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.

Possibly Indie - but there is hardly a rash of buyers coming in to consolidate the existing price. W/O volume today/tomorrow the price will consolidate at around the 11.5p range - unless of course ML is correct and we get an "A".

At least with the wide bid/offer range you can tell which is a buy and which is a sell! It seems that the MMs do not want to move at present even with 2:1 ratio in favour of buys.

In my opinion thats what the market makers want - to pull in the unwary punters who go with the momentum. As soon as its overbought it they will slash the price - very soon now.

transco
So the mm have decided after 8 weeks of dropping the price now is the time to suck mugs in before stitching them up...........interesting.
So its nothing to do with a massive Japanese company, launching a service using software from the company that tad is acquiring, last week... just a thought and possibly slightly more plausible than mm's trying to suck in mug punters

Just an opinion based on previous significant rises and a warning to those venturing a gamble.
I hope I am wrong but I doubt it.

no wonder there were no takers for my 175k buy at 11.75p

Bounce from 12p and then the roof!

There what did I tell you - back down we go!!

hardly a pull back, up 3.25 in three days and drops back a penny so far today.
If it goes back to 10p then you are right!

Ok you watch. I have seen this sort of move so many times in the past.

Well i got to admit i did expect the details today.
Having read the rules of the LSE I definately interperit it that they must
announce them tomorrow to qualify for this financial year.
I think that if it does overflow to next year then the next accounts could be a little bare, but i can be surprised!

M

really getting brassed off getting up early. about time tad issued an rns. its like toothache. you suffer so long with a throbbing pain that you just want it to get better or worse.