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HB genuinely how can your price prediction go from 17p to 38p?
That is quite some difference and surely is based on fundamentals that only you can see.....the market has defied you for over a year now.
HB
''I'm still convinced we are going down to 38''
You cannot be convinced if you haven't sold can you?
88 I agree it's all down to the pra, s coast don't think it will happen next wk I'm still convinced we are going down to 38 but best wishes happy to be wrong.
A close above 47.2 would be ok this week.... then next week finishing above 48p - a penny per week is a good steady pace into results.
Typical Friday - city boy traders made their bread and butter for the week buy low 46s and exiting mid 47s or the weekend...
I nearly sold on open for a quick trade but never.
Expect this to creep up a bit through the day....
waiting on the PRA and the 29/7 ..imho...gla.
LTI: I prefer LIT (Limit If Touched) orders. I set the LTI slightly below (or above if selling) the Limit price that is placed at the same time. Usually gets filled at LTI price and almost always get completed order at limit or better. I use Interactive Brokers and have for the last 20 years.
DOW up 1% at close. Asian markets currently on good gains. If Lloyds cannot manage a decent rise today its going to be a long 5 weeks to half year results!
Very difficult currently for short term guesses on LLOYDS currently and mine wont count but id say we are looking at 47.7 close tomorrow.
A long term view is needed though with bank shares.
When LLOYDS does hit 55p I will probably exit my spread bets and go short for a gamble at a pull back.
Never mind Christmas you didn't take part in the Friday close share price prediction entries closed looking like myself or falky will win
https://www.shiftingshares.com/normal-market-size/
Worth a read...especially for aim trading.
should have little trouble in purchasing 200,000 shares in Lloyds at quoted price or fractionally above.
Normal market size would be based on company size, liquidity/ percentage of normal volume
30k is not an arbitrary number so I guess there's some sort of formula or value that's arrived at, just always accepted it.
I was just reliving some past experiences on the AIM Lti.
Every share has an "nms" or normal market size - trades within nms are guaranteed at the current buy/sell....if you go out of nms the buy can be higher and the sell can be lower. I doubt LLOYDS has an nms of 30k shares though.
tfe
I use HSBC invest direct. If I put in a limit order which is partially filled initially. my order will go into a 'dealing' status until fully filled or until close at 16.30. I have on several occasions had a partially filled order , which is a bit annoying as I would normally purchase/sell a round number of shares.
Xmas 2021 prediction -
LLOYDS 55p
RBS 250P
BARC 195P
DOW 37K
For every buyer you have have a seller and vice versa
I see Lti answered your query Faulkes.
I might add it's not just buying, sometimes you'll find that it may difficult to sell an amount above the market size. This can be a right pain, especially if you want to dump a large volume and have to do it in small tranches. Not only do you pay charges every time, it usually happens during a falling SP when everyone is rushing for the exit, worse still sometimes you can't even get a quote.
fa
If I want to make a large purchase i would normally put a price limit on my order, a bit above the quoted price in order to have a greater chance of my order to be fully filled.
LLOYDS second volume leader today with approx 151 million share traded.
Faulkes a 500k buy on LLOYDS is nothing - this is the city boys bread and butter hence shares always available.
RBS and BARC holding better than LLOYDS due to the fact they are not so heavily traded but we could catch them up very very fast or they will fall back in line with us.
I'm not expecting any dramatic movements tomorrow in either direction - the ship seems to be getting reading for a journey into the 50s though.
Volume of Lloyds shares transacted each runs into many millions, so shares in plentiful supply to purchase.
fa
The market size would be the minimum number of shares you should be able to purchase at the quoted price. A much larger order may not not get fully taken up at the priced quoted.
80 million sold and 27 million bought, so volume 100 million. Not much volume traded considering 71 billon shares in issue?
TFE - you can teach me something! I understand what liquidity is - but in context for your sentence including mentioning the market size of 30,000 … what does that all mean?