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Stanelco a short to go short for, is it 8p or 9p     

Mr Positively Mad - 08 Oct 2005 14:21

Some say 8p, others 9p, whatever, it is going down some Monday.How do I know?
Well you see everyone who has said it was going up for the last weeks have now doubled in number, if they were wrong before, the multitude must be doubly wrong again.
Think about it.

TheFrenchConnection - 08 Oct 2005 20:58 - 2 of 3

Amities / Which juste goes to illustrate their is methodology and perfect logic in certain madness. Your sentiments are much the same as mine. Shorting has been utterly rife since it was 22p with 9-10p being the very conservative point to close. ln a purist sense,of course, its chart shows no tangible support until the 4p level with 10p acting as a bridge of very slight proportions . lf 10p collapses then this stock is in no mans land . A massive overhang of shares still prevail and this is more than illustrated by the ratio of stock the mms rid themselves with very few sells and yet the s/p still went down . thats a most dire indicator; and one which would suggest the folly of buying .:. This buying was called knife catching not so long ago .. Needs a massive injection of good news reg Greenseal. The rest is quite irrelavent to its s/p at this moment . .,,,Bonne chance / sois sages ,,,@+ J

Fred1new - 09 Oct 2005 17:50 - 3 of 3

TFC. I would get in early tomorrow morning and short a couple of 100 thousand. Looks dead in the Manche to me.
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