John Morley tops up his holding in Pursuit Dynamics to 11.90% from 10%
(PDX)
blueface
- 19 Dec 2007 11:36
Following on the heels of non-executive Director Brian Sweeney who bght 10,000 more shares a few days ago John Morley ( son of Eric Morley of Mecca dancing fame) has announced that he now holds 11.90%..Exciting developments expected in early part of New Year which will impact very positively on PDX 's shares.. VERYSTRONG BUY UNDER 1.60
I have been told that people in the know have been buying and a very well informed source bght 40,000 shares yesterday- his target is 5 + next year..it won't be long before these shares are over 2 again- enjoy the ride!
people in the know buying...classic......a very well informed source.....you should do your own research and work out what the value of this company is...not rely on the well worn and frankly ridiculous "guy in the know" type rubbish.
if you had worked out the valuation youself i think you would be very nervous going long...cash call got to come soon
Word has it that the company are on the verge of landing a huge American contract..another good performance in the shares today I see... share price movements in my experience nearly always tells you something and you do not get a move from 1.45 to 2 level in a couple of days for no reason especially with the likes of John Morley and Brian Sweeney helping themselves to more shares!..I am very happy to maintain my long position at this juncture..time will tell who is right!..I am prepared to back the company and its great potential future prospects.
My advice to those who have shorted this share is to close your shorts as soon as possible..these shares are about to take off!..they are up again today already and they will be going alot higher very soon..
After such a good run in past few days of course short term profiteers stepped in but this should not deter those serious investors who are on board for the real appreciation in pdx shares..if you are nervous of short termism you should not be an INVESTOR!..take a view and stick to it and try and ignore external factors if you can otherwise you will end up becoming a nervous wreck!
Note Mr J.Morley has been buying MORE PDX!..I gather from my sources that he paid @2 mark for his additional 500,000 shares..Good for him I say..and watch out you shorters...
I am sure that Mr J. Morley knows exactly what is going on and he was prepared to invest another @1m in pdx! ..all I can say is it is not what you know it is WHO you know that makes people money..Patience will be handsomely rewarded for those who stick with PDX..2008 here we come!..
It doesn't follow - folk can be swayed by the Execs who have well-combed sales pitches - if they get it wrong at one Finance-meeting they address that fear for the next and so on. Therefore it is very easy to present a beautifully crafted picture of the workd that says 's = yet, like the Artist's picture the value of the paint itself it all that exists - and that is worth coppers, probably to a Company Historian......
What matters is SALES and pref repeat sales everything else ( other than a Royalty stream!) is PUFF.
Talk (here) of a cash call will dilute early investors and those Dirs that pay too much- yet at the time I'm sure they believe their own words......Punters are always eager to get-in at the bottom - and that need Great Skill, Care - and - a lotta Luck. If this is AIM, then I won't pay more than 50p.
Furthermore I dislike Co Options and wonder if shareholders wouldn't prefer to give their money away to a more-deserving cause, like the BigIssue?
So here it is:
Low sales.
High PE
Options giveaway
Cash-call (was earlier 2008?)
DYOR
what happened to blueface and how many millions down is mr morley?....i reckon at least 20M down....just read some of bluefaces comments above...does make me chuckle...i am still short and have no desire to close...it is a large position for me and am looking for 10p level to close...this one is my pension fund