PRSM - Purely a glitch . . . .or?11 Jan 2017 11:11
"Sshh - don`t tell anyone . . . etc, etc". What a load of hogwash! The more who are in the know, and the more who then notice and believe in PRSM, then the higher the share will go - `seemples`.
Moreover, to quote HooleyMooley from a few days ago "My info is that it will keep rising till 850". What info I wonder? Come on HooleyMooley, let us in on your secret! Goodness, your follow-on Friday input is no more than a rather obvious attempt to ramp up the price . . . . . oh dear, seems to have failed miserably!.
The more astute will have noticed that, recently, there have been very few substantial movements, in or out of PRSM. I have spent 2 hours this morning trying to off-load £27K+ worth of my PRSM holding - gosh, what a struggle! I even tried splitting into relatively small bundles to try and generate some movement - to no avail. Why should this be? I can only imagine that the dealers were recognizing a significant downward trend and didn`t want to get their fingers burned.
I wonder why dealers have these negative views (if my guess is correct) when HooleyMooley`s secrets point to a figure of 850P? Again, `seemples` - dealers recognize trends with both pragmatism and knowledge, and not wishful thinking!
My views on Blue Prism? I suspect that there is undoubted, long-term potential in the company`s business. I fear though that PRSM`s share price has risen too quickly and, short-term may not be sustanied. Of course, within the AIM we have seen great successes (recent examples with BOO and BUR, for instance). But, currently I do not have a cosy feeling with PRSM. Still, if I had been privy to HooleyMooley`s "info", then I am sure that my feelings would have changed. I wonder if he will share it with us - any bets?