AGM today and starting to tick up.



http://www.mediwatch.com/

I'm generally optimistic though you never can tell what is going to worry the Americans next.

Election - I don't think it will make much difference to the markets whether it's a Labour or Conservative victory - the markets are likely to be slightly more stable around election time if Labour are returned based on the "better the devil you know" principle.

Oil - prices are coming down under $50 per barrel for crude and I believe that this will continue to come down relieving pressure in the US markets. OPEC are going to produce 500,000 more barrels per day which will help keep the price down.

US interest rates - tricky to call this one, expect further small increases much like we've had recently to keep the economy on an even keel.

Gloom - we're at the bottom of a market cycle - the doomsters predict that the recovery we've seen in the past 2 years is just a rally in a long term mega bear market. Most people are looking at a sideways movement in the UK markets (many stocks still undervalued) this year with some of the top taken off the US markets markets (as we've recently seen) because several stocks are seen as overvalued. I'm long on the Dow today so we'll see how it goes short term. Economic slowdown is predicted which is not a precursor to a market crash - just small corrections here and there.

IBM - I've worked with this shower in the past and I think they've only themselves to blame!

Sideways sounds right...quiet til September followed by fun and games til March?

Equities are projected to be more popular than shares,this year.The recent bullishness on the LSE lasted a good month longer than it should have done historically.So,the recent correction was inevitable IMO.The deterioration of the American market and the situation between China and Japan is a serious threat to the stability of world stockmarkets.
Will the investment in small caps,which is what we are nearly all interested in on this MM,suffer as a result of market uncertainty on a world wide scale?
I feel that the market will be news driven for the next six months rather than driven by prospective earnings,p/e ratios etc.
This means that we must only invest in companies with no or minimal debt;steady 3 year sp price;reliable management and a novel,possibility patented technology or idea.Dividends as an added bonus,of course.
MDW satisfies some of these criteria and I sincerely hope that they can give us some good news,soon.
When that happens ,I think that the fans will push up the sp very quickly!LOL

Overgrowth

u say "Labour are returned based on the "better the devil you know" principle"

well with tony blair as our dictator, he is the DEVIL

turning blue very quickly......is something about to happen?

Just when you least expect it up it goes, one you cant afford to be out of.

Of course it's nice to see a bit of blue, but let's not get too excited about a half pence rise on total trades value of 8K.

optomistic - a bit more exciting with a single buy this morning for around 17,500 - that's a lot of cash to invest in a small co. in one go.

Is this the start of the run up to some news ?

Yes overgrowth a good sized buy, yet the bid is still being held down, leads me to think that the dealers have stock on the books. As to the news it seems so long that we had some it must be due soon.

Tempting to add if we see the drops to tempt the buyers. Surely the RNS's are due soon, results due before end of June, need something positive before then.

Does everyone still believe? Tempting to top-up whilst low but where's the news?

Seem to be following you about tonight Andy. Still holding these, but not really anticipating any news, would be rather nice though!

PTH

http://uk.yahoo.com/

I still hold a decent chunk of Mediwatch - they seem to do nothing for ages and just when you're on the verge of selling through boredom, along comes the good news all at once.

The US deal will transform this company, I'm certainly hanging on in there until we see the profits rolling in from that one.

Is happy1 still around ?

This thread is looking a bit stale and boring, I was thinking of creating another one with decent charts in the same vein as CFP and COH, that's if happy1 has no objections.

Rumour has it that news on the PSA stick test is to break very soon - that could explain the much larger sized buys coming through over the past few days.

Please create a new thread,overgrowth.I am waiting with bated breath for some news to shake up the sp.Interesting charts would help us to follow the price movements,volume etc.Could you put in a concurrent one day/five day chart as well,please?
This is an interesting company that is being largely unsupported by investors.It deserves more.
There are other good companies in the medical field,like AP.,HCEG,PTI and AMS that don't inspire much enthusiasm,despite their patents and original,niche products.I hope that MDW does'nt struggle on waiting for the due recognition
that it and those aforementioned companies deserve.
A new thread should do the trick.

Yes please OG. stir up some interest!

overgrowth,a new thread gets my vote

me too

There is now a new thread to check.