Bioprogress is a stock I have been in and out of quite a few times since it floated in May but not much mention here on the Investors' Room. Does anyone else follow this stock. I see it is up 1.5p today and a few good buyers seem to have appeared.

Aerotus - it's only back to where it was on Tuesday. Bit early to be waving the bloody flags isn't it?

Dil - see above. ;-) Friday's close was 63.5p and Monday's was 64p so a wee bit of work to do yet IMO. Of course, if we go back another week we find ourselves at 69p and that might prove a lovely level at which to open a short.

I see a pattern here. Big volume down days followed by big volume up days and then fade away. Got it's so repetetive.

Do directors often sell loads just before good news is announced ?

Maybe the brokers note due this week (as it has been every week for the last 3 months) has a 10p price target.

Bloody optimist! ;-)

I will buy some off you at 10p

LOL Fred.

Its blue skies all the way. What do you think now Big Al? I hope you're not still trying to bash the stock on advfn. You're wasting your time.

I think we're getting to a beautiful shorting level, Aerotus. As close to 70p as possible.

SEO up 5.5% too. Big Al, has there been an out of court settlement with BPRG? I have no access to advfn, whats the latest gossip?

Nothing on the court case yet today. I'm keeping an eye on it/them! ;-))

Meanwhile, a short opportunity is rearing its ugly head.



I want it above the 17day EMA if possible. I'd like the RSI higher too. Unfortunately, we are coming up to the sharp down channel of the past month in addition to the longer term channel stretching back to mid April. Think I'll be lucky to get in above 68p, but you never know.

Are you banned from ADVFN or what? You were there the other day.

I am at work during the day, and advfn site is blocked for some reason.

Ah!. Have asked, but I think a few have filtered me so not sure if I'll get a reply. Will let you know though.

Cheers

BPRG up 10%. SEO +8%. Out of court settlement????!!!

That's the debate, but no firm news as far as I can gather. As usual, it's a little difficult to determine the wheat from the chaff!! ;-))

The prices would indicate an out of court settlement, which would be the best solution to both parties. Did you see ARX? I bought a shit load at 14p when it dropped 20%! (ONly lasted 1 minute) LOL!! Similar circumstances with WMK proceeding with the court case.

I do have WMK on my watchlist - potential short of course. Interesing you mention it as it has made a cracking reversal today at last support level. If it gets well up into yesterday's candle, it may be moved to the potential long list.

Update from over the road is we are all arguing TA. I'm amazed after yesterday that no-one has mentioned the court. It was all we discussed then. Amazing how focus can shift so quickly. Price rise for both BPRG and SEO may simply be the fact it is at last underway - sell the rumour, buy the fact, as it were.

We'll see.

Aerotus - finally got an answer. They seem to be expecting something after court closes.

Excellent. Keep me posted. Cheers

Will try, but as someone who is not like-minded, as it were, I don't easily get the answer when I ask - if you get my drift.

LOL