Started to rise in last hour suddenly...anything happening ?

Going Bananas in the US with almost 3 times the average volume!

All started about 10:40 ET with huge rise.

Similar but much smaller rise on LSE

US quote:
15 Sep 2003, 01:38pm ET
Last price:1.84
0.11 or (6.35%)

Bid: 1.80
Ask: 1.85
Day's Low & High: 1.72 - 1.98
Open: 1.77
Previous Close: 1.73
Volume: 1,222,361
Avg. Volume: 464,134


Red

Seems to have closed in US with only a 5.6% rise in spite of a volume 325.7% times the average.

I can find no news since the announcement of the completion of the Fab Lab, not on Tracy Island (Thanks Jumpin) but at Caswell (UK) on 11th September.
http://reports.huginonline.com/917107/122992.pdf

However there is a lot of work going on in Canada & the US to improve & install high speed telecomms systems. Bookham's Nortel subsidiary should be in a prime position to win some of the contracts.

Ther are links to some of this work in my post on the BVC thread.

Red

RedUnderwing..thanks for posting...just got in after a long evening out...

could see an early rise again tmorrow I think...breakout looks promising from here, check Bookham Tech chart...will attempt to pickup a few if there is a drop first thing.




Jules99

Doing well on this one, rising today properly...Chart was right..!

1.15 -1.17p +4.5%

volumes were very good 2 days back, hence me jumping in when I did...

DYOR as always, hopefully this one will pay off..

Jules99

Another good day for BHM in the US yesterday!

16 Sep 2003, 03:59pm ET
Last price:1.97
up 0.142 or (7.76%)
BKHM detailed pricing and financial information.
Day's Low & High: 1.77 - 1.97
Open: 1.88
Previous Close: 1.828
Volume: 1,234,499
Avg. Volume: 486,285

But no more news!

Something must break soon surely!

Fly by Night

Red

And a good day here too :)

And another good day here, after reading your post Jules decided to buy in on an impulse,must be our lucky day.
Regards.

Hi Jules,

Don't expect this stock to double atm. Fwiw, I calculate intrinsic value circa 175p. They have a good business model and good management. So, certainly not one to ignore in my book.

TomL..:>)

Toml.

Too tempting so sold out today at 1.34..kept a few for long term...not bad turnaround...

Gone into Kingston com. for second round...

Ta.

Jules

Nasdaq today:

17 Sep 2003, 03:59pm ET
Last price: 2.32
up: 0.34 or (17.17%)
BKHM detailed pricing and financial information. Metric Value
Bid: N/A
Ask: 2.31
Day's Low & High: 2.05 - 2.35
Open: 2.05
Previous Close: 1.98
Volume: 5,032,324
Avg. Volume: 503,259

10 times average volume on no news?

Good price rise towards the close. "What's it all about ....

Fky by Night

Red

Jules, well done, never any harm to take a profit particularly when you have another specific destination for it. All the best for now...:>)

Part 1: Interview with Ignis Optics President and CEO Michael Lebby and VP of Marketing Steffen Koehler.

Part 2: Q and A with Dr. Steve Turley, Chief Commercial Officer, Bookham Technology.

http://www.opticalkeyhole.com/keyhole/html/ignismerger.asp

Fly by Night

Red

Falling for few days. Hopefully 1.30 could be the next base!!

I've read an article a few weeks ago stating that the support level could be aroung 90p. I should have sold out a while ago when it was at 1.70.

Good luck all

big drop from 180 to here 133p could see a strong rally from here,i;m in for 1500 shares stop loss 125p tgt 180 good risk reward play for me,

Just look at this chart! its a classic imho sitting on its 200day may waiting for take off,

got that wrong :o( do we wait for a rebound or cut losses?

I think you should wait for a rebound. I just join in at 115

so when is the rebound going to happen?

Tomorrow