Latest

Funding news on Ceres getting nearer. Stock added to Conviction Buy list today

Funding news on Ceres getting nearer. Stock added to Conviction Buy list today

0 mins. to read

This magazine has covered Ceres Power – one of the true potential 10 bagger stocks that exist today in the previous edition of our magazine. Link here (page 16 ) – http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v6_generic and in previous blog posts (check tabs to right under Ceres Power) The volume sotry below is continuing to have our antaenna’s ‘twitching’ –…

2 pending trades – Facebook & Nikkei

2 pending trades – Facebook & Nikkei

0 mins. to read

We are sat waiting to add the 2nd tranche of Facebook shares to our account today in the $19.40-50 range to complete the position in anticipatION of a consecutive day slightly lower double bottom. Facebook 5 day intra-day chart   We think that global markets have had a useful shakeout yesterday that has washed out…

IBEX SWING LONG BUY CLOSED @ 6600

IBEX SWING LONG BUY CLOSED @ 6600

0 mins. to read

Take a look at our record on the About Us page. We are in the process of seeding 3 dedicated “follow me” funds –  1. A diversifed yet concentrated Oil Explorers fund 2. A diversified yet concentrated Natural Resources fund and 3. A Special Situations/Global Macro fund. If you would like details on this unique…

Xcite Energy board reshuffle sees CEO Richard Smith retiring

Xcite Energy board reshuffle sees CEO Richard Smith retiring

2 mins. to read

Another solid update this morning from Xcite Energy’s North Sea Bentley field extended well test with the 9/03b-7 well producing at a stabilised rate of approximately 3,200 barrels per day with no associated basic sediments or water, better than the initial 2,900 barrel per day flow rate announced a couple of weeks ago.  This is viewed…

Market news round up, upgrades & downgrades

Market news round up, upgrades & downgrades

6 mins. to read

UK Corporate Announcements IAG announces H1 revenues of €8.53bn up 9.8% and a Q2 EBIT loss of €42, largely in line with the forecasts, and details it now sees a small loss for 2012, and states that Iberia’s problems are ‘deep and structural’ Inmarsat reports an H1 EBITDA of $381m from $427m on revenues of…

update on the not so “super” mario ecb conference. VaCATION BECKONS…

update on the not so “super” mario ecb conference. VaCATION BECKONS…

3 mins. to read

Mario Draghi In what has been an eagerly anticipated week, with three important central bank statements due, investors were left scratching their hands today with no clear answers from any of them. First, the Federal Reserve just “kicked the can down the road” once more to September concerning any further monetary easing out of them.…

TOE-ING INTO A SWING LONG on Facebook @ $20.45

TOE-ING INTO A SWING LONG on Facebook @ $20.45

0 mins. to read

Trade thesis – downtrend coming into play for an upside probe, RSI now 5 days into the 20 range on the hourly chart (more often than not a level at which a bounce comes in), volume slowing on the decline over the last 2 days and all pervading negative sentiment. NOTE – We have opened…

And another ‘rogue trader’ to enter the hall of fame – Knight Capital looking to raise capital after a $440m loss

And another ‘rogue trader’ to enter the hall of fame – Knight Capital looking to raise capital after a $440m loss

0 mins. to read

Trading firm Knight Capital is being forced to raise money after an erroneous trading position wiped out $440 million of the firm’s capital, Knight said in a statement on Thursday.   Problems at Knight Capital Group Inc, one of the largest firms that buys and sells stocks to provide liquidity to the markets, emerged at…