I have just cross-examined a very helpful dealer at IG, who tells me at 4:29 pm the price was 196.25, and THEN an order came in for 500,000 shares, which pushed the price in the final auction to 201p. He couldn't add to that - my instincts tell me that it was more probably short closing rather than investment buying - but I guess we will never know...Any thoughts ?
Trying to have a last tree shake over the last two weeks but only getting small amounts ,.The share price on most stocks go down this time of year due to people needing money for Xmas and deposites on holidays next year.I see the likes of the big boys like Blackrock have not sold any shares since results ,the reason why is because they are in the loop so know what is going on they are our barometer.Come end of January more cash will be ploughing back into Blinkx before the next set of blinding results.
I have been in here a long time and I have not sold until now,i just do not see the point in holding on to a share in a downward spiral no matter how good they are it's just a complete waste of money so I too will have another look at the price you suggest,i was thinking maybe £1.50p, doen't seem to matter how good a company looks investers will take profits and move on I am now waiting for the short term investers to fully exit now.
Thanks guys for a very informative series of posts, esp Gdog and Becky. Interesting to hear blnx might have won the bidding because they are the only ones who could automate the video indexing process.
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.