Why are we again at 10.5p bid?

It doesn't add up...

Good Results + Strong buying pre results + Christmas online buying soon = Price drop

Then again some companies that have debt for equity hanging in the balance, poor results and bankruptcy around the corner and they go up!

Why sell now at a loss?

Wont that be a kick in the teeth when we see 13.5p 14p again!

Best of luck all.

For anyone interested in candlestick charts, Friday's hammer at the start of trading was identical to the hammer at the end of trading today. We could well see a healthy rise tomorrow.

good morning everyone,
dont be disappointed if we see a drop at the end of day today. if we do then the chart looks like it may create that head and shoulder pattern that i mentioned previously. if it does then in most cases after that it normally heads up. it created a cup and handle prior to its previous rise a few weeks ago and that did very nicely for all of us. for those of you who are not familiar when i say cup and handle then look at the rtd chart from 27/5/02 to today and you will see the pattern of the graph. the head and shoulder is from the 27/01/03.
once it has broken that 22ish resistance then i will be happy to sit and watch it go toward the next resistance at 28-30p (unless we get bad results but i dont believe that will be the case).
have a good day all!

Morning all. I agree with you Javid to a point [joke]. However I see the next resistance point being around 25 then moving 27-28 just before results,before moving up. Then only if the news is brilliant.

correction to my previous post (714).
the head and shoulder is 27/01/04 onwards. sorry. i am still writing out 2003 cheques!

where have all the traders gone ???.. trdes were 10x higher (3.6mln) this time yesterday! :-((

Buyers are hoping the offer will dip to 21p....

It does look like the MM's may be filling a buy order at 21p though and so they are not droping the price. MM's bought 600k shares yesterday at 21p so I don't think they will be keen to drop the price unless they are forced too...

Patience required. This share will do really well this year...:)

IMHO

Crazi

Javid - looks as though the head and shoulder theory beats the candlesticks hands down this time - it'll be interesting to see what happens over the course of the week.

O,oh where are we going now, wishing I hadnt bin greedy and taken profit like other smart punters,scared selling too soon, scared holding too long. hopeing this not going to be another ZOO from 8p to 19p back to 10p in couple weeks!!!! :-((( D.

Don't worry, RTD's definitely not another ZOO.

Have you not looked at the trades today?

Buys: 1,301,851
Sells: 993,867
Unknown: 950,000

All the sells looked like relatively small time punters getting scared (before the race has even started!). Lots of investors took today as a perfect opportunity to top up at bargain prices.

One of the unknowns was a 500,000 buy at 15:30 delayed until 16:30. Now that is someone who has trust in the company!

I've been looking into the inverse head & shoulders theory a bit more and found this classic illustration of the RTD chart from supermum on advfn:





If the theory holds true then RTD really is heading up big time in the next couple of years.

thanks overgrowth I,m wellprepared to believe you, havn't a clue what your charts mean, looking forward to going to traders/investors meeting when there is one ,travelable from York area, would like to learn at least fundamentals of chart interpretation.Trust for a beter day thur.

Trades today on my moneyam show

buy 1.4ml
sell 1.3ml
u/k 1.2ml

D.

D, This chart stuff appears to be gobbledegook but there are certain formations which seem to appear again and again where the pull/push of prices caused by market psychology moves in almost predictable waves.

The head and shoulders and inverse head and shoulders are favourites of the technical analysts.

Now that the inverse head and shoulders has been fully formed at the bottom of the price band, the next step is up and up to where they came from. If all goes to plan (speaking chartwise) we're looking at 1 by the end of the year and knocking on for 2 by the end of next.

I think this is a bit over-ambitious and I've set my target for this year at 60p, but can see 1+ next year all going well.

Re: the buys and sells - I got them from another site (there seems to be a slight variation between all sites in recording buys and sells oddly enough).

OG

with the results less than a month away, Why the drop?

Tokyo - RTD is up today 7.79%.

The rise of a share is never all on the positive side. There will be many drops along the way to earning serious money, however if you have the resolve and courage to ride out the dips you'll emerge with a very handsome profit in 1-2 years time.

OG

well said OG

I'm holding these this year to see where they get to and then review. Can see these going to about 1 by end of year. The chart is like a role reversal from the bad old days, just hope they rise as much as they fell

Now wouldn't that be somting, scotinvestor, back up to where they came from!!!!!!!!!!!! I'd love to pay the tax on that :-)) D>

Overgrowth - thanks for the boost, i do need to sell some shares at the end of March (any speculation on a possible price, before and after the results are posted?), but I will be holding about 80% of my shares in RTD for the next year or two, just to see where this company is going, one pound a share sounds great, one pound fifty would be fantastic, well here is to hoping!!!!

Good luck to all

I have been watching this share 5 years now. I am starting to go grey, not with worry though...things have taken a turning point.

This was well oversold. The MMs have tried flushing out a few sellers by pushing sub 20p yesterday which I watched with interest. There is support at 20p and it id steady. A fall below this was not sustained. With the imminent results and positive feedback this from 20p this share will go to 28p before it goes to 20p.

Bought back into this share quite recently.... Large quantity.
I would certainly like to see it at your price target Justmoney.
Best of luck to all holders.