Member Info for Rory1708

Good point. GSK were heavily linked in the tabloids and they never felt the need to issue a denial RNS.

Didn't the takeover rumours start around the .76 range ? If so those mugged in are still in a profiit. It was more likely than not that this would fall back below 100 given the pace of the rise. Losing the CFO has compounded the retrace but I am optimistic we wont be back in the duldrums of the low 70s. GL.

Good post Lindon. Todays performance is indicative of how this share has behaved for the last 18 months - 2 years. We usually see around three days of solid / sustainable upwards trending and then one maybe two days of absolutely stellar growth in price which isn't sustainable and ends up being given back. Any closure above yesterdays open and we are on the right track imo.

Start to the week. Pat on the back to those who have held tight.

Party looks pretty good this morning.

*this clarity.

Recovering nicely. Not out of the woods yet but with how his has performed since Christmas the news this morning could have sent this to a new low. Now the speculative shorts have their confirmation on the Advair setback (fair play to them) let's hope they close out and we see some stability on the back of his clarity.

Because (i forget the exact percentage) there have been ample data driven articles suggesting buy backs, more often than one would think, result in a reduced share price. So, it wouldn't be completely out of the question, that the other posters suggestion of shorts closing, has some merit. i.e the shorters made an assumption this would be one of the cases where the price would go down, which it has, and would then close out upon completion of the buyback. Not suggesting that is what is going on, not taking any sides, but the premise is not completely illogical to be ruled out.

FDA update is due Q1 and the way the share is dropping as I type I think we may already have an idea of whats coming ? ... As I wrote earlier this week if we couldnt close above 76 I could see further downside, imo the 60's are looming. Squeeky bum time.

Just to clarify - each to their own and not saying at all that his methods will not produce profits. I am just saying that judging a traders acumen from a bi-weekly blog that cannot be verified for entry / exit points may not be the best idea. Glad to hear his teachings have worked for you however.

Or maybe, as his blogs aren't in real time (he only updates every 2-3 weeks), his trades might be smoke and mirrors ? Who knows. The cynic in me says why bother flogging books, subsidised level 2 and hosting workshops etc if his trades are as good as claimed.

No blog this week, school holidays. Take the bloke with a pinch of salt anyhow, he certainly isn't an oracle.

Todays closure will tell us a lot. Below 76 and we'll see further downside imo.

Smacks of manipulation. 120 would be a premium now, but a slap in the face 8 weeks ago when we were 125 and no change to fundamentals.

Takeover is the only hope now imo. 40% down from the latter days of December and on the back of no significant updates. This scenario could also explain the radio silence from the board.

Sorry for the delay, as Mulder aluded to both those sites contain the info you are after. We don't require RNS for these sells / buys as although to you and I and other retail investors they appear large, in the grand scheme of % holding of the company they dont meet the threshold for a holding update. If you look over those sites it does paint a positive picture and should allay fears of funds completely liquidating their holdings here. What it doesn't quell / answer is the rational the fall.

Next stop 75.

The data suggests the buys by institutional investors and funds greatly out weigh the sells. The numbers being sold are also miniscule in comparrison to what the sellers total positions are. Reading through the most recent pages of this thread and I can't fathom why this narrative of large sells killing this share are so prevailent. The minimal numbers would also explain the lack of a holdings RNS - there hasn't been one because it is not required. Just my own oberservation / interpretation. GLA.

They probably looked under the hood and saw something a wee bit stinky. Something doesn't feel right here.

So you sold Tuesday at breakeven due to feeling uncomfortable with the share, bought back in yesterday, and have now sold again due to feeling uncomfortable... that is certainly a strange strategy to say the least. GL.