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Some chunky buys showed up last night. Good shout AA
Went through this morning and only now showing up. I think that's what caused the rise and then it was met with holders from higher up. Great work and analysis today.
Ah yes, I was getting ahead of myself :)
when all is said and done and forming some good solid support at these levels is no mean feat. Great stuff, see you all tomorrow. Might get that Friday feeling with some good news in the morning!
No probs
I'm new to this share,and I find your views,factual,and, seemingly accurate,,you are xlearly very knowledgeable regarding Pinn,and your updates on what games are being played out, particularly by the mms is very reassuring, good stuff.
You could chip in with that statement from earlier now if you like?
Sunning it in Tenerife at the moment, just wanted your take on today's sp, thanks,keep up the good work
Have double the size of the NMS than any other MM and have a buy order @ over 15p. Interesting to see if and when it's executed what it's for.
I assume you mean on todays trading? Ok kettle pot and black here but it's not really. ( you can't chart this ) If you look at the chart (Im not charting) Jan 14 there is a lot of legacy resistance where back then PINN fell of a cliff. We had a poke at that this morning and found it to be a point where sellers were looking to drop stock in to the market so I would say that's been our first real point of resistance. It's understandable as they guys have obviously been stuck at they levels for a while. Not all of them will be sellers of course because they will see the potential but the ones that have been locked in and struggling will no doubt have taken some. The thing is though they can only sell once, so our next visit to the 17.5p level will be a more pleasant experience. No charting was discussed in this post :) it was used as a POR and not an indicator.
What's your assessment mate?
Doing a bit of bouncing about and almost back to flat again.
This is the fun part where the pant wetters get weeded out and the new holders come on board for the longer haul. All part and parcel of the longer game in establishing a new support line.
Lets see what this is made off then? Where is the solid support line? No need for a bum steer of pretend chartits at this point. The stock will find the support without imaginary line on a blank bit of A4 thank you very much :)
It's OK mate, we can call that a blonde moment lol
Ignore the last post, timing is out looking down the list !
I see there's a gap of 1.5 hours and no trades data from LSE?
and now Flat ! What a morning, feel like I've been on the waltzers for the whole time lol
and now floating back again to collect the order underneath. If anything I'm sure we are having a good lesson in how the MM work. They had to take us up this morning to shake some stock free and I think they must have got a good whack of it so now they go back down and pick up those who want in for the ride north again. Easy money for them but then that's the name of the game and it gives others a chance to get in and form a solid base at these levels. The same happened with CTP @ 045p it went up to 080p and consolidated before the game really got going there and looking back now how cheap was it @ 045p or 080p or even 2p. Experience teaches us how to handle the pressure of these games.
Moving north but trades being hidden. I'll see them all later so no point lol MM are a crafty lot eh?
Flooding back in and on the move again
Volume thus far of 1.3 mill which is good for this company, we've had good volume for the last couple of weeks now. Once the herd arrive it will do a lot more. The sells all seem to get eaten up quite quick and the beauty is they can only sell once so when this bottle neck has cleared we will make another assault on 17p and crack it!
Choppy waters at 17p, another crack this afternoon maybe. Currently 1 v 1 level2
Once again a bit of profit taking. Good luck to them, buyers will hoover these up as demand is solid.
Can I have a reply to my question please when you get a couple of minutes?