Tipped by the independent 2/01/2004

........."And so to our traditional "wild card". Pipex Communications, formerly known as GX Networks, is a telecoms company created by one of the entrepreneurs behind Ukbetting, Peter Dubens. It has been assembled from six smaller players. The ambitious company is generating cash for the first time but is still not widely followed in the City. It could be an undiscovered gem".

Simon,

Isn't it because a large investor is happily offloading their shares to keep the price down, whereas with MDW it could be no one wants to offload their shares and so the MMs up the price to encourage selling?

NJ

mdw had some news come through at 1300

I suppose you have to ask why a large investor is happy to offload shares when the share price could double in the nexct couple weeks ? why keep the price down ? I don't understand what's going on and why ?

So are we saying then that the daily buy / sell numbers are wrong, ie buy are not outnumbering sells???

another big trade just gone through 2500000 @ 8p must be a sell ...

The last time this happened, SWIP eventually announced a 3% holding. I think you can make one of two assumptions about todays volume.

1. This is possibly the last day that the trades which resulted in the SWIP holding can be reported. (Broadly, from Dailos, delays are permitted up to 5 business days following a transaction greater than a certain muliple of the NMS, (100,000 for PXC).

2. A further institutional placement may be underway at a determined price level and the MMs will hold the price until that placing is complete. Not sure if this last statement is utter tosh!!

If it is the first, these large trades will probably stop appearing from Monday next week. If it is the second, we have a further Institutional Placing, which when complete will hopefully allow the SP to rise in line with all expectations.

Just my view, I contnue to hold, the SP will rise in the not too distant future. Don't read too much into the prices quoted alongside these trades, afterall it is only software having an educated guess and when they are possibly five days old, what relevance do they have?

Regards

PTH

nice 6,000,000 buy !!

I agree....... but i am getting fed up with them getting them on the cheap!Maybe the share price can move on now!!!

no sells gone through tonight yet....perhaps we might se this share head north tomorrow

21 : 1 buys v sells?

Someone is happening behind the seens on this one. Must be Institutional?

A positive sign for next week?

NJ

Can anyone explain why i cannot see the 6,000,000 buy trade any longer? I'm sure i saw it at 4 o'clock

looks like i talked too soon

If there is another Institutional Placing going on, I can't see the price going up until it is complete, IMHO. I am sure patience will be rewarded in the long run, although I must admit it is all a tad frustrating!!

Regards

PTH

steady buys today. no sign of the big boys !

Usually seems to happen mid-afternoon and towards the close!!

So 1 million buys and 10,000 sells. Buy Price 8.25 at 8.00am today now 8.10?? There have been so many days where there Buys hve exceeded sales , this must be one of the bluest screens on the stock market over the last few weeks.You can make a case for a few days but this silly. If the results are good next week and there is no movement then I can not see the point in holding a share that the city just do not support. I like the company a lot butI cant influence the share price

Just to rub salt in the wound they have just lowered the price !!What nonsense

pre-results treeshake!!

don't be fooled by the MMs...

Perhaps the MMs have run out of stock? Trying to tree shake possibly. All ifs and buts. Personally I remain confident the price will take off soon.

PTH

Forgive me for my ignorance but who actually makes the share price move and how - is it the mm's.

I hold PXC and just cannot grasp why no blue, in fact red now!