Tanfield Group is the new company name of Comeleon. As I understand it, Comoleon was getting into trouble so TAN (paerent company?) took over. Since this has happened the share price has dropped by 0.25p each day for the last week or so (on average) and are now around the 3p mark with very little activity.

Does anyone know much about this company or previously held stock in Comeleon? There is virtually no info out there other than on the company website.

cheers

Mike

Think this was the level i was thinking of with my last post, appeared to be on the cards, away for two weeks but may have to start accumulating some for when the share price starts to recover...

As the saying goes, "the higher they fly, the harder they fall". On that basis I think I'll wait for 10-15p before putting any money in! :-) Or I might settle for a higher price if it's part of a rising trend, rather than the current falling one......

In my opinion....

Strawbs.

Oblivion here we come!

Quite funny really if it wasn't so sad ..

perhaps this is another SEO! ;-)

Stawbs .... when was the last time you actually bought instead of saying, "Oh I would/might buy if they were 50% cheaper still" or some such nonsense?

SEO this isn't .... company has a product that actually exists and sells!

lol

sorry mate. I knew you'd bite to that.

Just being mischievous.

Actually I placed a limit order to buy when I predicted they would reach 84....but that timed out after 3 weeks and didn't get filled. I was also tempted to buy at 75 (which I also predicted) but used the money to buy OXB instead (which has gone virtually nowhere since, but at least not down in the way TAN has). Maybe a lucky escape. Only time will tell.

Regardless of what the company has by way of a product, it's only worth what someone will pay for the shares. 10p might be ridiculous now, in six months maybe not. With TA you look for sensible (as you see it) entry points. Things obviously change though, so if they announce some sizable orders, and the chart establishes a new uptrend (higher lows, higher highs) then obviously I'd be interested in investing again. I'm only giving my opinion as of a single moment in time.....as many others do on here....

As always....In my opinion. ;-)

Strawbs.

u r last one to talk about bashing a share cynic......i can barely remember you saying nice things about any shares that i've looked into.

and i'm really surprised that u bought into this for one that is so cynical

anyway if u still got it, it now seems like a long term hold unless u want to bite the bullet

I've seen this movement before where a share bombs then recovers quickly thr' either a short cover or a seller cleared out. In my experience, the sp then improves over the next day or so.

The question is have I the confidence to chance it.

Only IMO of course.

i was not complaining that Strawbs was bashing at all .... i was merely observing that i had never known him to buy anything

ok cynic

i only seen odd post from strawb so cant really give an opinion.
yes, it is hard picking shares right now.....suppose old addage of long term hold and majority of time, everything will be ok......5 years for most shares

Quite right. I've abstained from buying anything for well over a year feeling the market is overdue a massive correction..... Since the start of the tax year though I've made a few small and selective purchases......probably just in time to see the whole thing collapse.... LOL :-)


Strawbs.

and i guess that over the last year you were arguably wrong to abstain .... from buying shares that is

I'm happy with my decision. If I'd held on to my original portfolio then some would've proved spectacular winners, and others spectacular losers. Who's to say which I would've kept and which I would've dumped over that time. I might've done way better.....or perhaps far worse. When I sold up it was for a healthy profit and was the right decision for me at the time. I still feel the market is due for a massive correction, but I do miss picking stocks (even the odd winning one), so I've decided to put a small amount of money to work and see how things pan out.

Strawbs.

The only market correction due at the moment is a massive one upwards. This is based purely on company valuations against their assets of the companies that I am invested in. I believe, the whole market is currently based upon pure corruption and the, lets rip them off brigade, to make their own profits and bugger the small company that then struggles to get finance because in the markets view, its worthless. At the moment all you have to do is buy a stock, preferably when it looks cheap and trade it on its next false rise induced by mm's to make them money.

Somebody has started to short again.

Had the confidence to buy in yesterday and just sold out. Not quite the profit I had but a profit nevertheless.

The company may be good but the share has an awful feel about it.
It does not look good.

Maybe it's not someone shorting.....just people (like yourself) taking a quick profit. Nothing wrong with that of course!

In my opinion...

Strawbs.

I think it's been very similar amounts traded.

I'm very aware this could bounce from here for the rest of the day but I couldn't take the risk!

I think Evil Knieval is shorting TAN.

I'm always looking short-term.

Expected this to bounce again or drop this pm.

It has done neither. Just sitting there like a lemon.