Oystertech's recent results were a disappointment after such a good run over the past year or more; hit by a one-off rationalisation charge. However, the company sounded upbeat on prospects and insisted that full year expectations would be met.

Since the share price drop on interims, the price has begun to tick up again, helped by a 30,000 share purchase by the FD.

Looking at the chart suggests to me that one or two more ticks in the right direction will see the shares heading for blue sky again.

I'm surprised that OYS has no mentions here. Have I just missed them or is there a problem with this little pearl that I'm not aware of?

Edging up now - it was touch and go there for a while at potential short-term falling resistance. Some of today's will must be on a a bit of pseculation of press comment about the Paul Davidson trial, and likely favourable outcome to OYS, but that can't be very significant. First target still 28p.

A higher low showing, just need the other bit of the equation to come right now... :-)

The patent case has just been settled out of court - buy OYS quick before the news gets out!!

Added twice more under 25.25, but only just! :)

DAVIDSONS BEEN DONE, shares about/are rocketing!!!!!!!!

Pappy

Freesliced all 3 buys, happy with +6% net; might get a chance to add again lower tomorrow depending what news is in detail, what turns up in the papers, and how the mkt reacts.

Jumped in again

The company would appear to be meeting strong selling pressure at 30 pence

nice drop.

Skreen,
Are you psychic or something?

Pond Life,
Conversely there is strong support at 23p (its current price).

now it will go, be allright by 4th quarter

the strong pressure seems to be going the wong way....any forecasts as to how far ???

Not had a look at this one latley, seems to have had more ups and downs then Jeffrey Archer!

Looked quite promising when I started the thread but a bit of a dying parrot at the moment. Longer-term chart shows possible next support around 16p.... :-(

Ouch!

My spread bet was stopped out this morning. I'm out of this for the time being.

The share is very much oversold at the moment but I am waiting until it beats its 60 day moving average

OOPS!!!! down we go

Whatever happened to OYS...anybody can kindly tell me?

hyleo98

only from memory, I think it died a death, changed its name, then died some more

Actually flipped it sometime in distant past but when their gone I try to completely forget them, otherwise I woulfd give up this game :-)