Member Info for Alfacomp

for most of the trading so far there has been an inverse spread - i.e. one MM is willing to pay more for shares than the one currently selling. Maybe they should get a room ? Two is apparently not a crowd.

come on market makers can you move it down so I can buy some more please !

because I would like to by some more this morning.

Sell your shares and get out now Merlottheboy

Southernstorm - there were significant periods during the day when you couldn't actually buy any shares from the Market Makers. So it is a defacto lockdown for buyers but not apparently for sellers, though I suspect that a lot of those apparent sells are not what they are made out to be (yes we are still monitoring all trades).

So it's like the supermarkets are taking deliveries of stock but not allowing anyone to buy facemasks and toilet roll. Is that a market ? Is that ethical ? I don't think so.

I think there is a strong argument for requesting a suspension of the trading in BMN shares, and in fact across the entire stock market.

Indeed Bella, indeed.

Bella - the company can request that trading be suspended whenever it feels like it.

I do hope nobody is shorting right now.

and why exactly do you think this is ?

Could it have anything to do with the fact that the Tory party is bankrolled by hedge funds and shorters ?

Answers on a postcard to... oh don't bother it is totally obvious to anyone with half a brain and the ability to type "hedge funds contributing to the tory party" into google.

where's the bit where he says it's really very serious but you know all the shops, pubs and restaurants can stay open, or the bit where he says we all need to socially distance ourselves and all go for long walks in the park.

To be honest he was a hell of a lot clearer than Johnson. Perhaps we should take a long hard look at ourselves and start considering the possibility that not everything we do in the UK is better than everyone in the rest of the world.

they told me it had something to do with large volumes of trades coming from america. Perhaps not only on BMN shares but others that put stress on the systems apparently.

pb940 - this is fine, it will impact all the short duration Lithium-ion batteries more than the longer duration VRFB's - this again allows us and those writing about energy storage to catch up with the reality of VRFBs a bit more.

Lithium-ion picked up a lot of the short-duration high-MW but low MWh projects and allowed lots of headlines to be written. but these markets are much much smaller than the long duration battery storage projects as anyone who has actually bothered reading https://www.nrel.gov/docs/fy19osti/74184.pdf can confirm.

that there has been a short attack triggered upon that recent series of posts.

Sanchez and Knuttie - the reverse spread indicates that the key MM is desperately looking for shares. In addition they are not letting anyone buy any as that would make their situation even worse. They need to stop these games and actually create a market where there are both PI buyers and sellers. At present it is simply PI Buyers, MM buyers, and the occasional sell chucked in to try and fool people. It fools noone.

Is it still a reverse spread Knuttie ?

Halespur - it is called 'painting the tape' - share sells are being dropped in to create the narrative that the SP is in some kind of free fall. It is gaslighting, pure and simple.

daitom -- in the simplest model they are converting shares in cash but are doing so at a price that hands fundamental profit to the market makers. Occam's razor only requires impatience, stupidity or a need for cash to produce this.

yep those who aren't convinced that it is not a broken market need to look at these periods of one-way only trading.

In thermodynamics such a thing would be called a "maxwell's demon" - a device which only lets through particles with a higher than average energy, leading to a separation of hot from cold particles. Such a device would violate the principles of thermodynamics as it would lead to a reduction in entropy as you could essential unmix the hot and cold particles. This is why it cannot exist in real thermodynamic systems. Those economists who would attempt to justify the operation of markets as 'efficient' on the basis of analogues with thermodynamic systems need to learn a lot more about both markets and thermodynamics.

That doesn't exclude generation for self-use of course, jus generation and selling to a party that is not Eskom. This will upset those that are beating the drum for an internet of things styley peer-to-peer transmission of energy. Whilst such an idea works on the roads (I can hire fedex to deliver my package to my customer) it does so because the government takes care of all the maintenance of the networks (the roads).

The problem with all this peer-to-peer crypto-energy guff is that it requires exactly the same of the electricity grid, namely that the government says "sure we'll pay for all the transformers and power lines and distribution grids , any amount of power no problem" and that is not realistic even for very advanced grids such as that found in the UK. It might happen if all you are doing is transmitting a few dozen kWh from a roof top power panel to the factory down the road but what happens if I want to tens of MWh of energy from my PV farm in Wales to an eV charging station in the middle of London ?

In SA Eskom and Nersa will always find enough problems to this situation because of the age and relative inflexibility of their grid. Large scales batteries will help them hugely with that, as they will also help organisations such as the mines store energy from PV in the middle of the day for use throughout the evening and night.

I predict that the Market Makers will intially try and drive the price down below 10p, they will do this to try and spook people out of their hares cheaply.

Then after about 1-2 hours the direction of travel will change and the surfeit of buys that they will receive will require them to move the price above 10p so that they can continue to take shares from their tame seller at >10p. If you can get in below 10.5p then you are doing very well.

plus I'm very interested to learn all about how we can cut 40-50% off the Capex cost of our batteries, thus making them not only far safer than Mr Musk's Lithium-ion bombs, but also cheaper too.