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Mdy 25p and beyond sooooon!!!!!!!

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gb678 - Tue, 30 Dec 03 :

Obelix,a lot of buyers follow trends.Fidelity helped mdy go up from 4p to 26p by buying into the upward trend.They started selling near the top(just before the top if my memory serves me well)and their constant selling no doubt helped mdy in its downward trend to 10p.Mdy are ebitda positive now with futura shelved for a few months and this seems to have turned the tide again but it is early days and the likes of fidelity may want to be more certain mdy are back to an upward trend before they join the fun.If as I now think mdy is in an upward trend then if the big players join in we will be in the 20s again quite quickly.


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