Well said pachandl - I have been a holder for years - thought I had lost everything when they hit 3p afer the profit warnings then I thought I had recovered when they went back up to 24p then my hopes were dashed again.

The market makers are having a laugh at the small punters who wade in unaware.

I mean look at the spread 13%? No justification whatsoever.

This share should have a health warning in it!

I will hold and continue to watch but my expectations are that it will resume a downward path for the forseeable future!!

Guys if you dont believe me then do some research, ring the Company and ask them. There has been a dramatic change in the way they handle expectations since the new management took over. This time it is for real, you can believe me or not it is your choice but the signs are there!
Just read them.

M

ML - I continue to hold a large tranche. Just letting off steam. If I lose money I only have myself to blame.

pachandl

you and me both.


a question for all.

is there anyone out there who has een holding/trading tad longer than me?

more than 12 long years and counting.

no coment over recent trades/price action?

days of little trading and then a sudden flurry ( and BIG buys ) a leak or just expectation of imminent news?

I go back to 95 - nine long years. In my last foray I purchased a few k @ 6p
but my average is 28p!!
Even have em in a pep - must be mad.

Superrod - only 5 years of trading Tad, with mixed fortunes. Volume still very low so I do not read anything into recent trading activities.

cant remember eactly when i first bought, but i recall it was 10k for 30p. the name just appealed to me. sad or what?

as to reading into trades, why not? trading hasbeen flat for a while and suddenly 200ks appear. mms tick up for no apparent reason

i bought at 6p watched them go down to 3p then i sold when they shot up at 24p and bought them back a while ago for 11.5p

First bought in March 2000 at 53p and sold a few days later at 72p. I've never held for long although I'm not a trader. I've noticed 2 things:-

The shorter the time I hold, the more chance that I'll make a profit.
Most purchases have been at a lower price than previous ones.

Still, surprisingly, in good percentage profit overall.

First got these in the days of Michael Walters, however long ago that was!
Sold what i had on the way down @10p bought back in @5p and above. My average now including the first loss is circa 13p.
I personally expect to triple my holdings value in the next 6 months. Then they will really take off big time.

M

superrod
The share price has risen on Softbanks announcement with Stream and the intended takeover by tad.

thanks yuff, little time these days to keep the tabs i ought.

Rod

Might be a good time to make some time if you know what i mean, especially if you get your order filled. We have to have the details of the ST deal next week in order to complete this financial year. Once the deal is approved there is quite a backlog of business to follow so I understand.

Good luck mate.

M

cheers ML

The current chart situation is an interesting one.

To break though the strong resistance running from 11 to 11.75p (more like 12p on a 3 month chart), high volume or lengthy attrition would be expected. Over the last 3 days of rises, the total volume recorded (LSE only) is 3.3 Million. This has enabled the share to rise 1.5p right into the middle of the resistance. I find this very hard to understand in TA terms.

The price has risen through the 20 day EMA to touch the 50 day EMA. The 200 day EMA is at ca. 14p currently. I will take the bull by the horns and say that the price ought not to break 12p and should drop back below resistance. If this doesn't happen, however, the situation suggests strongly that some 'defenders' in the trenches are convinced that they should be looking to change sides.

I can understand the psychology that would lead to this. After all, the price has risen significantly in %age terms, but not a decent amount given the spread. That means people are not looking at a decent profit yet and are likely to be unwilling to sell at this point. The question is whether those who bought at around this price on the way down are prepared to sell to get out more or less even.

And that's a moot point. I simply don't know.

Indie - totally agree with your analysis. Slightly puzzling price movement unless there is a big buyer in the wings (how often have we heard that one!). A quick statistical analysis (on the back of a postcard) would suggest that a daily volume of 5/7mil over 3 days would be needed to really start breaking resistance levels effectively and marching us up to 15p.

Stay tuned!
This will be the Week

M

Sorry chaps but I cant see any break upwards.
Tad is very very oversold and was due for a nudge up but thats all it is - sucking in the unwary. I wouldnt be a buyer above 10p.
As for this will be the week - come on how many time has the been said.

Keep looking son, you will soon be amazed!

M

Well Moneylender I hope you are rignt and I am wrong but I just dont see it.
Another false dawn I think.

All the best anyway!