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Georgica, a tentative approach

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tooredtobleed - Thu, 30 Dec 04 :

I got it off www.iii.co.uk, I don't do any kind of intricate trading but follow a few stocks over the long term (had a few go bust so I am very nervous about AIM co's with big debts such as this). Historically, this is prob a bounce before trading update in January BUT the slimmed down co now has a chance to break out big time - the guys in charge after five years must be looking for a big return on the initial 100p plus takeover and don't seem to have any probs raising cash from the institutions/banks and it would be interesting to see what projected figures they are using. Several times they have disappointed with results and I have been in and out at a profit but always aware that if the breakout goes down I could lose out big time. Hopefully, if it gets above 100p will be able to stop-loss it all the way up! 50k at 80p is a brave move, though!


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