cynic
- 20 Sep 2006 16:11
why on earth has this exciting pharma company been ignored her for the last 3.5 years? ...... lots has happened in that time, generally for the better on the longer view ..... from a purely chart point of view, the 200 mda is rising quite steadily, with sp recovering well after a sharp fall, and now, after a brief tease below, is therefore probably worth buying on that basis alone.
From memory, Shares mag was also quite excited about this stock a week or two back, even though that medium has supported some classic stinkers in its time
Strawbs
- 23 Jul 2009 08:36
- 49 of 99
It appears to have rallied 11% a few weeks before results last year, on volume of about 6M, but maybe that's just a coincidence.....
Strawbs.
cynic
- 23 Jul 2009 08:44
- 50 of 99
is that 6m over several weeks, or just in a day?
confess that am perhaps a bit too attached to this company, for i always feel sp should be performing much better than it does ..... one day it will be taken over, but maybe after i am dead!
Strawbs
- 23 Jul 2009 08:51
- 51 of 99
Two days of around 6M back to back, if I'm reading the charts correctly. It rallied significantly more after the results of course, so plenty of upside potential if they match or exceed expectations. Not that anything can be taken as read in these markets though....
In my opinion...
Strawbs.
Strawbs
- 23 Jul 2009 08:56
- 52 of 99
Last year.....
Strawbs.
cynic
- 23 Jul 2009 08:57
- 53 of 99
looking back at the charts on page 1, i would very much like to see 200 dma firmly breached (about 880), for then there may be some sustained sp excitement
Strawbs
- 23 Jul 2009 09:03
- 54 of 99
If they rally by as much as last year then it has to be a distinct possibility. I'll keep watching and may take the plunge if I can see a good entry point before results are out. If not I'll wait until after the results and then reappraise...
Still not convinced by the wider markets direction, but probably about time I stopped being lazy and looked for some good (semi defensive) plays....
Strawbs.
cynic
- 23 Jul 2009 09:25
- 55 of 99
you have been saying the same since the bottom of the market 2(?) months ago, and no doubt you'll say the same as and when the market goes up another 1000 points or whatever.
markets by their nature are volatile, sometimes more so than others.
if you want to be safe, put your money in a building society
Strawbs
- 23 Jul 2009 09:51
- 56 of 99
I still don't believe we're at the bottom yet, so I guess you'll have to put up with my opinion for another 1000 points (up or down)...... ;-)
Strawbs.
cynic
- 23 Jul 2009 09:54
- 57 of 99
in that case, put money with mouth and go short
Strawbs
- 23 Jul 2009 10:00
- 58 of 99
I don't have any mechanisms to do so. My investmenting has always been on the long side. Having explored SBs and CFDs I decided against them. I suppose that influences my decisions somewhat in respect of the markets.
Strawbs.
cynic
- 23 Jul 2009 10:03
- 59 of 99
of course you do ..... you can take out a bog standard traded option through your broker ..... now what excuse?
Strawbs
- 23 Jul 2009 10:06
- 60 of 99
Sorry. Don't know what that is, but will look into it now you've mentioned it and see if it's appropriate.
Strawbs.
cynic
- 23 Jul 2009 10:11
- 61 of 99
of course you know what a traded option is - you're a sophisticated investor judging by your posts ..... scarcely some new-fangled derivative .... they've been around for the last 20/30 years and were always the way to hedge positions before the advent of CFDs and similar
Strawbs
- 23 Jul 2009 10:15
- 62 of 99
Hmmm. Didn't think I was that sophisticated. Sorry to dissappoint you. I've only ever bought and sold equities, and the odd ETF. Are they the same as warrants? If not, then no I definetly haven't heard of them.
Strawbs.
Strawbs
- 23 Jul 2009 10:19
- 63 of 99
Also, can they be used in a stocks and shares ISA?
If not then probably not appropriate.
Strawbs.
cynic
- 23 Jul 2009 10:43
- 64 of 99
have no idea what rules govern ISAs, but traded options can certainly be used for shares and, i think, indices and probably commodities too
Strawbs
- 23 Jul 2009 10:47
- 65 of 99
OK. Thanks. I'll take a look.
Strawbs.
cynic
- 23 Jul 2009 16:46
- 66 of 99
well strawbs, by the time you decide to go short, the market may actually have topped, even if only briefly ...... sod's law of course is that whatever action you take, should you ever do so (why should i think that?), the timing will be all wrong anyway!
Strawbs
- 23 Jul 2009 22:09
- 67 of 99
Yeah. Although I've missed out on a good part of the recent rally, I'm sure I would've been short and lost a packet at some point if able to, so money saved if not money made. That's why I never went SB's or CFD's. If you go long you can only lose your money, if you go short you can lose everything (given that upside is theoretically infinite, and downside only as far as 0). The further up things go of course, the less inclined I am to go long, because I still think we'll be coming back down again. I'll stick to my plan for now, although it may continue to annoy you.... ;-)
The plan (if you haven't seen it elsewhere), is to wait for the aftermath of the October crash.... By Christmas I expect to be buying, either late in the current rally, or after the latest collapse (if I'm right).
In my opinion..... :-)
Strawbs.