PURSUIT DYNAMICS NOW MOVING TOWARDS COMMERCIAL INSTALLATION OF BIOETHANOL SYSTEM
(PDX)
blueface
- 10 Jan 2008 09:55
Following successful third phase of PDX's Biofuels programme, city sources are now predicting a huge contract followed by several others will be announced in very near future..Recommendation Strong buy at these levels.
I am still holdg my shares despite the short term fluctuations and if PDX drop any further I will be buying some more!..I made a very nice turn in meldex so have some spare cash to reinvest...I also like Ceramic Fuel at @18p having come back from over 40p in recent months.
Assuming you did what you said you would & bought around the 150 mark or lower, it might be advisable to take some profit just in case the trend goes against you. You can always buy back in if you think the support level of 150 is going to be reached again.
despite the huge plunge in Footsie today look how well PDX are holdg up ...tells you something....I am sure J. Morley is not a complete fool!..good news cannot be that far off...
Good performance again today..holdg up very well despite gloom & doom elsewhere..these shorters are trying to get the stock lower I know but they will soon be caught with their pants down!..
Very strong end to the day for PDX...I like your sense of humour Oakapples142!..it would be an amusing sight to see!..I sense an announcement is coming by the way the shares are behaving..let's keep calm and await the good news..LOL
with 1.4m traded on friday last week, I would not be surprised to hear that John Morley has been buying more shares again!?!..also crest are calling in people who have CFD shorts in PDX to close their positions-margin calls,etc!..watch this space!
So you are right about John Morley. Might be better perhaps if someone else was buying them ! How do you know the Crest info ? Some smallish amounts of selling to-day which is to be expected after such a good previous week.
One of my city stockbroker's told me about Crest settlement system- they do not like people who run short CFD positions for too long when the shares are going against them as in PDX's case.Delighted to see John Morley has topped up again-he is obviously building a handsome stake for a very good reason- if PDX get a take-over approach for example when they announce their commercialisation deals, J. morley will be very well positioned!!..I personally see these shares going alot higher as I have continued to stress on this thread..Oakapples142 will have so many apples you won't know what to do with them!..by the way I was down at the South Coast yestrday at Emsworth- took some cracking sunset photos with my canon digital reflex camera!..I also visit Bosham quite frequently -my father learnt to sail at Bosham in 1922!!