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

This will probably be down again as the Cisco announcement is not deals or sales. The problem MMD have is very little cash which is running out. Two direcorrs left suddenly a few weeks ago including the Finance Director. Thye sell only through resellers as they cannot afford to sell themselves. Very high risk.

Is the MMD equipment capable of working through to 3's mobile videophone network?

MM,

Possibly, because I asked whether the MM745 could receive calls from the 3 Netowrk, and it can provided another additional piece of kit is used,which i'm sorry forgot the name of it, as I didn't think the option very viable, and think they should buiild in the capability if they can.

That would be a real boost if they could include it.

This is my first post since I have started to use MoneyAm. Previously I was with MarketEye but their back-office is in such a shambles I had to move and there are now cheaper systems around anyway. I also like MoneyAm Level 2, which I thought MarketEye was about to introduce early last year.

Anyway back to MM. I bought a large chunk of MM when they had their rights issue last December at 3.5p. I also made a lot of money out of them liquidating my position around the 1.76p level.

I think the management stinks and has done so for several years. When Graham Browne & Ian Silvester resigned they were left with just a skeleton management. Poor old Rex Thorne is no spring chicken and will find it difficult to inspire confidence in the future of the company. What I cannot get my head around yet is what role Garey De Angelis will play in the future. I would put my money on him arranging for the company to be taken over, as it cannot survive in its present form.

The announcement with Cisco will not resolve the cash burn. What the company needs to do is sell its technology to companies that will use it more actively. It is a market leader where videophones are concerned and this is where the money is to be made. But I fear it will not be with MM in its present form.

Rumours abound of further announcements shortly and my guess is that we will see the price move up to around the 8p level. I think it will be one of those shares where you buy the rumour and sell the fact.

Good luck

Sampo

Looking forward to jumping in at 5.75p tmor.. i mean today...paid 6.5p last week..!

Holding on...

jules.

Jules, I take it you see a lot of potential in this stock then?

Rising again this am...up 10% 6.5p to buy now...

:-)

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.