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...

Thanks for that bit of news Geoffrey.r

Was rather hoping for the share price to finally take off.

bought more at 3.36

Share price has turned - starting upwards

It has a reverse effect because the MM's know your feelings! They know you roll and jump about when you see blue and throw up at the site of a BIG red so... when you expect the screen to turn blue they make it turn red which screws your stomach which in turn helps you to sell! (for the weak ones anyway).

Then after the MM has your shares he then does the opposite and jacks the price up which of course you are OUT by the time he does this. You then get the sicky feeling again because you see your profit flying away, so you buy in at a higher price...

...and the story goes on!

I agree with nitefly on this

the fundamentals are good as the compnay is now in profit and further contracts are expected within the next few weeks

Has started to go up a bit, but won't touch 5p in another couple of days or so, as it seems.

Nitefly, love the way you have explained it. Makes perfect sense and do recognise the way the mms manipulate the share price.

With this share they work in pairs! (There are 4 MM dealing this share) Many shares have a lot more and they tend to stick together, so if one raises their price the others tend to follow.

One of them took a chance and raised the bid & offer price, but no-one else followed so it was lowered it again. The only part we saw was the bid price because this mm was giving the best price at the time. The offer was higher than all the others.

Just to reiterate what was posted a while back on the RTD thread.

Hold onto your shares until they are in profit. By doing this all you have lost is time, rather than your money!

This company has provided good news not bad? Holding stock such as this will reward....more news will provide the key, anybody have any good links to further news on AIM stocks, need to know more on possible contracts looming?

Not surprising it is - 30 from open and -10 from close
Volume 15,000,000 - City/Institutions shows the accounts are very poor i.e.
no meaningful Positive outlook : just words to put a gloss on them.

Above is the reason I wanted to sell them @ 3.80 approx - previous treads -
4 days after I bought.

more sell than buy already and not seen blue yet!!!!!!

Not surprising

Wow, if the stock does this on a good statement just imagine what it will on a bad one! I'm gutted I didn't sell on Friday...

People don't jump the gun.

Ajren - I don't agree with you. The accounts were better than expected, and the volume is nothing unusal.

Look at the types of trades. They are all ordinary trades. Also they are small trades. The institution don't trade these small amounts. People are panicing, because they bought this share for a quick profit and it hasn't materialised and are bailing out!

The biggest trade of the day so far is only 64K, even the 200,000 trades are only worth less than 9K @ 3.9! not exactly big trades!

little women i share your view. This is not a quick buck 10 bagger, but it will progress over the coming months.

As I said on numerous occassions and please do not think I am being arrogant.

Shares merely go/up down on NOTHING else other than City /Institutional
assessments.Institutions - ref Edmond Jackson and a specific government
regulation - MUST know more financial information BEFORE any private
investors/stockbrokers.Therefore,by the time results are seen by us they are
merely history.Institutions get their info from living in the centre of
the stock market world i.e.the City.
Basically,shares magazines are merely guessing - otherwise they would be
purchasing themselves and becoming BILLIONAIRES ...and then not writing
magazines.

There are exceptions e.g.cms which I was completely wrong about.However,
the Institutions ref Edmond Jackson MUST have known ALL the info before we
did.Therefore,they went up for the ONLY reason i.e.the institutions/City are
assessing the SAME information in different ways.

Also,the institutions cannot invest in companies that might fold up.That is
the ONLY reason I was able to purchase Corus at 8 p-I took a calculated risk
they would get the money.The institutions HAD to wait until it was virtually
certain they would get it rgds ajren

The mm have a difference of opinion! At 0942 one lowered the price down, 1045 another lowered the prices, at 1109 another went even lower, and at 1112 one put the prices higher than anyone else. Will the others follow, or will this mm give in to the others.

-10 has gone down to -15

My post above is not an opinion - it is a fact e.g.write to Edmond Jackson

I'm with ajren, I think i've followed the crowd and am now paying the price...