Pursuit Dynamics plc is a UK based research and development company, which was founded in 2000 to develop and commercialise a revolutionary pumping and propulsion technology. Pursuit Dynamics (symbol: PDX) was listed on the Alternative Investment Market of the London Stock Exchange in May 2001.



PDX 25 Sonic.

The PDX Technology is a steam-based system that has applications in both pumping and marine propulsion. It is cheap to manufacture, extremely robust, contains no moving parts and is virtually impossible to block. Pursuit Dynamics owns 100% of the Intellectual Property Rights that surround the PDX Technology.



Pursuit Dynamics is now working towards the commercialisation of the technology it has developed.





Corporate website : http://www.pursuitdynamics.com/


Pursuit are rumoured to be close to closing their first deals, which may be in the food processing industry.

oakapples1,

Now up 16p to an all time high of 240.5p MID!

Let's see if it holds, but every deal is a step in the right direction.

This may happen...

Niels...thats a good lilnk.
I wonder how they have arrived at 4.19 for a SP???hmmmm

As for US deal thats excellent and I hope Kidde and Nasa are next.

Nice steady build of orders and before you know it PDX is generating rather a nice mount of earnings.

God I wish I had funds for buying additional amounts....:-(

andrew,

So do I!

Apparently EK is still short, but he must be 40 points to the bad, so any more good news could well force him to close out, which in itself would benefit the SP.

Andy

sorry...whos EK?

EK is Evil Kineval - a notorious short player in the uk markets. Just the rumour that EK is short in a stock can often send people heading for the exit with the subsequent effect on the stock.

If you look back at the chart for February you can clearly see where the first rumours that he was short in PDX started circulating. People ted to despise him because it is the small investors who usually suffer when this happens.

andrewbertram2003,

EK is "Evil Kneivil" aka Mr. Simon Cawkwell, a famous city bear raider, and a member of the T1ps.com website.

EK takes large short positions in companies he perceives as being overvalued, and was the first person to predict the downfall of Robert Maxwell I believe.

He has had some spectacular successes, including a large investment in PDX as it rose last year. He has also had some enormous losses, including a 3 million loss a couple of years ago.

he is rumoured to be short PDX, and posts on BB's under his own name, to scare holders out, in my opinion.

EK is part of the T1ps website, ad their operation should be investigated by the FSA IMO.

Thanks for info on EK - the sort of question I wanted to ask but didn`t want to seem stupid - it is probably more than likely that he/and others come under a variety of names - I had better not mention my suspicions for fear of perhaps being wrong but you may all have your own lists of perhaps "who not to take too seriously"
Good luck true PDX followers

Oak,

Pleasure.


MAN have sold out, a strange time to do so IMHO.

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Pursuit Dynamics PLC
07 September 2005


07 September 2005


Pursuit Dynamics plc (the 'Company')

Holdings in Company

Pursuit Dynamics plc was informed on 6th September 2005 that Man Financial
Limited no longer has a notifiable interest in the ordinary share capital of the
Company.

This information is provided by RNS
The company news service from the London Stock Exchange

Going fishing............Going fishing!

La La la la la la...........fish fish fish fish fishing!

Unilike perhaps some of us they may automatically stick to set profit margins and they will have done very well out of PDX

Nice little 5% rise so far this morning!

Andy....thanks for info. Maybe we should take short positions out as a "Can't beat them then join them" approach and is that is BEAT as with a stick! :-)

If EK does what you say then I believe it will be a temporary SP dent as I still believe in the longivity and strength of this stock as a long term investment.

Lets pray together shall we in that a consistent line of news with Kidde and Nasa and others come realing in and that EK short position actually turns around and bites him.

stringy,

I think Oak's probably right, the price hit a pre-set target, and they sold.

otherwise it woiuld seem a strange time to sell, with potentially large contracts on the horizon, and a greater awareness of the PDX Sonic's capabilities.

Morning Andy - Through the 250 barrier and profit taking has quite sensibly slowed.
When it gets to 400p (my 10 bagger) you are on for a meal, in a half way house (although Bournemouth in the evening is a bit too riotous for me !!)

Oak,

I'll take you up on that!

BTW, where are you from?

Still up 12p @ 261p at the moment, not a bad finish to the week!

The volume is high (750,000) too, which is bullish.

Morning Andy

Well well !! - What do you make of the RNS to-day - rushing out catch up later (in between the Test Match)

Oaks...you takin about Man Financial but in 3%
They sold out on the 7th and by back 12th ???

Buying in at this price by a major investment house and the share price drops by 7%...urrhhh?

I would say this is incouraging is it not that large institutions are starting to buy in. Surely will life the stock even further.

Reporting out in October......whats the view?

sorry about my spelling!

Andrew, the view is that PDX so far has not told us how much money they have actually made, so the shares may be vastly overpriced. Then again, I love the technology and think the sky's the limit. If they come out with yet another massive loss the shares will drop, but I think they are worth keeping in the long run. Especially if you bought them at 32p. :)