Artilium Share Discussion Threads

[shanksaj] 22/11/2007 12:03

Mid price now 174p.

Started on stock exchange in Jan 07 at about 20p.
High point in June 07 - 300p. (Up 15 times in less than 6 months!)
Low point in Aug 07 - 100p
High point in Oct 07 - 360p
Now 174p and going down again.

Mind you, you know what they say... the market is always right!!

The Grand old Duke of York,
He had 10,000 men,
He marched up to the top of a hill,
And he marched them down again.

And when they were up, they were up,
And when they were down, they were down,
But when they were only half way up,
They were neither up nor down.

[ellemaitch] 22/11/2007 11:19

was short at 3.50 ! went on holdiay so put a limit buy in at 2.25 just in case i missed a sharp drop ! damn , but then again , nice profit of £1.25 pp

[bubble pricker] 22/11/2007 10:15

Some loser picked up 7000 shares at 3.20 this morning (if this data is right)

09:19:58 207.00 1,000
09:19:54 209.00 1,000
08:53:28 320.00 7,000
08:47:33 200.00 1,000
08:47:15 195.00 1,000
08:47:06 200.00 1,000

[goldstar] 22/11/2007 09:19

hmmm, short term destination 80p.

[shanksaj] 22/11/2007 08:51

Down 24p this morning, then dives up to -6 on the day so far. I expect the rise from -24 to -6 is because of some shorters have closed a few.... and who can blame them?

I'm a very amateur chart follower, but it looks like there should be some resistance around 200p.

[techmark] 22/11/2007 08:11

I refer readers to my post a couple of weeks ago when the shares were above 300p

techmark - 8 Nov'07 - 15:16 - 145 of 168 edit

60p target. Revenues just £4.5 million, no profits, and only small amount of cash on the balance sheet. Market cap £166 million. Crazy valuation.

[aerotus] 21/11/2007 22:42

Good call blackbear!

[m.t.glass] 21/11/2007 22:40

Cantor (cantorindex.co.uk) are tonight showing their December price at 301.5 - 303.4p which is clearly an error. Be really nice if they keep it there for downbets in the morning ;o)

Chances of that happening? About nil probably :o/

[blackbear] 21/11/2007 21:37

Will be interesting to see if the plunge continues tomorrow, once 200p breaks the chartist will be very keen.

[bubble pricker] 21/11/2007 19:30

Short from 350, looking good

[shanksaj] 21/11/2007 16:46

Wow. £5k on a short in a day, with more, much more, to come. Didn't get a chance to add to the short, but still, never mind.

I can only guess that chart-addicts were buying this because they saw it going up, and the same people can't get rid of it quickly enough because now they see it going down. In addition, a lot of these guys are in the USA and didn't want to hold it over Thanksgiving (Thursday 22 Nov) cos it might tumble further in London on Thursday, and they can't sell up because the USA markets are closed.

It should be an interesting day tomorrow. Perhaps I'll get that chance to add to the short tomorrow.

[shanksaj] 21/11/2007 10:27

Hopefully this will recover a bit today and I can add to my short.

At the moment its in free fall, down to 255.

[theoriginalface] 21/11/2007 10:02

i'll be first aboard the good ship (short) ARTA then - short at £2.80

happy hunting.

[blackbear] 20/11/2007 22:34

Notes -
This thread was created on Nov 07 when the share price was 338p and updated on the 19th of Feb at 49.5p a
Many ARTA traders are now turning bullish in the short term for various reasons.

[blackbear] 20/11/2007 15:45

Stock is in auction... I agree one Crazy valuation here.

[abadan2] 20/11/2007 14:37

Don't think the cash is running out. They have just got in an additional £2.5m through the exercise of options.

[techmark] 20/11/2007 11:28

Only a matter of time before gravity takes over. The valuation is absurd, the cash is running out, the credit markets are shut.

[macansy77] 20/11/2007 10:59

finally moving in the right direction...

[bonkers2] 17/11/2007 07:45

Hmmm, holding above 300p in this dire market, most puzzling. Bacon butty anyone?

[bubble pricker] 14/11/2007 00:34

Getting rid of their arranger warrants or however they got their free shares before this was listed.

[techmark] 12/11/2007 14:46

Credit Agricole below 3% stake now!

[dan10] 12/11/2007 10:49

From FT re: last week:

The most significant losses were in the tech sector. The Nasdaq Composite was 5.8 per cent lower on the week at 2,627.94. Large-cap tech stocks, previously considered safe havens by investors, fell even more. The Nasdaq 100 shed 6.8 per cent to 2,034.30, its worst weekly sell-off since April 2002.

"The breadth of this year's rally in tech has been narrow, only 25 per cent of tech companies have outperformed the index," said Jack Ablin, chief investment strategist at Harris Private Bank. "If the economy really slows down and inflation picks up, this is a group of sitting ducks."

The slide in tech stocks was sparked by Cisco Systems, whose chief executive said "dramatic year-on-year decreases in orders" from big banks could slow growth. Its stock fell 12.1 per cent at $28.58 on the week.

Investors view Cisco as a bellwether for the technology sector and the comments sparked a big sell-off. The S&P 500 closed down 1.7 per cent Friday at 1,453.70, its lowest in two months and 3 per cent lower for the week. The Dow Jones Industrial Average was down 3.4 per cent on the week at 13,042.74 points.


My opinion on markets generally:

Some good value stocks are beginning to appear, but too early to assume market correction is over. So time to short 'sitting ducks' until more definite signs of capitulation. Could be wrong, but trends often slower moving than you expect- correction took a while to start, and will probably take longer to finish

[bubble pricker] 11/11/2007 23:09

retford1, I can assure you, I am not getting "twitchy".

[dan10] 09/11/2007 15:22

Is this resistance or range support? Methinks resistance

[retford1] 09/11/2007 10:48

Over 300p, large buys yesterday - shorters getting twitchy!