Could ETQ's share price be soon to benefit from their developments with the new UVGI Nightingale Mobile Air Filtration Product.

New UVGI air filtration product

In November 2002, the ETQ announced its new Nightingale UVGI air filtration product, to be produced by a new joint-venture company, UVGI Systems Limited, owned 55% by the Group and 45% by Suvair Limited. This rapid response mobile air filtration unit is capable of killing the MRSA super bug and other airborne pathogens.

The UVGI unit has widespread application where there is need to keep
air free of dangerous live bacteria, viruses, and fungal spores, including
hospitals, schools, cruise liners, aircraft, food processing, and military
applications.

The UVGI unit uses a high intensity Ultra Violet Germicidal Irradiation ('UVGI')
filter, which has been designed to control harmful and dangerous airborne
pathogens, such as Anthrax, Tuberculosis, and Staphylococcus aureus, the
causative agent in MRSA. The filtration system is combined with use of high
intensity Ultra Violet light, which inactivates micro organisms by disrupting
their DNA structure.

Tests of a prototype at the Defence Science Technology Laboratory ('Dstl') at
Porton Down, the centre for excellence for the Ministry of Defence, showed that
the UVGI unit captured and/or destroyed more than 99.9% of Bacillus subtilis
spores, a simulant for Anthrax bacteria.

Since November, second generation units have been developed, which will go on
applications testing at an NHS Trust Hospital in December 2003, following
building completion of its new haematology unit. It is also anticipated the
UVGI unit will shortly go on laboratory testing in the United States with
contractors nominated by the Department of Homeland Security.

Concern seems to be hotting up on the T.V. news that the MRSA super bug is still killing and disabling people visiting or as patients in NH Trust hospitals. It would be surprising if NH Trust hospital do not notice and Buy this product before they get to many expensive law suits for compensation claims.

Definitely a stock that could soon be heading north. Worth buying in but DYOR

L.

RELATED NEWS LINKS

Sky News Sun 28th Sept 03 - NEW ANTIBIOTICS WARNING
BBC World News Thurs 4th December 03 - Hospital infections: Case studies
BBC World News Fri 5th Dec 03 - 'Superbug' crackdown is launched
BBC World News Monday 22nd Dec 03 - Superbugs lurk in intensive care
Sky News Sun 14th Dec 03 - SUPERBUG CARRIED BY PETS
BBC World News Thurs 26th Feb 04 - Superbug deaths increase 15-fold
BBC World News Mon 22nd March 04 - MRSA superbug hits more children
BBC World News Fri 2nd April 04 - Superbug outbreak in cardiac ward
BBC World News Thurs 8th April 04 - NHS faces superbug legal claims
BBC World News Sun 6th June 04 - Government 'complacent' over MRSA
BBC World News Fri 18th June 04 - Superbug deaths 'set to double'
BBC World News Thurs 1st July 04 - Holland's tough line combats MRSA
BBC World News Thurs 1st July 04 - Overcrowded hospitals breed MRSA
ITV.com Fri 9th July 04 - Mother's MRSA nightmare
ITV.com Fri 9th July 04 - 'MRSA superbug has done this to me'
ITV.com Fri 9th July 04 - Precautions you can take against MRSA
Sky News Sun 11th July 04 - WAR DECLARED ON MRSA
BBC UK News Mon 12th July 04 - Drive to fight hospital superbugs

Good case for the use of UVGI :

http://www.infectioncontroltoday.com/articles/481feat1.html

Investtech Analysis update :

Weak Positive Candidate (Short term) - Aug 4, 2004
Has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. The stock has support at p 5.10 and resistance at p 8.10. Volume tops correspond well with price tops, and volume bottoms correspond well with price bottoms. Volume balance is also positive, which strengthens the stock. The stock is overall assessed as technically slightly positive for the short term.

SH with respect. You say that you put quite a lot of money into the stock (relative to the stock price). You would hold approx 164 thousand shares. So every 1p rise above your break even point would show a profit of 1640

(Tongue in cheek here) Do you think you might have a vested interest in ramping the stock?

Anyway you are brave

Hi Snip, I didn't see that coming as I got in as you well know at 4.95 pence intially last week with 100,000 shares. Now you were well aware of how I decided to buy in with my first purchase whilst you were very negative. So I should be posting the question to you as from one of your post yesterday afternoon you wrote down this is a screaming buy now...so what is different from mine apart from that I back my views with facts which have proved right.

My long post last night, I was answering Mickey's question. This is the average amount of sums that I put in each of my stock.

How about admitting that you were wrong last week with your analysis and I was right.

SH I am purely a chartist and not a gambler on `hearsay` from whatever source. I invest and withdraw when my charts looks right

I wish I could post the signals from my (very powerful) updata TA system. You will find that I always post a comment without the words `I think` or `might` as they are gambling words

The reward/risk ratio must also be worthwhile. Hence my low investment in this stock but nevertheless involving over 4000 shares.

When someone wins on a stock then someone else has to lose. Simple!!!

I couldn`t morally ramp such a dangerous stock to jo public

And.....

I've done the same if not better with explaining everything since my first post here.
"
I couldn`t morally ramp such a dangerous stock to jo public" - What are you implying Snip.

Dangerous stock - this is the lowest risk stock that I hold. All my stock picks are in oversold firms.

I'm not get into a slanging match with you and waste my time. How about you start unearthing some information as well. You didn't see the broker buy note coming and when it came you were still negative...and suddenly yesterday afternoon you were all positive.

To all the etq watchers
Draw the downtrend line from the top of the chart. It is hit three times so is reliable. Extend the line and then watch the stock carefully to see if it bounces down off the downtrend, or up through the trend, when it will be in a breakout situation provided that volume is higher than normal. The test area will be at approx 6.5p mid price



ps SH I don`t do slanging matches either but neither do I ramp to suck in unaware punters

agree with snip cant see how anyone can say this is in a uptrend 1 day rally? uptrend not at the moment.cheers woodie

snip
just popped into an internet cafe to have a rest from the beach and blazing sun ( and the kids ).

it is a common misconception that when someone wins on a stock, another loses. that case could be argued for a stock such as this, but is generally not true. a share that forever varies between , say , 3p and 5p and never breaks from these prices ( up or down ) would be a candidate. if you look at share prices for a stock over a year for example, there are often long up or down trend periods.

snip
I see you have updata TA. Would you recommend it as it is quite expensive and also there courses. Many thanks

merseyside it is the BEST charting software I have ever used. I actually went on a course two days ago with David Linton, Jeremy du Plessis and Marc Rivalland. Expensive? well that is relative because the software makes it easy to pick out stocks and trades via the optimiser or highlighter tools. I can make the years cost (of realtime) on one good trade. It is incredibly reliable and easy to use with support second to none. I would not be without it. If you want to know more then please start a thread because I appreciate that we are off topic. ps it did (via obv) forecast a drop in BSY and that was picked up during the course. www.updata.co.uk they are very obliging phone up and ask for a free trial (no harm in asking)

re ETQ. It is an eratic stock with not that much data so chart interpretation is down to the skill of the operator rather than automatic signals

Hi Woodie, Is it the below statement posted by Snip yesterday afternoon that you agree with?

"I have bought now. All indicators are screaming buy and the necessary retracement has happened"

SH it isn`t grown up to use wooden spoons. I will qualify my statement by adding `short term `in front of indicators. Post 182 is now duly modified and more instructive

As you probably know indicators can vary according to the timescale. MACD and other indicators such as STOCHS are lagging indicators whereas RSI and OBV can be effectively used as foreward indicators provided that the reader is aware of various techniques such as positive and negative divergences from the trend. The primary trend is down hence my caution to those who are tempted to jump in and hold. The secondary trend is up from only june this year. It is very much a case of BUYER BEWARE and be awake or at least use a stop loss

That's better then Snip, as your post yesterday was sounding more like a ramp with nothing to back it up. Please look at all my posts since last week and tell me which you think are a rampish nature and you do know I was spot on as well even though your TA was saying something altogether different compared to mine last week. After putting the hours in digging valuable information which not everyone can find, I don't know how it can be called a ramp.

snip
just to say thanks for the advice

sh it is my own view,with all the good news in the market at the moment it is a weak stock as stated before 1 up day ,looks like another red day today.cheers woodie ps downside looks limited.

Thanks for your input Woodie.

5.50-6.50 pence, MMs couldn't get any sells first at 6.25pence, then 6.00 pence, then 5.75 pence this week and are now trying to get some stock back at 5.50 pence as buys outweigh sells again today for the fourth consecutive trading day. They have to balance their books and buys (see trades page from Monday) have totalled about 10 million this week compared to about 3 million sells this week. Let's see how low the offer goes. Keep an eye on the offer price!
Another pointer with regards to lowering the bid, they desperately want stock back. Online bid price is stil 5.88 pence.
Unless there is some news to come, like a mention in IC tomorrow. A 1 pence spread must mean something.

Each to their own peril though. The above is just my view.

Another pointer : Level 2

4 vs 4

All square!

All MMs are on the same bid and offer. Some news or mention in IC could be coming. Not seen 4 v 4 on Level 2 for ETQ before.

SueHelen - have seen a couple of times you mention that the mm's have to balance their books. I don't think they do - they can, and often do, hold long or short positions for extensive periods (many months)

my broker is now offering etq at 6.20