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...

Douggie

How sure are you?

We need fundamentals rather than guess work here.

to be honest I,ve absolutly no idea, wishfull thinking and trying to take a little gloom out of the thread, bad form probably....sorry D.

I think this share is a good medium to long term investment, naturally in the short term you are going to get profit taking.

Have you all not noticed that every time the bid price hits 3p there is a lot of selling going on. (Especially as they can get a better price) There are lots of people out there who bought at lower than 3p and are making substancial profits already.

But having said that - take a look at this link(!) https://secure.comdirect.co.uk/login/fs_login.jsp

You will see details of the highest traded buys & sells through this broker!

Its not the first day Cybit has hit the Comdirect most Buys list either. Cybit has been on the top buys list consistantly for a week or so.

So we shall sit and wait?

Does this mean that once the early profit takers are out of the way the price should rise!???

G.12.....YES

Dougie

Sorry we have crossed messages.

Ta G12

tempting fait but the drops seem to be less at the mo!

Fingers xssed for tomorow folks

golfclub 12,any reply from Cybit????

Mematode

Nothing

G12 :(

Recognise that opening price!

mornin G12. disapointing intit I was looking for early profit too, I was blue for about an hour, now wondering not when but if! early trades few & red :-(

mornin G12. disapointing intit I was looking for early profit too, I was blue for about an hour, now wondering not when but if! early trades few & red :-(

I'm mothballing this one for the meantime, checking it everyday is just too depressing

What ever happens this company has great potetial and i'm going to hold because the wrot has got to stop. You take a look at M&S great company but the share price is S**t. Anyway any news keep us posted.

G12

As i asked yesterday!
Does this mean that once the early profit takers are out of the way the price should rise!???

We just have to wait for positive news about new contract wins.

They will be working on them as this company seems to be very pro active and forward thinking, so it is only time before soemthing comes along.

The price drifting down is significant for me in that I can buy cheaper and average down to a better level for when the price rallies.