Member Info for Davius

Looking pretty dire, at 6-6.5 (2-2). It's on my watch list but I've only been in once, back in April and sold after a couple of weeks at 83.75p. If they can get the finances sorted then they might be worth a look, the risk is serious dilution from a placing. If they tried to raise enough to clear their debts the dilution would be catastrophic. A shame for the company as profits were forecast around £2.7m this year, almost as much as the current market cap.

Not in these, but for what it's worth, level 2 showing buys of 63K and sells of 452K indicating a like further fall in the SP, and just dropped again and into auction at 4.9p.

The fall of SMC Group has been spectacular. News today is that they need to look at significant fundraising to meet their financial obligations and the shares have collapsed 40% since yesterdays close, the company now being valued at a tad over £3m. The shares are down 96.5% in the last 12 months. Perhaps a little early to call this a recovery play, until the financing is sorted out.

LONDON (Thomson Financial) - Shares in Worthington Nicholls, suspended last week in the wake of write-downs, were lower in early trade, with Daniel Stewart reiterating its 'sell' rating. At 9.31 am, Worthington Nicholls shares were down 2 pence, or 11.4 pct, at 15-1/2, a record low. The air conditioning group has been further unsettled by a weekend press report claiming former chief executive Mark Worthington became so friendly with Gavin Haywood, a salesman at City broker Blue Oar, that he gave Haywood's wife a Porsche. In a note today, Daniel Stewart said it had moved to 'sell' from 'hold' based on the pre-suspension share price of 17 pence. Its new target price is 6 pence. The broker said the "key to the whole mess" is Worthington Nicholls is, in fact, loss-making but the old board was hiding the fact. Following Friday's revelations in a trading statement, Daniel Stewart said it considers it almost inevitable shareholders will initiate legal actions against the previous board and their advisors. It recommended the FSA and the Serious Fraud Office also investigate, adding Worthington Nicholls as listed has no value.

After a hefty fall last week on a profits warning, these are rebounding strongly today. I did try to buy in at 94-96p this morning but was unable to trade, buys kept being rejected. The Times at the weekend reported that the fall was overdone given the insolvency market. It's not clear how much further they have to recover as they are up 23% already today. I would have thought a rise to 120p or so might be possible in the short term. There seems to be a persistant buyer picking up stock in repeated 2500 share blocks.

Not sure, the MMs marked the price up at the open, since then there have been 8K of buys. Very small quantities available to trade though and once the initial interest has died down this is a very thinly traded stock. I'd expect the share price to drop as quickly as it rose, but from what level is anyones guess. The MMs have not moved the price higher since the open though.

When I posted you could buy in at 25p and at the close sell at 35p, so although technically the price more than doubled the net return would have been 40% less costs. Not to be sniffed at of course, but very few shares available to trade, a grands worth if you were lucky. I was tempted but by the time I'd researched a little the buy price was 30p and at that level I was no longer interested. The problem with these very thinly traded shares is when you try to sell them, you can get well under bid on any kind of a decent holding. No idea what they'll do Monday, double again or half, anyone's guess. However I've gradually been increasing my holding in EO and plan to stick with them until the gas storage unit is hived off, so probably a lot less in the way of punts for me in the coming weeks. Will post any more prospects I spot though.

Just happened to spot this news release: SANATANA'S NEWLY DISCOVERED DHARMA KIMBERLITE IS DIAMOND BEARING Vancouver, British Columbia, Canada, December 7, 2007. Sanatana Diamonds Inc., ("Sanatana" or the "Company", AIM: SAN: TSX-V: STA) is pleased to announce that it has received the first batch of caustic fusion diamond results from the Company's newly discovered Dharma kimberlite pipe. These results were generated by Thunder Bay Diamond Services(1), which is operated by Kennecott Canada Exploration Inc. This first batch weighed 339.18 kg and is from 21 separate samples of split NQ2 size drill core from the discovery drill hole. Approximately one tonne of kimberlite has been sent for microdiamond recovery and the results from the two remaining batches will be reported as they come to hand. In total, 180 diamonds greater than 0.106mm have been recovered, which equates to 531 stones recovered per tonne.

Tempting to get back in, but I wanted a drop to sub 50p. Doesn't look like it's going to happen as rising again now. 52.25-52.5, buy volume 128K sell volume 72K.

We're on 1-1 @ 54.5-55 (10K-3K), buy volume 119K, sell volume 28K.

You'll get plenty of them on all of the boards, offering their 'trading' advice in one breath, then criticising traders in the next. Easily ignored for what they are. Auction at 55p now. buy volume 126K, sell volume 21K. I see Tanfield ticking up nicely today too.

52-53 that should have read.

L2 now 1-3 @ 52-52 (4K-24K) Buy volume 101K depth 20, sell volume 47K depth 13

No doubt to the protestations of the grease monkey, it seems holders were easily shaken from JSG this morning. Good news for the traders though. Level 2 now moved from weak to strong, buy voume 90K, sell volume 39K, 52-52.75p. Back in at 49.5p.

There were about 4 buys at 56p before the price moved up. Then over 20 sells at that price (and higher). Latest trade, another buy at just under 57p. SPS steve? That shows as a non mover today on my screen. Very few trades and unchanged.

37.8% rise today.

Holding up well despite the selling, 16 of the last 17 trades all sells but no affect on the share price. Rumours of a bid being taken seriously.

Unfortunate that, OXS up 27% today. JSG now top riser of the day, OXS third and JRVS at number four.

I take it that was a little irony? I tend not to get hung up on percentages, any profit will do but if a share stalls at say 9.6% I don't hang on for that next quarter penny tick up. It's been a very good day. Huge slump in TAN, then a recovery (bought at 132p out at 139p), good profit here, and made a little on JRVS. EO recovering from early fall and CFM up too. You still with JRVS?

The sell side of the order book went to just two orders for a few seconds. Out a little early perhaps? Still best not be greedy...