Member Info for Alfacomp

sorry to be more accurate the first sentence of para 2 should read:-

If someone is so stupid as to place a 6 million short on this share then they are selling shares to the market makers so then that does not reduce the MMs short position but we will have seen these and counted them as sells so the 20-25M we have tracked is the MM's short position AFTER the amateur shorters have sold them their shares. This still leaves the MMs needing another 20-25M PLUS the amateur buffets needing however many they were foolish enough to print off IOU's for.

vauch - no the 20-25 million short position is the MMs short position - that corresponds to 20-25 million more shares that they have sold to PI's but which have to be yet found by the market makers. Unless they want their heads looking at this quantity will come from a big seller that has tipped them the wink that they want to cash out.

If someone is so stupid as to place a 6 million short on this share then they are selling shares to PI's so then that does not reduce the MMs short position as we have already counted the short sells in the trade analysis. What it effectively does do is add to the total short position - so 20-25M (MMs) plus 6M (bedroom buffets) - the difference is that the MMs have a source of shares but the amateur hour shorters do not and will instead need to buy them from the market at some point in the future. Oh how silly can you be ?

Lindon - if this really was the case then such an explanation cannot have played any part in the market movement prior to when exactly ?

yeah that was it - sorry i got it wrong from memory as I'm busy on something much more interesting.

bassguy - it is very interesting - just bringing it up to date - SETSmm has been replaced by SETSsq - the SETS bit happens only during the regular daily auctions at 8,9,11,14 and 16.30 hours - yielding the UT trades we seen some of the time.

The authors point is that if you do accurate Buy/Sell monitoring, as I do on the trade analysis, you should formally ignore the UT trades as they are between participants with direct market access. Thus the simple conclusion is that I should ignore all UT trades for the purposes of establishing the nett MM trade position.

This would be correct if Market Makers were expressly forbidden from participating in the daily auctions - however I have no reason to believe that this is necessarily the case, and some reason to believe that MMs can participate in the daily auctions - always happy to be corrected, especially as it might get our dear MM friends off the hook for the 21st Dec 2018 end day auction manipulation charge.

BMCM - Joh. Berenberg, Gossler & Co. KG ( https://www.londonstockexchange.com/exchange/traders-and-brokers/membership/member-firm-information-sheets/member-firm-information-sheets-details.html?issueNumber=2015/107 )

is not just your average Market Maker looking to make a fast buck out of private investors but actually very knowledgeable on the subject of flow batteries. See what their analysts wrote on the subject when discussing microgrids some 18 months ago:-

"Flow batteries offer even further reductions in the cost of storage. The main reason for this
is while the overall cost of the system could be similar to lithium ion at $300/kWh, it can be
cycled indefinitely as the electrolyte that stores energy in the system does not degrade with
time."

http://www.fullertreacymoney.com/system/data/files/PDFs/2017/October/4th/Thematics_08-2017-02_Sector%20mircogrids.pdf

something quite interesting here in precisely 24 hours.

how are you ninjamagic - long time no see

superzero8 - yep thyssen krupp have been building metre squared sized power stacks for the Fraunhofer Institute in Karlsruhe for about 18 months now. There was a video shown at the IFBF last year of them craning them into the battery building.

Brad29 - yes still here.

Chartist2 - I think you will find that http://www.lse.co.uk/terms-and-conditions.asp says nothing of the sort

does the stockmarket have before they run out - specifically can they go below 0.001 ?

Inner-Harmony - sorry to be the bringer of good news but on the 714 shares that you bought on the 17th January at 41.347p you are only 10% down.

Larky oh no I am not away

Lsrky - sorry I've been pretty busy the last few days.

Cindercone I have to disagree with you

yesterday - not clear whether this is a buy or sell, or perhaps some kind of rollover.... hmmm

more Buys than Sells now

993344 - actually BMN has barely been mentioned on twitter in the last few days.

published

https://www.thebushveldperspective.com/trading-analysis-30th-jan-2019