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UT trade at close was at 28p, hence we are showing as down on the day when in fact we were unchanged. Probably show us being up at the open tomorrow given that the closing prices were 28.5p-29p
Have a good evening all
Anyone watching the trades since Christmas and selling here is an idiot,look at the way it was manipulated down in the last 2 hours today,it’s laughable.
It just needs news and you at least double your investment.
Good shout Livin re opening this morning, not often we start blue without news could be a good day.
L2’s level so far only 10k each side.
Morning All.
Cheers rb, I just feel that the sp is currently being manipulated (up and down), would like some news very soon!
Gla
I've heard it said of VAL, that lots of shares are in 'sticky hands' with little 'free-float' and that it can be 'heavily treaded'.
Are these two characteristics mutually compatible?
A fair point JennyT (from the block?!) - though I do think a high %age is fairly tightly held in both the very large disclosed holdings & holdings which are large but just under the level that requires notification. The remaining shares would appear to be traded pretty heavily- especially on anticipation of/post News release so I don’t think the 2 are totally at odds with each other.
GLA
@JT
as you know, there are quite a few of us who have large holdings and do not wish to sell any time soon, these are the sticky hands, however a broker is able to "borrow" and "lend" these shares that they hold on your behalf if they feel the risk is low enough, however there does come a time when that risk is too high for them to do this due to the large amount of shares that are still owned by someone else, as the risk is that they decide to sell them themselves.
There are however two ways to prevent your broker from doing this with your shares,
1. request a share certificate for your shares, you then own them, the downside to this is that you can't trade them quickly
2. request that your broker does not lend or borrow your shares - however most broker terms and conditions you signup to on some of the platforms will allow the broker to borrow, - Some brokers will agree not to sell borrow them and some won't
hopefully that helps out a little
I see that the pesky MMs have widened the spread. The spread has been relatively small recently but now at 29-31 we are at 2p (I did that in my head without a calculator!)......are 'they' trying to stop people from buying?
@Andysel
There is a 3rd way to stop your broker lending your shares.
When every I buy a stock, I immediately place a limit sell order for around 10 times its value in a couple of months time. What this does is prevent your share custodian from lending your shares as they are now tied up, thus reducing the amount of available.
There my shares how on earth are they allowed to lend them ffs
It’s theft really
If everyone here refrained from top-slicing, then that'd stop the flux and intensify any rises.
Setting limit sells allows them to gauge ranges, in which they will happily continue to lend, buy, and sell, well below the set threshold, so I don't think that's the answer to be honest.
Basically stop paperhanding :) keep them shares sticky and up the sp goes
We need to spread the word to other boards. Alway on dummy trades ask for a buy price etc.
Everyone here has there own agenda, running their own race. I’ve held my shares and kept adding for ten years. At times I wish with hindsight I’d traded but hey ho. . That was my decision and I’m still reasonably happy with it. Until we have news the only SP rises we will see is from rampers. Then it quickly drops when the news isn’t as good as the ramping. Hold if you believe in Valirx and Suzy, sell if you don’t. In the mean time day traders will trade.. it’s what they do .
The Wolf of Wall Street comes to mind.