Reckitt Benckiser Share Discussion Threads

[a4] 07/9/2005 19:19

closed at all time high today. Mick u still short

[5bertie] 30/8/2005 18:05

RB and high oil prices don't mix. Greetings all.

[5bertie] 27/8/2005 23:00

Good boy, you know it makes sense! RB is short, short and short, next stop
£16.00
Greetings

[a4] 22/8/2005 10:01

IMT is definately on my radar, opened a short today

[5bertie] 21/8/2005 21:19

Hello A4 you get around don't you? Agree with your assesment, but when
Reckitt gets anywhere near £17.50 short it and you will make a nice pile.
I did a few weeks ago when all the brokers were overhyping this share.
From £17.50, 100 point drop not inconceivable. Also keep an eye on
Imperial Tobacco it's beginning to near highs again and could be ready for
shorting, made good money on this one as well a few weeks ago.
Also worth looking at Inchcape, Investec and MAN Group, currently holding
shorts on all these, also shorted FTSE 100. I think next week could be
interesting week to see which way stockmarket is heading.
Greetings

[a4] 19/8/2005 15:22

also wary that Colgate palmolive will snap it up, they probably are the only ones who can buy them. This used to be a very busy board, but now it is dead quite

[a4] 19/8/2005 15:14

will join u if it breaks £1750. made loads shorting this, then lost loads. so a bit wary

[mickconn11] 16/8/2005 19:27

A4. Yeah, not arf. Bravery is expensive and a few points underwater but RB. is one of those stocks that attracts traders and a bit of a graveyard for some but I'm beginning to think the tide may be turning. I'm not looking for any big down moves but happy enough to sell when it's gone up 10 or 20 points and then grab 4 or 5 points from the short side.... Easier said than done.

Some big companies starting to blame raw material prices for their reduction in earnings.

Procter and Gamble a few days ago.

Wal Mart today.

No divi for six months and the whole market looks a bit toppy to me.

[a4] 12/8/2005 22:04

Mick, very brave of u, shorted earlier in the week, luckily bailed out yesterday with profit. Was going to short today, but the £20 sell p/t has given me second thoughts. Went up strongly today, will wait to see if it goes to around £18

[mickconn11] 12/8/2005 19:38

Started shorting these again today.

I8p divi on Wednesday out of the way.

Chart looks ok to sell.

Raw material prices.

Very good stock for fast trading if that's your cup of tea.

Now what's the bet on a broker upgrade next week.

I've lost loads shorting this the last few years and still I come back.

Here's to 27th time lucky but got a few points today and short over the weeekend.

Good weekend all. Mick.

[a4] 12/8/2005 17:57

£20 price target set by a broker today. ridiculous or what, will wait till next week and see how high it goes. close to all time high. £20 my a...

[oospore] 09/8/2005 22:23

bad typing eh?

[oospore] 09/8/2005 22:19

LOL No, Ash was banging the drum about astros, Mayan time cycles and how traders are blinkered. In doing so he gave an example of Bradwell Turning Points. Simple misname of Bradley Turning Points. I took mick a bit - simply cos he was preaching/teaching/taking the high ground but gettingthe name wrong - and he went raving for awhile about calling them whatever he wanted. I think he left it as Lady Diana's Turning point :) (Honestly). Point being he knew what is was just misnamed it as a one off (i presume). Misnaming don't actually matter unless you are going to the shop to ask fer one :)

thus if a stock falls and bounces off 600p time and time again and i post yadda yadda resistance at 600p..it makes no odds rewally cos I'm certainly no going to go short above it cos I thought 'resistance?..ah short resistance long support'

an that was a whole bunch of yadder yadder.

fwiw stopped outfor a few points profit. Nice to have shorted the old monster without it costing me.

taking it off the watch list now tho.

[mickconn11] 08/8/2005 19:29

oospore. Cheers.
Will be looking to short this one after xd on wed. if I get a good price.

Was A.J. Bradwell your vicar.

[oospore] 04/8/2005 01:27

not really. its a bit liek AJ's Bradwell Turning Points expt he was preaching about them at the time...;p

[mickconn11] 03/8/2005 21:17

oospore. Resistance/support. It's worth checking out the difference and then you could change your name.

[oospore] 21/7/2005 14:38

humm up large cuz may buying a bit of high street retail - when all we hear is 'challenging conditions'. ah well.

[oospore] 15/7/2005 19:32

come come mickonn11 u know warramean. ;)i could still stick with 'resistance' as up or down, resistance resists price passage ;)

[mickconn11] 15/7/2005 19:08

oospore.
resistance or support?

[oospore] 11/7/2005 18:44

1600 is certainly a strong point of resist tho. not sure about closing here

[shuttlesoptions] 11/7/2005 18:36

Could get worse before things get better. Certainly in the UK pharm sector of business.

[mickconn11] 01/7/2005 19:27

FTSE up today but RB. down so a bit bearish. No position now but I'm looking at who's next and my guess is SN. (smith and nephew) ... similar situation where the market rates it highly but it just runs out of buyers.

RB. is due a squeeze so will be shorting into any rally.

[mickconn11] 27/6/2005 18:33

Been playing with it for a few years and took a few profits today from 1700ish shorts but mostly been caught out and lost money on this one over the years.
Amazingly strong chart long term and any bit of weakness the bears jump in and it pulls back a bit then off it goes onwards and upwards so I fully expect another charge up to 1700.
Top notch management and cheaper than US peers.

[5bertie] 25/6/2005 18:18

Long on RB. Has dropped down from 1750!
Thank you.
Kind regards.