dead cat bounce, page-2

Worse than a dead cat bounce.

It is now clear that the Melrose holding has been sold off to a number of different parties. Just one new substantial holder with 6 mil shares has been announced so far - nobody prepared to take the risk holding such a large amount! Hardly a vote of confidence in the company.

But the change has been enough to excite a few people. Share price shot up 50% on just 1.7mil turnover. Watch it plumet again soon!