Axon Share Discussion Threads

[blockbuy] 04/12/2007 13:02

5 mms are now sat on 530.............down 5.5% when the markets are only down 1-2.................madness..............

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[blockbuy] 04/12/2007 11:46

ok, this is something I picked up ages ago from another thread.........not sure if it's all true or not, but something to pass the moments buy........and maybe some insight into what the computer programs may have...........

"A retracement would normally match the technical levels on Fibonnaci or Gann. These are 8%, 16% 25% 32% 38% 50% 66% 75% of the high"

not sure if by high they mean closing high or interim high (950 or 925 ish) and I'm not sure if it's based on the previous low, ie mid 2006......300 ish...............if so then the share price is at or around the 66% one......

if the assumptions are the correct way to work it out then as an example, say it's 950, then 950-300=650, so for the 8% one it's 950 minus 8% of 650 = 900...........

8%---900
16%--850
25%--788
32%--742
50%--625
66%--521
75%--463

it could all be incorrectly worked so dont use this as advice...........plus I think I'm confusing myself here.......maybe someone with a better understanding could speak up, maybe even rework the numbers..............

also...........don't we now have a nice big cup and handle formation starting from Jan 01????????????? not a charting expert, but from experience, shapes do tend to make people react one way or the other...............

but the main thing is the company has put out a trading statement that shows they've beat 2007 numbers, happy for the growth projections of 2008, yet the share price is now at interims 2006 level............now how wierd is that!!!!!!!!!!!

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[ringer12] 04/12/2007 11:42

Well surely there is bound to be a price level where you would be stark staring bonkers to sell! Interesting hypothetical poser...if the price was to reach a point where nobody was selling but on the other hand nobody was buying would the MM,s put the price up or down? After all they have got to make you do one or the other to make their money.

[p0lanski] 04/12/2007 11:40

i blame the zionist crooks in the city...get rid of these and you'll be ok

[johnv] 04/12/2007 11:24

another company HSP has dropped 30% and just put out a good trading statement today

[johnv] 04/12/2007 11:21

just got back from tesco.. spoke too soon.

[sirhokko] 04/12/2007 11:13

I'm losing track of the number of great growth companies that have lost about 40% of their value in the last couple of months. In all honesty for no real reason. Trading updates and outlooks are as impressive as ever. Heck, most companies would not drop that far even when they issue a profit warning! It's all getting a little bit silly. Some people are going to make a lot of money when sense returns.

[ringer12] 04/12/2007 11:10

What I can never quite understand is...If the MM,s keep dropping the price do more people sell...or do they buy? The MM,s are obviously making money either way. At this rate the price will be around zero by Xmas and at that price they should be worth picking for the dividend!

[blockbuy] 04/12/2007 10:51

right then, 5mms camped on 540....................are they looking to stop the squeeze???????????

[blockbuy] 04/12/2007 10:36

crazy crazy pe's those fieldhouse for a growth company...............

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[fieldhouse] 04/12/2007 10:36

Agree ringer12

[ringer12] 04/12/2007 10:23

Now down over 40% from peak in just three months. I notice some shares actually go up when downgraded...perhaps we need a downgrade! ....It looks as if the herd are baling out of smaller companies irrespective of their prospects and buying into big companies....irrespective of their prospects... because some of the wise pundits have said this is the thing to do. What about the well proven strategy..buy when everybody else is selling and sell when everybody else is buying!.

[fieldhouse] 04/12/2007 10:08

Capita this years pe 27,next year 24.
Axon this years pe 14.9, next year 12.87.

!!!!! crazy world.!!

[mrminister] 04/12/2007 09:28

been screwed enough john..... so cheap now its got flashing lights on it

[blockbuy] 04/12/2007 09:27

morning all...........trains running silly today............well despite the FTSE being down 60+ my screen shows a mixture of red blue and green..............so not sure who's clobbering the markets today.............

looks like they're happy to still be working out the deal(s) in the 60's..........soon enough we'll get rns to show who's been doing what I presume.............afterall some volume has been traded these last weeks since Hunter sold 2m to the the institutions.............

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[johnv] 04/12/2007 09:25

what is interesting, is that the markets are down, yet this hasnt moved, can only conclude that due to this and the shape of the chart that the markets have decided that they cant pushed this down any further.

[adyjudge] 04/12/2007 07:35

mrminister

-came through on my sharescope pro software,
has source as:

[ringer12] 03/12/2007 17:52

Apparently Warren Buffet (who's he) was supposed to have said he never bought at the bottom and never sold at the top...meaning presumably that it's very difficult to know when this is. The secret therefore is simply to invest when the price represents good value and not try to be too clever about whether it's reached the very bottom. OF course this is easier said than done! Patience is the watchword!.

[mrminister] 03/12/2007 16:44

ady ... where did you here the sap noise....

your so right joe.....

[joestalin] 03/12/2007 16:39

No Mr M. A chartist would claim he saw it all coming.

[p0lanski] 03/12/2007 16:38

585p buy at the end

[blockbuy] 03/12/2007 16:35

surley these guys by now are board of just swapping stock with each other in their pretence of calling it a market............can computers get board??????????


lol..................


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[adyjudge] 03/12/2007 16:32

hi all,

AXO a super company, being dragged down by lack of confidence in the markets,
its still firmly in a downward trend so although i am looking to re-enter
not a good time yet.

ps. news of possible bid for SAP (has been suggested by microsoft) wonder if this will have a possible postive effect on AXO & get it kick started again ?

bit of a shot in the dark but sometimes a major bid in a sector can kick off all sorts buying frenzies + more bids

[mrminister] 03/12/2007 15:59

just a level out would be nice and consolidate.... have got a fair war chest ready to buy but calling the bottom on this is impossible...even a chartist would pull his hair out

the wise guys will buy at these levels to see a big profit come mid 08 imo... remember buy the lows and sell the highs....

[ringer12] 03/12/2007 15:50

Reckon we might see a plus sign before the week end! Manipulaion,manipulation and more manipulation.The so-called Buy/Sell volumes are meaningless.If they they were anywhere near accurate there is no way the price should go down.