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Companies to go bust in 2004
freeme - Mon, 29 Dec 03 :
Posted by Clench623 on Ample 20.12.2003
It's very clear that this board needs some stimulation.
For what it's worth it's a fact looking at the past and current Buy levels, that the combined posters on this board are not financially able to have a significant influence on MMD's share price.
That being said it is still worthwhile from even a small investors viewpoint to retain a grip on the "core" variables. Without doubt MMD is still a risky punt - It is also a potential boomer! In my opinion the downside has been rapidly receeding over the past months. By this I mean that the product has not lost any of it's prospective commercial appeal - And Financially MMD has gained more than sufficient breathing space financially - Thus the current share price remains attractive to the larger players who are already fairly "gorged" and whom will be fast in once again,immediately there is more positive news in respect of sales - And I for one would be most surprised if sales did not commence to flow at a more increased rate during the second quarter of the New Year. If this transpires to be the case, then 50p would very rapidly be reached.
In my opinion this stock remains a fair punt up to 18p.
Happy Xmas
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