Member Info for bluegrass

The more shares that go through the laundry, getting bought and sold at this price, the better. Helps consolidate the rise as shares bought at much lower per price change hands.

All based on closing prices, hence the 4.95, not intraday which I can't remember now. But as I said a bit of fun so not worth dwelling on.

3.06 to 5.45 equates to a 78% rise

3.8 to 6.9 equates to a 81% rise

Just a bit of fun. DYOR.

Sorrey mistype meant to say 80%

Difficult to say exactly how high the next high will be. This figure of 8p is not cast in stone. In terms of closing prices the 2 preceding highs have been about 30% above the proceeding low points. If one takes the low in this case as 4.95 on 7th May, 30% above this would bring us to 8.91p. I know this is highly unscientific and actual figure might be higher or lower, but it is interesting to think about in terms of trends. Doesn't bother me that much since am here primarily for the full journey.

Just look at the charts. We seem to be following previous patten. There maybe a pullback at some stage but not until after we have hit new highs and are overbought again.

Think it’s more a case of when than if.

I was in the red, about 25%, on and off when I first invested. Panicked a bit, sold a few, rebought more, all good now with descent cushion. The result of my messing about was a higher average and had to put in more money to rebuy my shares.

The ups and downs have been happening since I invested, but the overall trajectory has been upwards. Expect this to continue.

Canilla I can see from your figures that the average trading for March and April are similar, however the volume increased significantly around the spikes on 20th March and 20th April and then reduced to a much lower level as the SP consolidated. I am reading into this that the appetite to sell below the current level has diminished and that we will most likely now stay around this level until the next news, hopefully positive, has been so far. It may take a few goes to restart the rise off this level and probably needs some news. Certainly don't see any evidence that any particular party is 'offloading' as you put it. If previous directors are still holding I don't see why they would be selling now more than anyone else. They may have been rubbish at taking the company forward, but they seemed quite good at looking after themselves and to me the best way of making some further money here would be to hold for a while longer.

Don't think there has been any offloading in quantity. Think you are overthinking this. The volume of trading is relatively low and assume the total number of trades includes both buys and sells equally. There are a lot of large holders here like Ontarget that may do a bit of trading on the side as the sp goes through the cycles.

Think your making too many assumptions. We have no info on who was buying and selling. All we know is that the volume has been low and that is a good sign during a pull back.

Price only hit 7p for a very short period and only a very few would have been able to sell at that price without sustained buying also. The rise above 7p seemed to trigger a selling phase which dropped the price to current levels. I am very happy as to how the price has consolidated at this level with only a low level of trading volume. The SP seems to be picking up now so it would be a good time to get some news to give this an extra boost.

Not sure it is pervious directors selling. Whenever we have had a dip the previous discredited directors seem high up on the agender to take the blame. Not sure if there is any info out there to say how many they still hold if any? The volume has been very low and the selling patten doesn't really suggest this.

The patten of the chart over the last 6 months has been steep rises followed by periods of consolidation. This does not seem to have changed. We seem to be transitioning into a new rising phase again now. Hopefully!?

When it starts ticking up like this I always wonder why anyone was selling into the dip. The rise back up seems almost inevitable.

Sale price ticking up. May indicate buy order being filled.

Enjoy your holiday.

Volume is very low and in the realm of insignificant. Just a few very minor trades. It's a good sign the the recent pullback and consolidation is on such low volume as it shows that the vast majority are happy to hang onto their shares at this price. I would expect the sp to bounce back on some news.

Quite agree with your points on consolidation canillasboy. Also if you pull up the year chart most of the substantial rises have happened over quit short periods followed by dips and periods of consolidation. What is happening now fits that patten and don't think there is anything to be concerned about at all . Am expecting the upward patten to continue when something comes along to stimulate a further rise, expected or unexpected. There is actually plenty of news expected.

Think it is encouraging that any sales coming along are being mopped by buyers. Also the fallback and consolidation has also happened on lower volume, which is a good signal.

Well I think its a bit obvious that someone who is holding is likely to have different opinions to someone who has sold. Someone who is holding is obviously going to have an optimistic outlook, otherwise why would they be holding and someone who has sold, less so or thinks they can make greater gains elsewhere. There is also the possibility that someone who sold is hoping the price drops further in the hope of buying back in lower so may make negative suggestions. If you sell out of a share it is always slightly annoying if the sp continues to rise a lot. Suppose people are looking for validation on their reasons for selling. It's always good when people are honest like Overhyped and not underhand.

Personally I don't see why you would post about a share you don't hold. I don't have the interest of time for that.

Well done. Its always tempting to do that when in good profit. But if you don't mind if you are not holding I think that has to be taken into account slightly when reading your posts.