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Oh dear Basil Why the drop in price?? (ERT)     

wfagg - 04 Mar 2004 10:16

ERT have been surging forward on the reincarnation of Basil Brush, good performance of Barbie,more promised from fireman sam and little red tractor. Kids stuff you might say (lol)It was only a couple of weeks ago that they pulled back ffrom a bid for Chorion who own Basil's mate Noddy.No bad news , favourable figures expectd for year end sales as there must be a lot that is "Christmas related" in their products.... So why a 21% reduction in share price? in 2 weeks?? Any one know?

bromos - 26 May 2005 16:39 - 24 of 27

Saw today that an analyst suggested that ERT could go to 30p soon. Most news coming from the Company is good. Just have a look - from the last 30 items, only 2 could be judged as bad news. After each, the share has risen. Given the volume traded today of 1.9 Million shares, with the share having relatively low volatility, the spread at 2.1% is a Market Makers disgrace! I'm staying with this one - even if its just to get a better deal from the MMs.
Charts look good, with Bollinger Bands narrowing then opening in upward trend. This is supported by othe indicators. 30p by June 15 ???
graph.php?enableFastStochastic=true&size

driver - 26 May 2005 16:51 - 25 of 27

bromos
I started a new thread because the old one had a negative title "mad I know"

bromos - 06 Jun 2005 13:07 - 26 of 27

driver
Still is a negative heading for the likely outcome on this bright share.

Only 2p further to go and 7 trading days to get to my predicted 30p by June 15. Looking good - all indicators still on up trend. Following the upper Bollinger band all the way, with a nice widening gap. May flatten out before another narrowing and then off to the sky???

bromos - 20 Jun 2005 08:52 - 27 of 27

Well, broken through the 30p barrier 5 days later than I thought. 15% up on the day and its not 9:00 am yet. All indicators still show UP.
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