Member Info for Albert82

CW25. In the event of a takeover, the terms have to be agreed by a majority of shareholders, so us PIs have to sit on the sidelines. When the offer has been accepted, the shares are simply converted into cash on your account on the date agreed. Every shareholder will get the same cash value.

Henners, thanks for your post. I get so frustrated reading all the daft posts about the evil Mm's!

I think it was Warren Buffet who said that if you aren't prepared to hold a stock for 10 years, don't invest.

Very important point Shadypants, but when has ARB SP ever made sense? The numbers prove they are here to stay and, barring a total collapse of BTC, they will be very profitable for the foreseeable future. I've got a stack of shares in my pension and that's where they will stay.

Like most of the regulars on here, it's quite a relief to be sitting on a tidy book profit, although I have gone from thinking "Why did I put so much money in here" to "I wish I'd put more money in here"!

Treetop, that is an incredibly crass comment. You should be ashamed of yourself.

Please read my post at 22:49 and forget the MM conspiracy

TheOldBee. I totally agree with you. The simple fact is that when a trade is struck, it should be easy to ascertain if someone has hit the Mm's bid (therefore a sale) or lifted the offer (therefore a purchase). It's not the market maker or this site that cause the lack of clarity, it's down to the regulator to enforce that the buy/sell marker is part of the trade report. Instead, this site and others just have to guess - if the price is higher than the mid price, it must be a purchase and below, it must be a sale. I would guess that in 4 years of regular trading about 40% of my trades are shown bass ackwards.

Crowfoot. Good to see you're ducking and diving for a couple of shillings. I'll get some nurses to arrange a clap for you.

I see 5 more tiny trades at 5p and there were 7 this morning at 4.3p. Has anyone worked out what these are for?

SNG were quite widely tipped, so I got in at 17p....

Further to this, I've traded 3 times today in ARB, and none of them appear on LSE. The only thing to believe on this site is the sage comments from Duke and the like.

New kid on the Argo block. I just topped up at 9.82p but to confirm what you say, whatever platform you look at, the convention is "Trades priced above mid-price at the time a trade is placed are assumed buys, those priced below are assumed sells". Very misleading, but you would think that the trade reports would pick up the correct marker in the 21st century!