Member Info for Bilbo

PXC. Check out those sell orders....definitely something BIG going on with this stock - just wish I knew what it is or who is involved.

..and I meant Henry VIII - doubt Henry XIII will be around in my lifetime!!

PXC. Hi cynic, good to see that the big buys are continuing despite the placing having been completed. I'm still extremely positive about this stock and have topped up again today. (despite the sudden appearance of red hot pokers, Henry XIII and heresy)

PXC. Oops - I did mean cynic, but thanks for the response anyway nicksig. Whatever these huge trades are I don't know, but I'll certainly be picking up some more stock in the morning (look out for the 50MM BUY order :o))

PXC. Nicksig, It'll be a challenge to see who can full their boots first - I'll be on the phone at 8am sharp! For a while last week I thought perhaps someone was trying to roll a huge position, but the last couple of days have convinced me thats not the case. Though there occasional huge sells, they equate to perhaps 15% of the buys, so its pretty much one way traffic. GedW, are you out there? Would appreciate your thoughts on this one.

PXC. These large trades seem to be going through every day now - not having much effect on the share price as yet, but something seems to be afoot. I'm still a buyer, based on positive comment and on the fact someone out there is picking up an awful lot of stock. I wonder if one of the bigger broadband suppliers is circling - thise subscriber numbers recently must have caused a lot of ears to prick up in the industry. Any thoughts?

IPL. As a word of caution to all who are getting carried away with investing in speculative oil/gas stocks based on prospective drilling results, here's an example of what happens when test drilling fails to prove commercially viable reserves - and this fall is based on only one of the five test wells they are drilling. On the other hand, too much caution would have made us miss out on some great profits elsewhere. With many of these stocks we are effectively betting on the outcome of test wells. (Having said that, the other 4 wells will probably come up trumps and the share will be £25 in a years time :o))

BIT. Hi Gedw. Where did you find that little nugget of info? I know there has been talk of fundraising at above market for a little while now, but this sounds very promising. It really does all seem to be falling into place.

BIT. Hi GedW. You read my thoughts. Having been a buyer for the last 6 months, I finally took some profits today. Not that I think this is the end of the run for BITS by any means. I'm moving more funds into ZOO which is where I see more upside in percentage terms, especially now those options look to have cleared the market.

ZOO. I have been following these for a while now, and noticed a huge upturn in buyers just before Christmas. Volumes increased substantially, and sellers pretty much disappeared. As GedW says, the MAN Financial holding just adds to the interest.

BIT. Hi GedW. I don't think sentiment has turned at all - there were bound to be profit takers after a 100% surge in a little over 2 weeks, and once it started, the sheep were bound to follow. One negative day in 2 weeks where we have seen daily rises of 10-20% certainly doesn't show a change in sentiment. I personally see this as a time to buy and am confident that in a few weeks time we'll look at these and see that 22.75p was an opportunity to pick up stock on the cheap. Think we'll have to agree to disagree on this one :o)

BIT. Hi Nicksig. I'm not too sure about that myself, especially after reading the Guardian article which suggests there are up to 6 deals to be announced. Admittedly they could turn out to be deals to buy extra crisps for the company restaurant, but if its anything to do with online gaming then we could be looking at a lot more to come from them. True its a bit of a gamble at this point, but instead of downsizing, I have actually bought some more today so fingers crossed the announcements are BIG when they come. Please feel free to give me a verbal kicking when they are back to 6p as I'll deserve it!

BIT. Hi Nicksig, been offline for a few days so apologies for not responding. I haven't heard anything about a takeover rumour - was that in the press or on bulletin boards? The share price is still rising on the anticipated announcements methinks, and still shows no sign of weakness. Daily trading volumes are still high, with buyers far outnumbering sellers.

BIT. Well the 20p level seems to have been breached fairly comfortably which is good news - I thought this may have been a psychological barrier may have slowed the share price rise. The Daily Mail would certainly have helped.

Morning GedW and nicksig. Just been reading through your messages and must say its all good to have people with such sensible investing strategies keeping an eye on the stock. I'm much the same - follow the facts and you can't go far wrong. Follow the hype and the share price and more often than not the wheels fall off. The recent increase in volumes has been interesting, especially when I think back to the days in mid summer when often daily volume would often be zero. Yesterday it was 2-3% of ISC, and I'd imagine today will be similar, though as GedW says, its going to be all over the place as the day traders and SP followers pile in, especially if there is any press coverage. The reason I like this stock is that it is producing the goods thus far, it is making some money, and it is run in an unfussy matter of fact way. If they can keep on adding more products and deals in the way they have been they should keep on growing nicely. The Namco deal is great because they are a global name with HUGE distribution channels. Yesterdays anouncement is where the real excitement could come from, and from what I have seen in the past, they are not the sort of company to hint at announcements to come if they didn't have something pretty solid lined up. The fact the market cap is still only 7MM or so even at this share price potentially leaves a LOT of room for growth if they really can create a presence in online gambling, which they suggest is their aim. Even if they don't create tha

BIT. Thanks for alerting me to that GedW - I guess that explains some of the recent price rise. If this hits the press overnight, we may well see some more upward progress tomorrow, though the release seems to have brought a little bit of profit taking at the moment. Fingers crossed they have some announcements to make soon!!

BIT. I'm starting to think about closing some of my position as these levels are better than I could ever have hoped for before christmas, though the fact the share price doesn't seem to be reacting negatively to selling keeps holding me back. Maybe I'll reduce by 25% or so? It was the Constantine game followed by the Namco agreement that got me interested. The fact that they are developing a 3D casino game for the PS2 and Xbox with the support of Namco is potentially huge, and I'm always on the lokout for the next Eidos (Tomb Raider creator) - get the right game and the sky's the limit. Obviously Payout Poker is a completely different style of game, but if they do have it running online through the Xbox etc you only have to look at PTY etc to see how big that market is.

BIT. Hi GedW. No, I certainly am not investing blindly, or following the share price hike. As per my previous mails, I first bought these shares months ago based on my own research - the deals they have signed with NamCo, the quality of the games they have under license, and the way the company is run. I personally expect them to keep growing in the same efficient way they have been, so am happy to stay in the shares. However, my question throughout is that I cannot fathom the sudden share price rise and wondered if anyone may be able to turn up anything which explains it. I cannot find details of any new announcements or deals having been struck, of any takeover rumours, or anything else likely to be driving this rise.

BIT. Are there any other BITS followers out there who can shed any light on these sudden gains for me? Obviously I'm delighted the shares are taking off like this, but I just wish I knew what was making them rise so fast. Long term I hoped the prices would move up to these levels and beyond, but didn't expect it to happen all in one week!!

Think I'll stay on for a while yet. I started buying on the back of the Namco deal etc, and hope that there are more to come. I think they're a tidy outfit, well run, so am happy to ride the bumps in the belief that the long term will prove fruitful. I just know if I sell some in the hope of buying back lower, they'll continue to head North and leave me watching them head over the horizon. I know your advice makes perfect investing sense, so fingers crossed I don't regret not taking it!! Still can't figure out why the volumes have taken off though - something must be going on. Cheers.