Not in here (though have been before), but pleased for you that 8p support held - when that was breached earlier in the day, it did put me off. Will be interesting one to watch next week.
Brave move - seems in a bit of a down trend at the moment. Have you bought in as a play on FJET but with some downside risk protection from their other operations?
Agree - but what also gives confidence that the contract must be fairly watertight are the recent November directors' deals - either they are deluded or they are confident about the contract and the legal outcome. I've gone for the latter and I guess time will tell. The yield is a nice 16.5% at these levels.
Yes and if you look at the CLON board on here and iii you'll see it has been plagued by talk of litigation against Endeavour - another company in the same group. There's a significant lawsuit outstanding against Endeavour brought by Hunt Oil - no one seems to know for sure how/whether it will affect CLON - opinion is divided. It could certainly hit the directors (common to CLON and PET). Question is whether it could impact PET? Anyone looked into that? I suspect it's CLON only but others may have delved more.
Disagree - it's based on candlestick chart analysis and is often right. It won't always get the bottom or top right, and if you sold everytime it said I'm sure you'd lose on charges, but it can be a useful aid to time entries (and exit).
It's getting a bit close to my stop loss for comfort! Odd to see it close down - more sells than buys in terms of number of trades perhaps but not in terms of actual volumes, where buys seem to outweigh sells?
Glad to see someone's still buying - decent late reported trade from this morning well above the ask. But otherwise, we close the week treading water again.
Looks like jolly was right (though 27 support does again seem to be holding). I thought warren buffet always said share repurchases were a good thing if company not convinced it could get a better return for that capital? And if it helps to stabilise the s/p here ...