Member Info for Bluelight

Yes Philip I am. I dont feel the slightest need to badger the company for an update that they wont and indeed shouldn't provide. if you arent happy with your investment then sell it, its an easy solution.

Perhaps she is tired of holding the hands of needy individual investors... I know I'm tired of reading about it on this board...

My word there are some whinging so and so's on here lately. I know I've had my moments myself, but gees, chill out, it's only a share.

Its a very obvious tactic. We drift below a support, suddenly theres loads of new accounts banging the doom and gloom drum. It is such a waste of everyone's time that they do it when the price is so low (as they wont be able to push it far, law of diminishing returns), but we all have to play the game... Personally I block most, or simply dont even bother reading the board on such days. It's not going to influence me in any shape or form.

It is nice to see the sheer number of investors who appreciate genuine information and an opinion based on fundamentals. Of late this board has become virtually unreadable due to the number of people trying to be negative to force the price down for their own ends. I've usually got so many green boxes here that I'm thinking of starting up a garden centre. Posts such as Poldsters are the reason why genuine investors still check in.

Its not optimism Scotsman, that has long gone. It is realism

There are many triggers for it to go up, some known DHSC conclusion etc, new orders, new products etc. Some unknown or guessed at. At this price (and indeed much higher price) the potential upwards drivers outweigh the negative potential drivers by alot. So for me its a no brainer hold. I wouldn't add more until we see a sustained rise, but it is not even slightly a good sell here. Just no value left in it to sell at this level.

I don't sell companies where there mcap is virtually on a par with its cash, especially so where it is earnings positive income. Each to their own though. Irrelevant price whatever it is. Even the wife has told me its not worth selling it here, so even if I wanted to sell it I've got no chance ;)

Avacta did this very morning...

There wont be share backs. As Larry says its an option it's not a firm commitment. They have zero interest in supporting the share price so why would they waste their money sinking funds into shares when it could be used to actually grow the business.

Well that was a thoroughly NCYT day. The oxford dictionary defines NCYT as uninspiring, underperforming, lacklustre...

To be fair, I don't discount technical trading. It is important to use as an entry/exit indicator, but for me so many people use it as the be all and end all of trading, they are basically just computers. Nobody should use technical signals as their only decision in trading, need to at the very least weight technical trading decisions to factor in sentiment and fundamental market factors. I know a few excellent tech traders, professionals, but even they dont solely trade on numbers on a chart.

If it gets to £54 I will take back every bad word I've said about technical traders...

My spider sense is tingling again... Lets see if we can get the next leg up. There's no reistance between where we are now and that mythical fibonacci level so many people seem to love.

Just as I say it the rocket has been fired up...

I think there are alot of people sat on the sidelines with itchy trigger fingers looking for a sign its going to rise again. Any kind of sign an we will rocket again

250 isn't the support, its c246. 250 is just a psychological number, but it has traded below that pretty consistantly over the last week or two. It hasn't however dropped below the mid 240's so think you'll be pretty safe ;)

Don't know why they waste their time, must surely be better returns shorting other shares

Part of the problem we are where we are is the plethora of people who think they are expert technical traders. When so many people believe something it becomes self fulfilling, regardless of fundamentals. Charts have their place in trading, but at times we are solely beholden to them and as such I lay the blame of such a low price to a large extent at the door of chartists. Chartists arent investors they are traders, personally I have little time for them.

I get it through a bloomberg terminal I have, but it costs around £1500 a month. If you don't want to stump up there are some free sources that upate less frequently. Others can provide you with the sources as I dont tend to use them personally.