ethel
- 28 Feb 2005 20:19
Here's an interesting penny share,4.38p.The results were'nt brilliant,but they have got very excited about iPix holdings that they acquired in December 2004.The parent company is American,but NMI have a large range of European "territories" to conquer including the U:K:We are talking about surveillance cameras here.With all the interst in security these days this company seems interesting to me.Their latest project is to install cameras etc.at two operating stations run by Arriva.This is the first installation of its kind in Europe.Have a look at their website and give me some feedback,please.The sp could go to 8p IMHO.www.nmsecurity.comTHANKS...ETHEL
Poverty
- 28 Feb 2005 22:48
- 2 of 49
Hi Ethel - You and me both reckon these could visit 8p without too much trouble. I expect more news from them in the not too distant future as well. I think little companies like these are going to have a much better year in 2005 than last year!
ethel
- 02 Mar 2005 18:00
- 3 of 49
Well,another rather storming sort of statement again today.They are using these proclamations as a way of getting IPIX noticed.Even with the spread I'm sure you could make a penny on these easily and if there is some news re. a good contract then they could go upto 8p as you suggest.there is a certain amount of resistance at 4p.The management are telling the market that this is the LATEST in video surveillance technology.What's good enough for protecting Bush et al is the best.We need someone tech.minded here who could enlighten us more.Ethel
Poverty
- 03 Mar 2005 10:49
- 4 of 49
I don't like all this beating the drum and raising public fear crap - too american for my gentle angry head! However - this share looks interesting to me as they have a huge turnover and actually made a little profit - which I am sure they could improve on.
The mgmnt seems very bullish about their IPIX stuff (sounds like an Apple product!) but at least it means they are pushing it with commitment. These could creep up all throughout this year! I aim to add more on any falls and sit tight.
Don't know about this type of tech - best of luck Ethel. Is your surname Alcohol?
ethel
- 03 Mar 2005 18:09
- 5 of 49
Poverty...could well be ,considering a glass or two of wine is my preferred soporific at end of day.....or three or four....or..
Dramatic rise today,then settled down again.It is finding it hard to break through and up.If more of the folks on MAM got into this share,there would be a bit more impetus to push up.Maybe,we are ALL SICK of anything American....simply that??But,we need some video wizz-kid to sort us out on how effective these cameras are compared with the ones in use.If I understand it correctly,NMI can apply this new technology to existing systems.A surveillance upgrade,so to speak?And the application is their own invention I think.
Ethel.
Poverty
- 03 Mar 2005 23:42
- 6 of 49
Yes it is having trouble breaking through - but I think it will on volume - of which there has been very little really. Not many peeps know or care about this co yet - I think they will but maybe not this week. It needs a push in Shares mag or IC to get it going really.
I think the IPIX stuff sounds good as far as I can tell - The 360 defree cameras are better than the single directional or normal 'wide' video type camera lens. Part of the deal with this NMI system is the controlling software which is installed off CD etc and updateable fairly easily once up and running - Plus the mega-gigabyte storage of all the footage. I don't know how revolutionary this is - probably not out on its own that much - however it is the whole system they have got working - The camera, the siftware to control it all, plus the huge storage.
I am quite keen on NMI at the mo' - my only concern is their clumsy news releases - they sound a bit too bullish and keen to please!
Poverty
- 04 Mar 2005 15:27
- 8 of 49
I really think so - and hope so! You should be rewarded for your patience! Good luck to us all..
deancroft
- 04 Mar 2005 16:50
- 9 of 49
Been reading the posts here and hope I can offer some tech info. This equipment is basically IP (Internet Protocol) digital equipment whereas conventional video surveillance of yesteryear with time lapse video is more analogue. Previous equipment required a video cable connection, either multicore or coaxial, between the camera and the recording device. An output on the recording device could supply a copy of the image to a monitored TV. Control of the camera would be via a joystick generally and another multicore cable to control stepper motors on the camera housing for pan and tilt. Recording of the video output was generally via tape and to record longer periods, time lapse recording was/is employed or have the equipment wake up automatically when motion was detected.
With IP equipment, the only connection one requires is a 4pr telephone type cable, currently CAT5 or CAT6 standard used on conventional computer networks. The instructions to the camera are issued via the video software run on a computer. Did you ever wonder how your computer interpreted what data on your internet connection was for e-mail and what data was web traffic?? With IP networks, port numbers are used for segregating the different traffic commands. On conventional internet, port 80 is web traffic, pop3 for e-mail is port 110, SMTP is port 25. All this happens on one assigned IP number which is a series of 4 dotted octets eg.192.168.7.1. Each octet must be in the range of 0-255 which is 256 options and 256 is a binary number.That's a whole lot of number configs. You ask, where the devil is he going with this?? Well, every computer or network device in the world connected to the internet must have a unique IP number, that's how the internet is designed. These network connected IP cameras, with their individual IP addresses located any where in the wide world can be connected to by any computer connected to the internet also anywhere in the world, they can be controlled by any such network connected computer and the data collected by the camera can be stored at any network connected data storage location. The ultimate in inter-operability. If you want more I can bore you to tears but all the above is also available for your home and able to be monitored from your internet connection at work, holiday destination, internet cafe etc.
The technology is not necessarily new but like anything else, find a good application and sell it well makes business.
Poverty
- 04 Mar 2005 18:41
- 10 of 49
Good stuff deancroft! It is def a leap from analogue video and I guess brings full digital and IP functionality to that chap called - Sir Veillance!
ethel
- 04 Mar 2005 18:46
- 11 of 49
I knew you would come to the rescue,Deancroft...you really know your stuff.Thankyou for your help.
I decided to look back at the rns for NMI this year.I am really not sure about them...one thing is that they lost about a million last year and did'nt seem to make much either.The group suffered from unexpected project delays and postponements,margins were under pressure and investments across the group did'nt mature,to quote their interim statement.I think that most of the problems occurred with their marketing services and with the recently acquired NMI Media.They are involved in a relationship with Vodaphone live,for example."Candyspace" which provides premium content for 3G mobiles.They organise events etc. so you can see how security is one of their main concerns.They spent a long time negotiating the distribution agreement with Nasdaq quoted iPIX inc whose video sec. systems were used last year at the G8 Summit and at the Inauguration of President Bush.In other words,these systems are the BEST,which is what they rammed home to us in their Feb.1st trading statement.Boosted by this exciting introduction to the business,they renamed the two divisions of NMI....NMI Marketing services(which includes NMI Media) and NMI Security.The bits from iPIX have been named iPix international U.K. Ltd and iPix security Ltd.
As you can see,at the moment there seems to be a lot of juggling around of departments within the company.This they assure us is just the beginning of what will be a European expansion of a unique system.We have NOT been informed of the exact terms of the agreement with iPIX inc.
Feb 17 trading statement is to tell us that they have developed their own proprietary technology which enables analogue cameras with iPIX.
They also say that a leading Milanese systems reseller has committed to purchasing a minimum of 50 cameras/DVRs every month for the year...the equivalent of 800,000 per annum.NOW,that sounds pretty good.They also mention 802 Distribution,who have agreed to purchase 240 cameras this year for 240,000 .Sounds even better.Over 1million promised and they have just started with iPIX.
Their final Market Update(and there will be lots more they assure us)points out that the NMI Security team is headed by Paul Lyon,who has HARDENED industry experience.Now we're talking.And to top this off a list of all the partenerships they've signed so far.
It is difficult for me to know whether to invest in this company that appears to have so little cash/earnings yet has a "bragadaccio" about it that is undeniable.If they can convince us that there really will be an income stream from iPIX and this is a unique system that no one else can replicate,then I shall invest in them.
Is their system patented and protected do you think,Deancroft,or is it all a fuss about nothing?Is 1000 per camera a realistic price?The mathematics of the Italian deal(theirs not mine)suggest an even higher retail price.Really we need a bit more info here.What percentage of sales income goes back to iPIX inc etc.Sorry to be so log winded.This could end up being the most boring thread on MAM.Is there a prize for that.A case of wine perhaps???
deancroft
- 04 Mar 2005 19:52
- 12 of 49
Ethel
I cannot see how their system can be patented other than the engineering of the hardware. The concept utilises standard IP technology which is a published standard for international use. There are several organisations, some of them private, that manage and engineer the internet strategy so that the whole world can share a standard level of communication. NMI cannot claim any of this privy to themselves. The software obviously would be copyright but it would not prevent another company from writing similar software. I have an IP camera installation at our workplace albeit no way as grand as the equipment of NMI. The software for our system came with the camera, it can show the views from four such cameras on a monitor at the same time, all for less than 150.
With regard to existing camera installations, there are analogue to digital converters for the video stream, I don't know about how to control pan/tilt for the cameras using such converters. If NMI has got this part sorted, this then could be their niche.
Recently on the market is equipment to transmit your CAT5/CAT6 network over your installed power cables e.g domestic ring main in your home. All this camera equipment needs power, the network link could be carried over this power connection thus negating even to install the network cable.
IMO I see this company as not so much bringing technology to the market but bringing existing surveillance concepts up to date using today's modern networking techniques. Many companies are not educated as to what's available on the technology front so if NMI has the presence in the market, can obtain lucrative contracts and be there first, their success will be a measure of their effort.
If anyone wants info on power line carrier for home networking, email me at admin@deancroft.co.uk. Its quite cheap and works well.
ethel
- 06 Mar 2005 18:33
- 13 of 49
Thanks again,Deancroft.I think that your point about many companies being unaware of the new digital technology is very important.IF the team at NMI can sell this stuff before anyone else gets into the market then they are going to do better than they did last year(and that's not very hard!!)The brand name is easy for people to remember and the fact that the WHITE HOUSE etc. used this system successfully last year can only help to sell the product.
The cameras are expensive then...they must be special.
I shall keep my eye on their trading updates and buy when the price shifts up a bit from where it has been stuck .Until then,if anyone else knows anything to enlighten us further please join us here.
Ethel
doughboy66
- 23 Mar 2005 17:30
- 14 of 49
Has this turned the corner? Positive update reported today and trading statment promised next week.Is this just alot of hot air or could they really be making something of this company? Answers on a postcard please.
db66
ethel
- 23 Mar 2005 20:10
- 15 of 49
Hint taken!!
I started this but am still unsure whether there is any real longterm substance here.The trading statement will no doubt reiterate what they have just said today.
The only definite purchases seem to be from Switzerland so far.
However,in 2002 the sp was 26p for a short while,showing how the market valued the share before the new security business which management is all excited about.The market(on a terrible day for small stocks)responded extremely well to the update .
They can't promise a profit till the period ending April 2006.
Let's see what the trading statement reveals.
Ethel
mistd999
- 21 Apr 2005 13:10
- 16 of 49
Hi, new to this share. Thinking about getting in but unsure why given the recent positive RNS (7/4/05) for NMI Security and expected near term news flow the price hasn't responded. Perhaps not on the bigger radar yet but there seems to be great potential.
Does anyone else have a view on how well other parts of the business are doing?
Attached RNS in case anyone's interested:
NMI Security
This update is to notify the market of a key new relationship, an emerging revenue stream, and to provide an overview of significant product improvements from IPIX.
Foreign & Commonwealth Office
We have started working with the Foreign & Commonwealth Office. This presents a tremendous opportunity for NMI Security, as their remit is to work for UK interests in a 'safe, just and prosperous world', through an overseas network of over 200 diplomatic offices.
We will be reporting more as this relationship evolves, and in the light of our recent VAR agreement, which is designed to allow us to operate in any overseas territory outside the US.
NMI Security DVR
We reported earlier that NMI Security had specified and built a proprietary DVR ( Digital Video Recorder ) that was IPIX enabled. Without re-iterating its unique benefits, a number of major companies are now interested in purchasing this unit in volume, based on its intrinsic benefits. Negotiations are well underway, and we will report in due course as to the scale of contracts.
US Product Update
ISC West is the largest security event in the US, and the forum for releasing new alliances and product developments. IPIX Corporation has embargoed many of these fundamental improvements, until this juncture. They will have an effect on the efficacy of the IPIX platform, and ultimately the ability to deliver comprehensive solutions.
IPIX will be integrating Vistascape surveillance software with CommandView cameras, to provide a high degree of situational awareness and detail. They have also formed an OEM partnership with ObjectVideo, who are leaders in monitoring 'at-risk environments' and threat detection. All this added ' intelligence' will dramatically enhance the quality of solutions the IPIX platform can now offer, and are ideal for current NMI Security clients in Infrastructure, Government & Transportation.
Night Vision
Most importantly IPIX have just released a fundamental improvement to the camera range.
The introduction of 'true' night vision, will be a tremendous boost to many of the contracts we are currently pursuing. 'True' night vision is equipped with Infra-Red, which is activated at low, or designated light levels to produce a perfect black & white image.
This is one of the key product improvements NMI Security has been demanding, and will immediately be available for deployment on key infrastructure and transportation projects.
Paul Nathan, Managing Director of NMI plc commented:
" As NMI Security continues to build its alliances and markets, it is imperative that we have the ability to satisfy the most demanding end user requirements. It is becoming increasingly evident, as we continue to intensify our assault on the security market, that more and more barriers to entry are dissolving, allowing the product to assert itself. "
ethel
- 21 Apr 2005 14:42
- 17 of 49
Hello,glad to see you here.
Since I did my last post NMI really do seem to be getting their act together.Presumably the Foreign Office pays in sterling on time!!!???
However,the punters are not rushing in in droves,so the share is pretty much day traded on news.I suppose you could "put it away for a year" but until I feel more confident I am not investing.If you can day trade then the chart is quite easy to follow.
The RNS's get more confident and keep on coming,so that makes quick trading easier.IMHO
Ethel
doughboy66
- 22 Apr 2005 10:45
- 19 of 49
I did buy a small holding a couple of weeks back ,i don`t expect any overnight miracles but i`m hopefull that in the medium to long term this company will succeed.They are building up a very reputable client base and i`m sure this will only grow in size.
DB66
doughboy66
- 25 Apr 2005 14:28
- 20 of 49
A large trade has gone through today ( for NMI anyway !) I presume this was a buy at 4p ,as its listed as unknown.?
DB66
ethel
- 25 Apr 2005 15:04
- 21 of 49
Have a look at all the trade shows Croma have booked themselves in for this year.Today's rns.
If NMI goes to these shows as well,they could rustle up lots more clients.Both stocks an interesting punt on security,surveillance etc IMO.
Ethel
ethel
- 25 Apr 2005 15:54
- 22 of 49
My only worry at the moment is,how do you think NMI are going to be able to increase share capital from 4mil to 7mil without diluting the sp horribly?
The first placing of 10,500,000 in order to raise 378,000 to purchase more equipment seems to have been absorbed by brokers,but can they continue to issue 80 odd million more shares in this manner without upsetting investors?
My maths is a bit dodgy so maybe one of you can have a go.
Does this mean a shares consolidation later this year ?If so I prefer to wait.
doughboy66
- 27 Apr 2005 09:51
- 23 of 49
Good news reported today up %15 at the moment ,i think they have started to turn the corner sooner than i thought.
DB66
ethel
- 27 Apr 2005 11:57
- 24 of 49
Well,db66,it looks like things are looking up.
Seymour Pierce are the new house brokers for NMI and will hopefully place the new shares issues without too much trouble.Today's price rise is not related to the amount of shares bought registered on my screen.Volumes don't reflect the sp,so someone has been buying off screen.I would like an answer to the questions I raised on the 25th April.
Also note that 2,500,000 of the new shares issued will go as allotments to the directors.Is this in lieu of pay or feathering the nests of certain individuals?
I thought today's RNS was a bit cheeky with the royal "appointment" hinted at because of certain work that they did in April!
The new police contract looks good.Yes,they are really moving at a faster rate than I expected.I am wary that today's rise may be followed by profit taking tomorrow.The market cap is still too small to appeal to big institutions but the sp could rise to 6p on enthusiasm from small punters alone.
The spread has narrowed since this morning,but is still much too large for me as I am not prepared to risk a lot of money at this stage.The stockmarket has become much harder to predict these last two weeks.Also...The Election looms.
mistd999
- 18 May 2005 17:45
- 25 of 49
Another positive RNS news flow today yet at the end of the day nothing positive in the price?? Hmm...still not sure about getting in this one yet (or perhaps at this "quiet" stage) but keeping a one eye on it for now.
Attached RNS below if anyone's interested :
New Media Industries PLC
18 May 2005
New Media Industries plc
NMI Security: Somerfield Group & World's First 'IPIX enabled' Mobile DVR
UK Retail Sales: Somerfield Group
One of the main retail projects NMI Security has been working on in conjunction
with the Certainty Group - and referred to in previous announcements - has now
been duly approved, and is progressing to the next level.
After extensive testing in Kwik Save - with an initial batch of camera
installations in situ - the Somerfield Group have confirmed an order for the
next phase of the procurement process, based on the 'feature rich' DVR (digital
video recorder) performance and 'IPIX enablement' of the installed systems.
This will involve the installation of a further batch of IPIX cameras and NMI
DVR units across a cluster of retail outlets, and represents part of a project
to upgrade the security and surveillance structure for Somerfield Group. The
Group operates 1,250 stores across the UK.
New Product Development: World's First 'IPIX enabled' Mobile DVR
NMI Security, based on close co-operation with transportation clients, has
developed, extensively 'beta tested', and can now release the world's first
'IPIX enabled' mobile DVR (digital video recorder).
It is ideally suited for all vehicles - especially buses and taxis - and can
record data from up to 4 IPIX enabled CCTV cameras. The hard drive can store up
to one week of full integrity data, and is ideal for comprehensive monitoring of
all driver and passenger activity.
In addition, the hard drive can be utilised to broadcast advertising and other
messages to screens. This product will be showcased at the forthcoming Security
Expo in Brussels.
doughboy66
- 27 May 2005 15:05
- 26 of 49
Another trading statement issued today fairly positive in my view, any thoughts anyone?
DB66
doughboy66
- 09 Jun 2005 19:57
- 27 of 49
A lot of activity in NMI shares today and only 1 of the trades was a sell.
What has surprised me was the volume and value of trades given that they are issuing more equity onto the markets on Monday at 3p a share,strange given people were prepared to pay 4p a share today.
db66
ethel
- 13 Jul 2005 15:45
- 28 of 49
Things are certainly looking up for NMI,especially as they are getting involved in transport security.The market still only reacts for a day or so on news..and this might be the case after today's announcement stating that they are going to concentrate solely on the security business.
Hope they get good money for the other businesses.
They have the right people on board and I hope to see the sp at 8p by the year end.Only offputting thing is the whacking spread,which should tighten as we see progress.DYOR and hope for the best!
Ethel
doughboy66
- 13 Jul 2005 15:56
- 29 of 49
It hurts me to say it but the enviroment we live in today is certainly going to help NMI progress from here.
DB66
ethel
- 13 Jul 2005 16:05
- 30 of 49
Yes,a horrible time for all,but the security business is going to grow fast.I am surprised to see that Croma has'nt picked up more after last week's tragic events...this is another company that I have been following and also SGD.There has to be more consolidation in this market between the smaller firms.
Interesting to note that NMI is considering a move to the Tech section of the stockmarket...should help them.Will this changeover cost them anything?
Ethel
davepyle
- 03 Aug 2005 21:05
- 31 of 49
any news from the foreign office contract?
ethel
- 23 Aug 2005 11:39
- 32 of 49
davepyle...sorry I never answered your question!
Events have meant that we now need to see shareholder approval for the sale of the media business which will be sought at the EGM on Sept 7.
I think NMI are lucky to have sold this loss making business for 1 million,although obviously they would have liked more.
The admission to the market today of millions of new shares has encouraged the mms to raise the sp on virtually no sales.The horrible spread is a bit of a deterrent.
The management moves fast and will be keen to get the Olympic contracts.If this security system is good enough for President Bush and Prince Charles then it must satisfy the criteria for top level protection.
Their upgraded website is a great improvement on the old one.Shareholders would be foolish to vote against the sale of the media business.
IMO this company should do very well,as long as they don't make mistakes......!
ETHEL
doughboy66
- 23 Aug 2005 11:55
- 33 of 49
I really did have high hopes for this company like you said Ethel the client list speaks volumes about the products they have to offer.
One thing i am fed up with is the constant placing of shares on the market to raise funds for replenishing stock,i`m a bit sceptical of this excuse!
DB66
ethel
- 23 Aug 2005 13:42
- 34 of 49
Also,if you are going to raise money,get it over with in one large chunk.2 million seems very small to me if they are going "big time".Should we expect another share issue in a few months time?At least it does'nt increase debt levels and today's dilution(IF the new shares have reached the market)does'nt seem to have hurt the sp.
We shall see...I am already in...ignored my stop loss and lived to see the horrible drop last week.
LOL ETHEL
doughboy66
- 23 Aug 2005 17:23
- 35 of 49
Would we be chucking good money after bad if we averaged down our holdings?
The company states at the bottom of RNS ( NMI Security Limited expects to grow substantially over the coming months)
Also RNS issued about holdings in company.
Eden Capital Fund holds 132,150,000 ordinary shares in New Media Industries (representing 26.4% of issued share capital) following its acquistion of 100,000,000 shares in the recent placing.
DB66
ethel
- 26 Oct 2005 15:27
- 36 of 49
What on earth is happening to the sp,especially after the recent RNS about the collaboration with GE?
For the past weeks it seems that the sp has been manipulated solely by the mms.Can someone put me out of my misery?This company seems to be going the same way as Planestation,which I owned shares in......oh dearie me.
Thanks,
Ethel
bristlelad
- 26 Oct 2005 19:41
- 37 of 49
hi ethel WELLCOME to the club////
ethel
- 27 Oct 2005 08:57
- 38 of 49
I really had hopes for this company and am surprised at the lack of support from the market.
They gained some pretty impressive contracts quite early on:i.e.Prince Charles's wedding and I thought that after the cash raising had finished diluting the sp everything would accelerate and there might be Olympic contracts in the future.
But this situation makes me think that management want to take the company private.Any ideas,Bristlelad?Nice to know that I'm not the ONLY fool who bought these!!
LOL Ethel
davepyle
- 28 Nov 2005 15:39
- 39 of 49
anyone have any news on these or opinion from the implications of recent rns'
?
ethel
- 13 Dec 2005 11:49
- 40 of 49
What is obvious with this share is the lack of decent bounce up on good news.There has to be an improvement in the sp if NMI gets work on the London Underground up-grading the security system.Only question is the contracts and how they are worded,i.e. payment arrangements.
NMI have recently raised more cash,maybe investors feel a further dilution of share value is possible through further fund raising in the near future.
Whatever,I feel that the sp is presently too low and hope that investors take note of this company which has serious intentions to be a major player in the security surveillance business in Europe.
DYOR and LOL
Ethel
Kamala55
- 07 Jan 2006 02:00
- 41 of 49
Hi , i invested in nmi in april 2005 as i enjoy the aim market and love electronics so here i am,hugh lose in my shares but hanging in there they will go up not the timescale i was told by my broker but as they say can go up or down,not complaining.Time is the key here and sales.
Back Soon
Kamala55
- 14 Jan 2006 04:00
- 42 of 49
Hello, nice to to be back,i see not much happening apart from 1.40 sales are needed here like i said,one thing i know is our local council are looking into upgrading their systems after a bit of agro in town,shopping centre i know this because i have contacts within the shopping centre may be worth passing on on approaching the centre manager.
Northampton.
new fool
- 01 Jun 2006 18:23
- 43 of 49
I have bought into this share at a low level, i have put my belief in the product, although they have many rivals in the market. As i was told this is the next big thing,think how many security cameras there are in a city centre, this is new tecnology with general motors behind them ,will be like swapping your old vcd for a dvd. Only take abit of time for the big fishes to catch on.I HOPE
new fool
- 02 Jun 2006 15:32
- 44 of 49
Not bad 6% in one day lets get laughing, the figs for the company are good and will only get better, you been to a casino, look at their security system this company is bringing it mainstream, at low cost, tecnology not new , but patened, happy times ahead, WAIT AND SEE.
doughboy66
- 02 Jun 2006 18:33
- 45 of 49
You are a fool if you think this going anywhere look at the history of the company constantly diluting shareholder value.Yes i once did believe it had potential who wouldn`t given some of the clients they have had in the past and current security climate .
Good luck you will need it
explosive
- 02 Jun 2006 18:55
- 46 of 49
I disagree, security is benefiting from year in organic growth at the moment. Both business and the consumer are investing highly within it to ensure insurance premiums are lower. Lets not confuse "diluting shareholder value" for market share which pays the long term investor. Good tip Ethel!!
doughboy66
- 02 Jun 2006 19:35
- 47 of 49
Respect your opinion explosive and hope your right .Why is it a good tip though because the SP has plummeted since this thread was started ,i don`t think you would be to happy if your shares performed like this one.It may come good but it is going to take a long time to get back to the 4.38 p it was when thread was started, hardly shrewd investing.
Tonker
- 14 Jun 2006 18:17
- 48 of 49
large x trade today of 44million thats 8% of the company... Large x trades in penny stocks are very good indicators of price rises to come. They show that a potential large seller and thus large overhang have been cleared as the stock finds a new buyer... hoping for some good news
Tonker
- 25 Aug 2006 20:41
- 49 of 49
some good positive large buys today, no large sell off after the recent rise, could be a good sign, if the selling price breaks 1p, could rise a bit more. strong resistance at 1p