Member Info for Stupmy

HTG reports oil recovery contracts wtih NS operators worth 60 million. They don't mention who the contracts are with. Could ENQ be amongst them? They claim their processes have proven enhanced oil recovery to optimise reservoir performance.

So, for me Ian. Good trade. I haven't bought back. I stated previously that I overexposed before going on a family break, refused to open my computers while away and missing 3 opportunities to trade that would have made me substantial amount of money. I made nothing because I wasn't on a family break to trade, I was there to spend time with family (watch everyone else play with their screens!!!). But I've now had the opportunity to rationalise and I've done that. I don't want to buy back unless there is a significant likelihood of reducing my mean entry. I still view 423 as a possibility.

For me, Ian you're doing the right thing and 2% is worthwhile.

Xhita, it's 2% and probably Ians costs are included in the figures. The 'fact' that he sold at 479 and was able to buy at 469, makes it an advantageous transaction. It's clear, simple, it's a win. In hindsight it was the correct thing to do. I've been trading lots of 25000 and have not been making hundreds. I've been managing my holding, controlling my risk and taking some good profit. You seem to be very negative about traders. Why is that?

Yes, if King5's gap closes the next one down is to 300. I'm taking no view on whether it's likely to fill at the moment, but King5 simply stated there was a gap down to 342 or so (from memory). I was just enlarging on that point.

Mainly in healthcare Sollers, not so much for the airline sector.

King5, looks like your gap is about to fill! There are other gaps below it in fact.

Did that yesterday although not in depth. He didn't seem to be a complete 'timewaster' so I didn't filter him. I got the impression he was just overconfident about his views (as are many). But if his view on a bid coming this week held any water, we'd have seen a reaction from the market. Unless of course on takes the view that Pete is privy to something that the wider market players are not privy to, but that's insider trading so I dismissed his comment.

OK, but the way you stated it was 'fact', offer coming in by the end of this week. It's an odd way to convey your opinion. Thanks for the response though. I think most of us would like to seem value restored one way or another here.

Gulf, I wonder if Ryanair is seen as a bellweather of the cheap no frills airline sector. It's clearly an important player like them or not. I'm guessing the O'Leary's sway in the media is related to this. I.e. if it's tough for RYA, then it's going to get tougher for everyone as that's the bottom end of the market. What I mean is, if it's tough for them, it suggests discretionary spend is tightening and that will filter back up to everyone over time. In this instance O'Leary has back tracked and that seems to have taken some stress out of the sector for the time being.

Pete, you stated yesterday that Ser would make a bid for Enq this week. Now you're suggesting M&A activity from a US company. Does that mean that you now retract the confident proposal that we will receive an approach from Serica this week (at 20p a share)?

I'm trying to get a feel for who you are and why you're posting stuff with confidence, but without evidence?

495-496 doesn't look unlikely to me. If we closed above it, then I'd say 525-527 starts to look quite likely.

Also worth noting that Pete calls this offer as coming this week. No reaction from the market on that suggesting that if he's right, it's something no-one else knows about.

Volume is picking up now. TUI also up a lot. CCL and IAG up a tad

I can't see any news, volume still not high? Anyone know what's causing this?

But look at almost any bb, those with fundamental knowledge are saying similar things. But the SP's remain depressed or continue to decline. There's another piece to this puzzle.

For the record, I don't disagree with you and am interested here for exactly that reason. Just looking for an entry that will like good value in a month or two

Probably not Tom, but it matters less to me. If this doesn't do what I expect (hope) it does, then I'll work with something else. But it's worth considering that the tight market and low number of shares does not only work to the upside. It could come off a lot here for very little reason (just emotions of PI's).

I'm here only for the profit, but am sharing my view honestly.

Well, that's 518 gone for now We're now at 514.. I'd imagine 509 for the next stop. Beyond that there is a very high likelihood of 441 area.

From Aug 7th 13:56: "I still think that we'll see 441 or lower and that at some point in the future I'll have the choice to re-enter. Maybe that's wishful thinking as I agree that YOU seems to be undervalued. But I work on 'likely outcomes".

I know it won't be popular, but I hold my view. A close below 517 would substantially increase the likelihood of 441 being achieved. No-one can see into the future, so it's just my view of one possible outcome.

We've hit 451 and the SP is stuttering a bit. I'm guessing we found a few more sellers taking profit from entries around 411-412 or a bit higher.

Well, we've broken up. Not sure how that works on such low volume but 451 looks very likely in the near future. Good news if you're long.