Srt Marine Systems Share Discussion Threads

[yump] 06/8/2016 17:37

Sooner or later the tipsters are bound to come upon a share that performs. I wonder how many shares have never been tipped...

[dylanl2] 06/8/2016 15:48

Bought on the original rhps article, didn't sell on their advice though...always liked the articles he wrote, easy to understand...no harm in any promotion

[pyman] 06/8/2016 12:15

classic squeeze- exciting stuff and scary to ride in a tight stock for short terms traders... depends how much ''hot money'' was in as when the worm turns its tough to exit.

[hjb1] 06/8/2016 11:44

as long as it's being promoted then that's fine with me.They have a lot of followers..

[the prophet] 06/8/2016 11:34

didn't know rhps were still going.....
under Tom Bulford they tipped them quite a long way back, i think shares were around 6p or 7p mark at the time, and they sold out at around 40p, that was back in 2011.

[daicaprice] 06/8/2016 11:18

Oh dear, being promoted in RHPS or whatever it's called now, aren't they a bit late off the starting block?

DC

[alter ego] 06/8/2016 00:33

My pot of jam suggests that just perhaps we may have some interesting news before this financial year is out. So whilst I see the logic of banking some profit, it's a brave man who bets on no news in the next couple of months.

[mr singh] 05/8/2016 21:30

I believe that this company has a very bright future and a CEO that has the pulse of this business firmly in hand.IMO a great future may be very attainable and long prospects will hopefully be assured as they strengthen their position within this market.This has been my best performer to date and I bought in at a tad below 20p on the last low.Today I have sold 95,000 share and retain a further 67.366 shares. The rise has been rapid and the revaluation relevant to long term prospectus future earnings.Good luck all and don't forget to bank some profits, the market is going to be very unkind to us all in mid October.

[kalkanite] 05/8/2016 19:03

I think today has been quite healthy in terms of the shares transferring from profit takers to investors looking to the longer term. Profit taking is understandable given the sharp incline in share price, of course the higher it goes without consolidation the bigger the drop will be when profit takers emerge.

Personally I'm here for the long haul, with so much contract opportunity in the pipeline the future share price has the "potential" of multi bagging from here.

The big money is not in the buying and selling, but in the waiting
Charlie Munger

[the prophet] 05/8/2016 17:52

a good holding there YUMYUM, well done!

[2vdm] 05/8/2016 17:23

Thanks YY and fwiw, I think we may see mid 40s again.

[yumyum] 05/8/2016 17:00

LaValmy....I see what you mean.

At least there is a lot more liquidity. That I think is a very good thing. Wild swings for long term holders do not really matter. I hold 2.222222m shares and am basically holding until the takeover. Of course I may be an opportunistic seller before that but holding is plan A and I have no need to sell.

2vdm...this share is so much under the radar that it could go back to 40p with some more solid selling. But I doubt so low because so many of the shares are in solid hands.

[big_cat] 05/8/2016 16:22

Trident - seems people needing holiday money are dumping

[titus10] 05/8/2016 16:21

More simple chartist stuff, fwiw.: the all-time high for this share was 60p, on 29/3/06. So this is a "resistance level" - possibly giving pause for thought, if nothing else, for anyone looking at the long-term history of the share price

Another "pause that refreshes" such as that between 10th and 27th June would take us back to roughly 40-43p - a similar minor reaction in practice.

Such a move would be quite normal in terms of the present up-move in price without imperilling the trend.

Personally, I'd buy back in at that level, as the "story" looks good enough.

[titus10] 05/8/2016 15:54

For anyone who (like me) took some profits recently @ 51p, a reaction to fill the breakaway gap at 40 would be nice, though unlikely.

But that's chartist stuff, so take no notice...

[2vdm] 05/8/2016 14:01

Well there will be those that jumped on board recently and took a profit, but the story remains compelling.The question is, if the decline continues where will the bottom be for those that are looking to top up or to get on board?

[lavalmy] 05/8/2016 13:46

YumYum

I wanted to the get the disclosure out of the way, so no-one will know when I am actually buying. It will be a reasonable number of shares, so I will have to dripfeed my orders. Though I still think that the recent spike has nothing to do with me, just speculative froth judging by today's action.

TP was reckoning that the market is looking a couple of years out - to me it seems the market is looking a couple of hours out.

[yumyum] 05/8/2016 13:33

LaValmy...on reflection maybe you should have stayed under 3%. If you sold to buy a NEW sofa...then you would have to report that.

:-)

[ramnik007] 05/8/2016 13:30

Decent volume today

[yumyum] 05/8/2016 13:17

LaValmy....you may have missed the sofa opportunity.

:-)

[trident5] 05/8/2016 13:15

BC -the price is up three fold since March - there will be days like this.

[big_cat] 05/8/2016 12:31

At what level of drop would the company be required to issue a statement?

[lfc4ever] 05/8/2016 12:30

looks that way- domino effect, I guess- a few sell, a few more sell, the price moves down, more sell etc.

Not high volumes though. Nothing to worry about that I can see.

[smartmoney100] 05/8/2016 12:30

I just had one of them spread bet things :-)

[yumyum] 05/8/2016 12:22

lfc4....here is your correction I guess !

Is there any news that makes the price collapse so violently ?