Axon Share Discussion Threads

[adyjudge] 12/12/2007 09:22

good points, well if AXO can at least stay around this level through this new wave of market turmoil then could be a good sign

[mrminister] 12/12/2007 09:18

don't know why...[city index] the dow & s&p ect was tradable but everything else blocked....i.g was fine all night.....will be on the phone later to find out why.....

[blockbuy] 12/12/2007 09:05

morning all............brisk chilly crisp day today.............looks like the fed caught some people out yesterday............have you heard the clip from CNBC their playing on the news after the annoucement last night?????

some chap is going absolutly baslistic..............I reckon he got caught out.............just goes to show the markets don't always predict things right..........


not saying anything sc............just asking if they are doing anything.........hence the ?.............still think it's a seller not sure who though.............the buyer and seller find a level each day and trade there...........retail just get caught up............pain in the wotists...........

ady, the phrase they use is 'better to have travelled than to have arrived........', and mr............that's a bummer mate.............any idea why citi suspended trading???? Is that the same citi that put 590 on here???? bunch of clowns in more way than one now imo.............

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[mrminister] 12/12/2007 09:05

yes fair comment ady... i will be more carefull next time round, only known u.s stocks rise once this year on a rate change.....every other they have dived......well the old mule axon ain't taking a beating yet...

[adyjudge] 12/12/2007 08:55

reckon traders/news pretty much decide on the cut decision & how much it will be, then traders take positions etc which factors the cut into the market about 2/3 days before, then when actuall does happen traders exit

if i were a CEO & had some nasty news that had to be issued to the market i would wait untill rate cut day in the feeble atempt of the impact being reduced!

this is the 3rd time its gone like this, am loving it as lots of shorts running mainly from yesterday !

[adyjudge] 12/12/2007 08:21

could do anything like any other stock, market very volatile at the moment

without a real sreong signal (support/level2/strong trend backed by news etc)
any postion is a pure gamble relying on pot luck at the moment imo

Axo not strong at the moment could stay blue for half a day then drop 6%
who knows?

[davidwilkin] 11/12/2007 20:38

Could fall another £1 yet, some profitable tech companies are trading on around 9 times next years forecast earnings which would equate to £3.96.
Anyone thinking we are near the bottom is fooling themselves.

[spacecake] 11/12/2007 17:29

< 1% on loan

[p0lanski] 11/12/2007 17:01

isn't that illegal?

[spacecake] 11/12/2007 16:59

bb, are you suggesting they loaned out the stock ?

[blockbuy] 11/12/2007 16:48

what I think is irrelevant with the way this is being played at the mo..........it's defying all logic imo...........interesting to see the bounce there at 510............even an mm or 2 moved up...............

it's not been the same since entering the 250 and volume has gone up since Hunter passed on 2m to the institutions............are they using that stock somehow here to their own ends...........?????

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[ringer12] 11/12/2007 16:45

It would be nice if Axon was going up and down as well instead of just down!

[p0lanski] 11/12/2007 16:41

blockbuy...do you think it will go below 500p?

[blockbuy] 11/12/2007 15:23

I've been getting in and out of AU. like you wouldn't believe mike.............it's a cracker as it goes up and down.............there's a few others here on it too...........caefull with it though, it swings quickly.............

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

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[mikeprior] 11/12/2007 15:11

Hi Blockbuy, Autonomy (AU.) and Aveva (AVV) also have some similarity to AXO so let's hope they all mirror the forecasted future for the 250

[mrminister] 11/12/2007 12:07

seems to be at last decembers price exactly which taking a broad view on things its not a disaster [yet]

looking at the chart above it found support at around £5 and i think it will be significant if it stays above or below this...

am still topping up slowly on any large dips every week as and when.....

[adyjudge] 11/12/2007 10:40

morning all,

frustrating is'nt it, I've been out of AXO for a while now, as I have bought & held great stocks like AXO in the past I have also traded short term, right now buy & hold is for the very brave & very experienced, there is only a few sectors performing well at the moment they are the ones underpining the UK market at the moment!

Right now the market seems to be doing exactly what it was doing 1999/00,
if thats the case then we're in for a bumpy ride over the next 12 months or so, previously (during the start of the previous bear market) many good companies were being dragged down to what we would call (by todays standards) "super value levels", during the decline in their share price many of them continued to issue upbeat statements & continued to be very good strong companies ...but the monies just simply was'nt there in the market.

These are just my thoughts etc, could be a whole new situation in a couple of months, just seems to be nothing but fairly major bad news out there at the moment, any other views opinions welcome

This is only a "maybe" etc, but I am conducting my gameplan as if we are heading for the same fate i.e shorting & trading within much shorter timeframes etc

historicly bear markets in comparison are fairly short but they do tend to come around every now & again i am just doing my best to be ready.

(p.s not shorting AXO, it still remains a decent company etc & i'm fairly sure it could weather a downturn for a year or so as it did the last time around)

[blockbuy] 11/12/2007 09:14

morning all............well to be honest I think it's something more basic than that.........just a plain and simple seller.............the last trading statement proves that the business is sound and if you remember the dot con years then you'll also appreciate the company's figures are far far superior now...............

notes like the one from citi don't help, especially when the rest are much much higher............maybe citi are trying to short, I don't know, seems a daft figure to chose considering last years numbers are well beaten??????

just waiting for the seller to stop................

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[mikeprior] 11/12/2007 01:49

Screamer, some of us never seem to learn from history. I vowed that after the Dot Com crash I would never get caught again but here I am over 20% down on a matter of weeks ago.

However better late than never, I have now put in place a strict stop loss policy and have seen the benefits of it already as I got kicked out last friday on one stock I was holding and so far have saved myself losing another £1,000.

Under current conditions you MUST enforce a rigid stop loss policy to save your sanity if nothing else. Decide what your stop loss is and stick to it and if you can't look at it through the day, put an automatic SL in place. You might not get the best price but at least you will survive to fight another day.

It is better to have money in the bank and look a little stupid when the price suddenly rockets skyward than to have it in stocks without a stop loss and look very stupid indeed when it goes through the floor and you end up losing a packet and can only console yourself by saying those immortal words "I wish I had sold when it was....".

For sure the price will climb again as stock markets are cyclic but I'd rather not have to wait months if not years to get back to where we are now.

I'm only glad that I sold my holding in AXO when it was still over £8 and I will be back when conditions are more stable but that's not now. On the current price movement I would wait and although the RSI is flat as a pancake and the other normal indicators are signalling a change upward, you would be very brave or very stupid to take the risk until a much more positive signal is given.

[p0lanski] 10/12/2007 16:37

sub 500p tomoro

[mrminister] 10/12/2007 16:36

bought a tenner at the end.... who's the fool........????