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Shares: Ibb.l & Eiib.l

Hi

Apologies if this is not appropriate.

I am new to to shares and I have been following these two tickers (IBB.L & EIIB.L) for the last month, with a view to purchasing. However, recently there has been some big movements in IBB.L which I don't understand and I was hoping some of the experienced shares dealers on here could give me their opinion on this please.

Both IBB.L and EIIB.L were at around the same price until this week when IBB.L has just increased significantly.

I have'nt bought any shares in either componies yet. Should have bought IBB.L last week. Hindsight hey...:D

Thanks in advance.
Debt at highest (November 2005) = £35,856

Debt currently (August 2006) = £20,790
&More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700

Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
2nd Interim Goal = £15,000, Target October 2006
Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!! :p

Comments

  • cheerfulcat
    cheerfulcat Posts: 3,418 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Try looking at a longer term chart. These are penny shares and seem to have been tipped recently - here's the ADVFN discussion for IBB. EIBB's chart looks just as sickly.
  • nmiah786
    nmiah786 Posts: 577 Forumite
    Thanks for that.

    Just trying to "figure out" if it will stay at this new high or increase further!!!

    I was expecting it to go back down to 6p-7p by now, maybe the end of the week.

    Thanks once again cheerfulcat
    Debt at highest (November 2005) = £35,856

    Debt currently (August 2006) = £20,790
    &More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700

    Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
    2nd Interim Goal = £15,000, Target October 2006
    Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!! :p
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