They just posted response to speeding ticket that they know of no reason except that an internet advisory company called "invest 4 profit.com member mail" posted a buy recommendation yesterday. I have never heard of them but they must be influential.
I was going to trade it but when i saw it was a rebadged opm I looked quickly away.. pretty amazing run some are speculating its because a company *************? has been spruiking it to thier clients..
there was some question mark around the way ansearch was getting its hits also... as in shonky ways... i've suddenly got to ansearch without knowing how a few times..
anyways obviously all that doesn't matter, gw who ever snuck in for this run.
Its response mentioned the share price of Google, the value of "Ask Jeeve" and the only search engine company listed on ASX. I wonder how many people who bought this share have ever looked at this search engine. Why do people use it instead of Google and Yahoo? I tried that last night and did not look appealing to me at all. Anyone who understand how special the technology this company has/the killer strategy they are going to implement, I would like to hear about it. Thanks.
I got that email "Offer" today as well
If they send it to enough people and only a small percentage buy in then. In my opinion that explains the recent price action.
Looks like pump and dump to me.
Wouldn't want to be the last of the sellers if it is all just hot air driving it.
Not with my $
No offence but i don't see any problem with ************* recommending to sell a company and then buy into another company as that's what their job is in helping people to profit from a sale and then buy into a company to do it all again. Volatility in the market is how we as traders make money so i don't see that to be a problem also.
Looks like this company is finally turning profitable, only 4 months after their initial goal of June 2006 but only by $3,000 I think. Was hoping the announcement would come out while the market was open today and see what reaction it would have on the SP. Will be interesting to see what happens on Monday but my feeling is not a lot
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