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[davydoo] 22/4/2015 12:09

I don't often have time, nor care, to look at all the individual trades, but it seems a lot of very small, fully priced buys going through just now.

Perhaps that's the impact of being top of the gainer list that was suggested

[davydoo] 22/4/2015 11:56

I'm not a day trader, but I am not going to ignore the opportunities to trade that sudden liquidity can present.

I bought these fully happy to hold for years and see how it played out. But when I'm looking at an 80% net gain inside 1 month on 1 of my purchases I'll take it.

Keeping the rest though ;)

[lr2] 22/4/2015 11:49

Current quote 2.1p - 2.35p.

[reestie3] 22/4/2015 11:48

The spread is only a problem if you are a "day trader"........with only c.190m shares the price will move upwards much more quickly than, say, AVO.....

[lr2] 22/4/2015 11:41

Current quote 2.0225p - 2.325p.

Personally think the spread is too wide for successful trading.

[davydoo] 22/4/2015 11:38

I'm not going to buy back higher, if it goes higher what I keep becomes a bigger and bigger and share of my portfolio.

It's partly an asset allocation discipline, after some previous calamities

[tomboyb] 22/4/2015 11:35

Well since the Stacy post its gone up quite a bit -

Now up 25% -

[21trader] 22/4/2015 11:35

davydoo

That's the problem when you sell the price continues to run away and to buy back
gets more and more of a gap from what you sold. It could indeed retrace but if it
gets to the top of the leaders board you then attract a new crowd of chasers so
it might be too early to bank profits atm.

[21trader] 22/4/2015 11:33

LR2

Agree but then look at AVO with 100-150 mil cap how does that get justified currently. It's all about sentiment which drives stocks and this has it right now.

Tipped as well according to Lse post

Recommended on ShareProphets.......Today 10:23FDBK recommended on ShareProphets today......"Poss. the next AVO"...............

[davydoo] 22/4/2015 11:32

I've sold a few and looking to sell a few more.

I love the prospects here, but to me we've had 3 buses in 3 days; contract wins, government spending pledge, tipped. It's all good news, and all helped the price, but that pace is unlikely to be sustained.

I've seen it so often on these small caps. Keep most, and wait for another round.

[lr2] 22/4/2015 11:28

Will need company profitability for your mega spike. Still a couple of large contracts away from that scenario yet. No reason it might not happen within a reasonable timescale. Keep watching for RNS's.

[21trader] 22/4/2015 11:22

2nd on the leaders board. Small cap cancer stock.

Could turn into a real chase soon hope so still looking for my mega spike
in a stock.

[lr2] 22/4/2015 11:20

Current quote 2p - 2.27p.

[21trader] 22/4/2015 11:15

Think I misread your post :-))

[davydoo] 22/4/2015 11:09

not sure how you reached that conclusion.

I was just working out my own holding and realised the volume today.
1% is 1.9m shares, we're at 2.05m as I type

What does safe hands mean to you?

I have previous director's holdings noted, but they could have sold by now.

[21trader] 22/4/2015 11:03

davydoo

Are you saying over 90% in safe hands ?

[davydoo] 22/4/2015 10:59

over 1% of the company already traded today, and probably 2-3% of the stock not in directors hands

[lr2] 22/4/2015 10:53

Current quote 1.97p - 2.14p.

[21trader] 22/4/2015 10:17

Have to back up a long time though to get higher prices.

[21trader] 22/4/2015 10:16

Good for gap ups though :-))

People will always use historical charts for resistance points.

[tomboyb] 22/4/2015 10:15

davydoo 22 Apr'15 - 10:13 - 538 of 538 0 0

surely the old prices are irrelevant, its a completely different business now

Correct - lol.

[davydoo] 22/4/2015 10:13

surely the old prices are irrelevant, its a completely different business now

[21trader] 22/4/2015 10:08

Put it this way. If this was on Nasdaq it would have a value 10 times this maybe more.

You can understand why the shareprice is breaking out of recent trading ranges but still miles below old prices

[tomboyb] 22/4/2015 10:04

blueball 22 Apr'15 - 09:57 - 534 of 535 0 0

Trevor Brown is a Director here and before that at AVO.

That should help with the experience - However u never know - Case example is ASOS and Quinten Griffiths -