Why are we again at 10.5p bid?

It doesn't add up...

Good Results + Strong buying pre results + Christmas online buying soon = Price drop

Then again some companies that have debt for equity hanging in the balance, poor results and bankruptcy around the corner and they go up!

Why sell now at a loss?

Wont that be a kick in the teeth when we see 13.5p 14p again!

Best of luck all.

OG

Did you read fatboy on ADVFN - the smell of his fingers burning this morning was delightful

fundy I certainly did lol!

I think Manzarek has just hit on a good point over there:

"One of the interesting things about the Macys deal imo is that they were using their own inhouse system which clearly wasn't up to par and was presumably quite a cost.

I suspect this condition probably exists amongst a lot of the blue chips who will have their own IT depts and legacy systems which were utilised as there internet ventures started.

Prestigious deals like this and the Travelocity one should open a lot more doors for red into those blue chips.

The other recent development seems to me to be that web commerce is reaching a critical mass, if you like , at both the value level and the technical volume level.

This means that not only are these inhouse systems not up to the job but that the amount of retailing that has migrated to the web now justifies suitable investment by these companies.

Those traditional retailers who had a "token" web operation and are now losing out on the high street may be forced to rethink. Even if this is all bo***s still good news imo."

OG

I agree totally - its also a nice one on the cv - "if its good enough for macys/bloomingdales then its good enough for us" may well be heard in a few boardrooms in the near future

I expect that we will see further news of more contracts signed over the comming weeks. Don't forget the smaller contracts will not be seen until results are released and they will also add up significantly.

Thanks Washlander, yes that's the way i'm trying to think of things :>))

Exciting isn't it......... ;o))

:o)))

Douggie buy a few more today and push price through 30p. 35p just around the corner. %-))

Fred how I wish I could....I have been fully commited here for over a year, in fact I sold 50.000 at 11p 10% profit 'cos I thought I had too big a % of my capital in one place. ( I put it in CYH now in red to tune of 57% :-/) thats why I nip my bum so tight when it looks like it may go back lower.

Feeling prety confident at mo. :o))

Just got back from working on the house - nice to see the price begin with a 3 - heres looking to a 4

Be nice to see it get to 40p+... However, wouldn't mind betting that we'll startr to see some tree shaking and profit taking in the next few days.(imho). if it goes back to below 30p.. i'm going in again... :)

Funny volumes of B to sells with price going up. Some may be mispresented but not in the proportion showing. Are the MMs after shares again. I hope so.

...:o)).....shhhhhh.

Douggie didn't you tell me you had bought 500K of them Jan 2004. Or is my memory failing me again. But if not I think it was reasonable to sell a few at 10p. :+)) have a good day to-morrow.

Glad to see that big smile of Douggies at last. Hi Fundy thanks for the 'alert'

Fred if I had ever had 500k in a lifetime I wouldn't even think of being here ........
not even in my dreams!!!!!
I am trying to make 1% of that go a little further ;-\

And thanks to RTD am being successful .......HOORAY :o))

How does it work today sell/buy 11/20 and sp UP? HOOORAY again I will try not to be too dissapointed when the inevitable retrace hapens

The buys sell ratios are odd. I know that some trades are misinterpretated but not usually to this degree. But the price is going north. This must be on MMs thoughts about future purchases and they rarely sell at a loss. Legs crossed. Have a nice day everybody.

:o))