PURSUIT DYNAMICS NOW MOVING TOWARDS COMMERCIAL INSTALLATION OF BIOETHANOL SYSTEM
(PDX)
blueface
- 10 Jan 2008 09:55
Following successful third phase of PDX's Biofuels programme, city sources are now predicting a huge contract followed by several others will be announced in very near future..Recommendation Strong buy at these levels.
i will not hold my breath for contracts......these lot been in business for 7 years and the turnover is still only 3M per annum (the same as a busy chip shop) lost 7M last year...so even a couple of 1M contracts aint gonna make much difference......profit is miles away and will never be achieved
A respected city source informed me today that there was a sizeable forced seller in PDX to raise money to meet a margin call where the client had lost in SCI after their profits warning came out after hrs yesterday and SCI shares collapsed this am- so the fall in PDX is only temporary and the shares will recover their poise again.. why not take advantage of forced lower price to top up!..
3 x wide - you dont expect us to take your bait do you. Say something pertinent or constructive and we might. At the moment the MMs are keeping us busy (and dizzy!)
oaks.....i have said something pertinent ie this comapny does not have enough cash to last a year at current burn rate, they have a miniscule turnover...people do not want to seem to buy their product or quite simply they would....it has been around for years
it is very simple to see that at current share price and market cap this company is a short and if you were a value investor instead of a pie in the sky man you would see that.
or lets go with blueface's arguments....i met a man down the pub who scribbled PDX on the back of a fag packet so it must be a buy
I am amused by the personal comments directed at me!..take it as you will guys but I am only passing on raison d'etre for some of the wild movements in PDX's share price- when one has worked in the investment field in the City for over 30 years one gets to know who are reliable sources of info and who are not- I get the impression that some of the comments put on this thread are coming from novices who think they know everything!Good Luck to them I say!.I am very happy with my own research and sources and I have made LOL over the years!
Someone who has worked in the City for 30 years and is confident in their investment doesn't persist in starting multiple new threads on a finanical BB in a desperate attempt to ramp a dodgy blue sky stock.
Perhaps you guys have forgotten that I posted PDX a strong buy on this thread when they fell back to under 1-60 before X-mas 2007 - and Mr J. Morley has bght more today!..say no more...
blueface...you are a clown........you have based your investment on the fact that you have heard from people in the know...if you had 30 years in the city you would realise this is comical...that fact you dont shows that you have probably invested about 1 grand in this and you work in a chippy.....case closed ya clown
City chippies,City taxi drivers and chauffers get to hear the real inside stories- only wished I had been one and I would be retired by now in the Bahamas!!!..have fun in the meantime Treblewide guessing where PDX are going to next!!..I am still sticking to my guns as a holder of PDX until I am ..."Blue in the face!!"...like Mr J. Morley.