Gsk Share Discussion Threads

[montyhedge] 27/4/2009 11:19

Down this year 21%, massive bear position built up, any further rise above 1050p bears will start closing positions, could see a massive spike to 1125p.
Ex div Wednesday 14p bears have to pay back.

[wongauk] 27/4/2009 11:17

Agreed. I suspect the MMs already know what the RNS of the results says. So hopefully if those results are positive, like we believe they are, then we can all climb aboard your rocket for a while :-)

[montyhedge] 27/4/2009 11:15

Bloomberg said Relanza sales beat Tamiflu in stockpiling.

[montyhedge] 27/4/2009 11:13

Should be 1125p today, bears who have attacked GSK for the last 3 months trying to keep this price down, but bulls will win.

[montyhedge] 27/4/2009 11:12

Take-off coming, ex div 29th April 14p, I don't think will drop 14p onwards and upwards.

[john hampton] 27/4/2009 10:33

Looks like time to have a bit of the action, this has needed some news to kick start the share price, with 1000p support holding it could be a decent entry here. The swine flu news may only be short lived, needs more postive news on other projects it's involved in to really get this one going though. Nice to see PYC doing well too!

[wongauk] 27/4/2009 10:28

Stochastics point/indicate north or south depending on share price movement. This share price is already moving north and the stochastics are moving horizontally (flat line) i.e. they haven't moved yet.... so, what happens when they point north.... it should really start to motor is my take on this. Hopefully nice explosive fireworks... and not nasty ones lol :-)

This share price movement is being very carefully managed. I'm new to the GSK stock though, so don't believe everything I say. Good luck.

[9degrees] 27/4/2009 10:22

wonga what sort of fireworks and what is a stochastic?

[wongauk] 27/4/2009 10:16

This is very very interesting... I've never seen the Stochastics stay flat this long on this type of volume on a rising share price I hope we're in for some fireworks if that's what this means lol :-).

[caswerty] 27/4/2009 10:15

microbiologist expert just interviewed on bloomberg tv saying that relenza and tamiflu are the vaccines that are expected to work against the swine flu epidemic. if the experts in the field are saying this then it's likely that there'll be some hefty orders for those drugs globally. seems logical to me. should see a good rise and a continuation over the next days and weeks ahead imho.

[wongauk] 27/4/2009 10:09

This is being held down at the moment. MACD is rising, but Stochastics are flat lining. Interesting this! This is definitely going up.

[revoc2] 27/4/2009 10:04

daytrader...agreed, mate....mm's r the scum of the earth!!!

[daytraders] 27/4/2009 09:59

point taken :) i see this alot where it seems a share should be flying and it aint, then all of a sudden they start to move, mm's do all sorts of things.

[wongauk] 27/4/2009 09:56

Looks like we're getting a bit of a mid-morning rally coming in now. I thought we would have got bigger surges in share price though... MMs could be holding for the Clinical Trials data/results I guess.

[wongauk] 27/4/2009 09:52

Daytraders - Exactly my point lol.

[wongauk] 27/4/2009 09:51

Level2 picking up a little.

[daytraders] 27/4/2009 09:49

you would think airliners would go down, as know one will want to travel if it gets bad.

[lucky_lady] 27/4/2009 09:22

There is a meeting in Chicargo today so if there is any news it won't be until much later today.

[mowy76] 27/4/2009 09:18

Should hopefully hear about the results later today.

[wongauk] 27/4/2009 09:13

Are the Clinical Trials results likely to be good today, or are we going to die a painful death?

[lucky_lady] 27/4/2009 09:13

Chill WongaUK, buy some palm oil stocks, they are doing great today.

[wongauk] 27/4/2009 08:59

Bloody hope so Lucky_Lady. I thought this was the safest bet going this morning, and we're approaching Fridays closing price at the moment!!!

[lucky_lady] 27/4/2009 08:56

Isn't there some news due today about the trails for the prostate cancer drug?
Good news will send the price higher.