Ricardo Share Discussion Threads

[c lau] 26/11/2003 22:37

It is actually down again. Sell for 165p only at the last trade!

[pictureframe] 24/11/2003 10:09

Agreed wait a week or two the scene will be clearer, see it has bounced a bit today

[pictureframe] 24/11/2003 10:09

Agreed wait a week or two the scene will be clearer, see it has bounced a bit today

[monty burns] 21/11/2003 13:40

indeed - don't worry about it, presumably you're not planning to sell at these prices if you think it is worth more, the only question is whether it is worth buying more.

Given the movements (and the spread) looks like the answer is 'not yet' -

[jelfsie] 21/11/2003 13:26

You do not have the info that they have. You can spout the conspiracy theory if you want, when the market does not go the way you feel it should
, but I'm afraid that 99 times out of 100 the movement simply relects underlying supply and demand its just that you and I do not have as much information as others do. Either the market is already short or there is a wiff of somebody wanting to offload stock and as a result the MM's are driving the price lower to ensure they do not get unwanted stock at any other level than cheap.

[hallow] 21/11/2003 12:17

Marekt Makers seem intent on punishing this stock because they are crooked, how can 11,500 buys against 3000 sells result in a 5% drop.

Basically its fraud !

[pictureframe] 20/11/2003 11:55

you are probably right monty, however seems to be a lot of marking down across the markets today. Nearly all my shares are red

[monty burns] 20/11/2003 11:25

nah, the trades are there, they're just not showing yet. They will......

[pictureframe] 20/11/2003 11:02

Strange, down 5% on very small amount of selling, however spread is stupid and its moved up .5% as I type.

MM could be trying to provoke a bit of interest.

[monty burns] 20/11/2003 10:57

Not much a bounce was it?

Still major dumping going on, but not buying with this spread and this sort of apparent decline on the cards at any moment. Not selling either, so wait and see.

Be in for more at 150 if we get there. Probably.........

[blackbear] 19/11/2003 16:23

150p would be + - 12 % off the short term bottom very recently. I think that's close enough , using techie's going back 5 years.. imho dyor.

[jelfsie] 19/11/2003 09:46

I will look to buy this one at some stage but not yet. DYOR as usual. Since when was the market rational!. Much uncertainty in the company's markets at present and big acquisitions with (hindsight) poor timing usually bring many skeletons out rattling their financial chains. Techies would still say ultimate objective on current move remains 150p.

[hallow] 19/11/2003 05:18

Never catch a falling knife as the saying goes, Ricardo is showing only the slightest upturn after a very long fall, I wouldn't bet the house on this one
and only have limited exposure.

It could show big returns if it recovers from here.Buy low sell high.

[pictureframe] 18/11/2003 13:30

all buys today bar a couple of very small sells. May still see £2+ by close

[pictureframe] 18/11/2003 07:09

should see further rise today, dont forget recent director buying. Should break £2

[pictureframe] 17/11/2003 13:41

now up almost 4% , a close of 5%+ would bode well for further rise imho

[pictureframe] 17/11/2003 12:20

agreed some caution is required, but its priced as a no hoper at the moment, its still making £16 profit

[jelfsie] 17/11/2003 11:38

Technical Analysis (for which there are many followers out there), and recent price action suggests that this is a short term bounce only and recent lows will be tested before long. All the big autos (recently VW) have been rumbling about big cuts in future R&D spend to cope with margin pressure. Recent acquisition in Germany could still result in a further profits warning before long. Trade it if you wish but be careful IMO.

[pictureframe] 17/11/2003 09:19

it has now bounced 3% , looking like a strong buy now imho

[pictureframe] 17/11/2003 09:04

Morning all,

Nice move up this morning, expect short positions to close up today, it now looks like we have now moved away from the bottom. I think I called it right ;0)

Will be happier to see a 3%+ move up today just to show further strength , my short term target is £2.20

[omerta] 17/11/2003 01:39

Late trade of 75/- after hours show ... doubt i'll get in @ 185 in a few hours time. Blast ... mention in the Times, bet Mr. 75/- knew that was coming!!

[blackbear] 14/11/2003 16:17

Just took a picture of ricardo's bottom.. lol.

[pictureframe] 14/11/2003 11:11

yes look like all the selling has finished, will jig up once shorts close which I anticipate shortly

[blackbear] 14/11/2003 11:00

Hope so.. 6 buy's no sell's.....