Rock Solid Share Discussion Threads

[christianf12] 13/1/2012 21:34

4p looks nailed on short term and could come as soon as next week chart wise.

If fox Davies have a 13p target then I'd expect them to hit 13p this year at some point.

Fox Davies tend to bo conservative with their target prices.

[bones30] 13/1/2012 15:23

Spread is narrower than it looks.

Being offered £0.02125 online for my shares by my broker.

If they move the bid up, the mid price goes up which means it becomes a bright spot on people's watchlists etc. They may not want to draw attention in that way currently.

[qwazi] 13/1/2012 15:21

Yep, overhang definitely cleared but would be nice to see the spread narrow from here.

[christianf12] 13/1/2012 15:13

Looks promising that they are charging the full offer for small amounts now.

[christianf12] 13/1/2012 14:45

Interest growing all the time also. Remember 50% of the shares will never come on the market so today's volume is probably around 4-5% of the free float.

[the prophet] 13/1/2012 14:33

-anything over 3m is good volume for RSI, so 3.5m and counting is excellent. Just need bid to move up now....

[chrisis33] 13/1/2012 14:26

Excellent volume today. And a pop up on the offer too.

[bones30] 13/1/2012 14:04

Good good.

RSI vs TRAP.... race!

[sideshowbull] 13/1/2012 13:59

You know me all about charts and they told me to buy so I did.

[sideshowbull] 13/1/2012 13:58

LOL yip bones, been buying for a while, took 2 more small lots today too.

[bones30] 13/1/2012 13:56

SSB, you following me ;-)

?

[sideshowbull] 13/1/2012 13:55

Only 15k offered online @2.25p

[bones30] 13/1/2012 13:37

I think its likely that 450k trade was a buy from earlier.

[christianf12] 13/1/2012 13:21

Fox Davies are regarded as cautious with their targets and often their target prices for shares get hit, not like some where valuations are pie in the sky.

I think we could easily see the 13p target here.

[the prophet] 13/1/2012 13:19

-nice bit of 2-way volume, all looking good.

[chrisis33] 13/1/2012 12:52

Back to the 3p the director paid first stop, next stop 4p placing price?
However, if RSI continue at anything approaching the rate of new orders that they achived over the past few months then the 13p broker target could come into view.

[the prophet] 13/1/2012 12:50

-can sell in size now @ 2.1p, but only buy 10K on line @ 2.25p (with Stocktrade), so, yes, sharp move up could well be on the cards.

[christianf12] 13/1/2012 12:47

Sit back and relax now guys : )

I think we could move sharply now.

[chrisis33] 13/1/2012 12:41

yep - that was the overhang taken out for sure.

[the prophet] 13/1/2012 12:40

-and there she goes!

[multibagger] 13/1/2012 12:03

Well, would like to add more, but not sure will have the same price in a couple of weeks when money due in.....we seem ready to move up, I would think :-)

[christianf12] 13/1/2012 12:00

There is the overhang shifted then : )

Notice the 1.04m trade just publsihed.

Now what is fair value right now?

13p Fox Davies say : )