1% of the company shares bought today should cause liquidity problems later and a skyrocket similar to yesterday on GCM (no ramping intended)
I think you maybe right. I only wish I had got in first thing this morning.
I'm in at 0.9p hopefully I'm not too late.
Managed to get in at 0.9p hopefully I can get at least 0.2p rise from these today.
I'm trying to buy in but my broker won't let me market order
Do you think these are worth a punt after I come out of where I am?
Price monitoring extension A time extension to the auction call period. It occurs if the auction match price breaches price tolerance limits. The extension allows further entry and deletion of orders. Price tolerance level The percentage up to which the price of a security can increase or decrease from the base price. I hope this helps. Basically I think the spread on this share has gone to wide and the Stock Exchange has givien it an extra 15mins to sort itself out.
MEC issued an RNS just before the close. It sounds good but read it first as see what you think. I may come back to these in a couple of days but I would like to see how it performs first and read the board for information before committing
Be careful with MEC. news looks bad but it does everywhere. PWC have been called in to review MEC and its covenent test. Maybe in a day or so we should here something but certainly by the New Year we will here whether MEC live or die. NSAM still breathes normally but MEC maybe death-rattling. Who knows.
It would do somethig if I bought into it but I'm stuck with MEC for the time being.
Thanks for your advice as well as searcher. I was looking at NSAM but wasn't sure. ADSL I'll consider as well UEN was one of my alternatives but I thought I've give MEC a go but got caught up too badly. I also know my luck and the day or te day after I sell the thing will grow wings and fly. I'll see tomorrow and assess what I can do. Thanks again both you and searcher for your advise
I feel the same way as MEC and after seeing similar drops on TW. MEC.(last time it went to 0.9) UEN and PFD (twice, caught the second one slightly early) and TNI. (the day after I sold them) and HBOS mostly in the last month or so. I would kick myself if they shot up Monday afternoon or Tuesday but I will reearch these and another share on Monday and decide when I see what trades are being recorded for MEC. If everyone is dumping the share I will. If not I'll ride my luck and maybe come in on these later.
I'm thinking of bailing from MEC tomorrow but I only have limited cash. What is your opinion of a return on this share?
What is your opinion on this report? I was thinking of buying in later but I'm scared off now. Especially after some of the comments they added later about 'zombie status'