Tadpole Technology

Well, this week has seen a 100% rise in the share price of Tadpole Technology without any news being released.

There are expectations that something must be forthcoming because they stated recently that they needed funding by the end of March and they have not come back to shareholders with any request for further funding or called an EGM to get anything approved.

I have suggested already that this was back at being a 'Recovery Stock' status and having decided that at the back end of last year I bought some with my redundancy money. I'm now up 102% on that purchase and was waiting to see what would happen today to see if I would sell and take the profit or hold through the weekend and see what happens. The reason I am going to hold is that a chartist friend of mine has kept drumming into me that you don't get straight rises and they usually work on the basis of 2 days up 1 day back or 3 days up 2 days back. Well I wasn't at home yesterday but I see the price fell back a smidgen, but only a smidgen, but it has held firm so far today, so hasn't had the 2nd day back. By holding firm it is giving the impression that it is going to have a further rise.

Here's hoping that for us long suffering Tadders, we now have a possibility of getting at least a return of some capital investment at some point this year and if even luckier then some profits on previous holdings.

Good Luck all holders.

PS - no sooner had I posted this than the price ticked up again at 12.32pm.