to say on his posting 210. RF?

44.25p now,seems 45p has been its resistence,i think a breakout unlikely without news?
SKR did me proud in Sept's stockchallenge,alas finished 2nd almost a hatrick of wins.
cyril

hjs

i agree with ur comments.

i think sp went up lots though as lawrence stopped selling and with news coming up this caused sp to rocket......it might have went up lots but thats mm's own fault for suppressing sp for 5 months......if sp ticked up for months i'm sure a lot of the idiot traders who aint a clue about company or know where it is wouldnt be on this

As I mentioned in an earlier post, there is an agricultural conference taking place at the mo in Moscow.If there is news,it should be out soon.

Conference ends on 9th Oct so the earliest results of this would come out over the week end or Monday.

thanks guys

sp now moving up beyonds prev high......another breakout occurring perhaps!

Lets hope so?
Anyone in CHL, another excellent day.
cyril

maybe, but not much to go ..... prob good stock long term, but very difficult to judge what is reflecting value, and what is hype driven

its trying to break past this 45-47p barrier

Hi Cyril, I am still in CHL and am holding for future gains as I feel that it still has further to go. As I mentioned in my post to you on the CHL board I try to concentrate on the big picture (being somewhat new to the investing game I find the wealth of data in the micro view somewhat daunting and sometimes full of contradictions) and as such bought in to Sunkar some months ago purely on the gut feeling of the business and it's potential. Like CHL I feel that this one still has further to go to realize its full promise. Regards, Clive

Hello Clive,yes agree that both SKR and CHL have a long way to fo,failed to get much interest in the latter which is a shame as its has solid assets.
O/T a couple that are ready to go are RXP and XTR ,the former news maybe next week and XTR anytime this month,both worth checking out. Another i.m very keen on is URU for its discount to KAH.
regards
cyril

Seems this is being shorted,for how long and to how low i've no idea? With the 3rd test results not that far away, coupled with when a JORC will be issued,it appears to be near bargain basement? Something in the "who dares rodders" scenario,belief along with patience should see some handsome rewards?
aimho
cyril

The price is certainly heading from whence it came.
At the mo ,however,the entire market has turned negative.
May last for a couple of weeks

It shows how much market conditions have deteriated again. Dropped to bid/offer of 26/28p three days ago. Opened 3p higher on Wednesday but with a 3p spread 30/33p and then improved to 33p which means in the day it went up 25% and if you'd bought in at the start of the day you'd made nothing. Stagnated a bit yesterday and this am the MM put an early spread of 33/38p and now they are walking the bid up.

Unless you were prepared to take an enormous risk on Tuesday or Wednesday, this may have gone up 50% in a few days but the spread made it totally untradable.

now 36.25/38.5 but of course there's nothing to stop you placing an order at whatever level you like

Excuse my ignorance cynic as I STILL don't have level 2, surely if the spread is 30/33p then more than likely if you want to buy you're only going to get close to 33p. Yes if you believe in the company long term you may do it but to simply trade it with the risk/reward in your favour seems to me to be impossible.

your broker will place the order for you, but if you are an active trader, i strongly recommend you get L2 ..... at IG, my access to same costs me nothing

I've got a SB account at IG which I'm not really using atm until market conditions improve. Is the order likely to be filled though if for sake of argument you put it in at 31p?

price now 36.5/38.0, so if i was placing the order, having seen what's what, i guess i'ld try 36.75 and wait and watch ...... great thing about L2 is that you are totally in control and can change your bid up or down at will

Cheers cynic. I'll put L2 on my xmas list for myself.