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Cytomyx - going south but will it keep going ? (CYX)     

RagstoRiches - 15 Mar 2004 21:33

Cytomyx shares consolidated from 1.5ish up to 37. Since then though its been all doom, gloom & trips south. Does any one have any info on this compnay ? Dropped over 8% today. Any reasons why ? Thanks for your help.

p-snow - 16 Mar 2004 15:24 - 2 of 3

I bought on 02.01.04 at 1.76 and it's been heading south ever since (eat your heart out Captain Scott!) Bullish half page feature in SHARES 26.02 hasn't made a scrap of difference. Only adverse news seems to be that due to the cost of acquisition the company won't become profitable until 2005. So it's delay rather than despair. They look to have a bright future if the bid price doesn't disappear up its own offer in the meantime! I think the 8% was largely a market thing although CYX doesn't need a reason to drop, this year it's gone down more often than Ron Jeremy. Best of luck RagstoRiches, sorry I haven't got anything more exciting to say.

Realistic - 25 Nov 2004 15:57 - 3 of 3

Someone has just bought 100,000 share in this sleepy company. I cant find any recent news.does this mean that a tipster will push this at the weekend or are things really looking up ?
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