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Chinese Mobile Service Provider... another wonder stock? (GMO)     

Tonker - 06 Sep 2006 09:25

Take a look at these... issued at 50p already up 80%... I am stilll shaking, bought at 62.5p now 96p... stick these on your watch list
Chart.aspx?Provider=EODIntra&Code=GMO&Si

Tonker - 08 Sep 2006 13:59 - 6 of 34

More steady gains today, some late buys coming though I think, they are at 100p, wich was the price yesterday, but am not sure. Can anyone comment on this?

driver - 08 Sep 2006 14:14 - 7 of 34

They could be sells but it's not affecting the sp its still on the up have you got a target.

Tonker - 08 Sep 2006 16:21 - 8 of 34

Target at the mo is up in the air... average price I have paid for is 82.5p, looking to double, but will keep it running as long as it "feels" right

Tonker - 08 Sep 2006 20:28 - 9 of 34

good day for GMO up 7.5%, some large buys also today

Tonker - 10 Sep 2006 20:38 - 10 of 34

Looking forward to Monday, still thinking about buing more. Still kicking myself for not buying on the dot at 8am last Wednesday... When I spoke to my broker he said the price was 57p, told him to buy, and he called me back to say the price had moved up to 67p and he had not bought because the price had moved too quickerly. I was p****d off......

cynic - 10 Sep 2006 21:09 - 11 of 34

perhaps a silly Q but perhaps not ..... was there not another Chinese IT or telecom IPO (I think that is the correct acronym), perhaps in NY, that went totally through the roof, then collapsed and little has been heard of it since?

If that is so, then I can say watch out and bail out once you have reached your predetermined target .... and stay out!

Tonker - 10 Sep 2006 21:57 - 12 of 34

How would one set a predetermined target? How would one make it realistic? Sorry for novice questions

cynic - 10 Sep 2006 22:03 - 13 of 34

By determining what you think is a fair profit ..... shares that rocket have a nasty habit of falling like sticks ..... been there, done that and got a drawerful of T-shirts

Tonker - 11 Sep 2006 07:30 - 14 of 34

Well will be looking for double, got in at 82.5p Target is 165p

Tonker - 12 Sep 2006 08:21 - 15 of 34

First 5 trades are all X trades.... can anyone explain what this means?

cynic - 12 Sep 2006 08:33 - 16 of 34

a small caveat .... unless i am much mistaken, the excitement and particular the volume in this share has completely died away .... imo, if you are a holder with a decent profit, then it would be no bad thing to take at least some money off the table .... if traders start getting bored, as they may well do, then the price could easily fall at more than the rate at which it rose

cynic - 12 Sep 2006 12:03 - 17 of 34

just to be dull, i repeat my earlier comment ...... call be cynical, but i may be detecting the faint aroma of at least smoke

Tonker - 12 Sep 2006 17:19 - 18 of 34

Hey Cynic, can you explain why the price moves up on more sells, does not make sense? Still moving up, nice gain today

cynic - 12 Sep 2006 19:34 - 19 of 34

the Lord often moves in mysterious ways! ..... However, my advice remnains the same ....... Note how volume has dwindled to nothing

Tonker - 12 Sep 2006 22:42 - 20 of 34

you may have a point, but i will hang tight for a bit... thanks for warnings

Tonker - 13 Sep 2006 17:08 - 21 of 34

Another 2p rise, has risen every day since it floated.... still think there will be more to come

Tonker - 15 Sep 2006 13:21 - 22 of 34

Huge 10p jump today, still on the rise, I'm loving it!!!

cynic - 15 Sep 2006 13:35 - 23 of 34

10p huge???????? ..... not with a share of this price which has a spread of 10p anyway ...... and note well the pathetic volumes

Tonker - 15 Sep 2006 13:52 - 24 of 34

I know, I would not buy them now, but it is good for people that hold these shares. I must say that I am not ramping these shares up, I feel that Cynic thinks I am. All I can say they are still doing well..... I am a holder of these stocks and my opinion will be bias.....

cynic - 15 Sep 2006 13:59 - 25 of 34

no i don't feel you are ramping at all ...... my caveat remains however; i would not be remotely surprised to see sp tumbling back and nor should you ...... at least put in a trailing stop to protect some profit
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