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PRTY - It's consolidation time!
ballsmadeofsteel - Thu, 21 Dec 06 :
spread has been around .7% ish
Not really. 3k is 3k... Keep a tight stop. This share has gone from 26p ish to 30p ish in just over a week (16%?). This seems to be its current trading range. It may even go higher over the holiday period in anticipation of January's kpi (which I expect to show more of a seasonal recovery). But think for now, time to profit take.
because of the lack of stamp duty it is much cheaper than others to dive in and out.
Still makes money. Or you can go long wait for ages, and then sit nursing a 75% loss... as happened with this share. Infact massive falls have happened twice with this share.
But as always, if you cock it up, sit tight... :)
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