Member Info for boredmum

Simply that the price was starting to drop so I thought I would sell and bank my profit. I didn't sell at the top (I always miss the top). A couple of weeks ago I got £300 profit from this in one day, after the price dropped back down I bought back in again, this time I got about £150. My reason for selling is nothing to do with the actual share but more to do with the fact that I have learned a lot of lessons in a year of trading and for me I now bank a profit when it presents itself. Of course it could be a risky strategy as I could be out when the rns is released, I figure now that if I miss it then I can either a) buy in at a higher price or b) wait for another opportunity to present itself. Everyone has there own way of investing, for me my way has changed from when I started. I don't mind saying that I made a lot of losses last year but for now I have a way that seems to be working for me.

On line yesterday, I sold a couple of lots at 10,000 as that was the limit. Phoned the order in this morning as it was down to 5,000 to let the last of them go. It's took me a long time to learn that it is okay to take small profits when they present themselves, you can't miss out on what you never had. At least now I'm starting to make headway on the losses of last year. G.L. All

Typical, I just sold the last of mine. Best of luck to everyone.

Some interesting points raised here. It is always good to look at 2 sides of the coin and weigh up the risks. I guess it depends on what you are expecting from this share, longer term investment or catching the peaks and troughs.

News hasn't been confirmed for today. The results of the scoping study are overdue so people expect those soon, also there is talk of some other news to go along side it. I believe the results from scoping study were originally due end of December. I only bought in first time a couple of weeks ago just as it was spiking, I done well so sold and went back in again after the retrace. I sold half my holding today and would like the opportunity to come back in on a retrace again. I hope I get that chance before results are out otherwise I'm sure it will cost me to come back in. G.L.

please note that these are online limits, I'm sure if I called my broker they would go to market and get a price for however many I wanted to sell.

If they had lots of shares to shift then you could buy shares in larger quantities. If for whatever reason they are trying to restrict sells going through (mabye they have lots of shares and aren't keen on taking more) then limits for selling are low. I just sold 10,000 as that is as many as it will take from me.

yes, 2.89 was the last buy to go through (I tested a buy and that is the current price), to sell I can only sell 10,000 at a time online for 2.52.

Just tested an online sell with this and it would not take it, the highest quantity they will take is 10,000. I don't think that is a good sign for now.

There are lots of buys coming through today but nothing sizeable, I don't think I've seen anything over £1k so all p.i.'s. However the sp is ticking along nicely so let's hope it continues and that the anticipated news isn't far away.

If these do what they done last time they spiked I will be so pleased. G.L. Everyone

This is looking nice ahead of results. I'm only in for a small amount of shares but some really nice movement on this, I hope it continues. Can anyone confirm when results are expected, I've not sourced anything definate yet.

bw72 is correct about the spread on this, it can be a killer and can change in an instant. For some reason it is not taking many transactions to move this, Woody85 it will pay to watch the sp closely on Monday/Tuesday. If you don't have level 2 then shareprice.co.uk is good for live prices. Hopefully the anticipated results will be good and fingers crossed they are not written too much into the price today. G.L.

Well it would be nice if they gave you that rogue price. ;-) Hopefully with the scoping study due we will see it soon enough. G.L.

I'm a bit unsure what your earlier posting meant. You said you sold 6000 shares at 3.95p that you bought yesterday but we have not seen that price over the last couple of days? Hence why I asked if your posting was meant for another board.

Yes, I really hope this gets a rerating at some point. I bought in as based on the NAV it was a bit of a no brainer. I'm not sure what is holding it back. I think some people are wary. Certainly a lot of shares in major shareholders hands. Hopefully it will come good soon.

I hope that was meant for another board. I'd be gutted if I missed 3.95p here. LOL. I believe we've only seen 1.88p and 2.13p this morning.

A poster over on ADVFN stated that HSBC had actually reduced their holdings and not increased, he contacted them and said a renewed rns was produced. I believe they went from 10.12% to 9.99%. http://www.advfn.com/cmn/fbb/thread.php3?id=14522993

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2083475&source=RNS

Sorry that should have been prior to 8am opening, not 7am as I stated. G.L. Here.