optimism, page-29

opened green but big selling happening wiping lines downwards to the 7's. i dont like it.. haha

i see no rhyme nor reason for this kind of trading. The company has been secured by a JV re its European interests, but still suffers. I think the company needs to release more detailed information about the JV to see it really have an effect on the SP.

other than that, i think we may have to wait for results in August before we see some SP movement. Investors still seem to think that this company is about to implode. I dont think the Bank of Scotland would enter a JV with a company which it thinks is doomed anyway.

Enjoy the low prices whilst they last.