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Morning all, Just dealt at 25 bang in the middle of spread, interesting as most such deals usually are printed as unknown
TOB
My small buy @25 bought when the spread was 25<>25.5 mid 25.25 was printed as a sell
We have no chance against this type of practice
What I wonder can be done about this all to common occurrence?
The Stock Exchange view is that it is not their responsibility they only record figure give to them by others. TOB
Said it for years. Either the trade is a buy or a sell. This bullcarp that its based on the price & its difficult and all the other excuses that surround it is just that. It suits the City Boyo's. With technology today it is easy to parse across a single flag as to trade a B or an S. If the someone has put an order in either way and this is broken up it the same logic applies.
With AI tech out there its even easier or are the Boyo's still operating MS-DOS black & green screens (the back stop of banks.....).
Their game their rules and their ball & the FCA/Govt useless - I wonder why.
Russky, thanks for your reply - it's a long way from the days when the London Stock Exchange motto " my word is my bond" (Dictum Meum Pactum)
I guess now they have added " unless it's in print"
TOB Stay Safe
Forgive my ignorance, I’m new to this.. But how low can these lot drag the shares down before it becomes unsustainable??
There are some large sellers that have appeared once again since the RNS.
we had usual sell on the news brigade and traders selling however the pressure on the offer from the MMs is relentless
Dave1239. That is one hell of a question but in a way you had the answer......until the drop is unsustainable at such time provided that there is nothing fundamental that is causing the drop the buyers will return and the drop will be history.
Aim is full of ups and downs you get used to it after a while. TOB Stay safe
This seems like the norm here. Drops mid week and turns north again towards the end of the week. Just exacerbated by the sell on news/ insti's selling more than usual. imo
A river winds and meanders its way through the land but it always gets to the sea. :)
Thank you Si - or should I say Confucius!!