Global Marine Energy.

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Spectrum7 - Wed, 28 Dec 05 :

Pugsey


Point is, the prices of these stocks are more often driven by market sentiment than turnover/profit/loss. All the calculations and charts in the world, can not predict a mention in a news paper or a tip on the old boys network, a buy by a major institution ect...Which can double a price over night. I see no real reason why this could not rise as fast as it fell. Look at the list in Owls post above, all the reasons for the fall from 4p have been addressed, time will tell but everyday the risk gets a lot less IMO. Hang in there mate, WE WILL COME OUT SMILING :-)

Dont forget we are looking at a turnover of 4m and an order book over 11m. (15m in total) its unlikly that those orders would be dragged out over more than a year so we could be near the 10m needed by nigels calcs to exceed 1p sooner than you think...
DYOR though because I dont want to be seen to ramp :-)


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