Wolseley Share Discussion Threads

[mak600] 11/1/2011 12:27

Deegs - is the Citigroup note available?

[deegs] 11/1/2011 12:23

...bullish note from Citigroup i presume is the reason

[harvester] 11/1/2011 11:55

Big jump up today. What's going on ?

[alphahunter] 11/1/2011 09:09

Wig, I never use non-guaranted stops as these stocks do trade continously on the AT.

I sometimes guaranted stops for stocks that trade by appointment (e.g. gap) or special situations (take-over chatter) or ahead of an expected price sensitive announcement with binary outcome (say large contracts or drilling updates). But more often than not, the guaranted distance is wider than what the bell-shaped daily distribution of return would suggest it to be fair.

In short, less than 5% of my equity trades use stops.

[wig123] 10/1/2011 19:29

3rd coat of gloss now bone dry, can we resume the downward spiral now please!!!!!!!!

[wig123] 10/1/2011 08:51

It will go soon enough. zzzzzzzzzzzzzzz!!!!!!!

[riggerbeautz] 08/1/2011 09:50

Exactamundo bot's.

Don't forget the pass, just so they let you out.

[wig123] 08/1/2011 09:44

morning rigger, probably find we are up against the bots as well considering the minute trading range of yesterday morning.


off to Woburn Safari today, got a penchant for monkeys at the moment, must be the company I'm keeping of late ;;-)

[riggerbeautz] 08/1/2011 09:24

One thing to add, tracker's will buy relative to index performance, so if the volume is relatively moderate and index going up, there is your support.

[wig123] 08/1/2011 08:41

Alpha, who's to say why the market/fundies are still buying stock on a pe of circa 18+ , madness in truth, coupled with the fact that you say no great amount of stock is out on loan could indicate that the long positions are not being hedged, in which case when the sell off does start it will indeed be a sell off proper.

With the low volume yesterday I'd imagine recent shorts may of closed for a few points over the week, however as mak says we may have to keep an eye more on the technical than sentimental side here.

As for burst pipes, perhaps, but equally it could also be to do with the price of copper. If WOS have a huge worldwide stockpile, or have hedged their copper prices at lower levels, then indeed a few quid could be added to their bottom line going forward.

I doubt however that even if copper went to $20,000 it would justify WOS being worth twice as much as it was only a few months back. ;;-)




ps. do you not use stops? I have the same problem at times and tend to add as the price goes against me. lol!

[mak600] 07/1/2011 23:02

technically it looks this 2000/2100 level is proving to be a battle between bull and bear over the last four sessions, a break above 2130 on volume and we might be in trouble, i'd still say the odds favour a pullback to the 1750/1800 range though. A helping hand from the markets wouldn't go amiss ;-)

[alphahunter] 07/1/2011 18:22

Well, my fingers are getting burned fingers here, having placed a short at £18.50
The UK construction industry slowed down markedly in December, partly because of the bad weather - yet it's brushed off. The amount of shares on loan is not even huge, so no short cover to speak of. The only thing I can think of is all these pipes that burst recently with the coldsnap or a very decent update with strong margin expansion.

Any ideas on this board?

[wig123] 07/1/2011 07:53

Dont fire until we see the whites of their eyes!

[riggerbeautz] 06/1/2011 20:26

Markets turning across the water.

[wig123] 06/1/2011 19:54

Normal service to be resumed on the morrow. Word has it that Paddington and Goldilocks's firm are getting aboard!

[wig123] 06/1/2011 16:30

managed to get back what I closed yesterday, 3p discount but dealing fees gets me back to square one. lol!

[wig123] 06/1/2011 10:11

Ftse100 rallying hard and muted here.

[wig123] 06/1/2011 09:53

This stock shouldnt even be in the 100, if it wasn't for the scandalous price manipulation of the last year or so since rights issue and consolidation. IMO of course.

[riggerbeautz] 06/1/2011 09:47

If ftse falls though mak, i'd expect this to be a good diver from this position.

Sent you mail romeo

[mak600] 06/1/2011 09:44

gone short WOS, but it's a ftse100 constituent and as Rb says, it's likely to track the market so we'll see where it goes.

[riggerbeautz] 06/1/2011 09:26

WOS looks destined to track markets. See you over the way.

[wig123] 06/1/2011 09:21

anyway at least wos is rising so I can get my stock back ;;-)

[wig123] 06/1/2011 09:19

ha!ha! did you see cnr rns? should of stayed short ;;-)

[riggerbeautz] 06/1/2011 09:17

wig was you heavy breathing at the time, perhaps she was having a panic attack.