Thanks Mikey and Dave - always good to have another view - every day is a school day!
Does look that way - but the ratio of buys/sells is a lot closer today. Totally different pattern to what we've seen the past few days with a huge number of reported buys vs sells.
The number of midpoint trades is still pretty high though, so could still be some smoke and mirrors...
Just my views, DYOR.
Perhaps they're doing this to have the minimal impact on the overall SP. Think about it - 2 Mondays in a row vaccine announcements which would have dumped the SP anyway (potentially not for long but who knows) Rather than wait for a big rise (lets say 10p) and then dump the lot onto the open market which would no doubt dump the SP again back to lower levels with potentially less appetite for someone to come along and hoover them up. Perhaps this was the kindest way to the SP/sentiment?
Granted you reduce your profit by a large amount BUT you get rid of all your shares in quick order and, when the big news comes in (orders, production updates etc etc) the SP can rise without the risk of massive dumps all over the place.
This might have been the kindest way to the SP - short and sharp, dump while it's relatively low and move on. BH have already said they wanted cash for some other projects...
Positive spin? Just my views, DYOR...
Big buyer and also a big seller working something in the background in my uneducated opinion. Remember last time we had 2 holding RNSs at the same time for Dr Cave getting in and Braveheart selling up. Not saying it's the same two involved now - but this _feels_ bigger than PIs selling up. The price is too carefully controlled for something unmanaged....
Just my view, DYOR
Smoke and mirrors at play? 94 mill listed as either sell or buy (70 buy, 24 sell) and a total number of 166 mill shares traded. So thats ~ 74 mill which exchanged at the midpoint so could have been either... Buys certainly outweighing the sells, but what about the other 74 million?!
This isn't a ramp or de-ramp, it's just an observation that it feels like (to me) there's more to this than just a dump...
As always, just my view. DYOR
This is a good way to look at things - especially with the old adage you should only invest what you can afford to loose...
I sold approx 1/2 in 2 tranches. One at about 10% profit and the other at maybe +5%. Do I regret it - yes and no. It opened a few more doors elsewhere and allowed me to reduce my holding to a level I'm more comfortable with. But did mean reduced profits from AML...
What's left is currently ~ 23% up - so I've lost out on a decent chunk. Annoying - yes, but so were the sales in EJZ and MRO which are now massively up compared to where I got out. Swings and roundabouts and lessons learnt for sure. Best result is on the first stock I purchased back in March which is currently sat at +200% today and was topped up in the dips... Should be the best lesson of all really... lol....
As with Frank though, the main reason for dabbling in shares was to try and beat the paltry <1% interest everywhere else. Some have worked out better than others up to now (but overall profit which is the main thing) I'll be keeping a foot in here for sure and may well top up if things drop again - but won't do anything to increase my average any further here.
Plenty of buys coming through here today - SP looks like (as always!) it's being held back or at least controlled carefully today. Fundamentals haven't changed here (if anything they're better now than they were before all be it with a big dilution) . Hopefully there's a notherly swing with some positive news in the next few weeks...
Just my opinion, DYOR as always
Nothing to do with big guns getting keeping PIs out. Everything to do with large numbers of people either cashing in their profits as things dive (e.g Covid Stocks) or trying to get in as others start to rocket.
Plenty of PIs taking their profits and running - and plenty more getting in when things dived and plenty more panic selling as things dropped. Few dealers have already said that they experienced unprecedented trading post the vaccine news.
I imagine a lot of people sold into the drop both here and other places (NCYT) in panic - and plenty more were trying to capitalise on that so a massive amount of churn.
Unprecedented events...
This is just my view, DYOR!
Ditto - just hit green again. Averaged down over the last few days (brought in pretty high tbh) and it's been a bit squeaky bum for a few days but onwards and upwards from here now hopefully...
7x the holding I had 3-4 days ago so hopefully it all pays off...
DYOR as always.
Average down if you can. Can backfire obviously but if fundamentals haven't changed (or position is better) then it maybe a calculated risk worth taking. Profit sooner, more profit or an earlier exit point if you want out....
As always DYOR
The news hasn't really changed much fundamentally - we knew all this already it's just formal now. Suspect things will pull back a little as the news is digested and people take their profits but will settle at a new high.
Just my thoughts, dyor
@dfg - I hear you!
Certainly makes me a little more cautious as the SP heads north this time... Just need to make sure the news keeps following and not be afraid to take a little profit while also holding for some long term big gains!
Just my opinion, DYOR