Does anyone know why Swallowfield has gapped up on huge volume today. I can't find any news so it seems a bit strange. Any views would be greatly appreciated.
scsw tip
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Tony777x
12 comments
tony777x
Thanks matylda. As a matter of interest when was this tipped and what was generally said about the share.
matylda
Not sure I am at liberty to share that for fear of getting scsw or stockopedia in trouble (or even myself!) - I can say it was commented on in the weekends May issue - Hope that helps.
underscored
Tips like this normally result in a short term bump. Then when nothing happens over the next few weeks - 1 month, I think I have noticed the buyers getting bored and selling.
jonno
Noticed that share price of Creightons (CRL) that is in the same business as Swallowfield has also put on a spurt of late. It is up over 10% today on huge volume. Nearly 700,000 shares traded versus NMS of 86,000 Corporate action or just wishful thinking?
I do not hold either share and do not know enough about Creightons to have a view as to whether it is a good fit for SWL. But the share price rise and elevated volumes suggests that something is happening.
Jonno
runthejoules
I just subscribed to SCSW and I think my £130 gives me the right to tell you it was positive. A while ago in Jan a SCSW first tip spiked W7L 14% in a day. It soon fell back, but their full analysis rammed it higher, was right as results were great and it's since more than doubled since they first tipped it. DYOR etc. I don't hold but may buy on a fall-back. Cosmetics are kind of defensive...
tony777x
Tips are sometimes worth looking at if the fundamentals are good. Eps, profit, dividends and revenue seem to be rising, debt is minimal, p/e good. I can maybe understand why it has been tipped. DYOR
