Lemmie the Lemming

 

Please note these are my own opinions. No investment advice is intended.

Please feel free to send any comments you have, or any of your own suggestions. I can't be by my PC all day, but apologies for recent lack of updates.

Sportech.

Now has a brand new website.

The "Single Protected Trade" These are often open to misunderstanding.
See Archive Page

Day Trading

Very risky! See the comment on archive re protected trades. One of these can wipe you out!

Stock Overhangs

Occur when a large tranche of stock is on the books of one, or several Market Makers. It is well above NMS so takes a long time to clear. Frequently it occurs if an institutional stake is sold and fails to find a taker at the time.

Wide Spreads? re NMS

See Archive Page

See ADVFN site for trades. They give a deal by deal balance from the opening to the close of trade. You will see confirmation of your trades in seconds here.

Partial Flotations

See Archive Page

Onsite Webpages

Unofficial webpages now on this website. Click logo to access.

Fortune results 2001 are now on this site.

What is a "Shell Company?"

Riceman Now RII has just gained this status. A "shell" is a company with only cash and no trading arm at all. That is it has no actual business. Such a "shell" is intended to buy or "reverse into" another company which may then use its market quote. Print Potato.com was a "shell" too. It now is Invox. A recent example was Rodime, now Sportech. There is currently a surplus of "shell" companies!

New website with advice for small businesses from the British Bankers' Association

Prompted by other press comments and world events.

I have a vested interest in some companies but have no formal investment qualifications. Stockmarkets are strange places and react to all sorts of stimuli. The concept of "Long Term" seems to be a few weeks in some cases rather than years! I regard it as years, so bear that in mind.

This site has been compiled under Win98 with a simple sitebuilder. Any observations from the users of other OS are welcome. That means to ANY of the pages and content.

Time for a turn?

Apologies for lack of updates

Maybe the turn is due Monday?

 I added our new mascot to point out the lemming like panic that has persisted over the oil price worries. The Business on Sunday has suggested that false OPEC data has been a major factor!

 As always, check the Nasdaq site for both after hours and Pre market trading.(see links below). There is also an excellent new facility on the site, showing the Nasdaq 100 shares during trading hours. Click the link.

Nasdaq Pre Market Trading

Nasdaq Post Market Trading

Companies reporting this week

Previous comments may be on a new Archive page

US (Dow) lost 300+ in two days . Nasdaq was also weak.

 

New or amended.

British Energy

Minisites etc

This website should have a full indexing system, with a search option. I noticed that it was not operating recently. It should appear on the feedback or interactive (up to a point) page. There is also an offsite search link and a new Yahoo! group on Penny Shares. That has not really got going yet, but will do with more participating members.

Skyepharma .

Check company website for important event news. Things are going well! A fact not reflected in the share price!

Skyepharma continues to show increased potential as more hurdles are cleared. Controlled release drugs can and WILL compete with generics, as a result of their advantages to the patient!

Note:- This is not a recommendation to buy, merely an observation.

Shares News? See RNS News on the Sharepages site under news.
Bula Resources.
The shares are currently still suspended, yet are still on my Barclays portfolio! According to Simon Watkins (Mail on Sunday) , apparently the authorities wanted clarification about its financial position (but would give no more details). Bula is currently in receivership - see the link on the site homepage. This time it looks terminal.

There is high risk in venturing into such sensitive areas. Bula seem to have been a little careless in dealing.

Are Dotcoms bad news everywhere? I think not! GOOGLE is in profit (announced August 7th 2003.) Now about to be floated!

E-Capital announced a change of approach. For Investment information see the iii Bulletin boards. Recent results seem to bode well. Now Avanti Capital shares consolidated 60 to 1.

Media Content (holding 24000) Snooker deal added should be a new positive factor. This company is going places! (IMHO) Further info see RNS news. Not Any More it ain't! Deureka is now using the assets!

Pacific Media. (Holding 500000 Ordinaries)
PACIFIC MEDIA PLC Moved from AIM to the Official List. Bought at under 0.5p level.

 Note:- This is not a recommendation to buy, merely an observation.

Wilshaw. Now practically a cash shell.

Relative Strength Index. (see iii charting facility)

Lupus Capital webpage now on this site. No Website atm. Updates regularly. Results are now also posted on site. Director buys and options announced and payment in shares for non ex. directors. Further director buys recently and moves in several of the Lupus investments!

Placings, Rights Issues and Open Offers.
See Archive Page.

Fortune Oil (new webpage) (Holding 30000 Ordinaries).
The 2001 results text is available onsite, including a new China Review. The company is potentially in the largest Pacific Rim economic block. To some extent China is insulated from recent events. I recently doubled my stake as planned at current levels. New SPM expansion plans show confidence which is worth following. Note:- This is not a recommendation to buy, merely an observation.

This page PKM August 10th. 2004

Any comments are welcome. Please use the e.mail link or the Yahoo! group on the Feedback page. Mouseover the link will show you my e.mail address. If you want anything posting here, send it over or give me the link. You can post directly at the Yahoo! group.