This is the point that I have to promise I was going to look at Zoltav Resources earlier this morning, well before the stock was up such the massive amount we have seen so far. However, there is value to add here over and above stating that the stock could go up further, in terms of the chart configuration and likely support / resistance levels and near term target.
Shares in Printing.com (PDC), an AIM-listed UK and Europe printing retailer I have long followed, have not had a good 2013 – falling from more than 30p prior to a 20th February warning that “trading in the second half of the year has proved softer than anticipated across the group's various European channels.
Goldstone Resources is another stock flagged to me by a Twitter follower, someone who I am already starting to respect in terms of his judgement regarding small cap recovery situations.
I can already say that as far as spotting rallies / recoveries in the minnows, there are actually only three main charting configurations to watch out for. The one currently at AFC Energy is actually of the Leyshon (LRL) / Petrel (PET), Leni Gas (LGO). You won’t see this kind of analysis anywhere else!
Eric Sprott is Mr Silver. He is a passionate bull of the metal and his funds are the number one funds in the sector. About the only reason for buying shares in AIM & TSX listed Arian Silver (AGQ) was that Sprott was a major shareholder. But, oh dear me...he is selling.
FTSE 100 listed Melrose Industries (MRO) is a specialist in buying and nurturing under-performing industrial businesses, with a view to invest, make operational improvements and then divest the asset for a profit. Its guideline time frame for this turnaround is 3-5 years, placing its own transactions firmly in the 'medium-term' investment category.
The fact that and extremely negative looking April reversal set up on the daily chart of Iofina only proved to be a dip to buy into, still backs the buy argument at the iodine explorer. It also suggests that the resolution of any consolidation in recent weeks is likely to be a very constructive one.
I wrote about Coms a month ago as a potential mid-move consolidation breakout candidate, and while the consolidation has gone on rather longer than expected, it would appear that we are now finally close to the break to the upside which could lead the stock to its implied 5p target.
As yet another reminder that technical analysts are not always momentum followers we have the present situation at Immupharma. What can be seen here is that since July last year there has been a descending price channel which has effectively halved the share price from the October peak above 70p. However, we do have near-term positive charting triggers.
Once again with a minnow stock we are looking to see when the second leg of a near vertical spike some months ago will resume. In the case of Scancell it would appear that such a move is imminent given that there have already been more than eight months of consolidation of a move from under 10p to over 60p in the June to October 2012 period.
Alexander Mining is another stock where I was actually tipped off myself regarding the merits of the shares via a private, and this was earlier last week when there has not yet broken back above former 2.77p late 2012 support!
I have been meaning to write up CIC Capital for some days now, but the stock always missed the cut. However, in the interim the shares have shot up vertically and question most traders will be asking is whether in the near-term there is more to come? The answer would appear to be in the affirmative.
From a charting perspective it really does not get much better than the current position at Dolphin Capital. Indeed, there are multiple positives on the daily chart of the past year including and August RSI rebound from close to 0, followed by a vertical Spike through the 200 day moving average the following month.
Events have fully justified my earlier bullish judgement elsewhere that SSE (SSE) shares were good value on a then estimated 6% prospective dividend yield. The share price rose with grace and charm to a recent May time peak of 1690p, from whence profit taking brought them down to a share price of 1627p last seen having done better that the FTSE 100 Index over six months in a bull market where risk stocks have been rising.
As you might imagine there are very few charts that I have not that even in the small caps area. Quadrise Fuels International is one of this rare breed, and looking at the present technical set up, more is the pity.
Bowleven shares have been and continue to be a personal favourite in terms of the oil and gas explorers, if only because at the start of the year they bounced just under 65p as was predicted, and then behaved themselves all the way up to a 100p plus target.
I have taken Quindell Portfolio (QPP) off my “accident waiting to happen” list as it is now in the slow motion car crash category after a set of prelims that contained some very strange items, followed by two obfuscatory “clarification” statements.
My last look at United Utilities (UU.) on a site I have now abandoned to join the winning team here at Shareprophets with all my efforts, was just over two months ago, pointing out the attractions, adding them to my shares to buy tray and suggesting it was worth looking at.
On Monday, Goldplat (GDP), the AIM-listed African gold producer, rather disappointingly warned that “EBITDA for FY2013 is likely to be materially lower than market expectations”.
There are some charting setups you have to look around a long time for, and even then they do not necessarily offer the payoff which may have been expected.
The May edition of the UK Investor Show Magazine is live featuring three share tips from Gary Newman, the Greek meltown is worse than everyone thinks, and the EU is not fit for purpose plus a photofeature from the 2017 UK Investor Show.
The busting of a placing by AIM-listed UK Oil and Gas (UKOG) at 1p by Tom Winnifrith has caused a bit of controversy. It is not the first time he has been accused of being irresponsible by blowing the lid on a placing only for it to be pulled or the price dropped. Anyone left holding the baby gets their fingers burned – in the recent example quite badly if they had been buying into the ramp at north of 1.4p only to see the company raise cash at just 0.8p. Is it right?
The nauseating Mail on Sunday fawned upon Pippa Middleton and her ghastly family as they celebrated the "wedding of the Year". Bring on the revolution! But perhaps the real wedding of the year should be between our two very own in-house Bulletin Board Morons GrannySnuffs & Wildes who seem made for each other. can you find examples on the LSE Asylum, iii, ADVFN or twitter of comments more idiotic than those of our own dream team? If so post in the comments section below, the deadline is midnight Sunday 28th May.
Having bought itself some time by declaring an initial sack-the-board General Meeting requisition “invalid” (a revised, valid requisition announced by it at an attempted ‘no one watching o’clock’, 5:15 pm, on Friday), Infrastrata (INFA) has this afternoon made a “Review of stategic options & project update” announcement...
AIM-listed travel agent and wannabe Greek holiday resort developer Minoan (MIN) announced a small bolt-on acquisition this morning….and a placing. Oh, and an update on its debt facility due to expire at the end of June. It is disappointing to see a placing (at 9p), but in the general scheme of things it is a relatively small amount so the pill is sugared to some extent.
It was a keen competition this week. But we have found a winner.
Take a look! European investors are clearly failing to grasp the very significant financial and commercial benefits available for Orphan or Rare Disease drug developers. So much so in fact, that sector-focussed Amryt Pharma (AMYT) finds no quoted peers in London, yet a good basket of NASDAQ-listed comparables are seen to command a significant premium despite mostly being pre-revenue and somewhat earlier in their development. Such anomalies can and, of course, do rapidly correct.
Any reader of my pieces will know I hold Challenger Acquisitions (CHAL) in pretty low regard but the outrageous ramping that has now gone on for the last four trading days is an absolute disgrace and the FCA should take a look. I’ll explain.
I have already covered the dire financials of Eden Research that indicate it is just months from trading whilst insolvent as well as its panning by the Financial Reporting Council (FRC) - in response to my urgings. Now to today's monstrous half truths - I am perhaps being 50% too charitable in that description.
Eden Research (EDEN) has today published godawful results and admitted that my very good friends at the Financial Reporting Council (FRC) investigated it - after I requested such an investigation - and have forced it to restate past numbers. It claims that the FRC has now settled all matters. Au contraire. that is another lie from the fraudsters and there are many more porkies in this statement. Truly, the pants of shamed PR Paul Queenie McManus of Walbrook will be cinders and ash after this effort. This all came out as Eden published Godawful numbers for calendar 2016.
The sold-out success that was the 1st April 2017 UK Investor Show again saw five 'Dragon's Den' sessions where a number of CEOs each gave a pitch and three Dragons each picked one stock for a £1,000 investment. How are they faring so far?...
With some great investigative journalism of which this website would have been proud, Brokerman Dan flushed it out a few weeks ago. The former bank robber - correctly - stated that Andalas (ADL) was looking to raise £1 million at 0.06p and the AIM listed crock of shit suspended its shares. Today they are unsuspended after the company raised £600,000 at 0.1p. It says this is at a premium to the suspension price. But it is a spoof, Andalas is still bust. It is insolvent as of today!
Malcolm Stacey is old enough to know about King Canute. In fact he is so old that he was there as a boy when the King sat in his chair on the beach and attempted to turn back the tide. Malcolm surely you remember the day as if it was yesterday? In which case why do you forget this valuable lesson when it comes to Inmarsat (ISAT) and your article today in which you misquote me and get it wrong in so many other ways.
"A credit crunch is brewing and when it happens, the UK is going to get hurt." These are not my words but the start of the Editorial in this weekend’s Guardian. The article then went on to say "That is the message emerging from senior executives in the financial services industry, who do not think Britain has changed that much since the 2008 credit disaster and the devastating crash that followed. Three developments lie at the heart of this disturbing analysis: spectacular growth in the sale of second mortgages, car loans and credit cards." I would heartily agree with these comments as this is my experience too. But what the article fails to say is that the UK is not alone in this debt bubble - once more it is a Global issue.
Hello Share Scoopers. There have been quite a few occasions now that I’ve commended a Footsie satellite company to your attention. On each mention, as I recall, the share grew in value. However, last year the shares took a big knock.
One of the most fascinating scenes I’ve seen for some time is the sight of Big Donald jigging around with some sort of weird entertainment put on by the Saudi’s for the President's visit. It almost made me forget the big benefit of this amiable state visit on share shifters like us. And that of course is that the President’s friendly reception sent the oil price up.
An announcement from Corero Network Security (CNS) with a headline “Corero Tier 1 Internet service provider customer GTT Communications, Inc. launches DDoS Mitigation service”. Then “further to the announcement on 19 April 2017 regarding a Global Tier 1 Internet service provider customer win… announces that the customer, GTT Communications, Inc. (NYSE: GTT), has launched its DDoS Mitigation service”. “Global Tier 1” now hey! And you what? The contract win has already been announced? Ramptastic…
Together Robert Sutherland Smith and Tom Winnifrith have now been working in finance for 71 years - the last ten or so together. Tom wishes to stress that RSS accounts for most of that, the great value investor starting his City career at the Unilever Pension Fund the year before Tom was born. In this book they outline 71 tricks of the trade for making money from shares.
Get the first ShareProphets Pocket Guide ebook, EIS - Buying shares with numerous tax breaks. Want to cut your income tax bill, get loss relief if your AIM listed shares go down, pay no CGT, avoid IHT - EIS could be the way and this book explains how.
Most investment books seem to be large enough to keep the front door open and while some contain gems it is hard to find them amid the verbiage. The aim here is to produce a short guide which simply cuts to the chase. I hope that it will provide food for thought for everyone from beginner to expert but whoever you are it should be quick and easy to read and digest.
Search ShareProphets |
Stock market news |
Recent Comments |