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PURSUIT DYNAMICS NOW MOVING TOWARDS COMMERCIAL INSTALLATION OF BIOETHANOL SYSTEM (PDX)     

blueface - 10 Jan 2008 09:55

Following successful third phase of PDX's Biofuels programme, city sources are now predicting a huge contract followed by several others will be announced in very near future..Recommendation Strong buy at these levels.

Oakapples142 - 10 Jan 2008 11:49 - 2 of 59

Why a new board - on the other hand as a holder for over 5 years I can see the need for a fresh start following such good and progressive news that could be the start of a flood of contracts. This little beauty was my first and only ten-bagger and it could happen again.

blueface - 10 Jan 2008 14:25 - 3 of 59

Ambrian have produced an up date on PDX this morning recommending BUY @2.12...no doubt their brkrs Centos also will be bringing out a positive up date as well shortly!..nice to see the shares performing well again..alot more to come yet..( I do not have any sympathy for all those people who have been shorting PDX in recent weeks)..

Treblewide - 10 Jan 2008 14:49 - 4 of 59

another new thread i see.....happy to add to short at around these levels...cash call inevitable before summer

Oakapples142 - 10 Jan 2008 15:07 - 5 of 59


That sort of gobbly-gook is lost and wasted on me as is, what should be the crime of shorting.

Treblewide - 10 Jan 2008 15:38 - 6 of 59

lol.....crime.....yip lock them nasty shorters up and throw away the key

blueface - 10 Jan 2008 15:55 - 7 of 59

The institutions will back any funding when the commercial contracts are announced-commercial contracts expected very soon-and the shares will be substantially rerated upwards so any funding will be at a good discount to the prevailing share price (alot higher of course after contracts have been announced!) which the institutions will support greadily as they will be unable to pick up any decent lines of stock from the market..I maybe an old hand at this game but I see the way things are going now and these pathetic shorters will lose money!...hope you are all enjoying the ride in the meantime guys..just hold on or you could always top up!

Treblewide - 10 Jan 2008 16:36 - 8 of 59

i will not hold my breath for contracts......these lot been in business for 7 years and the turnover is still only 3M per annum (the same as a busy chip shop) lost 7M last year...so even a couple of 1M contracts aint gonna make much difference......profit is miles away and will never be achieved

halifax - 10 Jan 2008 18:17 - 9 of 59

Large contracts with large profit margins needed to support a market cap of 136 million.

Treblewide - 11 Jan 2008 10:39 - 10 of 59

oops......hope you or mr morley did not add yesterday...what goes up and all of that......

no figures with the jam........not a surpise really

Treblewide - 11 Jan 2008 10:59 - 11 of 59

ps no new thread today?

blueface - 11 Jan 2008 13:22 - 12 of 59

A respected city source informed me today that there was a sizeable forced seller in PDX to raise money to meet a margin call where the client had lost in SCI after their profits warning came out after hrs yesterday and SCI shares collapsed this am- so the fall in PDX is only temporary and the shares will recover their poise again.. why not take advantage of forced lower price to top up!..

Oakapples142 - 11 Jan 2008 14:48 - 13 of 59

3 x wide - you dont expect us to take your bait do you. Say something pertinent or constructive and we might. At the moment the MMs are keeping us busy (and dizzy!)

Treblewide - 11 Jan 2008 14:52 - 14 of 59

blueface you do talk absolute dribble.

oaks.....i have said something pertinent ie this comapny does not have enough cash to last a year at current burn rate, they have a miniscule turnover...people do not want to seem to buy their product or quite simply they would....it has been around for years

it is very simple to see that at current share price and market cap this company is a short and if you were a value investor instead of a pie in the sky man you would see that.

or lets go with blueface's arguments....i met a man down the pub who scribbled PDX on the back of a fag packet so it must be a buy

Dil - 11 Jan 2008 15:03 - 15 of 59

He's a complete dickhead ... and the tramp in the city he knows.

Treblewide - 11 Jan 2008 15:06 - 16 of 59

welsh discrection :-)

blueface - 14 Jan 2008 10:50 - 17 of 59

I am amused by the personal comments directed at me!..take it as you will guys but I am only passing on raison d'etre for some of the wild movements in PDX's share price- when one has worked in the investment field in the City for over 30 years one gets to know who are reliable sources of info and who are not- I get the impression that some of the comments put on this thread are coming from novices who think they know everything!Good Luck to them I say!.I am very happy with my own research and sources and I have made LOL over the years!

Dil - 14 Jan 2008 11:24 - 18 of 59

Keep em coming blueface your a laff a minute.

ptholden - 14 Jan 2008 11:37 - 19 of 59

Someone who has worked in the City for 30 years and is confident in their investment doesn't persist in starting multiple new threads on a finanical BB in a desperate attempt to ramp a dodgy blue sky stock.

Go figure :)

blueface - 14 Jan 2008 11:50 - 20 of 59

Perhaps you guys have forgotten that I posted PDX a strong buy on this thread when they fell back to under 1-60 before X-mas 2007 - and Mr J. Morley has bght more today!..say no more...

Dil - 14 Jan 2008 12:23 - 21 of 59

You posted them as a strong buy at loads of prices bluearse ... so what ?

blueface - 14 Jan 2008 14:01 - 22 of 59

Have a little more patience Dil and you will make LOL like the rest of Mr J. Morley's fans!!..subject closed now..

blueface - 14 Jan 2008 14:03 - 23 of 59

Have a little more patience Dil and you will make LOL like the rest of Mr J. Morley's fans!!..subject closed now..

Dil - 14 Jan 2008 15:02 - 24 of 59

Derrr ... his fans make in one direction so only have half the opportunities as some on here dumbo.

Treblewide - 15 Jan 2008 00:36 - 25 of 59

blueface...you are a clown........you have based your investment on the fact that you have heard from people in the know...if you had 30 years in the city you would realise this is comical...that fact you dont shows that you have probably invested about 1 grand in this and you work in a chippy.....case closed ya clown

blueface - 15 Jan 2008 16:08 - 26 of 59

City chippies,City taxi drivers and chauffers get to hear the real inside stories- only wished I had been one and I would be retired by now in the Bahamas!!!..have fun in the meantime Treblewide guessing where PDX are going to next!!..I am still sticking to my guns as a holder of PDX until I am ..."Blue in the face!!"...like Mr J. Morley.

Dil - 15 Jan 2008 17:45 - 27 of 59

Bust more like.

Dil - 15 Jan 2008 17:47 - 28 of 59

And why have you waited so long to bless us with your presence .... can't begin to imagine how we've managed so long without your inside info.

Treblewide - 16 Jan 2008 09:48 - 29 of 59

blueface...i am short from an average of 225........prey tell you position please

good start to the day....down 6%....the city chippy must be a bit annoyed by that

blueface - 16 Jan 2008 12:00 - 30 of 59

I am still holdg my shares despite the short term fluctuations and if PDX drop any further I will be buying some more!..I made a very nice turn in meldex so have some spare cash to reinvest...I also like Ceramic Fuel at @18p having come back from over 40p in recent months.

HARRYCAT - 16 Jan 2008 12:05 - 31 of 59

Assuming you did what you said you would & bought around the 150 mark or lower, it might be advisable to take some profit just in case the trend goes against you. You can always buy back in if you think the support level of 150 is going to be reached again.

Treblewide - 17 Jan 2008 12:08 - 32 of 59

has morley un out of cash to stop keeping this mut up?

Dil - 17 Jan 2008 14:51 - 33 of 59

blueface is quiet .... it must be going down again

Treblewide - 17 Jan 2008 14:55 - 34 of 59

dil boy.....he is helping Citigroup with their subprime issues due to his 30 years of experience....

Dil - 17 Jan 2008 16:01 - 35 of 59

lol

blueface - 21 Jan 2008 12:38 - 36 of 59

despite the huge plunge in Footsie today look how well PDX are holdg up ...tells you something....I am sure J. Morley is not a complete fool!..good news cannot be that far off...

Dil - 21 Jan 2008 13:14 - 37 of 59

... nor a rights issue.

blueface - 22 Jan 2008 12:11 - 38 of 59

Good performance again today..holdg up very well despite gloom & doom elsewhere..these shorters are trying to get the stock lower I know but they will soon be caught with their pants down!..

Oakapples142 - 22 Jan 2008 15:11 - 39 of 59


I dont suppose anyone would notice if they did drop them! lol

blueface - 22 Jan 2008 17:16 - 40 of 59

Very strong end to the day for PDX...I like your sense of humour Oakapples142!..it would be an amusing sight to see!..I sense an announcement is coming by the way the shares are behaving..let's keep calm and await the good news..LOL

Dil - 23 Jan 2008 09:42 - 41 of 59

We know ... a rights issue.

blueface - 28 Jan 2008 11:55 - 42 of 59

with 1.4m traded on friday last week, I would not be surprised to hear that John Morley has been buying more shares again!?!..also crest are calling in people who have CFD shorts in PDX to close their positions-margin calls,etc!..watch this space!

Oakapples142 - 28 Jan 2008 12:02 - 43 of 59

So you are right about John Morley. Might be better perhaps if someone else was buying them ! How do you know the Crest info ? Some smallish amounts of selling to-day which is to be expected after such a good previous week.

Optimist - 28 Jan 2008 12:03 - 44 of 59

What have CFD shorts to do with Crest?

blueface - 28 Jan 2008 12:19 - 45 of 59

One of my city stockbroker's told me about Crest settlement system- they do not like people who run short CFD positions for too long when the shares are going against them as in PDX's case.Delighted to see John Morley has topped up again-he is obviously building a handsome stake for a very good reason- if PDX get a take-over approach for example when they announce their commercialisation deals, J. morley will be very well positioned!!..I personally see these shares going alot higher as I have continued to stress on this thread..Oakapples142 will have so many apples you won't know what to do with them!..by the way I was down at the South Coast yestrday at Emsworth- took some cracking sunset photos with my canon digital reflex camera!..I also visit Bosham quite frequently -my father learnt to sail at Bosham in 1922!!

Dil - 28 Jan 2008 12:25 - 46 of 59

Oak ... what other dull git besides JM would be buying , bit obvious wasn't it. He single handedly supporting the share price.

Oakapples142 - 28 Jan 2008 13:22 - 47 of 59

Reasonable point Dil - but then I too have quite a few! Yesterday was a good day for it Blueface - I am at the other end of the Solent

Dil - 28 Jan 2008 14:26 - 48 of 59

Well I hope you make a shed load Oak .

Oakapples142 - 29 Jan 2008 17:01 - 49 of 59


How did you know that I have an enormous shed Dil? Have you noticed Blueface that someone bought 150 K just after pleytime !

blueface - 29 Jan 2008 20:56 - 50 of 59

Oakapples142- very interesting 150k purchase after hrs-could be Simon C. closing part of his short position or maybe J.Morley buying more to try and get his stake up to 20%!..I have been out and about today in Winchester talking to the Greenjackets who were on parade-most of them are between ages 18-21!!..I have by the way just taken a punt in Proteum Sciences PRM at 53.50p- tipped to me by same source who put me into PDX originally..one of my other shares SCO (Scotty) has picked up today at 1.20-1.30p with 10.27m turnover-we are expecting news of big contract anyday now..all good clean fun!..Wall St. behaving well for the moment I see..interesting to see how PDX perform first thing tomrw am.

blueface - 30 Jan 2008 16:43 - 51 of 59

At the close of play somebody was trying to bid for stock at 3.23!!!...They must be desperate!!..I have heard that Mr Simon C. is not too well at present..so my city sources tell me..maybe he is still trying to close his shorts.

blueface - 30 Jan 2008 16:52 - 52 of 59

late purchase at 16.40pm of 100,000 at @ 2.67...very interesting indeed!

Oakapples142 - 30 Jan 2008 17:12 - 53 of 59


Could not agree more. I have opened another bottle of red and will hold the Champagne on ice.

blueface - 30 Jan 2008 18:21 - 54 of 59

I see Odey Asset Management have increased their holdg to 7.09%=4.17m shares-announced at 17.42pm today...John Morley has got some competition after all !..this is all very good news...the insiders are buying obviously!..I wonder how PDX will open up tomrw am!..

blueface - 30 Jan 2008 23:45 - 55 of 59

Just noticed that there was another 100,000 bght after 4.30pm making 2 lots of 100,000 bght...

Oakapples142 - 31 Jan 2008 08:54 - 56 of 59

I would say a solid start Blueface - Expected rather more taking profits early doors.

blueface - 31 Jan 2008 11:06 - 57 of 59

Well I have to admit I could not resist letting some of PDX go today- managed to get 5,000 away at 2.74 which I had bght at 1.70 level before X-Mas- still got plenty left!...nice to bank 5,000 profit in just over a month!..

blueface - 31 Jan 2008 12:17 - 58 of 59

I have bght some more PRM-Proteom Sciences-with my PDX profit-my source is VERY keen on them!-expect major licencing deal to be announced very soon-should have been announced before end of last year but company stated that they should be in position to make "A" early 2008- just thought some of you might be interested to know...

Oakapples142 - 31 Jan 2008 12:55 - 59 of 59

You may well be right to take some profits but with the right contract news this will fly to over 400p. It will be interesting to see if someone again gobbles up a large amount at the end of the day. Looks like you could have pocketed another 500 if you had held on until the end of the day - bad luck
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