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Originally Posted by AlexanderHanff
Am I reading this right? Phorm shares took a serious beating today and closed at 12.5? Or are the iii charts being crap again (they have a habit of being very slow to catch up I have noticed).
Phorm are in the danger zone now, I was talking to a financial expert in the media last week who felt if Phorm shares dropped below 12.00 they have lost and people will just dump everything they have (in his opinion). Phorm share price is being watched very closely by the traders and analysts at the moment and is classed as a very high risk stock. As many of you know I had a 1 hour long chat with a journalist from the Financial Times last week who is writing an article on exactly that issue (high risk technology stocks) which is due to be published in the Investors Chronicle in the near future.
Keep the pressure up folks.
Sorry I have been quiet the last couple of days I am up to my neck in uni work and have two pieces due in on Friday (one of which is my dissertation). I have to confess I find it very difficult to motivate myself to do mundane coursework (such as decision support systems) when I am working on such a huge issue as Phorm.
I want to see that share price drop into the 1100 zone tomorrow.
Alexander Hanff
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You should post this useful information over at iii for the investors (the ones that want to get out before losing their shirts).
Btw keep up your work with your studies, I too found a fantastic project to engross myself with about a month before my finals.
