Noticed Motion media a small penny stock, at 6p announced a deal with Cisco on Thursday or Friday and shot,

Missed out but...

Did anyone buy in at the time?
and if so is it too late to buy in now have 2k to put away?
or better to wait?

jules

AGP 1 YEAR Charts reveal an upward curve recovering again from profit take last few days, my prediction after examing charts is upwards from 83-110 and then hitiing-150 level before dropping back a little...if i am correct then the Dr Peppers are on me...(my fave drink btw...)


Lets see how the week turns out...

jules99,

Are you joking?

Or did I misunderstand your post, a share that is now 6p, is going to 150p?

HAve you calculated the percentgage increase?

Do you know how many times that sort of percentage increase occurs on the LSE?

Are we talking about the same stock. MMD is the one whose directors left a couple of weeks ago and are running out of cash. I think the MMs are pushing up the price a bit to move the stock of a big seller. MMD issued over 100m shares last December diluting everyone's shares by 50%. I suspect there is a couple of big sellers trading on the price rises.

Top marks Andy...

Andy that post your refereing to...well dont ask me how the error on posting happened...but is referring to AIT GROUP...funny thing is I noticed it today and thought...eh what the hell what is that doing there...AGP symbol is mentioned if you notice so apologies if anyone thought I referred to Motion M's being 1.50...

I copied and posted the correct posting earlier...

cheers..


Jules.

Jules,

Ok no problems, good luck with AIT BTW!

cheers Andy...It's never too late to buy though...though Im not celebrating fully until it there are at least 2/3 more announcments...making progress..

Ta...

Jules99.

Anyone know why this stock all of a sudden come back to life again? It has not moved for a few days? Searched but found no news.

There is no news, just rumours. I guess that the MMs are happy to go along with it. Results late September should be pretty bad and not much cash.

what is MMs ?

Market Makers.

Haystack, so what rumours are going around out there then? I guess you don't own this stock as you are pretty negative on it?

ticker,

Various rumours about deals, more deals, and huge deals, but SO FAR they don't have any substance as the company haven't made an RNS announcement to the market.

IF and when they do, rumours will become fact, not before.

There is an old saying, "buy the rumour, sell the news", and that MAY be applicable here.

Everyne has to make their own mind up as to what degree of risk they want to take in a share. This is at the riskier end at the moment, cash is almost certainly running a bit low, and I feel a fundraising will be needed soon.

closed down...too risky from here at the moment...

Morning Ticker,

You seem to have said no more than my posting of 11 August!

Maybe I can add a little more substance for the reasons behind the possible recent firmness in the share price. I hear through the grapevine that there are vibes that MM's mm 745 ID browser videophone has received a very, very positive response from all those who are presently testing the new units. While MM is not in full production yet they have been sending out the new unit to many interested parties. One only has to surmise that if the tests prove to be as positive as the first indications of the favourable test receptions have been then the New Year might prove to be a major turning point in new orders. If this is the case then the share price could be set to fly. But we have been here before, TWICE! And I cannot believe the present company management has the necessary where withal to take the company into the future.

I set my sights on the shares hitting 8-9p, where they are at present, and where I would be looking to sell. The rights issue was at 3.5p and I now have nearly a 200% profit, which looks very inviting to take. However, I also hear that yesterday's huge turnover could well have brought in a number of sizeable new investors. If this is the case then they will be looking to at least double their investment. If the price can get through the 10/12p level then 25p will be the next stopping point.

I have decided to stay with the shares, certainly in the short term, and with a very sizeable commitment my investment is now in six figures. Buy the rumour; sell the fact is the norm. But with the facts only likely to materialise in the New Year we have some time to run and plenty of room for further price appreciation. But beware it could all be on a lot of hot air!!!!

Regards
SAMPO

looks like the news today will trigger some high vol selling
http://moneyam.uk-wire.com/cgi-bin/articles/200308280700161035P.html

The recent charge into this stock IMHO requires caution as since the RNS announcement which triggered the charge on the 7th Aug...

"Motion Media mm745, has been accepted by Cisco's AVVID
(Architecture for Voice, Video and Integrated Data) Partner Program within the
IP Videoconferencing category."....a lot of invetors have had their fingers well and truely burned...none more so than those that jumped on yestedays bandwagon and are now nursing a 27%+ loss.
Was fortunate to take profit at 16.25 having boarded at 6.75 purely in the the belief that this company has an enormous potential,but dismounted and took profit when the overheating took place....after all that announcement stated nothing more than MMD had been accepted into Cisco's partner programme....nothing more...no mention of sales.....BUT a great sign none the less thatMMD were on the way.
May well go back in when sanity returns as I see great potential...Todays RNS announcement about "no imminent announcement of orders" should be digested IMHO before entering..though agree with SAMPO that long term holders will be the winners in the new year...
Regards

have a feeling they will come down further from here...before settling again...

just my thoughts...

Jules.