Axon Share Discussion Threads

[joestalin] 12/11/2007 11:41

At which point it promptly descends to 806.

There ought to be buying at this price, but who is selling?

[blockbuy] 12/11/2007 11:35

oh yeah..........2% down on 28k.......lol...........no doubt the mms/brokers are taking advantage of the lack of volume........placing an order then sm????????????

nice...............

well done Joe..........been a nervy ride there I bet.........yes, a very decent range for Axon..........in now could get you what 8-10%..............

nice..............

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[joestalin] 12/11/2007 11:24

I am now at par on Barclays. It is all profit from here upwards.

AXO seems to be trading in a range now - and it seems to be at the bottom of that range.

[shareman2] 12/11/2007 11:18

Ah
Very low volume drop
My favourite opportunity

[blockbuy] 12/11/2007 10:38

markets doing really well today............fingers crossed the US joins us..............Axon boucing off the bottom bolly band then..............

nice..............

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[blockbuy] 12/11/2007 08:59

morning all..............well a horrible week last week, but it looks all behind us now................a much better start today...............plenty of blue and even the dollar strengthening which may mean people not buying so much oil and therefore a little drop.............some gain in the dollar though........2.115 or thereabouts Friday daytime..........now 2.0790..........

I remember 2.06 being some resistance so may become support..............in the meantime BARC recovering well, quelling rumours............and Axon holding firm yet again at these levels with plenty of buy orders placed on the book...........very encouraging................

will now the markets finally start their end of year run???????????????

nice..................

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[adyjudge] 09/11/2007 16:40

a market pullback ready for the pre-end of year rally i reckon

getting lots of longs set up ready! AXO at ground level at the moment
so any tight spreads on AXO come mon/tues be a
good time to pick some more up!

have a super weekend all

[blockbuy] 09/11/2007 16:26

well another crazy crazy day stateside..................and euroland too..........you got the UK down 1.5% odd, the French 2.4% odd, and the Germans flat...............the NAS down 2.2% but the DOW gaining 80 points in minutes.............

dare I say there's serious interest here at 820?????????????????


nice..............

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[blockbuy] 09/11/2007 14:38

I'm tempted on BARC Joe.............(against my own judgement at the mo)..........could be the yanks are narked cos it's pretty much their banks getting clobbered and the good olde UK played it sensible and has comeout pretty much unharmed directly..................

Barclays Slides as Much as 9.1% on Writedown Concern (Update1)

By Alexis Xydias

Nov. 9 (Bloomberg) -- Shares in Barclays Plc fell as much as 9.1 percent in London on concern Britain's third-biggest lender may announce a writedown of as much as 10 billion pounds ($21 billion) on its assets, traders said. The bank denied the speculation.

The shares dropped 31.5 pence, or 6.5 percent, to 454.75 as of 12:53 p.m. in London after earlier sliding as much as 44.25 pence. Credit-default swaps, used to protect debt from default or speculate on credit quality, rose 7 basis points to 65 basis points, according to Deutsche Bank AG. Credit-default swaps rise as perceptions of creditworthiness worsen.

``There is some talk doing the rounds that Barclays have suffered big losses in the credit market crisis,'' said Martin Slaney, head of spread betting at GFT Global Markets in London. ``If that were true we could expect at least 15 percent of Barclays' value to be wiped off.''

The shares were temporarily placed into a so-called volatility auction after the drop. Stocks may be placed into such an auction following sudden moves to stabilize the price by matching bids and orders in an orderly fashion.

``There is absolutely no substance in these rumors,'' spokesman Alistair Smith said. He also said Chief Executive Officer John Varley did not plan to step down.

Barclays and Royal Bank of Scotland Group Plc may write down 2.1 billion pounds ($4.4 billion) in the second half due to the collapse of credit-related securities, Sanford C. Bernstein & Co. analysts wrote in a report Nov. 7. Writedowns may total 1.6 billion pounds at Barclays and 500 million pounds at Royal Bank in a ``realistic'' scenario, they wrote.

Barclays is scheduled to provide a trading update Nov. 27.



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[joestalin] 09/11/2007 14:09

The Americans treat their own poor people very badly. Have you seen Michael Moore's latest film, Sicko? I guess it encourages people not to be poor, unlike our own dear government who would probably go to the opposite extreme.

I topped up on Barclays today. It has become one of my major holdings in the last week or so. They insist there is nothing wrong with their books and the need for bad debt provision is wildly exaggerated. Do I believe Barclays or the Market Makers who stand to gain from an upward correction. In fact if Barclays are buying back shares, they stand to gain also. Roll on 27th.

The MMs have also dropped AXO share price to a point where they might shake some loose, but the volume suggests that this may be a half hearted attempt at it.

[blockbuy] 09/11/2007 11:51

snap ont he time there with you this time fieldhouse...........any prizes for a hattick?????????????lol..........but yes........15% is very modest (and no doubt will get revised at somepoint) compared to the 70-80% in recent years so no worries on that front.............

I shouldn't, but Barlays looks cheap now imo................based on they recon £2.1bn write down between barc and royal bank, but combined they've lost what £26bn in sp???????? and that's before today!!!!!!!!!!!!

I'll keep watching...........


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[blockbuy] 09/11/2007 11:34

banks again spoiling the day...................RBS and BARC taking one hell of a hit.............anyone know why??????????

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[fieldhouse] 09/11/2007 11:34

Bb -turbulent times,Cisco forcasts for next year has spooked the tec market!!
However i think Axon should be able to live upto their broker forcasts of a
very modest growth of 15%.Will be looking forward to the next company statement

Regards to all

[blockbuy] 09/11/2007 08:58

morning all...........well a much more stable start to the day...........plenty of stocks showing gains too.............

a nice quiet one would be appreciated I'm sure...........lol.............

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[blockbuy] 08/11/2007 21:20

lol, no one on bloomberg who's talking on the floor can find anyone that can make sense of the US trading this evening.........the best they can come up with is computer programs...very crazy day.......lol..............

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[blockbuy] 08/11/2007 16:28

crazy crazy day....................

[mrminister] 08/11/2007 15:47

yes its crazy.... going up and down in 30's

$3 a gallon in the states, they don't know how good it gets.....

[blockbuy] 08/11/2007 15:25

blink and it's down again..........just blinked twice......down, up now down........sod this for soldiers, they're playing games......well the computer driven systems are anyhow...............going to grab a coffee.............

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[blockbuy] 08/11/2007 15:24

nice one mr...............and the US is positive again...............lol..............

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[mrminister] 08/11/2007 15:21

went long £50pp on cy last week @ $37.00 now $41.60 and rising, solar and wafer stuff white hot at mo...

now bernankyies on ... the wheel will drop off the wagon later....

[blockbuy] 08/11/2007 15:09

snap on the time with you too mr..................

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[blockbuy] 08/11/2007 15:08

now what??????????? the US just can't make it's mind up..............up 50, down 40, flat, down 90, bounce off 13,200........(good call that sm......)...............

all over the place........lol.................

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