PROVEXIS (pxs) YOUR OPINION

Hi looking at this company but just wondering if i have now missed the boat ?? Trading price went to around 22 recently but quickly dropped back but at 6p just looks a little to expensive to buy
any ideas ?

deanthebean said:

Hi looking at this company but just wondering if i have now missed the boat ?? Trading price went to around 22 recently but quickly dropped back but at 6p just looks a little to expensive to buy
any ideas ?

Click to expand...

Just had a cash call. waiting for EU clearence on Fruitful a new food for those with dietary problems. Chrons disease etc. Worth a punt if you can afford to lose.
Nostra Terra is another which was 0.25 for a while and went to 1p this week (today). No apparent reason I can find.

Both risky but have potential big gains for the bold.

Anyone watching the activity on this one today. People buying like crazy but not much selling and no changes in the price.

Everyone on LSE is expecting it to go crazy (upwards) in about an hour when it stops being held back. I didnt know that this could be done and the market manipulated.

Traded on AIM so i suppose anything is possible.

I bought 10,000 today looking for double return this week.

The only reason there was a huge amount of buys going through was because some massive short positions were forcibly closed. A lot of the CFD providers allowed their customers to go short as there was a rumour the company was going bust. The problem was there wasnt enough stock on loan to cover the shorts so the positions were liquidated. Also a lot of employess had cashed in their share options.
I would be careful of this one.

Provexis didnt go bust then? EU wording now completed. PXS is in talks with Coca Cola and Danone regarding licencing deals for it's fruitflow product which reduces risk of DVT blood clotting etc.

this one will shoot up by the spring 2010 imo now 8p has been 20p will be again maybe higher.

NTOG went to 2.25 in November. Anyone get on it? I suggested when it was 0.25! When will I listen to myself?

Your first instinct is usually the best.

I am a small holder of PXS in my Sipp. You still in?

Anymore tips Pound foolish?

samuelhogg said:

I am a small holder of PXS in my Sipp. You still in?

Anymore tips Pound foolish?

Click to expand...

Yep I'm still in PXS. Not lots hoping to offload at 20p. I may buy back at 7p if this one yop yos as it did last year.

It wont be until the licence agreements come in and divided=nds are paid that it shoots up. That said some have said it could be 2p a share income per year, thats 30% yeild at todays prices!

My tip is: Buy well known companies that are paying good dividneds 5% or more. That way your cash is safe ish and you get a return. BLND, UU, BP, AV, LGEN, VOD, LAD, PVCS, NG, CTA,

Only "risk" 10% on penny shares and bottom feeding.