for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

Back in the red at the mo.
The RNS to which I refer would be a notification of holdings, not a business one.
I can't see the short unwinding thing accounting for what amounts to (conservatively) a third of the issued stock changing hands in the last week or so. No doubt there are a few shorts closing, and these have artificially inflated the rise, just as they artificially inflate a fall, but it would have taken a massive short to spark it all. Not only a huge one, but a long term one otherwise the shorter would be hugely out of pocket. The SP has been fairly static for about 12 months, and if they were clever enough to have massively shorted over 1 year ago, perhaps we should listen to them when they close their position just prior to a set of results that everyone thinks will very poor.
Whichever way I dice or slice it, Either much buying has been going on, or much shorting has been closed. Take your pick, cos neither is exactly a sign of doom and gloom.

BARCLAYS NOW HOLD 366,707,756 12.18%

Cynic, Yes! The whole world has gone mad.

The straw I see is the technology is useful and almost marketable sometime back. The problem was getting it reproducible efficiently and with reliability. I "hope" that is what has occurred and will be announced.

I hold, but I am a sucker for this company.

I bet you that there is a share consolidation coming, and in my humble opinion and experience shares never do well at the start, it takes a while before things get back to normal !

Alan,good posts,Thanks,like you at 9am this morning I was nudging on break even,went out feeling good but thought to myself while driving through town "I should have dumped SEO and come out clean" History! deflated yes, but like many more on here, I've held since 2001,had some prof along the way,apart from this last tranche and as you rightly say, it is shit or bust!! Good luck to all and cheers.

you need time you guys wan;t every thing in one day let's be happy with want wev'e got from this we all no want SEO is all about those of as that fill there more to come will hold on; those who what to take some money will, no one right and no one wrong., you play your game and reap what you sow. good luck to all who's held , me i'm long ................;-))

Remember when this share went from 4p to 10p in early 2005?. There was no apparent reason. It was only when those in the know had filled their boots that we were told of the Asda "contract" for 200 greenseal machines.The same is happening now. Somebody knows something. I was lucky (?) enough to be holding shares at the time so kept on buying right up to 20p and all the way back down to .8p. A little thought in the back of my head kept wondering how Asda were going to buy 200 machines when they actually sell food rather than pack it, but I'm just a greedy mug punter and went along with all the hype and the lies.

They won't catch me out this time. If hype, speculation, and "imminent contracts" can get me anywhere near break-even, (about 5p), I'll be gone, with a lesson well learned.

Good luck to all the old-timers. Hope we all get our money back.

halfamil,

most sensible post thus far - why are people seemingly happy to be taken for a ride for a second time?

After much deliberation, several years as a shareholder and losses in excess of 50,000, I can only say:-

To long term holders - Are you blind, daft or both?

To new investors - BE CAREFULL - many people have lost a lot of money in this stock - past hype has taken the SP to 28P then it fell to 0.14p

A leopard never changes its spots - don't throw Your money way as many others of us have done!!!!!!!!

This recent rise in SP will end in tears IMO!!!!!!!!!!!!!!!!!!!!

If it is based on rumours/ info, we've seen it all before. This is basically a corrupt little shit-heap of a company. Don't be as foolish as me and invest in it.

I thought very carefully before posting this. I've done so because I see new investors being sucked in as I and many others were in the past. I do not want to see new investors fooled in the same way as I was and lose their money.

p.s. Great day on the slopes - clears the mind!!!!!!!!!!

oblomov!!
Shame on you comparing this company to a manure heap. Every day the heap will grow, use the manure on your tomatoes and they will grow, spread it all around and everything will grow. Stanelco..... dosen't do anything but suck in your money.
I'd liken it to a black hole.

oohh arhh.

i'm avg down to 1/2p .005p and i'll see this to 5p min ......but thats me.........as for those that want to sell thats ok ...but don't forget it you boys that bring the sp down always ...........................;-))

Well that appears to be the end of the feeding frenzy.
Whoever had a buy order in must have filled it, or whoever was selling must be sold out now. So what happens next. Surely an RNS on company holdings.
Think it will just meander its way to next Friday and then we may find out.
Whisper of 11million annual sales in results, but whispers need ignoring, we'll find out soon enough.

Last trading update dated 14/01/07 stated there would be a trading loss in line with market expectations fo 2007, but sales lagged forecasts.

Thats why I said it needed ignoring.
Anyway, sales are not the issue as much as profit and there will be none of that!!

I feel a little bit sorry for those punters who got on board @1p+.

Back to reality here...those who bought around 1,25p now looking at 50% loss..ouch...bad day all round even oil stocks taking a pounding !

inclined to say, "Decline to comment!"

You enjoying this cynic?

Ladies and Gents... I have decided to join the madness (hopefully on the rebound).. I know ..the people with white coats and nets will be looking for me but it is only a punt (small bet) !, won't lose much if it goes belly up !

mad pad .... no, but perhaps you guys should listen to what i write occasionally!!!