Just for the record, not that it matters, been in these for some time since hpcg pointed them out at around 6p and expect doubling from here whatever hot money decides to do. |
WJG looks interesting? Great interview |
Dowgate FM discusses GMS from 17:50 |
Closed and auctioned at the high of the day. This is going to print such an archetypal modern Elliot Wave 3 stage advance. |
Tip sheet brigade and followers providing a buzz. |
Plenty of buy orders on the book, but as predicted the supply isn't there any more. |
15p and 17s my entry price !! Looking forward to share buy backs and return to Divi payment |
Looking very strong Bloomberg, been buying all morning. Hopefully breeze past 20p without much trouble! |
Looking like another strong finish |
Yup, strong finish |
Encouraging to see it has closed at the high of the day with good volume. |
Closing up near to the day's high. There still seems to be reasonable availability though in the 18s. Potential investors are going to have to decide when to join because sellers no longer have the internal justification of a falling price to set against strong fundamentals. |
Wow! Re rate developing |
C.mon the POS !! |
Excellent coverage hpcg |
A modicum of FOMO starting to appear on the book now. It is perhaps dawning on investors that they have no hope of paying under 15p now, and that is probably the case for 16p and perhaps 17p too now. The latter is yet to be determined, the close today and the rest of the week are important. |
The book has really shrunk today, hence the firm price. Agree with you hatfullofsky, when the last RNS is released that probably signals the tap is turned off, not one final opportunity. The better strategy was demonstrably to buy after the first Seafox distribution was made. The low was in immediately before the second announcement.
Mind you, each to their own, I can also see the attraction of waiting for the uptrend to be confirmed, which I guess is a close above 17.5. Quite decent to have taken a 15% overhang off the agenda in a month and a half. |
High risk strategy that. |
I'm waiting for the RNS to state Seafox are down to 10% - which is what they said they would stay at after distributing the rest of their holdings.
Last RNS said they were on 12.91%. |
Yes I agree entirely hpcg |
He isn't even close to having the money to make a notifiable position. What I would categorise the landscape as is that there is a lot of influence out there which should encourage plenty of PIs to a) have a good look at GMS, and b) take the plunge. This includes the latest write up in the Investors' Chronicle here it qualifies for what they call their "Small Caps on Steroids" screen, which is based around deleveraging. It still needs the confidence of a higher low, and other characteristics of an up-trend to bring enough money on board to see off the sellers. The offer does seem to have bottomed out at 16.75 ish, where it was towards the end of last week. |
I'm building too! Don't expect tr1 from me though |
Good reply ZHO |
>>Is he declareable?>>
No. Paul has covered GMS throughly on his Stockopedia SCVR and is enthusiastic, saying that he picked up some at 15p, and that he's "prepared to buy and keep buying if it comes back to 15p. That for me is the line in the sand where I think risk/reward is just so positive".
from 49:50 |
What sort of size would we expect usually? Is he declareable? |