Proselenes
- 03 Jan 2009 02:33
- 953 of 955
halifax, this was a very nice share for anyone buying from 40p to 90p, or that later big rise as well.
Nobody tells you to buy or sell, thats your own choice, I even made money at the end on this (after making some going long) shorting it from 27p to 17p.
As it stands now, if the banks are willing to lend them money, and it seems they are, and they can buy 1$ of debt debenture for 0.5$ cash.......then they will turn a profit, and a profitable company with access to bank cash, well, they will rerate upwards.
No position myself, but watching how it pans out.
cynic
- 03 Jan 2009 11:38
- 954 of 955
BATM is almost certainly a better bet in this sector
Proselenes
- 07 May 2009 09:30
- 955 of 955
This one has not moved. Results should be some time this month.
Notice a 250K bid on the order book at 4.6p today and a 50K AT buy at 5.1p.
Wonder if this old woofer might have a bit of a run up, certainly has not moved from this level for some time.