Bioseek Share Discussion Threads

[spaceparallax] 24/3/2011 12:53

definitely do research - I've been in for a while beginning when things were a distant hope, but now they're actually beginning to produce the diamond sales will provide the fuel for the business rather than a need to borrow or place shares.

Another one to watch that is modest risk and great growth potential is CTN - results just announced today and some selling because they don't perhaps yield what had been hoped for by some. Again, the important thing is that it's a business in an economic-proof sector that has just turned the corner into profitability and is seeing tremendous growth. Have a look.

[danosborne] 24/3/2011 12:42

The house purchase will not be until at least another year. Unless the housing market suddenly starts going up (which I cannot see happening at the moment). By the time I find somewhere probably about 18 months. As you said with the exception of an ISA the money is doing very little with present rates! What do you think? Am I likely to see a better return putting some towards some more ATD shares.

By the way, thanks for the tip on FDI, obviously would need to some research first but high risk is probably not a good idea. I already have a few high risk ones that keep me awake at night.. ha ha.

[spaceparallax] 24/3/2011 12:07

A dilemma - I suppose much depends on what that housebuying money is doing elsewhere. Given that ATD is more of a medium term play, it's probably not the best place to risk it if house purchase is imminent.

One that might interest you, but isn't low risk, is FDI - their share price is very low atm and they're at the beginning of production that should really blossom and could offer a handsome return quickly. Have a look, see what you think.

[danosborne] 24/3/2011 11:44

agree. Problem is that I do not have any spare finances.... unless that is I dig into money put aside for house buying. As tempting as that is I do not think it is worth the trouble I would be in from the girlfriend!

[and then] 24/3/2011 10:36

Well it was only five trading days ago that we were pushing this top TL, it goes back a long way, so should be strong resistance, however, the speed we are approaching it, looks like it wants to break above... watching!

[and then] 24/3/2011 09:59

Another reminder to be more on the ball. Another hindsight days wage missed. easy trendline break with retest before the drop... grrrrrrr. Always is easy in hindsight, but this was text book!

[spaceparallax] 24/3/2011 09:33

Hard to know Dan. Bit of a mixed blessing in that it's nicer to see an higher and climbing sp; however, it does provide oppos for a top-up on the cheap.

[danosborne] 23/3/2011 17:29

Just went back and counted up the block sells over the last week and a half. I make it roughly 1m after todays. With a bit of luck that will be it.

[spaceparallax] 23/3/2011 15:31

same old block sell @ 13.5p. If only an insti weren't offloading the share price would be recovering nicely.

[and then] 23/3/2011 12:50

I need to slap myself.... hard...
Another easy set-up, watched and not taken... easy trendline break.

[spaceparallax] 23/3/2011 10:46

Decent trading again this morning

[and then] 23/3/2011 10:18

Ok, so got it all wrong this time. False outs are so difficult to read. Easy of course, in hindsight... here is the 4 hour chart, which makes it more obvious to be a false out, the 1 hour had me convinced that the TL was broken together with the weekly retreating from resistance. Stops only needed to be 20 points (again) below the lower TL to be safe. My position size was slightly too big for comfort and so stopped out too early. The fact the first candle on the 1 hour didn't quite touch the line before bouncing should have given a clue, lower was to come, but the sheer speed of the return into the trend channel makes it all the worse... repeatedly long against the trend yesterday and now out of the trade while it flies north... better go to the gym or something! grrrrrrrr!

[spaceparallax] 23/3/2011 08:40

I'll look forward keenly to the results 7 April

[and then] 23/3/2011 08:01

I would have done well to check the weekly chart! Quite clearly at resistance.

[and then] 23/3/2011 07:52

My bullish bias cost me a couple of stop outs yesterday, a reminder to myself to trade what i see and not what i think. Its too easy to stop respecting the market. Obviously you take the trade in the direction that you think it will go, but i got sloppy, even entering a trade at a fairly random point through lack of patience. Shame considering the points i wrote down yesterday morning on cable, if followed would have given the points req'd... :(

[danosborne] 22/3/2011 18:21

Thanks for your thoughts chrisb and spaceparallax. Will definately hold here. I take it the 300k today was Omega again?

[spaceparallax] 22/3/2011 16:15

Only just noticed the 100K@14p Buy.

[spaceparallax] 22/3/2011 15:40

Sadly no. Looking forward to shifting our seller.

[bloodhound] 22/3/2011 15:18

Yes, not you again SP?

bH.

[spaceparallax] 22/3/2011 15:10

Modest trading today, but all buys so far.

[and then] 22/3/2011 09:07

EURGBP

I was looking at the flag this morning and it dropped straight through while i was tinkering with drawing it! I should have taken the trade for a few points and of course if cable takes off later, it should have further to fall... this should create a buying opportunity, but the question is, where?! 8690ish could be a good one... well lets wait and see. Im still more inclined to be bullish with this pair, the talk is of the Eurozone increasing rates before us...

[spaceparallax] 22/3/2011 09:00

Hi Dan,

I'd echo Chris's post.

Try not to be spooked - rely on what you know and be reassured that the Company are obliged to inform us of any significant changes.

I'm assuming that the recent offloading is associated with the end of current FY - if so, it should be over soon.

I've historically spread my investments thin and wide e.g. max 5%, but I believe that the potential here is such that I've got about 7% here and rising if these top-up oppos continue.

o/t,

you might want to take a look at CTN - tremendous potential also and results imminent.

[and then] 22/3/2011 09:00

Cable going great guns, half hour to go before CPI inflation data, forecast 4.2, but we've gained a lot of ground in the last week. On target prediction or less could see a minor dip. If ahead of forecast then 16400 seems a certainty...