Goodwin Share Discussion Threads

[smarm] 07/7/2008 11:49

dasv - we are through the 38% (assumming no bounce today) so the 50% is the next level to watch. Agree no bottoms are given but we know where the price might go so we can try and time our entry/exits.

I sold at 11.40, just below the 23.6% fib. At £8 (fell just now) to sell I would have turned an 11% loss into a 37% loss, which would have been stupid beyond belief. Hopefully I will pick up again around £7.50 or lower if the chart dictates.

When I bought this time around I didn't pay enough attention the the chart - it was saying down but I 'bought into' the hype that somehow GDWN was in some way immune.

Reality check - the only truth is the price.

S

[dasv] 07/7/2008 10:26

smarm, i like looking at fib's as much as the next guy, but the thing is they don't tell you which retracement level is the bottom, they just give some likely candidates.

From here, would you guess at 50%, 61.8%, 78.6% or a bounce from 38.2%?

[smarm] 07/7/2008 10:14

Here, let me save you the trouble.



...perhaps some acknowledgement that the chart and the chartist were right????

S

[smarm] 07/7/2008 10:08

CR - your voo doo comment re chartists not looking too smart. I didn't post the chart but here is the chart that goes with post 397. Now go and look what happened next.



S

[dasv] 07/7/2008 10:04

I go on holiday to Mexico for 3 weeks and the mice really come out to play... Will consider averaging down - reckon I can get 800. Went in lightish so no big deal at the mo. Irrational sell-off. Can only assume market is betting input costs will hurt margins at GDWN?

[ydderf] 07/7/2008 09:07

you're in denial crookney - tell your fans how you bought TPT at 72p a few days ago and it is now 47.5p! 32 PER CENT LOSS ! You then did a runner from the thread lol, a bit of a timorous mouse methinks!

now it looks like your lucky run in Goodwin is co,ing to an end and all you can do is blame illiquidity, the very element that got it into an overvalutionin the first place.....sometimes a simple apology might be the manly thing to do::::

[westcountryboy] 07/7/2008 08:30

Curious - I just bought some at 865p without any difficulty on Selftrade - so it looks as if it's quite easy to get within the spread. Seems a rather clumsy seller!

[wipo1] 06/7/2008 16:18

CR - Don't think GDWN p/e is lower than CGS,CHTR,GKN etc. whole sector been sold off on poor manufacturing data, fears of higher energy costs hitting bottom line, these companies use a lot of electricity.

[cockneyrebel] 06/7/2008 13:45

Agreed - the disadvantage of illiquid small caps is that occasionally someone can depress the price if they are determined to sell. Weak market in general, a few industrials giving some back lately too tho on much higher PE's than GDWN.

CR

[kneecaps2] 06/7/2008 13:04

These shares have fallen much to far.When I visited Goodwin for their 125th anniversary celebrations 2 months ago the chairman and managing director were excited about the future particularly the far east.The directors also confirmed that a rising oil price is good news for Goodwin.Therefore i took the opportunity of buying 500 shares @920 and 1500@850 on Friday.

[bigalan3] 06/7/2008 11:04

Thanks for your comment CR. Bit too much for me at the moment.

[cockneyrebel] 06/7/2008 11:02

There's a big seller apparently - my broker told me late yesterday there's 10K on offer immediately but you can probably get a lot more, my guess is there's 30-50K out there perhaps if you want them at the moment. Bit too much for me :-)

I guess in this market people sell anything if they've had enough of shares.

CR

[bigalan3] 06/7/2008 09:31

Anybody suggest the reason for the slump in the share price.
Is it simply following the market? It survived the last bear market in tact.
It cannot be debt related. Suggestions please.

[bigalan3] 06/7/2008 09:31

Anybody suggest the reason for the slump in the share price.
Is it simply following the market? It survived the last bear market in tact.
It cannot be debt related. Suggestions please.

[cockneyrebel] 03/7/2008 16:54

Frauddy, how is it you can turn up here but when I ask about your recent 90% invested claim in DVO and GRG you go AWOL ? Deep trouser investment that you're well under water on. Didn't you have a 'deep trouser' investment in SUY @ 140p odd only to see it go bust? More a Brown Trouser investment in more ways than one!

Seems to me you have plenty to say but only about yourself when you're winning - which is getting a rarer and rarer event.

DVO off 10% since you bought them a week ago, GRG looking weak - no lectures please my little abscent cash-mangler!

CR

[serratia] 03/7/2008 16:30

I remember him well. He makes those iced cakes with half a cherry on top.

[ydderf] 03/7/2008 16:14

you can't have it both ways crockney, if this is priced right by the market - why aren't all the other duds of yours like tpt, apg, jsg etc etc etc - of course the real tragedy is that you never back your winners with sufficient was to make any difference - you'll never get rich unless you plave long trousered bets on your judgement - remember Kipling!

[wipo1] 03/7/2008 15:55

yeah not much confidence about, had to sell a few winners to cover my loss elsewhere, only stock I feel confident about is Exxon mobil(XOM) in the US. will look to add more on any dip.

[gswredland] 03/7/2008 15:43

It is hard to have confidence in anything. Even great statements don't do it for many stocks. Maybe up initially for a day and down they go later!Look at WEIR for example.
Sticking with my oil stocks for now!

[cockneyrebel] 03/7/2008 15:30

Punters just going with charts and sentiment imo.

GFRD up nice on the trading statement today because like many it has been oversold imo. When GDWN piut out their results I'm sure they will please - meanwhile any stock is in the lap of the market sentiment. Punters wanting to sell anything and get out, as posted above - in that market you can't tell what any stock will do short term - longer term class shines through.

Is there really any stock you could buy with complete confidence today? Any mark down and punters start to think something may be amiss and jump out - doesn't matter what stock imo.

CR

[silverfern] 03/7/2008 15:23

been watching thisone for a while and surprised (again) at the this one falling so hard - was thinking of buying on results. It's hard to make sense of the market at the moment - if inflation is 3% and it feel like 10% then my portfolio feels like its 80% down right now - it's not or I'd be in a pub.

[wipo1] 03/7/2008 12:13

swarm - good point, fundamentals look out the window for now, until they return, I guess the charts are our only guide, think everyone across the board is suffering, I am 92% cash and still feeling a bit of pain with current turmoil. Hope we are all get through this difficult period, but I think you have to take some cash off the table just incase!

[pote] 03/7/2008 09:46

smarm

Thanks

[chrismcglone] 03/7/2008 09:03

It's unlikely anyone has escaped the recent carnage. It has been pretty indiscriminate. I have taken a pounding on my main gold holding and i am not alone.

I am now trying to make sure i have some spare cash left to pick up a few of the 'bargains of the century' which are edging closer by the day.

Survival is my main priority for the time being.