anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

Hils - I was gonna guess at 5', but I thought I'd give you a little more stature. LOL

Hilary - are you sure you're not shorting yourself even a tiny bit? :)
SD

DD and MS why do you think we may get hit?

I see sells of just over 550k and buys of just under 200k so far to day all within the price and a tiny rise in that. Not as thought the MM's are sucking in buyers before dumping the price is it?

Hilary - I don't understand the mechanics (or psychology) of shorting. Does posting adverse comment actually make a difference to the wider market - I'm genuinely curious?

SD

It should gain some energy before any decent rise. It should follow DGO, but slightly slower imo

Stockdog,

In practise, bearish comments on bulletin boards probably serve as much purpose as the rest of the bullish inane drivel which is posted about stocks on internet bulletin boards.

Imo, there is too much background noise for the comments to be heard and serve any useful purpose, so you might just as well natter about what you're having for dinner. I also doubt that the captive audience of this particular thread is as large as, say, the Chronic Investor which is media which will actually draw in buyers or flush out sellers. Proof of that comes in the form of Edmundo's comments this week which served to pull in some buyers. There is no doubt that Edmundo writes to a large audience through his articles on Citywire and in the Torygraph.

Unfortunately, I also happen to believe that Edmundo is the UK's third worst share tipster, surpassed only by Ainsoph and Tom Winnidrip. Come to think of it, I wonder if Edmundo is actually Ainsoph in disguise.

Thanks Hilary - I quite like all the noise though, it passes the time sociably enough.

You know I like to hunt a pack (whoops, sorry that's now illegal!)

SD

OK then, tonight I shall be having a chicken vindaloo with mushroom rice, Bombay Aloo and a peshwari naan, the wife will probably have a Korma. Oh, and can't forget a good few bottles of Cobra beer to wash it all down with.

How about the rest of you?

P

Peshwari nan, now you're talking! Personally i would have a lamb tikka to go with that, or maybe a lamb bhuna, but then again, a madrass goes down well!

No such luck here though, pasta tonight, so exciting!

As to the talk of chatter on a bb of either a bullish or bearish nature moving the sp up or down, I don't believe that it does. It may encourage a very small amount of people to either buy or sell, and I do mean a very small amount of people. But these people will not affect the price movement in any direction IMO.

the important thing is that info is shares and bulls**t is kept to a minimum. if you see a note in the mkt or media mention then great, if not...then its a curry and eastenders fest!

i short stocks all the time but they tend to be big caps that trade in beautiful waves on a daily basis. with the small caps you don't always have the spreads or volume to take full advantage.

hils, had the first read of the IC in years last week. what utter drivvel. good for the weeks summation of events buy CRAP from mkt commentary on results and their opinions. i would rather they publish recipie of the week and then i might subscribe!

Hilary is spot on though in that comments on bb's do little or nothing to the share price.

Too few read the comments and make a difference.

That is why as an investor in any share it is important to know what is happening to your Company and what the prospects are rather than ask someone else on a bb who may for devilment gives you the wrong info or lead you into taking a course of action that you would not have taken without that info.

Seen it all before with other bb's and threads, PET is a prime example of Bulls and Bears and I don't necessarily mean the moneyam bb.
Ramp up the price on rumour and deramp once they have sold out after the promise has not been met.

hilary, you are one such person judged solely by your comments today. There have been others of course and we who have been here a while will have seen them.

I dont see a problem with it, so long as people make their own decisions and are not influenced by you.

I do not respect your opinion of this stock, and to be honest, never have.

I am confident that long term all will be well, I agree that it is sometimes wise to buy and sell within any established channel, Sterling has not yet really established a pattern to do this on a regular basis imo, but there may be opportunites to buy up cheap stock, as there was previously at 14p.

MS, as I have always said, buy sell or hold is your decision, and whatever you do will not affect this stock.

It's your money, do as you must.

Thank God for that!

Back to food now.

Sorry, I forgot.

Thank you hilary for being so candid and transparent.

SWW.....what can i say, you are the man! sensible post sir.

Proptrade,

I fail to see what the difference is between trading a small cap long and trading it short. Surely the arguments for both camps look at positions which will likely run to weeks or months just by virtue of the fact that they are small caps and you need a decent run to make it worthwhile. I was short numerous small caps throughout the bear market from 2000 onwards, including a few OFEX stocks (which could easily be shorted, contrary to popular opinion). I do accept that it can be more difficult shorting stocks in a rising market, but that's what stop losses are for.

Seawallwalker,

I did have to chuckle at your comment about never having respected my opinion. As I recall, you were in full support of my suggestion 4 or 5 months ago to "fillyerboots at 15p" because it was "going to a quid by Crimbo".

Incidentally, bulletin boards shouldn't be totally discounted as a medium to influence share prices. I'm not sure what a Google search will reveal because it was a few years ago, but try inputting the names "Jonathan (it might be Jonathon) Lebed" and "Terry Shepherd" into a search engine and see what it returns.

I'd heard of that guy before, he really took it to extremes. I wonder if he has heard of ADVFN....

http://www.nytimes.com/2001/02/25/magazine/25STOCK-TRADER.html?ex=1108875600&en=74f246fe47895a92&ei=5070&pagewanted=all

There a difference between ramping and lies.

As he lied, that is why he had to give it all back plus interest.

It's called Criminal Deception.

Also as a 15 year old he lied to deal, also a decption. H needs to be 18 in this country to deal, I daresay it is the same in the US.

Invalid point.

Sorry much as I have enjoyed our chat, I have things to do now.

I will give you a call when I can resume this.

Have a good day all.

but that was a valid one!

I'm not sure that Lebed did have to give it all back. As I understood it, he is said to have made $800k, of which he reached an out-of-court settlement to pay back $300k and he kept the other $500k.

Also, what crime did he commit exactly? He was investigated but never charged and nobody, including the SEC themselves, seems to be very sure of what offence he is supposed to have actually committed. What is the difference in what he did and what analysts and brokers do every day?

unless he faked an rns then he was just spinning yarns. there must be more to it to justift the fine

PT

Was that your 1mil buy?

MS