The engines have fired up at last for MDX. ( BPRG ) At long last they are being recognised for the force they will become over the next two years. On the cusp of disclosing huge revenue-earning deals with Global pharmacists. These have been hinted at as being unrolled before the years end, but may be in the next days.You still have time to get in at a bargain-basement price before the SP takes off for real shortly.

Morning all.Andyis there such a section called The Market Abuse Team or The PI Abuse Team there certainly should be!. Unfortunately cant own up to it being my masterpiecethe skill and judgment needed to exercise in how the issues both legal and factual are presented are way above my level.sorry!

tabasco,

It is sad when people, in some caes without much investment experience, (judging by some of the posts on ADVFN), have become so convinced they are right that they begin to complain to the authorities when the position moves against them.

IMO there has been a general sell off of AIM listed stocks for quite a whie now, and amongst some of the reasons I see for this are; fund redemptions, CFD's closing, margin calls on leveraged positions, and general selling as people lose faith with the market., or need the money for something else.

MDX is a stock mostly owned by PI's rather than institutions, so I would expect more volatility, and I would imagine many people are using margin here, then I would expect increased volatility.

I think what you have to consider is why nobody complains when shares are rising "exuberantly"?

If I received that email, it would be consigned to the "Piss Poor English" folder, and ignored.... no doubt the FSA (bless 'em) would've done the same.....

Andyyour view..and mine come to think of it is purely conjecture...you can only work from the limited information mdx release these daysmost investors value the SP considerably higher than the current levelto see which of our views are correctI am sure will not take much longerBM has gone mighty quite on adv.. something is brewing!

Most PIs don't have the first scooby of how to value a stock, which comes as no surprise as the majority of so called analysts don't either!! :-)

Nice to see you BertPTI guess on that assumption most PIs are not very successfulhhmmm?

Probably a fair assumption Tabby, certainly 95% or so of Traders don't make the grade. I guess it also depends on how you define success; could be defined by not losing money, not losing an awful lot of money, making a small amount of money or perhaps outperforming fund managers. I think I would go with the latter, not much point in doing it yourself if the 'experts' can do it better, although more fun!

Cant argue your point PT dont have stats in front of me.. do have a few successful investors as friends I scratch a living myself and as you know Ive always maintained Im luckyperhaps Ive found my grade?.. it is also a whole lotta fun

tabasco,

I have noticed BM has gone quiet too!

Many people on ADVFN are epxecting a huge premium above the current SP for an offer, should one arrive.

Generally speaking, a bid premium is around 30% above Sp, 40% is very good, so on the basis of the current price, I would be surprised to see a bid higher than 50p.

Some people think it will be 150p, well I am not aware of a 500% premium ever being offered, so expectations are probably set too high in some cases.

If people scent a bid coming, the Sp will of course rise, and the same premium percentages would raise the required bid price, so it may be higher, but noting like 150p IMO.

Andy.. I am long termI have no delusions of fast fat profitsyou have never seen me seriously predict a pricethe company is full of mysticand I am intriguedthey never big themselvesfantastic TU told as a profit warning negative news in Mail before a single tradewhy? There is always a reason!!!! If you have time go over to the other side and read posts from 101141.

Two big trades gone in against!

Any bid (if there is one) premium will be calculated on an SP based on a level playing field, which we currently don't have ....

Todays trades have continued in the same manner as the past few months .... no matter how many buys go through, they are nullified by someone/group who are convinced they can sell at anything above 30p.This still leads me to conclude that, as the shares are not there to sell in the first place, they can only cover the trades from their allotment from a future placement, probably at 30p. The fact that a section of major shareholders have gone to so much effort to block any such actions by the old board members convinces me that I'm not alone in my thinking, and serious efforts are being made to force this blatent abuse into the open, burning the fingers of those involved, and allowing the company, and more importantly it's SP, to better reflect a market based on 100% of share issue, and not a future expanded share issue.

oooohh, touched a nerve there, alright! Biggest dump in ages :-)

Bertits laughablethis is because there looks to be an agreement yet to be announcedhttp://www.iceoperations.com/ look at the company web and on the left under formulations IP. you can see the similarities!!!
Have mdx an agreement with ICE pharma??.. Cant possible let us know!.there is only going to be one winnerthis is getting more fun by the day.

littlebert,

"Any bid (if there is one) premium will be calculated on an SP based on a level playing field, which we currently don't have ...."

Sorry but I doubt that....

WRT to a future placing, didn't the shareholders rejected an issue of 100m shares at the AGM?, so how can they have such a placing to satisfy the needs of the shorters you are talking about?

I don't disagree with the principal of what you say, you are correct that it happens, indeed it certainly happens on the TSX all the time, just wondered how you think MDX might achieve it here when it has already been rejected?

And why exactly do shorters need there to be a rights issue ?

Some of you are living in cloud cuckoo land.

The City's watchdog has responded to recent stock market turbulence by announcing new rules for investors who bet on big share price falls.
The Financial Services Authority (FSA) said it was concerned over the higher potential for market abuse through investors exploiting market uncertainty when firms are raising cash through rights issues.
Short-selling, or "shorting", is when investors borrow stock in a company and sell it in the hope of buying it back at a lower price later to return to the original owner - pocketing the difference as profit.
Smaller investors were put at risk by the practice during rights issues and it also had the potential to damage the UK market, the FSA said.

Andy - this started before the meeting at which the shareholders blocked the new 100m shares ... leaving those who had already begun to short down to what they had been assured would be the the new issue price in limbo .... however the blocking action has resulted in a stalemate .... if an issue takes place, those concerned are 'bang to rights', if it doesn't they take a financial hit....

Dil - you know full well why shorters would need a rights issue to cover their positions... the alternative is to buy 'real' shares, thus driving the SP up past where they stand in the market - so taking the accompanying financial hit!

This has dangerously become a 'pissing up the wall' contest between some stubborn bods, with MDX caught in the middle .....

Huh???

Well done Bert great answer!..thank Frankie Abbott someone knows the position with mdxa definite promotion on the way my son!