Why are we again at 10.5p bid?

It doesn't add up...

Good Results + Strong buying pre results + Christmas online buying soon = Price drop

Then again some companies that have debt for equity hanging in the balance, poor results and bankruptcy around the corner and they go up!

Why sell now at a loss?

Wont that be a kick in the teeth when we see 13.5p 14p again!

Best of luck all.

Thanks for that gruffly bear

Anyone see this....?
"UK's Retail Decisions surges on bid hopes
LONDON, Jan 27 (Reuters) - Shares in Britain's Retail Decisions Plc surged on Tuesday on market speculation that a bid for the card-fraud prevention firm was imminent.

The company declined to comment on whether there was a bid or whether it was in talks.

"We never to react to gossip and rumours. When something is announced it will be announced via the normal channels," a spokesman for Retail Decisions (LSE: RTD.L - news) said. "We have no plans to make an announcement to the exchange."

By 1339 GMT shares in the firm were up 13.4 percent to 23-1/4 pence, having earlier hit a 26-month high of 23-1/2p, valuing the company at 67 million pounds ($121.5 million).

Trading in the stock was heavy at just under 12 million shares, four times the daily average over the last 90 days.

The stock has more than doubled since the company said in November that profits would be higher than the market had expected. "

i got out at 22.80 but will come straight back in in 1 to 2 days time,with the nasdaq down.i suspect a tree shake tomorrow,mms need more stock,the next resistance level at 28p,and perhaps more info into this rumour,as somone else put it sell on rumour buy on fact.

I thinkthe term is - "buy on rumour - sell on news" lol

Lol! I certainly won't be selling on this rumour (from Terry Mardi on iii):

"I had a chat with my source in the city, the rumour they have is that RTD is in bid talks with an ovearsea's company, with an offer of circ. 75p

Wathch this space, he said the share shoud be around 30p by the end of the week?! "

Overgrowth
How reliable is this "source"

overgrowth

That makes me more confident that I bought back in but even sicker than 10 parrots that I sold before.

mitch - I've no idea it's not my source, though RTD have been getting a lot of exposure in the US recently and some of those guys have deep pockets....

Slightly more sober news from ace trader Robbie Burns (www.frequenttrader.info):

"So - Retail Decisions, what can I say! It's leapt higher and you're probably wondering why I'm not taking profits - it's because it looks like there's some resistance to move higher around 22-23p but once through that, 30p looks likely. I'm staying put!"

apple - a good move buying back in anyway. If RTD get bought out I think we'll be handsomely rewarded. However, if they continue on their own and you have the mettle to ride out the dips then we're looking at serious money in 1-2 years provided there is no serious market catastrophe due to weakening dollar or whatever (breaking the 1 barrier will probably be the hardest).

i take rumours with a pinch of salt,look what happened to that so called us army rumour sod all!

RTD was moving up sharply without the rumours anyway - why worry?

I'm so glad I didn't take any notice of "BANKONE".
I'm showing a profit of 119% at the moment and still intend to hold.

Apple, i've got no sympathy with you. I keep on telling folk on this BB to stay with RTD and not to do with ramping either.

Anyway i think RTD will go to 30p in short term and expect a big rise when results are due out. Remember NSB went up 33% last week and RTD will be better than theres. Even 30% of 30p gives you 40p by march. Still have contracts to announce plus this bid rumour.

Oh joy!!!!!!!!!

Could be towards 1 in 6 months time, lol

cheers OG
not sure what I would prefer....a takeover @ 70p
or to wait 12 months for 1 which is where this is heading without the rumour

Interesting news on the "takeover rumour", although it is only a rumour at the moment. Still new at this, so could anyone explain this to me. I understand how the price would go up, but why 70 pence? Any input would be most welcome
thanks in advance guys

scotinvestor

I thought it would be quite a while before it went through 20p & I wanted the cash for something else but that only made a small profit. Anyway I originally bought RTD under 10p so I did quite well.

Techmark movers: Retail Decisions soars on bid chatter

Tue 27 Jan 2004


LONDON (SHARECAST) - Retail Decisions sparked into life as bid fever swirled around the credit card security firm.

The company declined to comment on whether there was a bid or whether it was in talks.

"We never to react to gossip and rumours. When something is announced it will be announced via the normal channels," a spokesman for Retail Decisions said but trading volumes in the shares surged to four times the daily average.The shares have taken off since it issued a very bullish trading statement in November.

LONDON (AFX) - Shares in recently firm Retail Decisions came on offer after Daily Mail market reporter Geoff Foster advised readers to take takeover stories about the company with a big pinch of salt.

The international market leader in credit card fraud prevention wants to remain independent, he added.

Retail Decisions shares were 1-3/4 pence adrift at 21 by 8.20 am.

fjb/lam

Topped up at 21p. Niiiice!
Mo money, mo money, mo money !!

It's good to see another timely consolidation point.

The chart still looks very strong. Buying pressure is still there and once the short termers are out which could be as early as tomorrow (RTD playing down the bid rumour will have been enough to send many reaching for the sell button) we should be on the up again. Interestingly there were hardly any "unknown" trades - the MMs made sure that they shook the tree a bit also to keep their stock levels up.

The really good news is that RTD want to remain independent - this means that we're back looking at mid-term 1+ target prices rather than debating over whether an offer will be made at 30p or 70p or whatever.

Good news to buy in also if you missed out on the mad rush (as Javidshaik discovered).

Overgrowth, thanks for the confidence booster.　　When you say mid-term 1 pound + target, what sort of time frame are we speaking 6 months, a year?