Celadon Pharmaceuticals Share Discussion Threads

[boadicea] 30/7/2009 14:00

While I can see the longer term attractions of CEL (which is why I am in it to a considerable extent) I am a little surprised that the share price should choose this particular moment to make a concerted advance.

As I don't think it stems directly from the recent modestly satisfactory/good in the circumstances results (unless some expectations were for a rather worse outcome) the impetus must presumably come from range trading as espoused by GWtF or else there is another party taking a close interest in the company.

We have certainly stayed within the up-channel and the 220p upper side would be a most interesting, if slightly surprising, feature to test.

Can anyone out there spot any smoke signals on the horizon?

[go with the flow] 30/7/2009 13:34

Wow that is a really interesting chart now.
If it can sustain this rise above 200p then we are looking pretty rosy -
in fact I can see 210p ish really easily with 220p quite a credible target!
Which is actually still below the resistance level of the up-channel that has formed since last October.
Flow

[dpeach] 30/7/2009 12:35

Breached the 200p, Gratmore now over million shares, 5+ % so think this time will stick plus 200p.

[dpeach] 30/7/2009 11:16

Flow, you make them sound like a firm chartered accountants ;-)
Fair point

[go with the flow] 30/7/2009 11:04

Peachy - we have to be careful as both Swartz & Burns are no more than sophisticated 'tipsters'. CEL's share price is being manipulated more & more by the short term disciples that follow these guys. It is difficult to know if the price rise is due to underlying long term investing or just another short term blip!
I think a lot of 'range-trading' is going down here.

Otherwise uppola ;o)

Flow

[dpeach] 30/7/2009 09:45

Flow, uppola closed that gap lovely, looking positive to break 200p mark again

[dpeach] 29/7/2009 16:50

naked trader again..

I also bought Celsis again (CEL) live at the seminar, 1,000 at 187.5 simply because I was teaching level 2 and timing and the share looked so good at this price on timing judgements that I teach I had to buy some! Worked out so far as the price has been gently rising ever since.

[dpeach] 28/7/2009 15:27

49000 more buys today (LSE & PLUS) than sells today so far...

[dpeach] 28/7/2009 15:07

Flow yep 200p attack seems to be on, it's interesting as with recent H1 statement had FT and Robbie Burns write up on Cel (pretty positive stuff) and investinggarden / growth article from 22 July 09 (a week ago) as a bit negative (but as we know Cel Q1 & Q2 usually Celsis weakest Quarters) Anyhow seems at present any lose stock is being bought up readily in blocks of 10000. Spoke to my broker who got a quote to sell on 50,000 block of shares offered 191.5p for it that's only 0.03% less than current online bid price, so imho looks like someone accumulating, NAV ??? and in that case why?

[go with the flow] 28/7/2009 13:47

Interesting write up (or is it 'write down'!) by Growth Company thanks investinggarden.
Another attack on 200p under way - I think the outcome will be quite important technically.
In the meantime Uppola Peachy ;o)
Flow

[barack obama] 28/7/2009 13:25

Nice recovery to the recent drop, thank you investinggarden for that link.

[dpeach] 28/7/2009 12:05

investing garden, IMHO someone is soaking up sales at moment..

[investinggarden] 28/7/2009 11:54

Reduce recommendation from Growth Company Investor

[dpeach] 28/7/2009 09:54

uppola flow.........

[go with the flow] 27/7/2009 19:19

What we need is a tortoise with attitude like 'lonesome George' in the Galapagos Islands. ;o)
Flow

[dpeach] 27/7/2009 18:39

verger, agree it is grinding isn't it, though we know celsis is what it is (a tortoise)

[verger] 27/7/2009 16:34

Satisfactory end to the day as we grind our way upwards.

[dpeach] 27/7/2009 12:41

no Verger, I think they were trying to shake out a few cheap shares by bringing down the bid, looks like a few blocks of 10,000 shares going through so hold on..
agree with Boad, Naked Trader (Robbie Burns) the 180 line looks v.strong support

[verger] 27/7/2009 10:42

Oops, was it something I said!

[dpeach] 27/7/2009 09:15

Verger indeed, uppola to that, yep offer 187, bid 188 and the ma north

[verger] 27/7/2009 09:10

Always good to see the gap between bid & offer prices narrowing - usually a sign that mms want a bit of activity upwards.

[go with the flow] 24/7/2009 13:05

Uppa tadola ;o)
Flow

[dpeach] 23/7/2009 15:06

Flow indeed especially as the second(most recent)top is the highest...

[go with the flow] 23/7/2009 11:10

Peachy - uppola indeed.
Agree with Boad that a baseline has been established after the Swartz swat.
Technically a short term 'double-top' creates an interesting scenario.
Let's just see.
Flow

[dpeach] 23/7/2009 07:57

cheers boad, would say the 100,000 a buy. encouraging indeed. Uppola