L2 3 bid 1 offer..............the offer rising slowly on low vol. The 3 mm's are mopping up the sellers at 5.5p and want 6p to buy. The other's got some stock to shift and is happy to turn a modest profit.
You just have to use this as only 1 of your buying guides........there's mkt sentiment, the sector, up and coming reports/info on trade, interest rates, Christmas sales etc etc etc.
Simply put, do your research thoroughly and then buy (or not)what you can carry when it dips, hold until news or rumour spikes it and out or hold for years and miss the trading profit to be had.
IMHO there's going to be ups and downs with this one but it seems a good company and whilst EF and IB are there, I'm happy to trade it. There's the detergent deal update to come shortly plus no doubt other good stuff if the times and mail are right!
There are others like kwl etc etc but DYOR and don't invest JUST on the basis of folks like me and other bb ers, it's much safer that way and you can only blame yourself then! There's nothing like thorough research which these bb's can help with.
Speedo say's he has 6 or so mil of seo and Rampy hinted he was buying 2 mil but you have to take such things with a pinch of salt unless they put up the info to back their bull. I have no doubt speedo has a large holding as he's posted consistent numbers if you look back. As for Rampy? I like the guy but I think he can get carried away sometimes and he isn't as in tune as he likes to make out, me thinks....sorry Rampy. ARGY2 is usually right on the ball, and warm glow seems to post good general info. Anyway that's only my view so DYOR based on that........and note that I get it wrong too!
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