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".

Any idea how many were in circulation?

Currently

No. of Shares in Issue 2,147.48m

Information from Digital Look..

Ta

many thanks. With volumes steady and mostly buys there has to be a point where the SP moves on. Surely its not just being held up for institutional buyers?

Schhh - dont tell anyone but has gone even more blue

LOL, i keep watching with disbelief and checking the Epic!!!!!!!!!!!!

OK its a joke only 1.2 million buys and the share price has gone up .25p!I would have expected to have at lease 50Million buys with not one sell for this! .......Sorry saw some blue and could not cope!!!!!!!!!!!!!
They have obviously "pressed the wrong buttons and it will self correct in a momment.

I've just had to pinch myself

Is it because the market is down ?

Thanks Troy! yes it was so obvious i missed it! market goes down 30 points PXC goes up. I an glad to see you are on the ball, my reversed logic was not working...Joking aside it gets very difficult to fathom out whats happenning on share price movemnets at time . PXC has been a good example recently where there has been enough press to have achieved take off by now

monster trades again this afternoon !!

Remain convinced we will see another RNS announcing an Institutional buy fairly soon.

always interesting to see how they widen the spread to suit to!

another 6,000,000 of buys. think some news will be out soon?

spread from 6% to 3%

News out this week or next, methinks, and then we should see the SP perform in line with expectations.

What are your expectations for the price say by christmas.

MS

MS

Difficult to have expectations with Pipex, its probably had more tips than red Rum for the National, yet has continued to languish around the 8p level for quite some time. I really do believe, (rightly or wrongly), that the stock has been manipulated to allow Institutional buying and perhaps today is the first sign that that the lid has at last been lifted. I would honestly expect to reach 16p and hopefully 20p. Perhaps I am dreaming but would also welcome other points of view.

PTH

I wish i had thought of the red rum gag....its totally confusing . Just why is the price so low it has been up to 12p in the last year and it is twice the company it was.It has not got the typical low price share syndrome of zero or low transactions dragging the price lower.Nor does it not communicate + it is very aggressive (just view its takeover activity!)Strong management.Producing good and improving results, As you can see all the reasons (and there are many more)why the price would languish at 8P!!
In short , share price at Xmas? Not a blinking clue........Im in because at some stage it has to grow significantly(i do not buy anything which does not have-un my opinion- the ability to double... as a minimum.)
Ok today has cheered me up I will say 12p

Lets hope that this is the turning point.

All quiet today ?