The chart for this stock says it all.

The company is quickly becoming a real gem in the telematics field, over the last month the co. has announced re-seller contracts which will bring in min. 2m or >30% of last years T/O alone.

The company is already experiencing massive organic growth so the co. should be profitable now following last years 500k loss.

The co. has approx. 6m cash and is in one of the hottest growth areas at the moment.

With a market cap. of 25m this will be re-rated x2/3 minimum within the next 6-12 months IMHO.

MM buys went through on Friday with T/O continuing to build, one to put on your monitor...

Not if they go into profit - but the big question is when?

Perhaps you are correct.
I would be surprised if they go over 8p

tree shaking or problems?
any ideas guys?

Interim results are due out (Last year 14 Nov) and people (like me) are speculating reduced losses, and expecting price to go up. (Which it has) and many have made good profits already and are selling (Sold 1/3rd of my holding after making 15% profit in less than a day)

Able to trade on the highs and lows thanks to relatively small splits in the ask/bid prices generally.

Watch it like a hawk though as it moves quickly and in big chunks!

they dropping so quickly this morning.

I know - the spread can be terrible then suddenly it improves. I have Level 2, so can see how misleading the prices are. I think the main problem is that the MM are only dealing in 100,000/50,000 blocks (which @4p is only 4,000/2,000)

Although the share has dropped a bit, 3 are raising their prices, and one one isn't.

i saw lot of ppl buying not many selling in average.

DOC the next one to move northwards substantially.

Again, it looks like the MM are happy to raise the offer price, but are not so keen on raising the bid price!

the share price rising again....

i still want to know why it drop a lot in the morning.

I think the MM believed there would be a lot of selling, so the started at low prices. The decide the price they can make money. If they get it wrong, they lose!

All the MM have finally put thier bid prices (& offer a bit) up - but for how long?

2 MM @ offer 4.3 & bid 3.8
2 MM @ offer 4.5 & bid 4

I think no cause for concern e.g.Dealers expect bullish newsflow.

4.15 @ 26,085,724 = - 0.17/-4.05

Stable now @ 27,000,000 i.e.still 4.15.
I was unable to find any Negative info from any source.
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Leaving in 5 mins---to try and make money

Back again as am interested in this share.

Gone up to :-
4.17 = -0.15/-3.47 per cent @ 28,323,764

I can understand why the MM are keeping the bid price so low - I think they are trying to build up stocks of this share. The bid price creeps up to encourage sellers, and then drops back down.

At the current level if the take 1,000,000 shares off us @ 4p and then sell them back at 4.3p then they only make 2,800 profit. Not much for a MM for the risk that they may not get enough takers

Results date yet to be issued but cyh have confirmed it will be november.

Two write ups today Daily Mail and Daily Express both saying that major deal is imminent and strong results expected.