bosley
- 20 Feb 2004 09:34
Fred1new
- 25 May 2005 21:38
- 4887 of 27111
PS sorry about double posting.
jimmy b
- 25 May 2005 21:44
- 4888 of 27111
What do you call a short term position Fred, look what they have done to NLR, it will come back im sure, but they have hammered it.
Fred1new
- 25 May 2005 21:51
- 4889 of 27111
If you have bought and still hold have courage of your convictions and wait until it hits the price you think it worth, at the least you will be more careful next time when you buy.
Also. if you are worried about shorters buy larger companies where their effects will be less and hedging is used more so for what it was intended, not "gambling". I do not have anything against Hedging going short etc. and at the moment I don't do it, and although I find it is annoying sometimes it is a fact of life.
jimmy b
- 25 May 2005 21:55
- 4890 of 27111
Yes its just that it ties up your money when that happens,and its dead until it bounces back,,like you say though its now a fact of life..
Fred1new
- 25 May 2005 22:00
- 4891 of 27111
The majority of us (including myself) are too greedy sometimes.
jimmy b
- 25 May 2005 22:03
- 4892 of 27111
Yup thats true, probably why i never seem to get out at the top,
Fred1new
- 25 May 2005 22:04
- 4893 of 27111
PS again there is one major problem though, ie if the company wishes to raise money by a placement etc. because of the deflated price a part of the company is sold off to cheaply and the "normal" shareholder looses on the deal.
Sequestor
- 25 May 2005 22:16
- 4894 of 27111
jaysus Fred -sccchhhhh!
things are on a knife edge as it is - whatdayawant?-shorters???
SCCCCHHHH!!!
EWRobson
- 25 May 2005 23:37
- 4896 of 27111
Hi folk; the scousers won the cup! Hooray! Quite amazing match with Dudek quite sensational at the end.
Another day out - had to close a couple of SEO positions before I went for peace of mind's sake; needn't have done it as it turned out. But that's the nature of the game - still a happy chap!
Found some fascinating contrasts in investment / trading style and thought it worth commenting:
andysmith: the ultimate investor! He's bought; he's adding; he has unshakeable faith; he knows the business inside out; he understands the ultimate value.
dynamite: the ultimate trader! I've seen her do it with PDX; she trades the channel; she makes money up and down; not sure that she shorts (I'd like to see her in or out of them, though!) but she knows when to sell, when to buy back and when to take profits.
Sequestor: a two way trader who is extremely confident in his own calls but critical of other stances; he called the sell right on his long; he closed his short with a good profit; he opened another long - time will tell. Hope he learns to respect others and their approaches, including the novice investor.
Evil Knievil: says he has made money out of shorts and longs but suspect, except this time, that they are fibs; certainly made a significant loss on his last short; opened the latest short without calling it as a new trade - his supporters will have got in late and probably lost money.
Eric: caught out by the market move whilst out of action. Had increased his CFD stake using margin generated by the 'buy on rumour'. Felt he had to reduce stake when sp dropped and position went negative (although this may not have been necessary). Also used margin to build up position in ASC and is 15K to the good. Not a problem. All in a week's trading. A strange sort of investor/trader mix - holder long term of SEO and ASC but likes to make extra money along the way and suspect he would do better by sitting on his hands!
elrico: will read the article properly. Don't see any difference though between taking long or short positions, particularly via CFDs. I am neither a positive or a negative investor in the company. Share trading is not investing in the company. The company carries on whilst the shares rise and fall, only meeting the trading community when it wishes to raise funds. I think longer term holders, like andysmith, are investors who own a share of the company; although I do believe in long-term potential of SEO, I am not even trading the shares, I am trading contracts.
Hope this helps others to position themselves on the spectrum, which of course can change over the course of time.
Where from here with the sp? Have high regard for og who is calling a drop back to 20p, possibly 16p. My reason for reducing exposure was that I considered the next support level was 20p; maybe low pprobability but couldn't afford the risk. It may be that a new support level of 24p has been established. Like bos, I am concerned that there is no new positive news, other than the start of the ASDA exclusivity period, sine share was trading between 20p and 23p. I had thought share had moved to a new band between 27p and 30p. It may be that the new trading range is 24p to 30p. Time will tell. Time for a bit of caution.
Eric
bosley
- 26 May 2005 07:24
- 4897 of 27111
morning all. still no follow up news which i find disappointing.
ptholden
- 26 May 2005 07:38
- 4898 of 27111
The headline from a Motley Fool Article about why small cap shares may be good for your wealth:
The Small-Cap Risk Myth
In 1980, Wal-Mart sold for pennies a share.
Now it sells for more than 50 dollars.
Had you invested $5,000 in Wal-Mart in 1980,
you'd be sitting on how much today?
ABOUT $2,500,000
PTH
bhunt1910
- 26 May 2005 08:09
- 4900 of 27111
Morning all
Nice steady start to the morning
Baza
hampi_man
- 26 May 2005 08:15
- 4901 of 27111
From todays shares Mag.
Stanelco (SEO) has announced its first commercial agreement with an Asda supplier, believed to be Youngs Bluecrest, for its revolutionary Greenseal technology. The group has also announced that trials are taking place with other selected Asda suppliers. Asda has exclusive use of the technology until May 2006, but it is then expected to roll out throughout the industry.
The Greenseal technology has several advantages. It increases shelf life and thereby reduces waste. At the same time it provides more attractive but less
expensive packaging. This has the double advantage of lower costs and increased sales. Asda has estimated that it could increase sales by 20%. Although the initial order was for only one machine it is hoped that the customer will buy a further 12 once it has bedded in the first machine. Clearly Stanelco
and Asda expect other orders to follow.
Analyst Tim Freeborn at Evolution Securities believes that 100 units will be delivered by October 2005.
That, however, is only the beginning. Stanelco is also talking with Wal-Mart, Asdas parent. Success in selling the units to Asdas suppliers in the UK
could lead to much larger orders in the US. Once the exclusivity arrangement with Asda ends other UK retailers are likely to want the units for their suppliers.
If the group is successful in the US as well then the medium-term prospects are mind-boggling. Evolution believes that pre-tax profits in 2007/08 could be as high as 94.6 million with EPS of 6.6p. Freeborn is cautious as he is reluctant to raise his forecasts on the back of the first order but he admits that his forecasts for this year could be too low. Shares are 27.25p. n Shares says: The speed with which Stanelco has moved from enquiries to orders is testament to the company. Although the shares may tread water until some new orders are announced the potential is still huge.
by: John Marshall
cheers HM
016622
- 26 May 2005 08:24
- 4902 of 27111
thanks HM...good article
(morning all!)
driver
- 26 May 2005 08:59
- 4903 of 27111
hampi_man
Thanks for the shares mag post, I know its repetitive but I have put it on the R/Page any way.
Research Page:
http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=5042
Sequestor
- 26 May 2005 09:05
- 4904 of 27111
Very poor -and total lack of -P.R. from this co., they need a good ass kick to get them shouting the odds a bit, as a share-holder,I will e-mail them to that effect today, THIS NEEDS NEWS.
Unexpected turn round in the markets today, FTSE well up, stopped my short out @4990, it`ll fall back again soooon!!
g`luck
Chiva20
- 26 May 2005 09:05
- 4905 of 27111
016622 will have a look at fibonacci retracements thanks :o)
Sequestor
- 26 May 2005 09:12
- 4906 of 27111
"You want to buy on strength and sell on market weakness. Waiting for a retracement is never a smart strategy:"
...............
Someones` comment on Fibonnaci- another one is "its only averaging down by another name, a fools errand"