johnboy112 Sep 2009 12:18
MMs are people who fix prices for shares, this share has been panic sold because it has got a good chance that it will be delisted so MMS offer a low price for the shares, they know people will sell because of fear of loosing all their money and they do not like the idea of the share delisting. The mms probably do not want too sell shares cheap because they know when the company is turned around then the shares will be worth much more maybe, there are only 12,000.000 shares in this company and this can make the share price rise very quickly as you have seen, i bought my shares @ 2.4 and just a few sells later the shares are 4p. If you are thinking of buying then the last couple of days are usually best to buy just before the delisting, i did not wait because i knew just a few sales would shoot share price up, i was happy with 2.4p, This share was 60p just one year ago so i see it as a good gamble.
This is just my op0inion johnboy1, 99% of people will think i am barking mad buying these shares but only time will tell