nice starting point..

All the housebuilders coming back strong today.

see post 26 for chart - shall sleep on it, but think i may well be back in for a slice in the morning

Barratts in rights issue.

these are gonna fly BUY BUY and BUY

WHEN, WHEN, WHENNNNNNNNNNNN!

Taylor Wimpy is turning ,,bit of a bear squeeze .

see i told you so....

these will fly BUY BUY and BUY

why's that ?

the company seems to think this is a good time to issue a load of equity, but the debt levels remain high.... the rerating has been good, but is probably complete.
We're likely in the middle of a minor housing rebound, clearing the buyers who thought they'd missed out last time around. RICS survey is peaking out, the sector normally follows that...

furthermore, at least one downdgrade this morning

Thought I might find you here cyners sniffing for a short.

It does look a trifle overbought.

generally speaking, i think it's a pretty brave man who shorts individual stocks at the moment, for though some consolidation is well overdue (so short FTSE if you like), the upward momentum remains.

furthermore, the housing market is definitely on a recovery track and BDEV in particular does not look to have a huge amount of immediate downside

jesus, have you been taking elocution lessons??? (very unlike you that post above)

Seriously though I reckon were in for a mild correction in general and then a pick up in the last week of october when 3/4tr yank results start churning out.

btw, i see a number of institutions have been shorting here ..... any idea of what the diluted price works out at?

Nope, no interest in this stock at the moment cyners, was just looking for you earlier on to get your take on the market in general.

Dumped it a while back as it was getting too volatile and I keep away from stock volatility.

Market volatility....... brilliant but stock volatility on a changing market........... no thanks.

Business Financial Newswire
"Blackrock Investment Management has gone short of Barratt Development shares.

As of today (24th Sept), Blackrock holds a short position equivalent to 0.58% of Barratt issued share captial.

Yesterday Barratt announced a 175m placing at 240 per share and a 545.5m rights issue at a price of 100p per share.

By mid-afternoon, Barratt shares were trading at 264.8p- dowwn 10.9p on the day."

sp closed @247-248p.

Business Financial Newswire
"House builder Barratt Developments has become a 'shorting' target for institutional fund mangers with Marshall Wace the latest to climb on the bandwagon.

As at 1 October 2009, Marshall Wace had a short position equivalent to 0.3% of the share capital of Barratt."

"GLG Partners has shorted Barratt Developments shares.

As at 1 October 2009 GLG held a short position equivalent of 0.25% of the issued share capital of the UK house builder."

You have to feel for the recent shorters!

More shorting.