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House broker "Expects further acquisitions "soon." Has 6.5p target"

The important bit is

"House broker".

For "House broker" read "please ignore".

When EVS acquired 75% of Seven their share price remained flat and then fell a bit. When they bought the remaining 25% their share price dropped and rapidly halved in price.

Still driving your Lada are we?

What is a Lada? Is it a car?

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I do hope this is what everybody else sees!!!!

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But of course!!

Haystack - 13 Jun'05 - 14:07 - 723 of 727 (Filtered)

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Ah, music to my eyes!

How often does one keep poking themselves in the eye before realising it is a waste of time and hurts a lot?

It could be a buy if it went a lot lower. There is not enough upside at the moment. Even an over bullish house broker is only talking about 6.5p and that probably only equates to 5p in the real world.

If it drops to 3p it could be a good short term punt. I am less optimistic about EVS in the long term. Cut price calling companies are ten a penny and they are all finding life tougher all the time. There is too much capcity in the matket and the prime telecom carriers will squash them at some point.

Haystack: What on earth are you talking about!

The price dropped 4% today. There was a 2 x 100k rollover trades and a few late declared trades that look like buys, but were more likely sells. Overall I would say that the balance was in favour of the SELLS today and the price dropped as well.

My guess tomorrow will be similar but a bit worse as far as the fall is concerned.

Grevis thats not talking thats a duck farting.

Grevis, can you try and abide by the 'two-liner' above and not respond to him.

It will be the only way we can preserve at least one thread for more sensible discussion.

It is working well so far and as he is only probably pasting the same rubbish he does on the other side anyway, filtering does save an awful lot of space!!!!

Cheers

AD!

I get the feeling we are about to see a re-enaction of the situation a few weeks ago when the SP was manipulated by the MM's to keep the price down.

1 million trade sneaked through after close!!!!!!!

I think the MM's got the price down to cover the 1 million buy.

You're probably right Red. They did that when Strathclyde were buying in, the '1m' buy sneaked in each day after close so it wouldn't effect the SP!

So, there was a 1m SELL today. It looks like the MMs were working it through during the day.

What will show if the same thing happens again tomorrow.

The 1m SELL may cause a fall first thing tomorrow.