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.

The frequent trader gives RTD a little mention -


"Elsewhere Retail Decisions has slumped from its highs - looks like 18p should be a floor for the shares and they look undervalued at this sort of level."

p,s, Fundamentalist - nice to read about your little win

The candlestick chart is looking interesting again:



The "hammer" (a classic reversal symbol) indicated by today's trading shows solid support at 18.5p and a bullish close at the top of the intra-day trading range. If all goes according to plan with the theory (and provided there is no markdown based on general market sentiment) we should see blue days tomorrow and Friday.

Anyone trading will have seen this and closed their shorts and will be looking to buy back in again or move on. The budget held no nasty surprises for business today, so the markets should be back in bouyant mood (barring any more terrorist attacks). It's starting to appear from the resiliance of FTSE shares that we're looking at the end of a temporary consolidation phase - the overall market trend is still bullish and this should become evident again in the next couple of weeks.

Looking at the chart on the 9th, 10th and 11th we saw a fall on moderate volume with the price pulling back from its daily lows, however on the start of each new trading day, the price was marked down to the previous day's low forcing it down even quicker than would normally be expected. This suggests that the subsequent rebound could be just as quick, stablising at 22p as the next step up. Further rises from here I guess will be news driven.

There have been a lot of "pump and dump" merchants buying and selling in the past few weeks - it looks as though the dust has started to settle now.

Interesting also, the solid buying on the 12th - why does RTD generally seem to do so well on Fridays ?

All the best

OG

mornin all... :o))))

A lot of buys in the first half hour this morning!

mornin Douggie

Nice post overgrowth - and up she goes this morning!!! Lets hope this resistance has held and we can now gradually climb up again - we've still got a blue friday afternoon to come - don't know wht but seems to happen each week.

Javid - hang in there mate

nite all :0)))

mornin all :o))

Beautifull blue afternoon all :-)))))))

The joys of RTD on a friday - blue again

Phew that was close. I very nearly sold out at bottom Wed. scared loosing more of profit (which int a profit till its in pocket) thankfully held till after listen budget. Much happier this eve. good w/e all :o)))

well i am glad the support held up well. lets hope we have a good up trend next week.
have a good weekend guys.

javid

From a charting point of view the downtrend was convincingly broken at today's close.

The protected transaction for 500K this afternoon was very interesting. There were smilar sized trades yesterday also.

If this is the start of institutional buying in/topping up, then we could see a quicker rise back to the recent highs than was previously thought. There's a very good chance that institutions were waiting for the budget to prove favourable before plunging for some of the high risk, high return growth companies.

After all, purely based on the fundamentals, we all "knew" a couple of weeks ago that RTD is currently worth around 35p. The strength of the company and not the traders in its share price always dictates its true valuation in the long term. Whoever is buying big time at the moment knows that they're still snapping up a bargain at 21p.

All the best folks

OG

and yet RTD drops again on Monday morning. lets hope bargain trading during the afternnon brings us another blue day later on

A T trade just gone through for 800k at 20.55 that looks like a buy - might give the share a kick in the right direction (its also well above the spread so the MM will have made a nice commission)

:o((((

Not just RTD hammered today folks.

I can understand shares such as airlines, insurance companies etc. being marked down at open on a day when news connected to global terrorism is bad. However, for virtually everything to tumble every time we get some news of this nature is curious.

There are sure to be more such incidents and the predictable market tumbles, however the economic trend (which is what really drives the markets) is good.

Another trade for a chunky amount (very interesting indeed), if today was a general market up-day this trade would have had a very positive effect on the share price.

All the best

OG

quite a few things tumbled yesterday, hopefully RTD shall have it's usual week and be back to 21p by the end of Friday

very nearly finished blue today... ;o((

Retail Decisions PLC
23 March 2004

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES
AVS NO



All relevant boxes should be completed in block capital letters.

1. Name of company 2. Name of shareholder having a major interest



Retail Decisions Plc Herald Investment Trust plc




3. Please state whether notification indicates 4. Name of the registered holder(s) and, if more than one
that it is in respect of holding of the holder, the number of shares held by each of them
shareholder named in 2 above or in respect of
a non-beneficial interest or in the case of
an individual holder if it is a holding of
that person's spouse or children under the
age of 18





As per 2. above
As per 2. above






5. Number of shares/ 6. Percentage of issued 7. Number of shares/amount 8. Percentage of issued class
amount of stock class of stock disposed
acquired





n/a
n/a 4,750,000
1.6%



9. Class of security 10. Date of transaction 11. Date company informed





Between the 25th
February and 1st
Ordinary Shares of 1 penny March 2004 22 March 2004


12. Total holding following this notification 13. Total percentage holding of issued class following
this notification




7,250,000
2.5%


14. Any additional information 15. Name of contact and telephone number for queries





Kevin Hayes



Telephone: 01483 728 700




16. Name and signature of authorised company official

responsible for making this notification








Date of notification 23 March 2004

So Herald Investment Trust disposed of 4.5m shares prior to results and we find out about it now (22 days later!!!). They also now hold less than 3% so we wont know if they make further disposals. Not the best of news for the share price. Good to remember the fundamentals haven't changed!