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WLM! Its not a day trade share.
Correct milnrowmug, the “gambling” word is often frowned upon, however, investing sounds better :-)
GLA
Haha Joe that's why it's called gambling. Yes, gla.
Well let's both agree that we could do with some positive news sooner rather than later then if the SP is to progress in the right direction....
Demand will only increase on positive news or if the SP drops to a more attractive buy in price. Which comes first ? take your pick, that’ why its called investing :-)
GLA
On the basis of 'Supply & Demand'.... let's hope there's alot more 'Demand' on Monday then.....
Don't Panic :-)
Can Everyone Be Selling?
Other traders and investors are on the opposite side of a transaction, not usually the broker. To say "everyone is selling" is usually an erroneous statement, because in order for transactions to occur there needs to be buyers and sellers transacting to create trades, even though those trades may occur at lower and lower prices. If everyone were to sell, there is no market in that stock (or other assets) anymore until sellers and buyers find a price they are willing to transact at.
When a stock is falling it does not mean there are no buyers. The stock market works on the economic concepts of supply and demand. If there is more demand, buyers will bid more than the current price and, as a result, the price of the stock will rise. If there is more supply, sellers are forced to ask less than the current price, causing the price of the stock to fall. For every transaction, there must be a buyer and a seller. If the last price keeps dropping, transactions are going through, which means someone sold and someone else bought at that price. The person buying was not likely the broker, though. It could be anyone, like another trader or investor who thinks the price offers an opportunity to make a profit, whether in the short-term or long-term.
GLA
Putting the two large trades (110m) to one side you cannot assume that all the other trades shown colour coded red are actually sells. Its sometimes impossible to know and the MM's use the system to their advantage.
So Monday will be interesting to see if we do see a Holdings RNS.
Chester.
Let's see what next week brings......just not very inspiring to see 2 sells amounting to nearly £400K.....& daily sales exceeding buys by over £500K....in a company supposed to be on the cusp of big things....
Could even be Speadex doing their thing and top slicing already. If it is them we were warned by a poster that they can be a pain.
I would agree that the directors would be have to be rationally defective if they are the ones selling. Plus the Institutional Investors would be livid.
So until we hear that an important investor has sold a chunk of their holding, everything is speculation and let's be honest we all knew that there would be profiteers taking advantage of 0.25p ashare.
Chester.
If the Directors have sold any shares then they will have to advise the Market and we will see an RNS. Personally I don't think the Directors would be so stupid to sell right away after stitching up the shareholders on that eventful night .
I had read some time ago that the Administrators of the Woodford Funds may try and sell more of the Woodford shares by early July in order to give the old Woodford Funds holders another pay out of cash, so maybe it could be that. Not sure of how much of his holdings in TRX are still left to be sold.
Very quiet on here this evening...hope everyone bar me hasn't sold up!...but it would explain the 150 million odd excess of sales v buys.....
Very good nomlungu....made me laugh!..
Must be great being a director....arrange a placing & subscription at 76% discount to current SP.... shafting existing shareholders in the process.....many sure you fill your boots with discounted shares....then sell at 40% profit ...nice work if you can get it...all theoretically of course!....
If the 2 large trades were a 'couple of directors flogging their cheap placing shares' then shareholders may have been taken for a ride.
So what do peeps think of those 2 massive late sells?.... presumably couple of directors flogging their cheap placing shares?... doesn't inspire much confidence