Gsk Share Discussion Threads

[sat69] 24/3/2009 16:34

...and don't forget the 6% yield that is well covered.

[sat69] 24/3/2009 16:31

Rat - Every dog has his day. Just wait till Warren Buffet doubles up! Won't be long now, I'm sure he's sniffing around!

[rat attack] 24/3/2009 16:16

This is some dogs dinner of a share. Dow et al up 10%+ over last wek or so and this plumbs 10 year low. Its had two £14 buy recs over last 10 days and then offers cost price drugs to developing world and gets hammered! Screwed up getting into this one!!

[sat69] 24/3/2009 16:02

Got fed up waiting for the dip below £10 - Just bought in at 1002p.

[montyhedge] 24/3/2009 13:53

GSK losing purchasing power, reducing price of most of its drugs.

[harvester] 24/3/2009 12:59

Added today to my forward contract position to buy gsk in May @880 in return for small premium of 16. A much larger premium is available when forward committing to september at same strike. Felt tempted but decided against that due to worry over US $ currency risk.
Favourable news today on gsk progress with submission of potential blockbuster drug for regulatory approval(report in Daily Mail).

[chutes01] 24/3/2009 10:31

These could move very quickly with the right sentiment, crazy to have been short at the support levels.

[kingsdock] 24/3/2009 10:05

Lovely w shaped double bottom forming. There has been strong support at £10 so I'm confident that there is more upside potential than downside risk here

[lionheart79] 24/3/2009 10:02

lol monty, half the price target you were spouting just a couple of months ago. you're about as credible as a cabbage!

[montyhedge] 24/3/2009 09:10

934p here we come, sentiment for pharma's is bad with the Obama factor, may even see 875p in a bad market.

[chutes01] 23/3/2009 21:15

should have added more today, and some rdsb as they will fly in the morning also.
good luck.

[sat69] 23/3/2009 19:43

Yep - DOW flying. Should certainly open higher tomorrow.

[i_hopi] 23/3/2009 19:34

Looks to me like it's bottomed out. You could take a chance and buy before the price goes up through the moving averages. I have :o)

[chutes01] 23/3/2009 19:26

1060p tomorrow ?

[sat69] 23/3/2009 14:50

The £10 level offered support today, but we may drop below that tomorrow.

[notaclue] 21/3/2009 00:31

How can the chart suggest 900 and this finger in the air figure of 934...both figures would send this company well through 10 year lows...while am not dismissing it may drop through the current fairly strong support level of 1000(ish) quoting exact falls to prices of 934 is utter clap trap IMHO

It would also take a strong stomach to short this stock at this level until the fall through that support does indeed take place DYOR cos as my name suggests...

[sat69] 20/3/2009 23:40

Put it this way. We will open lower Monday morning. What will happen after that...Je ne sais quoi. As long as Wolves win tomorrow!

[eisler] 20/3/2009 23:30

900? Rubbish! Wait until Friday and let's see who's closer to 900 or 1100! If you are only looking at the 'Obama effect' you aint looking deeper enough!

[sat69] 20/3/2009 20:15

The fear of what Obama can do is a greater threat

[monhearme] 20/3/2009 20:15

what about pharma industry consolidation factor?

[chris coxon] 20/3/2009 19:24

montyhedge I am looking for an entry at 900, the chart def suggests it and I agree with you on the Obama factor.

[sat69] 20/3/2009 17:19

Good to hear you like GSK very much Monty - Are you long or short?

[montyhedge] 20/3/2009 17:01

I lkke GSK very much, but I think short term, negative sentiment will send this to 934p, nothing to do with fundamentals, Obama factor.

[sat69] 20/3/2009 16:59

I though you've been long here for months Monty?

[lionheart79] 20/3/2009 16:59

Gone short now Monty? you were pushing the merits of the $ just recently?