for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

Seq

Agree the short term chart does not make pleasant viewing. Problem with shorting SEO is that there may well be considerable good news (UK orders / US progress) in the pipeline which will burn any shorter tout suite. Thus far the SP continues to bounce off support at 22p and if this level is broken, 20p, followed by 18p should be your next targets.
My own opinion from a TA perspective is that if you are short, you are about to be seriously stuffed. Take a look at the MACD, classic divergence in evidence. Don't forget that the recent dip is also caused by thin volumes, not 'serious' selling.
Just my opionion, etc etc.

pth

thanks for sets info, but is there any particular reason why SEO is now traded on sets?

superrod , from observation it appears that every week more smallcaps are coming under sets. i think it's bullshare who produces a list of new companies under sets in traders room.

pth- "seriously stuffed", sounds most uncomfortable, luckily before that happens I shall go into reverse with only a slight taste of ` sage and onion`,
This is a fun share to trade in a mild way, personally I can`t take its` future too seriously, there are hundreds of others in similar straights, they limp on for years supported by cash calls- all too readily filled by naive people- present co. excepted, naturally.

Seq - calm down, you're starting to get incoherent.

Can someone explain to me why when buys outweigh sells by three to one the sp dips?

check out the VirtX market -trades often go through there- there are 100k+showing, also look at the 100k and 250k close timed deals on LSE ,1m in all almost certainly roll overs, which sticks another 500k onto `sells`, and voila not 3:1 any more.

the aquisition of biotec was subject to shaeholder approval.i hold my seo shares in a nominee account. is that why i haven't had any further news through the post or are paper shareholders in the same position?

I am in same position as you Bos - and I have not heard anything either.
Baza

Doesn't it mean the approval of Biotec shareholders?

And if so what's taking them so long?

ta seq

Perhaps they don`t want the deal.

Perhaps due diligence holding them up - but I would be surprised!

well there goes 22p, 20p soon, and then DOWN.

Seq. loving the commentary!

you are right, meanigful has many connotations but the reason i asked was to guage how serious you were about the bear and also if you would feel it if an RNS pushed these to 30p (my target is 28 - 29 for the record).

totally relaxed at these levels but think that SETs is the best thing that has happened to SEO in a while.

prop

I`d feel it but not for long, any major change in the wind and I`ll long it- I can`t resist the blandishments of gung-ho posts on penny shares, I lead a very quiet life these days
g`luck- oh and lol!

ps don`t forget the statistic- shares take three X longer to rise than they do to fall.

i have to say that it is guys like you that make these threads. i laugh at the small holders who squirm at the mention of a bearish comment.

i am stuck in on the long side looking for a 20-30% move on news (walmart, big order, whatever). downside i see to be mid-teens. a relatively good bet in my book but the annoying thing is i usually prefer quiet out of the way names to punt in...i couldn't be further away from that with SEO!

proptrade, for a long , long time seo was a very quiet , out of the way share. (i have put bvm on my watchlist as a possible.) i am quite happy to see seq shorting seo . his record lately isn't that good!!! :-)

(then again, law of averages says he's going to get it right one day)

LOL Bosley!