Georgia Healthcare Share Discussion Threads

[greatscot] 28/11/2000 22:48

I don't care as long as it's better than Mon's debacle !

[benzene] 28/11/2000 22:22

What do you call small volume? On Monday there was 100,000 130,000 and 170,000 share deals about £50K - £59K as well as lots of smaller ones.

[benzene] 28/11/2000 22:10

Changed from a punter to holding over 10% in the company. Monday was a roller coaster. Tuesday more settled. Watch Wednesday.

[mungoa] 28/11/2000 21:33

Blue
Just read the rns too. Well perhaps thats 1mill ot the 2 mill that traded hands.

I liquidated all the rest of my HME yesterday at close. Luckily.......as it fell today for the first time in 3 weeks. It had been a real steady cash cow....pity.

NAS is down 5% so I'm not reinvesting the HME cash.....and keeping those funds liquid....First trading day of Dec can lead to good gains, but I need to see how the next couple of days pan out.

[boyblue] 28/11/2000 19:12

I have just noticed the news item on CityWire picking up the posting that a previous stake builder, James Everson-Crane, has shed his notifiable holding in the company since John Hemming came on the scene......This could partly explain the blip yesterday..I still think the shares have a long way to go.......perhaps now this holding is out of the way we can see a steady climb........good luck everyone
Mungoa.....whats your top share to follow at the moment?

[adipaul] 28/11/2000 11:33

Back on track again (on a red day).
I figure that only 5-6mil. of shares are in circulation, 74% of stock now being held by major shareholders, of which John Hemmings (value chaser on iii bb.) holds the most.
Hopefully, we've shaken out a lot of quick profit-takers and a steady rise is on again.

Regards,
Paul

[mungoa] 28/11/2000 09:36

....Though maybe The big Dipper might be more apt !

[mungoa] 28/11/2000 09:32

Well Stuart you may be right....there were two large packet sells of about 100,000 which really got the ball rolling as I recall.

....so why not rename the share: FearHouse

:O)

[stuartwilloughby] 28/11/2000 09:13

Yesterday's little ride looked suspiciously like tree shaking on the part of the MMs. I wouldn't be surprised if the illiquidity of this stock led to a MM shortage and that one big initial SELL in the morning initiated a price drop which was designed to set stop-losses off all over the shop. Hopefully the MM will be happy today and content to let the price recover....

[boyblue] 28/11/2000 00:09

Good chance to buy while there is a blip as far as I can see....I just did...even though I am starving like Mungoa

[adipaul] 27/11/2000 17:45

The 330k trade today was marked as a "T" trade. that is a single protected transaction which can be reported up to 5 days later.
My guess is that it was an insider buy @ 18p. on Tuesday, after John Hemmings bought his 1.9mil @ 14p.
The 36p. trade was also a T trade and could have been a buy from earlier in the day, when the mm's did not have stock to cover, perhaps. It also was outside the normal market share amount.
Regards,
Paul.

[jints] 27/11/2000 16:50

Last time this happened it was john hemming buying under bid price in volume'could it be him again ??????? Also last trade was strange 25000 shares @36p??? and not a delayed trade

[boyblue] 27/11/2000 16:47

The last trade was just as odd 36p...........Looks like I am in for the longer term on this one...........Very Impressed with ValueChaser so still positive.

[mungoa] 27/11/2000 16:41

Odd trade that.......the one for 330k shares at 18p.....any ideas?

[mungoa] 27/11/2000 15:03

This might be on interest to those who held, or have bought back in today.....once again from VC:

" Is it still in for a bid or
I have never said that a bid should be expected. A bid is an option for any undervalued share. My averaged price is 18.6p.
I still think the stock could be in the 40s 50s by the end of the week. I still believe that noone should pay over 60p until a clear strategy for the debt (and Australia) is revealed.

The company could simply trade out of its current position. This remains an option.

have thousands of investors just lost a shed load of cash in literally minutes.
Only if they sold.

Stop losses have a good point in that they stop losses, but they can also create losses.

One of the other points is that people tend to be emotional about stocks. A stock that has lost you money tends to be disliked. Often people don't buy the stock because of this when at times they should.

The lowest price a stock can go is 0p, The highest is the stratosphere. It is very difficult to relaibly judge exactly where a particular stock will end up.

In a theoretical sense I have lost a vast amount today, but I am not in a sulk simply because I have confidence in the underlying businesses (well almost all of them). The movements today make no iota of difference to the qualities of the staff in the organisation.

The problem comes in when you invest in a momentum stock purely because of the momentum. That is when things really go pearshaped. This is a recovery play which has had some momentum. (first up, then down) At heart, however, there is substantial potential. "

[mungoa] 27/11/2000 14:44

View from John Hemmings on iii bb a short while ago:

"Today's trading is a typical example of how stop losses drive the price of a stock down.

Incidentally I did not sell any (although selling and buying back could have been a good move)."

[rhodesc] 27/11/2000 14:38

I'd be tempted to hold a little longer as you have now breached your stop loss.

However, I think the price will move around as day traders and short term investors now will trade in this stock as it has more exposure because of Mr Hemmings purchases.

I did not buy myself as I am waiting for more positive announcements from the company rather than a private shareholder (even though he invested alot of money Mr Hemmings is a private shareholder - others still have 'sell' signs up e.g. Investors Week last week said 'sell')

[rob308gtb] 27/11/2000 14:20

Forgive me for considering panicking chaps but can anyone give me something positive on this one before I sell...... I am down 25% currently which is past my stop loss {or what should be my stop loss}

[adipaul] 27/11/2000 13:53

Looks like a lot of profit taking from those that bought in at around 16p.
I'm down nearly 20% but still holding. Only about 5mil shares in circulation, so these will be severely affected by trends - up or down. Couple of buys and they'll shoot up.

[boyblue] 27/11/2000 13:39

Would love to Mungoa but resources don't go that far.....Perhaps one day !!
The market makers are enjoying the up and downs of this one but it is still worth 50p IMHO

[mungoa] 27/11/2000 13:39

Yup....might need to look at that thread title again.......but looking at the gains over the last 5 days it climbed 100+% very fast....so, coming down some is not unexpected.
Now a fall to earth ...that would not be pleasant ! :O)

[ginger_bomber] 27/11/2000 13:36

more like rocketing south

down to 27p now


ouch

Cheers
GINGER

[mungoa] 27/11/2000 13:21

BoyBlue....you need to buy another couple of 100,000 !!

[dave46] 27/11/2000 13:18

Reason for the fall anyone please. Have not bought in yet, but considering?
All the best
Dave

[mungoa] 27/11/2000 13:17

an opinion might be ....fast climb, attracted shorters, hit resistance point at 36.5,someone offloaded large chunks, its looking for support, and perhaps a more realistic trend ?? end of day and end of week etc will show clearer trend.