I actually was expecting this rise, though I don't expect it getting much higher than 310-15 between now and results. Just sold 50%, no idea what is going to happen on results day. Honestly, my gut feeling says down, 10-15%, then quickly back up and over 350 early next year...then a bid buy one of the big boys. Cloud computing is the way forward, and more governments and IT companies are finally catching on.
Got your 310 this morning Tim. How good do you think these half year results will be. They said 'both revenue and profits expected to be materially ahead of the comparative period last year' sounds very promising but was not expecting this much of a rise so quick.
every time it looks like its about to break, another few thousand limit orders are added.. annoying. Should fly though as soon it it breaks. Next level seems to be 302-305 then 310. At least at the moment.
Been watching this all day, I'm still waiting for a bid price of £2.96 before I can exist. Based on pure observations and no new market news I can't see it getting much above £3.10 before results.. but who know's short term it really could go either way. I'm banking on £310 by 02 Dec, a small dip on results, £2.75 (topup) then up to 350 May 2015. Just my views, nothing scientific.
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