Electra Private Equity, Legal & General, Euromoney Institutional Investor

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Electra Private Equity - historical price low 22.10, stochastic followed and price rise today 23.10.  Price can be quite stable over a day but since its sell off price more range.   Steady climb today.  No recent gapping.  Could it continue that climb tomorrow?  All buyers in the queue, not a single seller!  Closing price was £9.90 whereas prices prior were up to £9.60.  At £9.90 not convinced this share has much legs left at this time.  Seems buyers are willing to increase their offers to attract sellers.  Will watch for learning.  If buy only up to £9.70.  Equity Investment Instruments.

Legal & General - the share I lost £170 on Wednesday on!  Crossed a stochastic today.  Made steady progress this afternoon having plunged in the morning.  Loss before was because I bought too high.  If buy here up to 68p.  Some big buyers in mid-sixties, no sellers after mid-seventies.  Share price tends to move slowly.

Euromoney Institutional Investor - another share trading at all time lows.  Stochastic today though lower down -upward movement, reverse may still be a few days away.  Movement over a day can be small but last three have seen greater movement due to selling, buying to counter this could also scope.  No sellers in the queue and buyers up to £2.39.  Buy up to £2.44.  Media.  Bought at about £2.30 - very little volume.  Will hold over weekend as only open position.  Price closed at £2.30 with no buyers in the queue.

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This page contains a single entry by Stuart published on October 23, 2008 6:41 PM.

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