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Happy we pushed off 62p and I am even happier that we are holding the gains towards EOD... Positive into tomorrow (assuming we don't get a typical sell off before market close). I do think this next 4H close will be a good one and into tomorrow. Agree we are going to be back into 70p soon.
About time we had a decent day!.....well over due. 70p CoP tomorrow...go on then!
If a mm fills an order that doesn't count as a sell and a buy if they are using shares from their own stash.
Hello Rajbury, thanks for your response.
However, how is it possible to have a different number of buys and sells, it’s a transaction no?
Volume today and the afternoon pick up says somebody picked up a lot of stock.
Now watch for the share price being run back up for a nice profit for someone.
Most manipulated share on the market despite and a share price that has been made to trend contrary to constantly improving footfall both here and the US.
Check out those 7.15p.m. IMAX showings of Dune at Leicester Square for Thursday, Friday and Saturday nights if you need reassurance.
Mountainous - MMs accumulate stock; they have to create a pool of liquidity on the basis that there might be sudden demand for a share, and they might not have enough stock to meet that demand. If that happens, and they get caught with their trousers down, they then have to use big spreads or wild fluctuations of the share price in order to generate sells, or discourage buys. That creates huge volatility, and makes for disorderly and unpredictable trading.
FollowTheBear I must be missing something:
Stock trading is transactional, so for every share bought one must be sold.
So how is it possible to have nearly double the buys than the sells?
Always somebody makes the money.
Trades as of now:
# of Trades 3,623
Vol Sold 4,188,022
Vol Bought 7,489,603
£2m buy at 15:54........................I guessing somebody knows something!
So the bought volume has shot up but not the SP! 4m sell 7.4m buys!!
Agreed... These ugly dips never last long, they span over a few hours or couple days and before you know it you're back to 68p. that is why I believe we can close the week green and follow up next week with a rise back into the 70s. Current situation is painful, but temporary.
US markets will be all over Cine at this price!......Could be a good claw back to 65p!
Potential to climb out here! Looking like we are getting some buying activity off of 62p.