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Pursuit Dynamics - A British success story in the making? (PDX)     

Andy - 31 Aug 2003 11:58

Prlhead8.GIF

Pursuit Dynamics plc is a UK based research and development company, which was founded in 2000 to develop and commercialise a revolutionary pumping and propulsion technology. Pursuit Dynamics (symbol: PDX) was listed on the Alternative Investment Market of the London Stock Exchange in May 2001.

pdxsonic.JPG

PDX 25 Sonic.

The PDX Technology is a steam-based system that has applications in both pumping and marine propulsion. It is cheap to manufacture, extremely robust, contains no moving parts and is virtually impossible to block. Pursuit Dynamics owns 100% of the Intellectual Property Rights that surround the PDX Technology.

pdx03.JPG

Pursuit Dynamics is now working towards the commercialisation of the technology it has developed.

chart.asp?symb=uk%3Apdx&compidx=aaaaa%3A



Corporate website : http://www.pursuitdynamics.com/


Pursuit are rumoured to be close to closing their first deals, which may be in the food processing industry.

Ted1 - 27 Jan 2005 09:15 - 461 of 1003

I believe this is the end of the bear run. All indicators going positive, top up time methinks.

Dynamite - 27 Jan 2005 12:22 - 462 of 1003

Ted1.. I don't know what charts you are looking at but mine are going down. I am looking for a retracement to 180 to buy back in again. The FY results are due soon and are likely to be bad. I am hoping to get that out of the way before any deal is announced so I can be back in.


Good Luck.
Diana

legend290782 - 27 Jan 2005 13:27 - 463 of 1003

Time to go boys... not nice RUMOURS around.....

legend290782 - 27 Jan 2005 13:59 - 464 of 1003

The guy that tipped me em has just told me to sell em. As i told you lot a few weeks ago, I sold out.

Good luck all

RD - 27 Jan 2005 14:19 - 465 of 1003

Looks like your buying opportunity is coming round a lot faster than you imagined, Dynamite.

Anyone have any ideas what's gone wrong?

AdieH - 27 Jan 2005 14:34 - 466 of 1003

Results are rumoured not to be good because they haven't really got any revenue coming in yet, this will turn at some point but probably after there results in a couple of weeks, i'm out for now but will be back once results absorbed into price etc... Good Luck, still a great bit of technology...

JRM - 27 Jan 2005 14:44 - 467 of 1003

Get out quick!

AdieH - 27 Jan 2005 15:27 - 468 of 1003

Article in the guardian saying that PDX may need approval from US regarding selling their wares in the US... Also rumours of directors selling and a funding... DYOR though I picked this snippet up from Ample...

EWRobson - 27 Jan 2005 15:58 - 469 of 1003

Thanks, folk! Closed the CFD position at 194p costing about 2K. You win some and lose some! There's not really a resistance level until 120p, the level in November; only time will tell.

Eric

Dynamite - 27 Jan 2005 16:02 - 470 of 1003

Well Eric I for one would be happy with buying back at 120. That was the last price I bought before the recent rally and selling. This little baby is probably going to go to 3 in 2005 but I see a big retracement first and I am ready and waiting.
Diana

EWRobson - 27 Jan 2005 16:15 - 471 of 1003

Thanks Diana; nice profit to bag still. Just got a bit ahead of itself. Something like a Coca-Cola world wide deal would do no end of good. My broker indicated a volume of institutional selling and that's very much a club that acts together, don't you think. Personally, I would like to understand the deal structuring better which hopefully will come with the results.

Eric

Dynamite - 27 Jan 2005 16:22 - 472 of 1003

That's why SEO is better in a way. But PDX is brilliant too. Have you got some KMR, NOP and OXB too? My portfolio is up 30% in a week.Yay!

EWRobson - 27 Jan 2005 16:53 - 473 of 1003

There you are, Diana, fulfilling your stock-picker role! Haven't got 'em but will take a look. 30% jump on CFP and 100% on SEO because of CFD leverage, so near your figure despite PDX and ASC. You should have been in the ASC Challenge but you are probably too occupied making real money!

Eric

AdieH - 27 Jan 2005 17:19 - 474 of 1003

Got some profits where shall i put em, I think SEO is calling again...

cavman2 - 27 Jan 2005 17:29 - 475 of 1003

Buys outweigh sells.
The reason its all over the place is fatty cawkeswill paid a visit, opened his big mouth down it went and at its lowest ebb bought a load more.
He also phones J H who said he was not prepared to let the price go down, and apparently all this about passing test in USA is rubbish.
Cawkswill the friend of the small investor, hope he can sleep at night.

Dynamite - 27 Jan 2005 17:53 - 476 of 1003

Cavman...Who's Cawkshill? Eric, only noticed your challenge thingy the other day when it was too late, maybe I'll have a go next time.
Diana

legend290782 - 27 Jan 2005 17:57 - 477 of 1003

Yes rumour I heard was the regulatory approval. At the mo happy to be out... may well buy in future.

Did any of you buy DA. (DAT group) as recommended. Well done if you did - they are mcflying at the mo.

cavman2 - 27 Jan 2005 18:23 - 478 of 1003

simon cawkwill aka evil knievel makes money by shorting shares with a band of his cronies, he tried Asos but it eventually went up.
However he did get burnt on Regus(yipee)

cavman2 - 27 Jan 2005 18:26 - 479 of 1003

However when they have gone back up I might sell and put my money into ZOO.

Dynamite - 27 Jan 2005 18:41 - 480 of 1003

Cavman...I have Zoo and have been waiing...do you know anything that is worth mentioning about Zoo and going up?
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