Weir Share Discussion Threads

[janeann] 05/11/2012 08:16

nor I; i sold out at end of last week and expected thered be down or level this am!

[phil140158] 05/11/2012 08:10

I wouldn't have thought that an IMS like this would result in a share price spike. Shorting certainly does cause marked swings in the share price

[tratante] 02/11/2012 16:03

Still a lot of shares on loan, over 20%.

[speedsgh] 02/11/2012 14:26

WEIR needs to post a new recent high otherwise it's in danger of starting a new downtrend imo. Should get guidance from the IMS on Monday -

[tratante] 30/10/2012 15:30

I hope you appreciate my act of self sacrifice! Happy to accept donations from the profits you make! I am hanging on to the rest, a sort of each way bet. Time will tell.

[phil140158] 30/10/2012 14:23

Oh tt! What have you done? Don't suppose you would consider selling some more of your holding! Phil

[tratante] 29/10/2012 11:01

These will fly today and a takeover will be announced on Weds by GE. How do I know? I lost patience and sold part of my holding on Friday because I feared a down trend was developing. I usually do the wrong thing! Good luck all.

[phil140158] 24/10/2012 17:38

tt - they say these 'gyrations' are buying opportunities. Well done, UHOUND 1653 looks a good buy for a day trade. Has it got further to fall, possibly with 22% of the shares on loan?

[tratante] 24/10/2012 17:17

These gyrations are so frustrating.

[apad] 24/10/2012 08:44

Stock on loan up to 22% (all time high I believe).
We were at 1400 in June, the market clearly believes this is possible again.
Global slow down with a falling oil price also a strong indicator.
apad

[uhound] 24/10/2012 08:28

Why the big drop this morning?

Have added at 1653!

[gymfit] 12/10/2012 10:39

MGRC profit warning put a dampner on this one

[broadwood] 05/10/2012 12:56

John Wood group results helping today, I suspect.

[phil140158] 04/10/2012 18:27

I'd be grateful for guidance on today's holding RNS. The way I read it is: on the 12th (?) August Blackrock took out another CFD for 1000 or so shares which took them above the 5% trigger (5.01%). Their holding is entirely CFDs. Am I right and why take out another tiny contract just to go above the 5% level?

[tratante] 03/10/2012 14:26

Looks to be forming a pennant.

[phil140158] 03/10/2012 13:00

Quote from Bloomberg Businessweek:

General Electric. Burrowing deeper into mining.

After bulking up its energy portfolio with $11 billion in acquisitions during a six-month run that ended in March 2011, General Electric is planning to spend big on mining equipment and services companies. The company announced the creation of a new mining unit at an industry conference in Las Vegas on Sept.24 and said it is targeting $5 billion in sales within a few years. GE generated about $2 billion in revenue last year from mining. etc. etc.

More fuel for the fire?

[broadwood] 03/10/2012 07:00

Goldman Sachs Weir Group PLC 03/10/12 06:54 Reiterates Conviction Buy Conviction Buy 0 2,890.00 2,890.00 0

[matt123d] 02/10/2012 09:23

A break of the 1840p area and the next area of resistance is 1865-1885p after that the top of the upward channel targets 2000p.

[tratante] 02/10/2012 09:14

yes looking more resiliant this time. If it can just hold on above £18...

[matt123d] 02/10/2012 09:09

Broken up through its down channel from mid Sept this morning.

[apad] 02/10/2012 08:56

But the Tintins don't agree:

FLASH: Credit Suisse downgrades Weir Group from outperform to neutral, target price reduced from 1850p to 1700p

apad

[apad] 01/10/2012 19:10

The 50ema seems to be determinedly heading for the 200ema.
Surely this trend must be causing the shorters some concern, but there is still loads of stock on loan.
Fascinating.
apad

[phil140158] 01/10/2012 17:01

tratante - if it follows the usual pattern - a short for tomorrow is in order!