Wednesday 11 August 2010

Weds Aug 11th - Trading Day

Good Morning.

NTA the star today - up nearly 50% but still looks very cheap based on Lancasters and their share - added more today.

NSR been rising on a stream of 50K trades recently - up on £1 bid rumour today which looks plausible imo

TSW strong, DVO making new highs, RGD bouncing further.  Seems all these larger cap stocks on SETs are far more skittish these days than small caps on SEAQ - makes a mockery of the idea that SETs aids liquidity and reduces volatility imo - seems to exacerbate it imo.  SETs stocks are daytraded in high volume these days and it makes builders and banks just index proxies most of the time imo

1 comment:

  1. Not a bad day in the end of what was a bad market. NSR bid approach and NTA news helped keep my head above water.

    Better day tomorrow perhaps after the market opens a tad weak I expect.

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