Member Info for Ridingwaves

Bear markets shift the game around. So you right the percentages change for the signals. There is no real momentum to follow through. The energy that has forced market down has to attract together at the moment it is just fragmented turbulence if that makes sense. I believe that is why trends and other signals are shorter and less predictable. You did well to have the stop in place. SHFT for me can bounce around but i feel it has the strength to pick up quite fast. There is a risk because it has a smaller than usually number of shares that are in trade therefore movements can be quite large. You are right have a few stronger shares ready and waiting to be investing is the way to go. This is a great time to start to line them up as it is a time when value is created because some will be oversold along with some of the dross. GL

Are you still here........I think quite a few have been shaken out before today. Still nothing has changed really, it a great investment. I think it just being traded like a commodity share sometimes which is strange because it has long term contracts. GL

Did you go for BLNX......i sold today for a small profit. Lol Hardly worth the effort. SHFT recovered nicely, TSTR still waiting for news. Others up slightly...... Not a bad day, but it does feel like walking through treacle to make progress. Jonc.... See you were stopped out of lloy before the worst. But LLoy is going to be interesting play soon, it is just a matter of waiting for the right combination of News because this is becoming a good set up. GL GL

Nice chart on AYM........agree with your analysis in the current market. Certainly one to watch and wait. Has potentual but the risks as highlighted are evident in your chart. Gl........

Agree.....if you are going to invest, invest in quality and a track record. It will settle. You know what they say when every one is telling you that its all gloom and doom, be alert and ready. It may take a while though......

I see you are into Lloy.....You should start to see some movement in the right direction. You are right many off the commodity stocks are under returning back in the current market and the breakouts are as you say not holding as people are selling into them. Just waiting for the consolidation and turn for the market at the moment it is still undecided with psychology playing a big part. But there are certainly opportunities comming up. Patience is the key i think at the moment. Gl

Bet the MMs took a few out today. The value here remains the same a dividend in excess of 7p equalls 9%+ The business can be put in an ISA. The business has secured future contacts and business which covers the next couple of years. There is very good additional business to be won. Short term movements offer excellent entry points. But there is always risks in any business but all of. SHFT contracts are outside the Euro zone GL........

I think you are right to take profits when they present themselves on certain shares. Particularly those seen as short term plays. Bought small amount of BLNX this morning, this is only a short term one. I am starting to look at lloy again, but that may be a little longer wait. GL

I am still tempted again by BLNX as it seems to have fallen back again to the support level. Although the latest figures may not move it, the latest COM. Stat figures may as Burst Media appears to be gaining Unique visitors to its web sites, in May they were 23 rd in the States.

Well done with WAFM. HYR certainly looks interesting aswell. Like the research. Just need one of the others to move so i can free some money up. One thing with markets reacting this way, it does throw up opportunities. GL

Hi, i am still here none sold. As BERT has said this is still consolidating. The main markets are the Euro zone situation is still playing a part. Plenty of news still to come here and it is also a good international business. Gl

Sorry mate. I have not had much chance to look at your selections. Will try tomorrow night. GL. For tomorrow.

Since 28th March.... 8-May-12 07:00 RNS Re Contract Company Announcement - General 25-Apr-12 14:56 RNS Director/PDMR Shareholding Directors' Dealings 20-Apr-12 07:04 RNS Final Results Results and Trading Reports 11-Apr-12 07:00 RNS Contract Award Company Announcement - General 28-Mar-12 07:00 RNS Contract Award Company Announcement - General There are still 7 quoted tenders for an estimated 700m. These are tenders that the business was specifically asked to price up and as such therefore the News flow should be expected to continue throughout this year. The size of the remaining tenders suggest they will be with major mining companies and largely outside of South Africa where the margins are higher. Hopefully still plenty of good news to come. GL All

http://www.proactiveinvestors.com/companies/news/28838/shaft-sinkers-chosen-for-vedantas-rampura-agucha-expansion-update-28838.html Gl al

Your chart is certainly in play, although it will take catalyst to take it down that far. So for the moment i think we are probably within 200 points of the bottom. I am a great believer in these wave cycles. Also if it does it will self correct fairly quickly. You know how it works market shoots down the FEDs and ECB panic and set about introducing fiscal easing and up we go again.......i think we will be floating around for a few months yet. Plenty of good news around lol

I will certainly have a look at WIN. I generally dont invest in commodity stocks, but then again if the right opportunity arises i will. Thanks for the tip. Always grateful for prospects from respected guys like yourself. GL

Good luck with SMDR. Hope it comes good. Once they get the rights issue away should do. GL

Selections hold well. Particularly TSTR and SHFT, see your DQE also had a good day. I am still looking at BLNX which has come back into range, but at the moment i might hold back. Very tempted to go for it, thats where the discipline comes in i guess. I took a small hit on GBO sold half at 23p this morning releasing some cash. You cant win them all. It looks like some of the commodity AIM stocks have caught a few out, even experience traders here and elsewhere. All part of the game........ Not a bad day overall though. GL

Certainly has the potential. It was the £1.80 price with the same level of work that they have already secured. These are long contracts so security going forward aswell. The fundementals are strenghened more each time they secure these contracts. Good to see you invested here obviously an astute Doctor who can see when a patient has made a very healthy recovery. GL

SHFT have converted another of the tenders so are on for a record order book at this rate. Going forward this looks great. The contract win was in India for the main mining company out there so could lead to further work. The work outside of SA i believe is on a higher margin. Many of the buys were early on, but as investors reevaluate the contract and what it means to the business they will undoubtely see to true value. GL.............