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Henry.
If market makers take a large order at ‘x’ SP, this needs to be accumulated over time. If the SP rises over such a time then obviously order cannot be filled at order price....
Of course you could speculate there’s someone offloading a huge wedge but given previous large volume buys, and recent news, highly likely there’s a background buyer. To add, you will observe most trades today appeared as sells... Then, suddenly, a load of buys started appearing. This often can be deemed a MM tactic (buys showing as sells) to justify keeping the SP low.
Let’s see if any large delayed buys come through, wouldn’t be surprised.
Hi A1EX,
Thank you for your answer.
I still not clear how large buys can hold SP low. I see how large SELLS can hold SP low: someone is offloading a big chunk at a fixed price preventing SP going higher than the price the seller sets. In my mind, large buys by definition should send price higher. Thus, I would say that large sells are filled in the background now rather than buys. Could you explain you idea?
Correct Pud Pud.
You will also recall that the RNS stated that the update would be via the app.
Tell me... Why would Melody post an announcement to the target audience (US) when half of the have only just got up? Social Media posts can very quickly get swallowed up and become less visible as time passes. Melody are just waiting for ideal time of day to serve mainland US as a whole.
Would expect something to come through within an hour or so IMO.
I feel an RNS coming in . Correcting the previous RNS to June
20 More shows will be announced on the MelodyVR app on May 20.
It was an RNS to the uk stock market . British time . He’s got 3 hours 50 or I’ll file
Also, I stand by the fact that if things don’t transpire today, it’s less-so down to MVR, and more down to the music industry changing decisions. Things in that space constantly evolve unfortunately and it’s out of our hands. Hopefully things will still come to fruition but you never know.
Plus in this uncertain time all it takes is for an artist to have agreed, it be ready to announce, and then he/she/they get sick with Corona. Fingers crossed everything will be fine but blame can’t always go to the BoD
Plenty of time Pud Pud... It’s only midday in LA...
Any news from Matchett ? Another RNS bluff ..... tick tick
Wastemans on this thread it's unbelievable, same thing happened when certain stocks went onto to do something special..
carry on your bum fluff can't change the future of what's to come :)
Chipman,
"who is Action Man and Embers? Trying to catch up"
Action Man = The greatest hero of them all
Embers = The real Optimist
Optimist = Don't ask!
Hope that clarifies!
Thanks mel
Let’s see if he remembers
Gla
Thank you so much. I appreciate your clarifying that for me.
Sure Melody will Tweet about new acts as well as the app. Maybe they are on US time.
Welcome. The code will change from EVRH to MVR. There shouldn’t need for you to have to do anything with your shares if you hold them online.
Sorry, but I guess that means no-one yet knows, but that there is an APP? You mean the MelodyVR App? Why would they inform investors via a B2C app? Also I live in a country where the APP doesn't actually work (licensing I guess or some such), guess I'll follow on here..who is Action Man and Embers? Trying to catch up :)
Just a thought it says new shows will be announced on the 20th May on the app. So we might not see anything here.
Action man said he would update us via the app not an RNS. Correct ? That’s the right way to go because it should be BAU news.
Let’s just hope he keeps his promises because like Embers he has no shame .
New here. Hold some EVRH stock. I am wondering whether the announced name change will affect the ticker and if so whether I need to do anything or simply continuing holding EVRH in my portfolio. I know, strange question, but I'm concerned I might miss out, or haven't done something I should have...
Hi Watching2,
No, we haven’t been told who, AM has stated that MelodyVR would announce on the APP the next lot of artists on May 20th. I guess anytime soon!!
A lot more buys showing up now... Big order filled I reckon... Lets see ;)
There has been a momentous change in the world over the last few years which is affecting the music industry. There was that bomb at the Ariana concert, huge shift in the carbon footprint attitudes and now a virus. Can't see a decent size gig happening for a long time and "World" tour will be consigned to history. Now imagine the veiwing figures for a U2 gig streamed in HD quality with the option for VR. Different priced tickets for a different experience, 2D, 2D with jump spots, Full VR etc.
Fans get a choice, artists get paid for their performances, very low carbon footprint and fan safety from attack and viruses. Win, win. This will take time to build the user base but can see it would be popular with fans and artists a like.
TS
Mel have we been told
When the the names of the next artists are going to be released
MAY 19th Tues : 22:57
52,000 FB Followers @ 22.52
MAY 20th Wed : 15.22
53,410 FB Followers @ 15.23
Was averaging 1000 per day, now averaging 1500 per day, looks encouraging! IMO
Tik Tok....
Is that the sound of someone waiting for TILS to hit £1.50?
Should bit be today the new artists are lined up