Following on the heels of non-executive Director Brian Sweeney who bght 10,000 more shares a few days ago John Morley ( son of Eric Morley of Mecca dancing fame) has announced that he now holds 11.90%..Exciting developments expected in early part of New Year which will impact very positively on PDX 's shares.. VERYSTRONG BUY UNDER 1.60

Have done a little research on this company.
You say 'Very strong buy under 160p'. Based on what, please?

Analyst consensus on this stock says 'Sell'.
Based on estimated EPS 2007 -11.93 & 2008 -8.45
No dividend payable. Company made an even larger loss this year of 6.6m.
The U.S. order they gained pays $185,000.00 in the first year, which is not a great earner given the value of the dollar at the moment.

It appears that John Morley has bght yet more shares and his holding has gone up further to 13.48% !!...Centos have a target price of 5-44 per share and recommended buying PDX only a few weeks ago at 1-97 and Ambrian stockbrokers also had a note saying add at 2-03...say no more but read these brokers notes!!

their loss is bigger than their turnover and after being in business for 7 years you have to say that is feckin appaling.

so what if some guy is buying shares.

am short and will remain so until 50p target is reached

Hamworthy (HMY) directors recently bought at 513p and the sp is currently 412p.
Worthington Nichols (WNG) directors recently bought at 110p and the sp is currently 13p. Director buying does not necessarily mean that all is well or that the bottom of the slide has been reached.
The analyst I saw had a target price of 42p.
I hope you are right with your forecast, blueface, but I will not be buying shares myself.

I have been told that people in the know have been buying and a very well informed source bght 40,000 shares yesterday- his target is 5 + next year..it won't be long before these shares are over 2 again- enjoy the ride!

people in the know buying...classic......a very well informed source.....you should do your own research and work out what the value of this company is...not rely on the well worn and frankly ridiculous "guy in the know" type rubbish.

if you had worked out the valuation youself i think you would be very nervous going long...cash call got to come soon

Word has it that the company are on the verge of landing a huge American contract..another good performance in the shares today I see... share price movements in my experience nearly always tells you something and you do not get a move from 1.45 to 2 level in a couple of days for no reason especially with the likes of John Morley and Brian Sweeney helping themselves to more shares!..I am very happy to maintain my long position at this juncture..time will tell who is right!..I am prepared to back the company and its great potential future prospects.

My advice to those who have shorted this share is to close your shorts as soon as possible..these shares are about to take off!..they are up again today already and they will be going alot higher very soon..

yeah whatever.....showing red

After such a good run in past few days of course short term profiteers stepped in but this should not deter those serious investors who are on board for the real appreciation in pdx shares..if you are nervous of short termism you should not be an INVESTOR!..take a view and stick to it and try and ignore external factors if you can otherwise you will end up becoming a nervous wreck!

wow thanks for the advice.......this coming from someone who used the idiot term "guy in the know"

you are going to get burned on this....they will need to come back to the market for another cash call in next 6 months at current burn rate

Note Mr J.Morley has been buying MORE PDX!..I gather from my sources that he paid @2 mark for his additional 500,000 shares..Good for him I say..and watch out you shorters...

so he is down nearly 10% on his latest purchase.....great trading

Yeah but I bet blueface bought at the bottom ... his type always do.

Can't believe you rate this lot worth 50p Treb .... 30p max imo.

;-)

img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra&Code=PDX&Size=700&Skin=BlackBlue&Type=2&Scale=0&Span=YEAR1&MA=&EMA=&OVER=&IND=&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0">

img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra&Code=PDX&Size=700&Skin=BlackBlue&Type=2&Scale=0&Span=YEAR1&MA=&EMA=&OVER=&IND=&XCycle=&XFormat=&Layout=2Line;Default;Price;HisDate&SV=0">

Cheers Baylis , a picture paints a thousand words .... 140p then 120p then plop.

I am sure that Mr J. Morley knows exactly what is going on and he was prepared to invest another @1m in pdx! ..all I can say is it is not what you know it is WHO you know that makes people money..Patience will be handsomely rewarded for those who stick with PDX..2008 here we come!..