Biofocus Share Discussion Threads

[cyberpost] 29/11/2007 15:05

aquilla

take a look at the GPX board, an insider posted some spot on info not just once but a couple of times over that past 12 months. He posted it weeks before the market officially knew.

Share price went from 65p to 150p. I profitted from that as well. There are some very clued up people posting on these boards, its just that one has to detect those that are genuine and those that arent.

For what its worth, I belive BP.

[aquilla] 29/11/2007 14:50

Cyberpost,
by "boosted" the share price, I don't mean deliberately so, but the fact that they are buying would, in the normal course of events, especially in such a thinly traded share, have lifted the share price Instead the opposite has happened. By "insiders" I am referring to anyone with this supposed insider information. It seems highly unlikely, though I could be quite wrong, that only one person would have gotten to know this info. He claims to have bought 400,000 shares on the back of it, so just imagine if a few others were buying as well. But there has been no evidence of large scale buying and in fact as we have seen the share price has gone down! And do you really think an "insider" would come and publicize the fact on these boards??

[cyberpost] 29/11/2007 14:38

Aquilla

some years back Misys made an approach for another listed outfit called DBS Management. DBS announced that an approach had been made and any offer would be significantly above the then current share price (around 55p). The share raced to 90p. But over the weeks it dropped to around 65p. I got info (from a mate who worked at DBS) that an offer would be made at 150p. So I bought £30k's worth. It took another 4 weeks before that news was officially announced. In that time the share dropped as loow as 55p. It then rose to around 65p. And wham the RNS came and the share doubled on the day. SO in effect the market hadnt got any whiff of the news i had got (and I am sure many others got).

I am sure there are many other examples, but the above is a personal one that I benefitted from. And remember that was FTSE 250 company, so any rumours would be more widespread. This is a very tiny company which the market can completely forget as I dont think its on any fund managers radar. Like so many, its a forgotten mini cap.

[cyberpost] 29/11/2007 14:30

acquilla, can i ask what you mean by 'boosted' the share price ? why would they want to do that. and what 'insiders' are you talking about ?

[aquilla] 29/11/2007 14:15

That is one very large holding, Blackperl, in fact nearly 1% of the company. You haven't, however, answered the point I made.

[aquilla] 29/11/2007 13:36

Thanks for that clarification, cyberpost.

[cyberpost] 29/11/2007 13:35

they have to offer the highest price they paid in the past 12 months.

[keepitup] 29/11/2007 13:29

Time will tell i guess, BlackPerl can i email you, or you email i?

[aquilla] 29/11/2007 13:29

gjcorr, my own doubts, precisely ( if you look at my earlier post). Another point I would add, is that if the impending news has been so leaky I would have expected others to be in on the know and the share price to have reacted accordingly, though I am aware that sp's can be manipulated. Precisely the opposite has happened here and those "insiders" in the know don't seem to have come in and boosted the price even at these lower levels . It just doesn't add up.
One more point perhaps somebody could clarify. Is NAV still obliged to offer at least 30p now that 6 months have passed? Indeed could this have been the reason for them waiting for so long??

[gjcorr] 29/11/2007 12:35

BlackPerl


Something doesn't make sense to me.

This share has been drifting down for a while. If you really KNEW or were even confident of a buyout at 30p, you would let it drift down and top up. I can't believe you are so altruistic that you spread your news, knowing it may keep the share price up and deny you a chance yo buy at lower prices.

Some possibilities come to mind..

1)You are ramping, and shorting this on price increases because you know the buyout is not going ahead and ultimately expect a share price crash.
2) You know there is a buyout but share price drops, will lower the offer price, hence
you are trying to talk up the price
3) You don't know anything about the buyout, but you are seroiusly long in this stock and depressed at seeing your holding shrink in value, so you ramp

[keepitup] 29/11/2007 09:51

Barclays probably still dumping. Might get a top up at 11p!

[aquilla] 28/11/2007 17:53

Imout, if I get silly online spreads I pick up the phone and get on to my broker. I find it usually works!

[keepitup] 28/11/2007 14:40

RNS explains the drop yesterday. Barclays dumped 127k.

[keepitup] 28/11/2007 14:36

Nice one BP, surprised the price hasnt risen with your buying. Needs a little more pressure i think. BP when can we expect an update?

[tinker tailor] 28/11/2007 14:34

News BSP No stock

[vlain] 28/11/2007 14:33

marbles

when it does move, it moves big, like last week ;-)

[marbles1234] 28/11/2007 14:29

and still the price does not move ?

[imout] 28/11/2007 14:29

Thanks for clarifying that BP (replying to your 14.20pm item), as reports your buy as a sell, like my buy.

Another 70k "sell" showing too now, at the same price as your buy