dexter01
- 25 May 2004 13:51
does anyone know anything about these guys?,there has been some buying and (a lot)of selling .i am trying to find something really really cheap to speculate without the fear of losing much if the worst happened.
thanks.
dexter.
Andy
- 11 Nov 2005 10:59
- 92 of 98
looks like the 500,000 sell at 09:00 stopped the buying.
The spread is ludicrous, I can't imagine too many people piling in to pay 50% more than yesterday, when the bid remains unchanged!
mjr1234
- 11 Nov 2005 11:13
- 93 of 98
Yes, the spread is sh*te, but this is just how it used to be until the last few weeks when they screwed down the offer. Used to be 25/40 or 30/45, 35/50 etc. So this .15 spread is just reverting to the norm.
The trick with this share is to accumulate on the occasions when the spread narrows, hopefully getting as low an average as possible. And hold with at least a 6-12 months view.
Diablo666
- 11 Nov 2005 11:20
- 94 of 98
MJ
The 'equilibrium of volatility' as I like to call it.
Hold similar view on DAT Group too...
666
Andy
- 11 Nov 2005 11:46
- 95 of 98
And now a 750,000 sale, and the offer remains high!
mjr1234
- 11 Nov 2005 11:48
- 96 of 98
You have to assume they have a large buy order in?
And you also have to bear in mind that 750@0.23p is only 1700, so it shouldn't really be causing huge waves in a 4M stock.
Diablo666
- 11 Nov 2005 11:57
- 97 of 98
MJ / Andy / Explosive
Watch like a hawk for the possiblility of grabbing some more should the MM spread move around again (bull-trapping) ... I know I am...
Eitherway, over the coming weeks, whatever the MM are up to, whe're seriously in the money ;P
MJ
You're right on the button for a long position too... Re: 6 -12mths...
666
mjr1234
- 18 Jan 2006 12:00
- 98 of 98
Talk of oil price of $70 by end of the week. Sefton are RAKING IT IN.