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Strategies & Market Trends : ADVFN (AFN.L) - Advanced Financial Networks

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To: Hoatzin who wrote (105)4/24/2007 9:31:29 AM
From: SI Bob  Read Replies (2) of 139
 
He still gets grief over looking over the dessert menu and asking what "blonk monge" was.

Hope he buys his rounds.

Really, he's VERY good at determining how things should be laid out and work and riding herd on the necessary folks. I've felt the sting of his whip on my back many times myself. He's good at it.

Hope he mentions one of my pet peeves. I'll have to make sure he knows if he doesn't already. In News, you have to select the ticker and hit Ok, then select the source and hit Ok again. At least when I do LSE:AFN, which defaults to AFX even if I selected RNS.

si.advfn.com

Yikes! I'm seeing an ad there for the iHub Forex channel! SI's got one now, too!

Anyway, it'll be very interesting to see what impact this has on share price. We tend to value internet companies more generously than the Brits and people who use our products are active in the stock market and, in iHub's case, this is the first public opportunity to own a piece of the action, but we also tend to curb our generosity when we don't like the P&L.

My "knows enough about the market to be dangerous" guess would be for initial upward movement as there will be little or no sell-side supply aside from marketmakers and, depending on volume in the ADR's, the UK-side supply could/should come down.

I'm still trying to decide whether to exchange my shares for ADR's. I'm leaning toward doing so because my "knows even less about Forex" guess is that the dollar is near the bottom vs the GBP. Though they'd be no more marginable than my LSE shares and I've no desire to sell anytime soon. But I'm thinking that converting them would get them even further out of the market than they are now. Dunno.
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