||'A' COM STK $0.01 (REG S)
||EPS - Basic
||Market Cap (m)
Real-Time news about Eurotelecom 'a' (London Stock Exchange): 0 recent articles
|calvin: hookie wrote :-
"this share is strange. It goes down on hardly any volume at all. The announcement, which wasn't really that bad, halved the share price. Again there was no volume at all, maybe 35,000 sells."
Fraid that 13500 of that volume was an unfortunate buy approx. 30 minutes before the announcement (worst timed trade of my life!!!).
I have a theory that Phil Derry was banking on the deal for ICOM re purchase of Intellect Networks to go through before the year end and therefore inflate profits.
He left abruptly last week for an unscheduled meeting in the States and then the announcement was made on Tuesday re: Eurotelecom not going to make a profit by April 2001.
the only thing that I fear, is are we being taken for a ride?
I certainly hope not, but then there have been many with burnt fingers this year (Monticello etc. - I am not saying that this is another Monti, but I will be interested to see what our money is being spent on).|
|hookie: this share is strange. It goes down on hardly any volume at all. The announcement, which wasn't really that bad, halved the share price. Again there was no volume at all, maybe 35,000 sells. For a share price to halve you would expect a massive sell off. What happens today? We see a little rebound of the lows (15p bid yesterday) to 25p bid today.
EUTC (nasdaq version of the share) has rallied over 35% to almost 60c a share, so what does this lead me to believe........another drop tomorrow!!!! I'm sure hoping that we have seen the bottom with this share.
|mero: I bought in last Thursday, largely on the strength of a rave review on citywire.co.uk Here's the link:
The share price is at an all time low, although buying started late Friday afternoon. I'm expecting a big movement north on Monday to offset some of my recent losses.|
Eurotelecom 'a' share price data is direct from the London Stock Exchange