Afren, WH Smith

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Afren - FTSE fell 10% in first minute of trading - biggest falls this week in history of FTSE! Need to factor panic selling and rationale selling into my decisions.  Share fell into 40's - rallying slightly into low 50's.   What to do with this share?  Have we hit the worse today or is the worse to come.  Need to decide whether to hold or sell this share today.  More buy pressure in queue but again if buyers are more calm and sellers not this may not make much difference.  9.37pm noted no sellers at all at the then current price - could have reached a bottom?  No still bobbing about high-40's, low-50's.

WH Smith - more sellers than buyers marginally - price into mid 30's - continue to watch, review to buy hourly.  Don't buy as price seems to have flat-lined.

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This page contains a single entry by Stuart published on October 10, 2008 9:25 AM.

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