NETeller - NLR - 3.15
Thought i would start a new thread following on from
hawick - new issue looks very special - not to steal the thunder from
hawick but just to highlight the company name to those not already in to this
potential blockbuster.
Those of us who are following NETeller know the background and have been
active with postings,for newcomers i strongly sugest viewing the
( new issue looks very special posting )the content will speak for itself.

Brief overview of NETeller
The company handles online cash transactions across the globe
on 21st oct gained fsa approval to operate as a regulated e-money issuer
and will passport the regulated status to all 25 EU member states
it has over 1 million clients rising by 2000 number each day
1500 online merchants and processed over $1.5 billion in 2003
pre tax profit is estimated to be 29 million to dec 04 rising to
40 million next year
per currently 20 to dec 04 falling to 11.5 which is low for sector
brokers have been raising forcasts on a regular basis
share price has risen over 50% since launch earlier this year
new markets emerging constantly,asia has the potential for supergrowth
online casinos are creating enormous profits
given all this - cash generative - huge market - fsa approval
infastructure in place to handle growth, profits accrue to bottom line
the market force is behind it with good relative strength
all put together it is hard to argue against this has the potential
to be a blockbuster over the year ahead

regards HUSTLER

I've been known to go stellar

Sirius

Sold two tranhes of this stock this morning still have two left. Volumme as just dissapeared on the stock over the last week or so.

cheers GF.

Selling out Goldfinger,,i am surprised after all the positive comments on this board ,and the markets being so bad this week,, what changed your mind..JB

GF - looks like a smart decision - your timimg on these is uncanny - dropped another 20p

I too sold yesterday to re-invest in MMG before March 18th important announcement.

I took profit last week at start of fall. Aim to get back in when it bottoms out as NLR has not lost it's potential.

Cheers,
Stuart

Jimmy B not selling out making sure I trouser profits. Still have 2 tranches left and beleive it will rise again. Volume all gone from it over the last week and MMs not helping matters.

cheers GF.

It does seem that every time it drops the buyers come back in but it does`nt recover and finds a new lower level,,JB..

I just got a quote to sell and they offered me 575, although bid was showing 569. It looks like the MM's are desperate to fill a buy order. The SP may fall, but I reckon it will bounce back pretty quickly.

rgrds
gk

Just bought more at 572 - as i still beleive this share has legs in it

>> bhunt

Brave one! Medium term will pay off though.

Do I see us heading down to my buy limit of 475? No, I'm not shorting (don't know how to) - just set my terms and sticking to them.

SD

SD - From a purely selfish view point - I hope we do not drop any lower than this

Baza

Oh, it would go back up again IMMEDIATELY I promise!

Too many , shall I, shan't I , would-be buyers watching for another 1p drop before making up their minds. Needs a couple of hefty buys, to lift the SP and make the ditherers rush in. Come on lads, hands into yer pockets.!!!!!

I can't sit in front of my machine each day and day trade. I have to buy shares on their medium to long term value. This one has all the hallmarks of a good investment. So much so that I might add to my holding. Anyone got any views why this is drifting. Is now a good time to add?

Cheers

B2B

I see some limit sale orders at 600 - any one has any info to add ?
Thanks

My best guess is that some peoples stop losses are being hit and this is causing a domino effect. It was also overbought and due a period of profit taking / consolidation before the next leg up.

My stop loss has not been hit but if it is then I'm out , can always jump back on later if I so desire.

People set different stop loss levels,
-20% / -30% is normal, this has only droped 10% so far
on the back of over 100% rise in less than 3 months.
Some profit taking and tree shaking is bound to happen
you can't expect it to rise everyday it just dosen't happen.
Agree if it carries on falling say another 15% cause to worry.
However with news due early April which should be positive if what
we are being told is correct the sp should rise to new highs.
You have to deside if you are sat on a gain of 100% or more
and sell out but want to get back in at a lower price will
you double your original stake if not you will lose out in real
terms, if you believe it has a lot more to come as most of us do.

regards HUSTLER

Was it the mms pushing the price down today,? if you look at that 1.4 million s
sale at the end of the day did they have an order to fill,any views??..JB...
And another the same 1.4 million...