http://www.rcg.tv

RCG bought 25000 of their own shares yesterday, with 232 million shares issued who are they trying to impress?!

me?

Olympic Contract for RCG


According to the news published on the Chinese RFID website on 9 April 2008,
http://news.rfid360.cn/200804/7320.html

RCG has just been awarded a two-year wireless LAN contracts to provide the wireless data services for the venues of Beijing Olympic Games.

http://www.rcg.tv/html/eng/industry_technology/news/rfid_news/2008_details_38.jsp

Comment from ADVFN after posters got tired and sick of "PapalPower" negativiness at the stock lately .........


Wandering how "PapalPower" was promoted to, from "Fartpower" to the present nickname? all to do will "baked beans"

Has keeped clear of this thread this afternoon after the BREAKOUT, may aswell stayed at his FARTING thread

Breakout this afternoon from the latest high recently on the bounce from lows.

Still like to see us clear 80p to decisively break the massive March 2007 downtrend. Reckon it's coming soon?

stockdog

76p +3.25p
Any rise tomorrow and goes over the donwtrend line

Master RSI -

Having a good ramp are you ?

Lucky I was bearish on this one all the way from 150p down to 50p :) LOLOL

MasterRSI = Pumper and Dumper - nothing more, nothing less

Pure ramping...................

That's why the sp has risen some 20p PP I suppose.

Pure ramping on here.

Ah, now I understand.

It has not risen 20p on ramping, however

some now are trying to ramp it....yes.

Well its obviously just worked! lol

If we can now get back above the 200dma then perhaps there is hope for a sustained rally back into the 100's. Since I rashly bought my last lot at 142.5p (although the bulk at average of 68p) it would obviously be a comfort to get back into profit on those. Fundamentals suggest it strongly, as does Jim Rogers current aggressive stance on Chinese stocks (RCG not strictly a CHinese stock), but we are clearly in the grip of market sentiment - w/wide and all things Chinese. Sentiment cannot last for ever, although perhaps longer than any of us can stay sober - to pervert a well know expression!

Today's continued move up helps confirm my view that this is a very reasonable hold mid-long term.

Hope yer right!

I rather stupidly bought on results at 83p so coming close. I fear a retracement now.

You can nearly always guarantee with these situations, if I sell to make a small loss the sp will rise and if I hold, it will slump.

Such is life on the SM.

Try a short spreadbet whilst continuing to hold long - that ought to confuse them!

good point.

Its coming up to results, its also late summer, this is when the normal pump and dump crew start to buy stocks (they buy now ready to sell into any results spikes in late August through end September). Therefore, expect to see "old faces" start to return to threads as they start to pick up their little holding now, ahead of trying to ramp the bottom off of it into results time. This happens all over AIM, especially on the stocks where a good ramp could be got going (say China stocks - low PE's - thats a great ramp to attempt).

So, as summer draws to a close watch trading volumes on AIM tiddlers, expect some buying to be going on, and then the threads start to get busier, old names re-appear as do new names start to appear.

All telling you how cheap this stock is and what a bargain.

But do not forget, these are in the most just trying to ramp the price up and will disappear before or just after results are out in the Autumn

Its time for Rampton........unlimited attempted ramping to create as many AIM spikes as possible into results season - that they can sell into whilst posting on BB's how wonderful the results will be/have been

My opinion if anyone wants it, LOL :)

If anyone is thinking of buying AIM stocks ahead of results, do it now, do it until end July, then stop.

Don't be the ones caught buying the results spike and holding the baby as the SP crashes after results - beat the rampers at their own game, and be the ones selling on the spike ahead of them getting out for their small gains.

Price spikes might be subdued this year, owing to a risk of bad economic news making markets tumble, so the buying should be lower and less risk taken - they do not want to be caught with their pants down if the tide goes out.

perhaps I've missed something here.
didn't realise it was late summer
In fact, I didn't realise we've had a summer at all!

Well, given that many PI's are locked into this one from well above 100p levels, there is going to be extensive attempted ramping of this on AFN and others imo.

Some people must be sat on massive losses given their very wrong "bullishness" on RCG at over 100p.

So given this likely "Welcome to Rampton" we will get on AFN, I have taken a few short term longs, let the rampers earn me some money, but keeping tight stop losses just in case of collapse back, we are still in a bear market, and things might not go the bulls way.

Very good chance it will collapse again imo after results as people take their money out, so might make a nice little short short later as well.


From the other RCG thread at AFN :


PapalPower - 24 Jul'08 - 09:35 - 245 of 246

Sorry if the SP has ticked up a bit, but given my post of yesterday about its time for "Rampton" by the RCG rampers........I have added a few short term long spread bets both yesterday and today. So I am in fact by default an RCG shareholder, well sort off anyway :) LOL

Well, if they are successful in ramping it up, might as well enjoy some profits from it.

Stop losses are tight, as with this stock, and these markets, if it comes down, time to get out fast imo.

Oh my god you get every where don't you and all you do is cut and paste all the dribble you write from one bulletin board to the next - i cannot believe how lonley you must be.