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363K Buys vs 114K Sells - Buys outnumber sells by more than 3 to 1

232K Buys vs 113K Sells now

this morning 170K Buys vs 80K Sells. As usual Buys outnumber Sells by roughly 2 to 1.

I see that some on ADVFN like the trade analysis but don't like the fact that people recommend the posts for it. What do people think of this ?

Ninvestor - you'd have thought that the solution would be staring them in the face, simply sell those shares that they've got lined up and just let's get on with it.

we have a low volume and balanced trading now. What can Market Makers do if they have a short position with an average sale price of, say, 43p but which is expiring soon, but a seller who won't sell at less than, say 40p. And with potentially transformative news on the horizon.

1) Option 1:- tip off a bunch of shorters, the ones you least like, telling them any sort of nonsense so that they pile in with a bunch of cheap sells to try and lower the price. Take those shares instead of your seller and close the short position and tell the seller - sorry we couldn't shift any more of your shares. Problem:- the size of the short position, something over 10M is perhaps too big for this - you don't know any shorters who are dumb yet rich enough to take a 5M pound punt.

2) Option 2:- try and stimulate some day traders to come in shift some more of your sellers shares. May need a controlled but energetic rise from sub 40p to >46p and you might be able to shift another 5m shares over a week. Slightly risky if you've done this a couple of times before and people are looking to pile back out again at 45-46p - you might end up simply increasing your short position and not shift many of the sellers shares.

3) Option 3:- take the seller's shares, close your short position and give yourself a chunky long position to take forward into the upcoming news. Usually one might only consider this if you've got dead-cert info on what's coming, after all we're not investors, we're market makers and have the right to make money without taking any risk. Risk is for mugs.

4) Any other ideas ?

How true that is iceman

Toastal et al - you guys need to band together and vote this deal down. The shareholders here are being stitched up by the board and the city and chucked overboard.

Private Investors can succeed when they work together - the Bushveld Minerals story is a prime example of this, as is the fact that 5 out of the top 8 posters on LSE.co.uk are BMN posters.

You need to organise into a shareholders action group as soon as possible and get something like 20% of shareholders behind you. Also don't forget sharesoc ( https://www.sharesoc.org ) and the UK shareholders association ( https://www.uksa.org.uk/ )

gosh it seems the BBC have been briefed to see only the positives. The story doesn't look quite as good when it is headlined "long-suffering shareholders wiped out by airline takeover"

With respect it is the current board you should be criticising not Branson who is just doing what any red-blooded capitalist would be doing.

Having said that one cannot feel but incredibly sorry for shareholders here that have been hit by this trainwreck.

as requested

https://www.thebushveldperspective.com/trading-analysis-10th-jan-2019

You've been a fly many times before at Vanitec and Mines and Money gambit, lol. There's no flies on you.

dubmaskullanga - yep you got it right - just for precision 60W = 60 Joules (J) per second and the H for hour should be written in lowercase. Apart from that you're exactly right.

numpty - yes it is, they are just liquids after all.

One point that is not immediately apparent from all the lovely little videos that you see of VRFB 's working is that the conversion of electrolyte from one pass through the power stacks is not 100% - it is actually maybe only 5% - this means that you are passing 95% of the Vanadium ions through the stacks without conversion.

This may seem like a wasted opportunity but if you required the stacks to have 100% instead of 5% conversion they would have to be more than 20 times larger in size - so no real advantage - 20 times the power, but a stack unit that is more than 20 times bigger, albeit it at the same pumping rate. But power/pumping rate is not the point. Overall system size is.

The other point that this leads you to is that the pumps always operate in the same direction, regardless of whether you are charging or discharging. If you are charging the average oxidation state of the electrolyte passed increases by 0.05, if discharging it reduces by 0.05 per pass. This is how you can switch from charge to discharge in under 1 millisecond - you never need to reverse the actual direction of electrolyte flow - the pump system is so much simpler also.

https://www.youtube.com/watch?v=QMfxJEfb4lw

Looks like EV's are going to be unstoppable soon - a pickup that does 0-60 in 3 seconds !

analysis ?

welcome bearishly bullish - can you let me know when you bought your 80K of shares - purely to help with the trade analysis you understand

Dav3J - I believe that in a quiet time like now the assumption is that lower prices also lead to more Buys, as well as the occasional freaked out seller.

Sometimes they are happy to drive the price up to try and attract some momentum investors but it seems that the rest of the time when they have run out of ideas and have a seller's shares burning a hole in their figurative pockets they simply knock the price down (assuming of course the seller has said they'll take less because they obviously want out).

The assumption that Lower price=> buys we know does not always hold true - if there are no news eyes looking at the stock then it doesn't matter if the price is up down, left or right. It does matter to holders who are regular as clockwork checking the SP. It seems a fairly reliable assumption for us at the moment though as we have a mature audience who know the true value of the company, but some of which are sitting on the sidelines, waiting for the cheapest buy back prices.

Ditto increasing the price - the assumption that this leads to more sellers is not necessarily true if the price was up 3% for the last couple of days then chances are trading types are hanging on for even higher highs (it depends where you are in relation to the moving averages no doubt if you ask an exponent of TA for 9-year-olds). Ditto it can act to draw more buyers in who sense that "this could be the end of the overhang this time, cross fingers".

Thus the SP does not simply behave as a spring system with buying/selling pressure acting as a proportional restorative force upon the share price - this would yield simple harmonic oscillation, perhaps damped a little by the reaction of those who have seen multiple cycles before. Some of the mechanisms above give positive feedback which can make the system unstable and drive the price to new semi-equilibrium positions.

For example when a rerate happens the sudden increase in Buying pressure actually means the MM's essentially give up trying to hold the price back and it drives off, in this case upwards, with the MM's simply churning back out to the market the small number of shares they just managed to buy in. The movement up draws in new money which accentuates the process and it gains an upwards momentum. This process may only stop when a sufficiently large seller steps forward to say that they wish to cash out - at this point the MMs have a tool with which to control the price. They sell short, charging top whack, and the move the price back down to the chagrin of the seller. That is why you rarely see soft upward landings.

Rob - a total of 50,000 shares is negligible

Dav3J - not if the MM's have some kind of agreement with their tame seller and they are confident that they can simply drop 15M or X M in when the time is right for them.

just now - evidently nobody is selling so I did wonder earlier whether we would be getting some unusual games now.