Member Info for mikepenny

please go away - this is a safe house

just come in

Sorry 4 the lack of response today. Had a long day at work and only got online here and there. See why you exited based on the situation you were in. I never short really just follow indicators here and there and am happy to wait to get my gains. Obviously, every now and then you pick a company that looked ok at the time then ended up a dud (ldp in my case) but you live and learn.

Difficult to say what impact, if any, this may have. The US issue is still in play and I know which one I would rather having a successful outcome from!. All rather clutching at straws imo as PRTY has fingers in so many pies I doubt an impact from German gaming would be in any way substantial. With the merger, the market leverage will only increase and so new markets and global power will only increase for PRTY all good as far as I can see. So it drops 10% short term who cares?. They are making money and have no real debt which is better than probably 40% of listed companies.

and bounced back - will we get a re-test?

you're right. Have seen some very good chartists get slated recently when they have simply given their opinion and laid the facts out. If you invest, you have a responsibility to chose your own entries/exits and you can't later blame someone else for your own losses. Charts are very useful but they count for nothing if drastically bad news arrives. PRTY looks to be headind down today but it's no biggy let it go down and move sideways - we can all pick up some cheap offering and wait for it to pick up an upward trend and take the profits

swing trading isn't a mugs game at all if you can spot the signals and chart patterns. Know when a share is overheating and oversold. If you are really good, you could play with candlesticks and know a doji is a good sign of directional change and bollinger bands, adx etc are all helpful to aid entry/exit levels. Due to the merger, I doubt there will be much movement this week but it could be useful to 'show us the way to go'. No disrespect superwhip just my take

never sell at a loss unless you're sure the company is going down or you need the money desperately. Just checked my charts and it does look slightly bearish due to:- market down today, sector down today. However, we all know it's simply as case here when, not if, it goes up. I've luckily got some spare cash to spend if it does go down current average being 200p. Just waiting for strong signal either way and at the minute reading my chart it could go either way but if it dips I VERY MUCH DOUBT it will fall lower than 160 so offers the chance at topping up. Either way, my view remains positive http://www.digitallook.com/companyresearch/111163/PartyGaming/share_prices.html

is a worry but im happy to continue to take some cheap shares and let it climb in it's own time. Either way it looks very oversold. If it creeps down as far as 160 ill top up and gain more profit when it rallies. Imo this will be a money maker soon enough so hardly time to stress - simply take the opportunity to average down.

Minor support around 172 and resistance around 205. Stoch pattern following what happened around 12th November so with good fortune and a tailwind, could be a good week.

quite weak support around 205p by the looks but had some good buying pressure last few days so should help to push this northwards imo

helping the price to slowly trickle upwards. Roll on finalised merger and then we can climb up further. 260p end of feb would be ideal and realistic

we are now reaping the rewards. I had money stuck elsewhere but good luck to all that held and now the profit is here

if it falls by 20p i will be topping up it's not a problem, the bottom looks almost (if not already) there imo so I can wait for a few weeks to get my profit no sweating involved at all

another 50p and it will be happy days for sure. Don't think we will have to wait too long for that either.

It doesn't look bad at all the price currently reflects the market uncertainty if you ask me with regards to the newspaper industry. It does seem bottomed out so should see the volumes and price rise between now and results time. Who could possibly turn down a quick 10-20% profit not me thats for sure!

http://www.moneyweek.com/investment-advice/penny-shares/manufacturers-returning-to-britain-05013.aspx

thanks for the advice, the sun tend to make a lot more money than tni's whole asset portfolio so a rather intelligent steer in the right direction. But I am in this for profit so will be taking a little punt here for sure. GLA should see a steady upward climb in the very near future imho

check the news! it's been floating at the bottom of the pond for almost a year. the recent bounces were simply games being played to up the price in order for the majors to get rid of holdings. They didn't really have much to sell other than some crazy dream: "ahh yeah, anyone fancy doing some kinda intranet learning thing for kids? - ok sounds like a good idea whats the concept?. "Well, I thought we could sucker some education providers into a free format that works akin to a social networking thing but only within the school boundaries". So how we gonna make money?. "Advertising I would imagine". Sounds great but what if nobody wants to advertise? "then i guess we will start charging" What if the schools then baulk at the charge element?. "Oh then we go bankrupt. Cheers IMJ (I AM JUICED) you have provided me with laughter for quite a while now. Here is an ode to you http://www.youtube.com/watch?v=d7AilmVoX5Q

nothing to do with me mate im not even in the share was simply posting research that seems rather light on the ground on this board, good luck to all the holders i nearly got caught in ctt but whipped it out week before suspension. One of my first punts was playgolf and i lost a few quid when they went into admin hence why i do a bit more digging now but high risk = either high gains or zero that's life