A pretty good trading statement released and plenty of "points" to drive this forward.Interims out on the 21st and a current spread of 14.25/13.5

Where to next ?

See Fidelity feel confident by upping their stake.

LOL !

Positive candidate (9 May 2003) [Auto] Help
Has fallen 83% since the peak on 1 Feb 2002 at 95.50. Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. The volume balance is positive and strengthens the stock in the short term. The stock has broken up through the resistance at p 15.00. This predicts a further rise. In case of negative reactions, there will now be support at p 15.00. High risk with an average difference between the lowest and the highest price of the month of 71%.

Another great performance by MDY today.

yet another great performance by MDY today.

See there was a mention in the FT that MDY has " turned the corner" and shows positive signs of recovery.

"Stars and dogs: Telecoms in focus
By our markets staff
FT.com site; May 16, 2003


Telecommunications companies were in the spotlight this week with Cable and Wireless taking the crown of the best performer while Marconi plummeted in its last week of trading.

Medisys, the medical products maker, rose 24.2 per cent to 20.5p this week, its highest point since late September, as dealers reassessed the companys long-term prospects. Delays to the delivery of its Futura safety syringe made 2002 a write-off but this year major investors like Fidelity have snapped up shares.

The imminent launch of Futura this summer and control over its cash burn rate have made the Medisys story more attractive, but others point to its high valuation and risks to the developing syringe market as reasons to be cautious."

Harsh treatment from the market for MDY this morning considering the lack of nasty surprises. The successful launch of new products could really push this one forward now cash burn seems to be under control.

I take a trading interest in these on occasions

Edmond Jackson: Medisys cannot escape volatility
21 May 2003


Following a sharp rise in the share price of medical safety and diagnostics group Medisys, it has declared 'significantly improved' financial performance today in its interim results.

Expect a trading statement later this month.Could be a good buying opportunity at this level.

Can somebody explain why,given all of the recent positive news about Medisys,(the roll out of products and the deal with Wal Mart)coupled with market buys exceeding sells on most days,the share price appears to have been driven artificially lower.Today's early price loss is a prime example of this.

I think like myself most investors run a stop loss medisys ran through mine and i sold them off looking at the charts the sellers are outnumbering the buyers as more stop losses are breached.But do not dispair a new buy signal is forming.I think anything around 17 to 20 is a possible support.

Well looking at the activity today I think we can safely say that the support well and truly kicked in.I am looking to add on Monday as I see a rise back to 25p on the cards in the run up to the trading statement.

What date can we expect the trading update ?

Returning to my comments of 12th Sept.Can anybody make sense of today's drop in price given the buy/sell ratio.This following on from a 0.75p rise yesterday when sells far outweighed buys.Price manipulation?

You must look at the bigger picture. Sometimes you need to look one or more days before and after to get the true picture. Some days MDY will drop with more buys than sells, the next day it will go up with more sells than buys. Average the two days out the price stays the same with buys and sells equal.

Another thing to remember is the MM's will make money if the price goes up or down so the will manipulate the price.