Topped the share charts on Friday following a lucrative contract announcement and is rumoured to have several more contracts in the pipeline.

Website www.coms.com

buy! sell!

LOL

There's a distinct smell about what went on today regarding the article which was published first thing this morning in the Daily Mail, followed by the RNS issued by COMS after 8am. The whole scenario just doesn't add up somehow - perhaps I'm just a frustrated private detective.:-)

RSI calmed down - it looks like IG did me a favour yesterday.

I wonder how far they will force it down? I'm ready with cash!

HARRYCAT - ditto, I'm just waiting to top-up! Strange how the herd mentality start to panic just at the mention of a placing.

Corporal Jones would have something to say about it that's for sure!

Bought all mine back now , might go back to bed :-)

Could be a wise move Dil, not sure sure which one of those is the wise move though! :o)

30,000 bought at 8.14

Dil
If I had a sexy blond I would go to bed too! Now I have bought in I hope that I do not regret getting up in the first place!

lol , I'm a crap trader Kim and at close of business yesterday had no position in COMS for the first time since last summer and didn;t feel comfortable.

Haven't done the maths yet but I'm sure I'm now in these for nothing plus at least a 1 bagger profit on original investment.

If the deal Breith was talking about comes off then I have no doubt there will be a big placing / rights issue but it will transform the company into a much bigger company overnight and have a positive effect.

If it doesn't come off then it still shows his intentions and his eye for a deal which is also a positive.

Happy to sit back and watch it play out now but have left a couple of cheeky buy orders in at lower prices looking for a spike down.

'Cheeky buy orders'? .......... Somewhere around the 6p level? ;o)

Have done a few lucrative trades over the last few months but got caught out with a buy at 9.74 on Monday! Still ahead overall though so can't complain......yet!

I don't know anything about the Elliot Wave Theory, but these daily chart movements are making me feel seasick.:-)

Dil - I agree with your comments about a possible placing/rights issue.

I've just had a top-up here - rumour has it that Geoff Foster's "rumour" of a "heavily discounted placing" is totally unfounded! :-)

Just like QPP today

after such a large rise is normal profit taking will come and strong

doodle a rumour about a rumour that sounds believable.

halifax - lol :-)

Geoff Foster treading on thin ice imo.

Financial Journalism Best Practice Note 2005

Introduction

The newspaper and magazine publishing industry's Code of Practice binds all national and local newspapers, magazines and their websites. Clause 13 of the Code imposes a number of requirements relating to financial journalism, and Clause 1 (Accuracy) also has a particular relevance.

The Code:


• prohibits the use of financial information for the profit of journalists or their associates;
• imposes restrictions on journalists writing about shares in which they or their close families have a significant interest without internal disclosure;
• stops journalists dealing in shares about which they have written recently or intend to write in the near future; and
• requires that financial journalists take care not to publish inaccurate material and to distinguish between comment, conjecture and fact. This is particularly important for any journalists making investment recommendations to readers about whether to buy, sell or hold shares