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!

Exactly Patch. I was thinking in terms of roughly 8-10 million shares to break resistance. After all, some of that resistance was generated nearly a year ago on good volumes and over a long period. We are not just talking about the resistance from the price support in that area recently.

If the price breaks through, we have to assume those who would see the resistance level as a chance to get out even are looking to end up in profit. That presupposes the volume of buys is sufficient not to give them cold feet.

Time will tell.

As I have said many times, this is the last week for the details of THE deal to be announced if we are to get the EGM in this financial year. It would make sense to be all done and dusted by the end of Sept.
By the looks of the trades over the last few days and especially today, it looks like the secret is out of the bag nad the City are waking up to the fact that TAD have the potential to become a serious player VERY quicly.

Watch this space!!!

M

ML - you may well be right but 3mill shares being traded = 350k. This does not "yet" suggest that the "City is waking up".

Go on, Tadpole! Swim On!!!

mmmm interesting but still a long way to go.

its not the city that needs to "wake up ". once te red braces brigade is on board its too late to make any real money. the trick is to get in before the city parasites ( if they ever do )

Rod

I am in, big time as you know, also been accumalating for the
past 6 weeks or so.
Set the alarm clock guys!

M

The breakthrough is now confirmed and I've ended up with an egg-covered face. Never mind, worse things happen at sea and I can think about re-investing. The volume yesterday was more than in the previous 3 days combined, although still not outstanding.

RSI, which I think greatly overrated, is 74; that's close to overbought territory. A drop back to the 11-12p region would be healthy, but once the Tads Army has the bit between its teeth, panic buying is the norm.