The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Well I've bought a few more, thankfully after the drop to 22/23p.
Good news tomorrow morning please !
As a LTH, if someone had told me I'd be"adding" at these prices this time last year I would have probably laughed in their faces, but shows how the company has changed and developed in the last 12 months, and let's not forget we've not even had the long awaited deal(s) or trials news yet.
Moonparty, I think so many of us feel that way, I know I have done 35 trades in the last six months on Scancell, of which 90% I have made money ranging from 1p-£500 on just a few occasions. I have only on one occasion bought at the lowest and sold at the highest, but after the rise I had to sell 50k of my 250k to redo my home and at least I sold at 27, 27.2 and twice at 27.7.
Last week I did manage to buy 10k at 22.75, I was really hoping to keep my core holding for longer, but, was not to be, I wasn"t trading just releasing funds to pay for my home decorations. So now holding strong my remaining 210k and my only plans are to sell another 10k when we hit the mid 30s.
I think many would agree we are now in the middle of the recent trading range, which for me is a good buy in price as the support to keep us above 20p has IMHO been very strong. Only in retrospect can we say whether our thoughts were right. I have just concentrated on Scancell as to be honest it is the one share I have a better understanding of how we move, but as ever wish anyone the best whatever they decide. When we do hit 35 whether we have bought in at 21p or 24p is of little consequence really, and I have learned on a couple of occasions it can be foolhardy and greedy waiting for a price we want to buy in retrospect again.
I am sure there are many of us with averages 12p-15p now so for the first time in a long term we are not chasing our tails which really to me feels good, good luck whatever you decide but with scope for good news on so many things, I feel we are better positioned than we ever have been now for the next leg up. ATB
I have this years cash in my ISA, some of which is destined for Scancell.
I'm hesitating though - normally when I buy, the price immediately goes down :(
Considering our trading range 21/24.5, 25p it is good to see support kick in as yesterday at mid 22p, and note for consolidation purposes we are just 20% off the years high of 27.9, IMHO not bad considering we are pending news.
Never good to speak too early, lol, but very promising.
Knowlesie.18.16 ..” This isn't your head and shoulders nonsense.”
Where did I mention this nonsense!? Rubbish that I never use.
I think your are confusing me with some one else ..
Get a grip !
Interesting stuff but wasn’t the explicit question around how this is recognised amongst all other trading and not what “blackbox trading” actually is? (WTP 15:51)
Knowlesi...
You are talking about funds ...I didn’t
Any one can set algorithms trading by buying into the software and instruct the computer on what level to buy and sell.
You are wrong to assume only funds or similar can do this....
Perhaps you are not familiar with it and don’t forget there are other strategies too for short trading traders...
There are many ways to make profits if you only invest with small capital ....and many do just this to generate profits...3 days rule, 5 days rule, buy Monday and sell on Friday ,algorithms software applications..etc....all are trading strategy one can play with....
All games are available for your fancy in this big casino....we call investing in the irrational market!
Sclp is one AIM game where you chose to put your chips on....
That is how I see the whole thing in the stock market....and certainly here for one aim to make the maximum profits and nothing more....
Sclp trading in the last many weeks can fit any on particular day or week..
There are two kinds of traders playing algorithms...
The hobbyists and the professionals...
The hobbyists does it at any volumes to squeeze maximum profits on low capital and the professionals “vultures” where there is nothing too small to go after. They will always find opportunities to squeeze profits too though they prefer high volumes to make it big ..
I was one of the hobbyist! years ago....setting my stop sell on the high wave and generate small profits on the day.....gave up years ago as no longer worth it for me! Though it was nice in the old days...
I agree with you Knowlesi. In my experience algo trades tend to many frequent trades all for the same number of shares.
And as you say you really need a tight spread. It used to happen to a Nasdaq share I was in and you would see 10s and sometimes 100s of trades all for the same amount.
SP movement above 24.5p trading day close or below 21p are the important numbers to watch...otherwise stuck in the range of 21-24.5p for algorithms to play with until the positive news..When the day trading volumes average will be at least of 2.5 multiples ..
When the sp closes above 25.p on three days in a row then I will be putting more but not now.
I want to see results and meat on the bone
All just imo...
Enjoy the wait for now...and the science of course !
GL
Yes this Algo fella is clearly minted.
This is the basics of Algorithms....
“ computer program that follows a defined set of instructions ”
How could anyone be investing without this basic knowledge...!!
Please take care of your wealth....
Off to my GGP loves gold!
Hi Hasiba, how can you tell? What's the tell tale signs?
Who's this Algo fella?
Nothing to get excited about!
Its is “blackbox trading” following algo instructions..
GL
Indeed and full ask Paid
Or the Americans have had their coffee and bagels.
Might be that someone read one of the responses to the CEPI tweet :)
?
23.15p paid too.