(Anyone lucky enough to buy my 2003 share of the year enjoyed a roller-coaster. At one time Holllis Eden on Nasdaq reached 5 bagger status before falling back. i recommended selling at 2.25 bagger time but hey not bad!)
I don't expect this year's one to be quite so dramatic but here's hoping! I think it could easily be a bagger+ though!
Gladstone is a relatively little known software stock with solutions for internet and broadband that appears to be ahead of its competition. The market cap is 5.8 million but the total assets are 8 million. Anyone sneaking out results in Xmas week might well cause suspicion but GLD's were really good. It has turned a 1 million+ loss into a small profit and there is a lot more to come as the company has now a strong customer base. It looks like they are on the acquisition trail as a close reading of recent statements shows a Director taking a more active role in the search but they could easily become a target themselves. They have cut costs too and a very confident board paint a rosy but not rose-tinted picture of the outlook. A reorgnisation of the share capital will reduce the shareholder base from 8000 to nearer 2000. A sensible move as some paid several pounds a share in the dotcom days and they are now to be offered a return wothout costs on their investment.
At 12.75p they are in a narrow trading range which has lasted most of 2003 but when or if they breakout a substantial upside move is on the cards.
Undervalued. Buy.

Buy gladstone now before the breakout to 27 begins.

I received an email circular this morning from UK-analyst I think which was Zak Mirs purporting that there are only 7 stocks which currently have golden crosses.

My only interest in this is that Gladstone was one of them, though he chose not to write it up. If anyone has any more info or insight on this could they please post on here.

In March last year, in this thread, I forecast a 31p target in 12-18 months. That is almost achieved but with one of the nicest charts around, more to come. Keep buying imho.

I'm still in here - I like what I see! ;-)))
This is fast becoming an International company and they have a good product.

Anyone know why this is dropping? When are next results due?
Still in healthy profit, deciding whether to take it or top-up?

Someone dropping batches of 25k (5 so far), I sold yesterday because the chart, though still intact, was showing clear signs of pausing. Expect to get back in slightly cheaper, but my view on the stock is unchanged. Very good buy, at this level or cheaper, once the seller is gone.

They look a good buy here - not likely to breach recent placing price. imo