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As ever, buy trades can be either shorts closing out or people taking long positions.
But from the straw poll, albeit small, we can see that people can't buy large quantities and yet we are supposed to believe there has been this large seller?
Look at the sequence of trade
0.42p and now we are seeing buy trades at 0.417p
Why is the buy price decreasing with block of trades, who benefits from that, not just buyers but also people closing out short trades which are also buy trades
Mark
That is obvious. Because they don't have stock to sell at these deflated prices.
Remember in a short trade, stock is only borrowed or in the case of naked shorts not at all. In either scenario, the net trade is zero, because stock has not changed hands.
Hence the need to look for shares to sell.
Robert,
I keep mentioning this but there are entities who do not have to disclose short positions. They are clearly defined in the SSR regulations.
https://www.fca.org.uk/markets/short-selling/exemptions-requirements
It is important everyone understands this
NOTE the following
These firms can also reduce the restrictions on entering into UNCOVERED short positions in shares, sovereign debt and sovereign credit default swaps.
The shared were issued at 0.7p so how could they possbily be sold at a profit?
They would selling them all at a loss, it truly makes me wonder why people makes such comments when it is self-evident that it is not the case
HI VCB
You mention all the sells, but as I keep pointing out if the market is being shorted then it is the buys which close out the short trades. That would explain why we see endless buying and the SP was actually falling
So the buying and selling ends up being a net trade and no stock actually changes hands.
It is a mistake to conclude that all sells trade are people seeling stock.
There was endless buyers from 0.54 - 0.58 and they kept knocking the SP down.
The endless chatter about their being a seller is proving to not be the case. As i told you recently on several occasions this is being shorted and the fact that we saw endless buying today and yet the price fell proves this to be the case
Talk of a seller detracts from what is going on and it is time there was a concerted effort from investors to demand investigations by regulatory bodies and to not be brushed aside.
Today's trading patterns happens far too often on AIM across the board.
The SP is becoming far too predictable and that concerns me.
We do we also seem consistently across AIM large blocks of buys always followed by apparently large block of sells. We should expect to see buys and sells intermingled
Something seems very artificial about trading patterns these days