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Thanks Jayne - helpful as usual. For my own cerebral wellbeing I’ll study further. To my mind the sooner the middlemen- the MMS - can be eliminated from the equation the better as their incentive to manipulate is seemingly unbounded. PerhapsDT could provide the necessary AI and machine learning to facilitate this.
Hi Lending, My knowledge on how it works is fairly limited too, just observation and what I've gleaned from various sources. Looking at the 13.4808/10 2x7m `sells' there's no spread, so it looks more like a transfer than an open market sell/buy? As Henry said, there were times today when the SP was erratic, so perhaps not, though if both were sells, then they got absorbed pretty quickly!
With the 16.59-17.13`sells' -(totalling over 8m) - at least some if not all of them - look to me to be `buys' based on the SP creeping up and finishing @950. Also it replicates the last two days after hours big buys.
My understanding has always been that the MM's do buy and hold certain amounts, though very big orders are pre-arranged so they buy and hold over days sometimes to fulfill them? This is just what I've gleaned from various sources, but makes sense.
Hopefully someone more knowledgeable can give you a more accurate answer - I'm happy to be corrected, I was just really trying to explain to Beryl why not to trust LSE's buy/sells at face value. :-)
No real news and more to come - sillier than a something - comment about 3 weeks ago. Let the sp settle - wouldn't not to be holding or buying in the silly Mmgames . Let this mayhem trading settle down- reminds me off AML - some millionaire was playing the share and everyone followed him - no real news there either. Sell at £10 all , see u at £7-£8 it's real sp. Plenty more news to actually make this stay at £10. Fy22 I believe is any real news, wait till after Fy1 2021 - prob March/April any real results. P.s. see Aml - £17ish sp. It's the millionaire traders getting normal investors worked up FOMO.
I may be wrong but these large 1m drops happened when the price was 943 and explain the erratic drops we saw during the day. Unlikely to be made after 16.30.
Why there are big offloads is the question.
Up or down tomorrow?! Who knows?!
I'm holding out for £10+ maybe tomorrow, next week, next month. A retrace would be disappointing below £10 however I'll gladly buy more at a discount.
Short/long term plays bla bla. GLA.
Jayne -my limited understanding of automatic trades (SETS) and auctions is that there is always an equal number of shares bought and sold no matter whether it as listed as buy or sell - as that is how I understood the book building and SETS ( theAT& UT trades)works. So no matter whether it is listed as a buy or sell, It is in actual practice a buy and an equal sell. So the volume quoted is half the buys plus sells. Is this correct?
When it comes to off -book trades through Market Makers (the O trades I think) Buys and sells are both listed but not necessarily under the correct buy and sell heading (as you said). I would have thought the the Money makers would have to keep close control to balance sells and buys or else they would have to hold large inventories of shares with the associated risk. So when I see two sales of 7 million I read this as 7m buy and 7m sold. In the end shares bought have to match shares sold - but with some ability to manage short term imbalances by MMs (the big difference from SETS)
I probably have an imperfect/incorrect understanding so if you or anyone else can so clarify to how it all works it would be appreciated. Basically I don’t understand how there can be a day when buys massively outweigh sells or visa versa - unless MM are prepared to hold massive and very risky share inventories. It certainly - to my understanding - can’t happen with A or UT trades.
You're welcome Beryl, and thanks , have a good evening yourself. :-)
Thanks very much Jayne. Even I just started not long ago, I can see the stock is full of excitement, everyday is school day, I learned a lot from here, thanks again for the advice, have a nice evening
So a likely jump on Google, same as this morning. 9.50 is correct.
Beryl, big buys often do happen after hours, but the timestamps aren't in order today, so what appears to be sells on those may well be buys. Yesterday and the day before the timestamps were chronological so we could see the buys in the millions were definitely buys! Confusing isn't it! :-)))
LSE's algorithms predict whether a trade is a buy or sell judging on the previous price, so are often completely wrong. It's important to see them in time-order to judge. As the SP now appears to be up @950, I think they're likely to be buys, which would fit in with the pattern of the last couple of days of very big buys.
A lot of after hours trading, is it big trading normally happens after hours?
21-Oct-21 13:48:08 896.50 792,000 Sell* 7m O
21-Oct-21 13:48:10 896.50 792,000 Sell* 7m O
21-Oct-21 17:13:25 944.788 23,671 Sell* 223.64k
21-Oct-21 17:01:15 943.00 330,900 Sell* 3m O
21-Oct-21 17:01:15 943.00 187,936 Sell* 2m O
21-Oct-21 17:00:48 943.00 280,772 Sell* 3m O
21-Oct-21 17:02:07 939.871 187 Sell* 1,758 O
21-Oct-21 17:01:59 942.521 285 Sell* 2,686 O
21-Oct-21 16:59:27 947.886 85,151 Sell* 807.13k
Gafg, yep and daresay that was a receptive audience for DARK's plans to expand into privacy software! :-)
A great opportunity to give away a few Darktrace freebies in return for becoming: "By Appointment to her Majesty..........."
The Queen will certainly appreciate the need for identifying and plugging leaks, as well as thwarting hacking journalists etc.
Matt, yep, this Government have zero interest in climate change, the majority of those people are completely removed from reality. It was clearly a huge PR exercise in greenwashing.
Still good that DARK are getting promoted further up the ladder though.
Sure, but if you actually want to combat climate change, it would have made more sense to invite the CEOs of the Oil exploration, mining, and utility companies, and give them all a good dressing down! Inviting all the people who already agree with you, and who are less impacted by the issue makes less sense to me.
Our Poppy up there with Bill and Madge, so proud! Got a lot of press Stateside too. Can only be great PR for DARK globally.
Reposting this from Jayne C btw. V interesting. What a tea party!
https://www.standard.co.uk/news/uk/queen-windsor-castle-bill-gates-global-investment-summit-b961385.html?itm_source=Internal&itm_channel=section_banner&itm_campaign=breaking-news-ticker&itm_content=2
Hahaha. Yeah, maybe he pulled few pennies out of his pocket to buy DT.
It's in some of the press here and Stateside too. Good spot Marna! https://www.standard.co.uk/news/uk/queen-windsor-castle-bill-gates-global-investment-summit-b961385.html?itm_source=Internal&itm_channel=section_banner&itm_campaign=breaking-news-ticker&itm_content=2
Wow! I need to see that. Poppy G with Bill G and the Queen?! That's the kind of PR most firms dream of. Bodes extremely well for DARK surely. :-)
Maybe it's Bill who's been buying, LOL.
DT CEO side by side with Bill Gates meeting the Queen last night. Sky news.
Buys of a few million after hours again? Bit of a nice pattern emerging methinks. :-)
Dozee let’s see what happens tomorrow big rise I hope
Someone likes the look of DT Henry with those AH buys!!! ;-)
Some biggies today:
Recent Share Trades for Darktrace (DARK)
Date Time Trade Prc Volume Buy/Sell Value
20-Oct-21 17:00:36 924.75 531,469 Buy* 5m O
20-Oct-21 17:00:36 924.75 280,772 Buy* 3m O
20-Oct-21 17:00:36 924.75 327,628 Buy* 3m O