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

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.