bizz18 Nov 2010 18:04
sincerest apologies for not posting about this one on MEC when you mentioned it the other day, didn't mean to forget it, just have a mountain of them to look through at present. I must say you are good at finding these temporary bottoms, PRTY was yours i think and thats bounced very nicely this week and this one has had a nice rise today! well done to you sir!
Grays, i'm like a bad penny, apologies, its just that now ive found bizz's knack for finding stock thats about to turn I look out for his posts so promise i'm not cyber stalking the pair of you (well maybe a bit, theres obviously a few quid in it so why not!) lol
i'm currently, relatively, 'all in' across a few stocks other than a bit put aside for the banks when they reach a nice level but now looking for my next stocks by way of cyclical low points, of course POG as you know is on that list and I am watching IFL, possibly NOP and of course the others i posted previously. one of them had a nice bounce today and hopefully more to go, that was the descending wedge on AMER ( a stock highlighted by 1wildjunglemonky)
hoping to see MEC and PUB start to rise soon and also the eternal wait for take off with HAWK, no pun intended.
ps. as far as rdw goes bizz, all the housebuilders are VERY volatile, i was in TW and BDEV 10 days ago and got out with 15% just in time, although i think medium term this could play out nicely for you. My own take would be a stop loss once 15% is bagged. imo. very news and sentiment driven (arent they all!)
best of luck