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I prefer this post from Bastimentos that nobody commented on... http://i.imgur.com/zAUt5.png I know 'Shares Mag' and Daniel Dtewart haven't got the best reputations but at least it's a 'buy' rec! MOrpheus, let's hope we got the bottom!
LOT ARE SO CHILDISH!
Yes, it's defo .41 of a penny. Not even Jesus could get it to 41p, too many shares in issue. There is much more info over on iii by some long termers who attend agm's and everything. There's a fair bit of scaremongering to filter out but many good points nevertheless. Gl.
http://www.my-share.co.uk/Broker-notes-May-2011/broker-notes-may-2011.html "Biome Technologies initiated with buy rating at Daniel Stewart, target price 41p." Holy sh!+, what's that make 'The Lord' over on iii? He'll be in Britains rich list!
I don't want to be a kill joy but it's a little naive to think that 2.5m shares will underpin the sp which is what, I reckon, they're hoping. The same happened with Hawk after their agm, tiny director buys at 12p. It's now sat at 6p. However, buys are buys but good news is what's needed here.
Is that bio degradable? Lol! I jumped in here at .28 on the way up from low teens like a muppet! Bought more at .19, sold all at .33. Bought back at .24 then .21 and dumped all at .28+ yesterday. So, doing well on the buy low, sell high strategy. I think there'll be more opportunities to repeat but maybe better opp's out there for a quick return. Trouble is, when you 'know' a shares trading range, it's high and low volume movements, it's tempting not to get back on board when it's at a 'bargain' price. Played sar like a well tuned piano doing exactly this but had my pants down when it flew to 4.8p! This could easily stretch it's legs on good news though when that will happen, god only knows!
...and go away!" I've just realised I'm out of everything by pure chance :-) Watching loads now with baited breath... Lloyds at 50p has to be a buy??? And PXS at 2.5p??? Maybe I'll wait for the bin laden repurcussions first though eh? [:•\
Some minutes from agm over on iii which may be of interest. http://www.iii.co.uk/investment/detail?code=cotn:BIOM.L&display=discussion&it=le
There was a mark up first thing but investors who bought in at low .20's took their profits I guess? I did :-) Reading the rns gives me confidence for the future of the company and I will buy back in when the dust has settled. That they've signed a debt facility with Fortis Finance shows it's been under heavy scrutiny by a team of geeks who are also confident for the future. Get the cash burn under control and biooooom!
Try this one... http://investorsclub.org.uk/index.php its ok here really. They're all just 'forums' and intended for swapping research and opinions. However, many take the advice of members as 'gospel' and that's when they become dangerous places. Back to biome, buy this f@c king share NOW before they sign up with Tesco, Asda, Sainsbury's, and Morrisons, shaft the Italian patent litigation fraudsters, and build a new Lego Land in Kensington!