Member Info for bonker99

SCH. http://www.business7.co.uk/business-news/scottish-business-news/2011/04/06/balhousie-care-group-makes-senior-hires-106408-23042457/ Hard to see that in a positive light ...

very "manipulated" ...

SFA as usual you mean?

Wheres todays bid rumour? Oh wait, its ticking up, right on time ...

blame myself or anyone else for mis-timing a re-entry or exit on this, it's an absolute basket-case of a share and utterly random in its behaviour for the last week based on SFA ... That said, given the volume and uber spikes we're seeing, it wouldn't surprise me at all if this shot past 30p on some actual, y'know, NEWS!!

I sense a whopper at 16:35 ...

There's news???

.

though I had the nuts for this share - dunno now though, it's all over the place!

Better bail if you're in at double figures IMO ...

told me to bail first thing this morning before this latest big drop so kinda lucky I guess although I'd already given back some profit from last week ...

People's attention is on Yell etc I think ...

a kicking today I fear ...

It's bouncing up as I type and it'll be doing this between 13-16p til the next RNS/real news so I'm comfortable with that - pity about the doom-mongering Times article but as y'all know, in this game there's always people wanting to talk an SP up and people who want to talk an SP down but reality will hit soon hopefully .............

to see this dropping 2-3p on opening after that Times article yesterday. Seems to be plenty of support at 13p though so I don't imagine it's gonna go down much further - certainly any lower than 12p I'd see as another buying opportunity ... Looking forward to another RNS later lol

http://www.telegraph.co.uk/finance/financetopics/profiles/8166181/Southern-Cross-disorientated-by-austerity-Britain.html I hadnt read this when i made my comment earlier today re the fact that Lloyds are one of SC's banks but its referred to in this interview in exactly the same context as i meant it... This is a highly political situation, all the more so after the march in London re public spending cuts and theres no way these guys are going down in anything like the short-medium term, esp when theyre backed by a publicly owned bank...

The fact they have Lloyds as their bankers also gives me comfort ... If you know what I mean ...

Nothing in there i didn't know already ... That landlord can gob off all he wants but he faces empty properties if SCHE go under and that's gonna screw him a whole lot more than a 20% rent cut ... It may well be that the SP will shift downwards on opening but this is still the same scenario as before - a decent punt with a very real prospect of a 30-50p SP on solid news of cheaper rents, maybe much more than that with a bid/added equity ... I'm staying, this has weeks to play out yet and anything could happen in that timeframe ...

Well I read that as a mixed bag - perhaps we're going to see some homes close where the landlords/LAs won't/can't play ball and others will give some slack to SC. My guess is that's probably the likely outcome and, strictly financially speaking, that should, in theory, see a better business come out the other side and you would expect a possible monster uplift in the share price - this is far from being some ten-bob outfit after all ... The logistics alone suggest that this can't/won't be allowed to go under completely, never mind the press fallout etc as other have alluded to. I still think we'll end up with a balanced outcome from this with some homes being closed due to intransigence of rent collectors and others pressing ahead having been given some breathing space (in particular I'd have thought cos being invested in property sure as **** ain't where you want to be in the next 12 months anyway, right? So some rent is better than boarded-up windows!) - again, that should be good news for the SP but WTF knows where it could go - could be 25p, could be a quid!

that the late SP drop was caused by the RNS (which I totally don't understand but I'm a noob, so ...) but could also have been driven by the MMs prior to their huge buys to get themselves more value - I dunno, it's all guesswork :) Hard to argue with institutional buying though plus what are clearly massive punts by people with a ton of money to gamble - they may be as ignorant as us of course but the only thing that's guaranteed here is that every day that goes by gets us one day closer to the "big reveal" when we all find out whether we're getting 1p or nnnp a share for our punt ... :)