Morrissey is back with a new album at no 1 in the album charts out on Sanctuary Records (SGP). This is a big deal for a pretty small company. Added to this the first half results out today should show improvements in first half sales - their niche strategy is working. Expectations of an upbeat trading statement with double digit growth bucking the trend in the music industry. Share should tick up today.

It's going to make 5 pence next resistance if a positive start tomorrow.

+40% so far today and climbing. 5p is the target.

1000000 buy@2.75

clears 3 and this will rocket on short covering

anyone think its a good time to buy now or wait for further drop in sp? dont think company likely to go bust so surely the only way is up.[i am not after advice merely other peoples opinions]

anyone think its a good time to buy now or wait for further drop in sp? dont think company likely to go bust so surely the only way is up.[i am not after advice merely other peoples opinions]

the company has effectively in last chance saloon...has raised some cash but if looses remain in the next 9-12 months they will be out of business....buying a share because you think it cannot go down any further is daft...look at the fundamentals of this comany they are terrible........do not listen to some of the jokers on this board here they were tipping it at 50p.

will give it a miss then, cheap buys for someone else maybe but too risky for a bit player like me

i've been in situation like this before and have always made some profit. it can't go any lower, its time to BUY ! even a small increase would make profit. I'm buying 4000000 @ 0.47p

i only play with small amounts at the moment so 500 wouldnt be worth it after fees + stamp. [my portfolio is only just worth 2000 with 4 companies, took some big hits a while ago and still recovering[lost 6000] they say only play with what you can afford to lose so with wife and 3 kids i have to stick to peanuts and hope for something spectacular

I am seriously thinking of giving this a shot @0.47. The re-sale of shares is happening in March, so its got a chance of going up before that.

yip edd....great invetsment strategy...it cannot go any lower.....yes it could it will probably go bust...so yes it can go 100% lower

robalex, I would think nobody in their R.Mind would punt on this share. The TA is poor and the future PEGs are poor. If you have only 2000 to play with and don't have any immediate calls on it, the more sensible thing to do would be to find two share in the Midcap range which have established and sustained upward SP Trends of reasonable rate. Split your capital, place relatively close trailing stop losses (to cut your losses, you have had enough already) and ride the uptrend taking moderate SP growth over a period until you get your original stake back. Changing the shares when the trend reverses and moving on. You are more likely to profit than reading some of the BS written on BBs.

IMHO Good Luck.

great more money!!!, sold my 4000000 @47p for 60p. Profit of 5,200
you have to risk it to make it

HI EDDMCM WHAT ABOUT YOUR COST??????5200 IS NOT ALL PROPIT?????

edd....cannot see your trade today or from yesterday actually....if you are going to lie about it please try and be realisitic......or if you point out the time of the trades..I will post them up here...if not please do shut up old boy....anyone else is welcome to have a look at the LSE tarde data which tells no lies

I'm prepared to add 2p to the consortium buying the receptionist's desk leg. Well, they did say never invest more than you can afford to lose. ;-0 I'll have to wait 'til next month for my next Fruit Salad. LOL

al...usual nonsense going on here..EDD still waiting for you tro point out your trade on the official LSE trade jotter.......or have you decided you have made a big enough arse of yourself?

Hmm, must be the latter then, T. ;-))

There's quite a few people who seem to fib slightly and disappear when it is pointed out that what they say can be proved or disproved. As for SGP - real shame. Nice outfit at one time

SGP are offering their shareholders the right to subscribe
for additional shares on the basis of 8 new Ordinary shares for every 75
Ordinary shares held 50p per share when the shares are re-stated in March. Any sensible analysis on whether to go for this option or cut losses as they stand?

Can anyone explain what has just happened with sanctuary's share price. I am a novice investor and sold last week at 0.29.I looked to-day and they are now at 53.0. Did I miss out on a massive profit??