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Afternoon
I'm not worried about the SP. But the dancing brings back unhappy memories :-)
Maybe I should add that I'm a truly terrible dancer. Shortly before getting married my future wife and I took dancing lessons in preparation for the wedding. Unfortunately we argued so much we had to stop the lessons or else there wouldn't be a wedding. (That was a long time ago and we're still married - I've avoided dancing ever since)
Seems to be 1 step forwards and 2 steps back ... cha,cha,cha. :-(
Unfortunately my holding was also in the 40s. Bought some more last March at around 16.something, taking may average down to 28. Hope to get back to breakeven in the next few weeks.
Wow, 4 blue trades in a row. Last time this happened was early Sept.
Greenknight: many thanks! Yes, looks interesting.
I've held CTP for some time already and believe my patience will eventually be rewarded. I know very little about TAX and there's not much info in the RNSs. So I've been watching the TAX SP but haven't bought in (yet). Will probably wait until the TAX results and then decide. Unfortunately not everything that MXCP touches turns to gold (365?!), hence my caution.
Rocka, hmmmm.... seems like we're following the same shares! Yes the report should be very interesting. They've now had some time to rebuild the company so it should look very different from before. Hopefully we'll see some positive news in a few weeks, in which case we should leave 6p way behind. My fear is that we'll only get news that the planned transformation has been more difficult than expected and more time is needed before the benefits are seen. Obviously I hope I'm wrong about this. Fingers crossed.
Some nice buys today, more buys than sells, and yet the SP is down. Once again, AIM defies logic. Still believe that mxcp (and ctp) deserve to finish 2017 much higher than now. Lots of patience needed. HNY + GLA.
I can think of 2 possible reasons for selling - 1. Company profits are lower than previously expected. 2. The expected surge hasn't materialised, so sell and move on elsewhere. No I don't think it's time to sell, I'm holding. Just trying to find an explanation. If anyone has better ideas then please post here.
I've been planning a top up for a number of days and finally decided to do so first thing this morning. Unfortunately I got distracted this morning - I've got a deadline to meet and had to do some work instead. Bought in as soon as I saw the RNS - still kicking myself for buying too late. My hope is that in years to come and we've finally left the 1s and 2s long behind, the difference won't matter anymore.
Was that the same person, buy at 1.7668 and sell about an hour later at 1.68 ? Wasn't me. I topped up about the same time (that's how I noticed it) and don't plan on selling anytime soon.
Wow! Late trade just shown for 2.885 million. Was that really a sell or was it a buy?
phoenixchi: Fully agree with you. The same thing happened to PAYS about 2 years ago when it was on AIM. Since regulation of AIM is virtually non-existent I didn't expect any help from the authorities back then, but certainly did expect better from the main market. Oh well, another illusion shattered. So given that UK regulation is apparently useless at stopping this kind of manipulation, how do other countries handle this? I only have very limited and indirect experience of ASX, but they seem very strict and very keen to suspend trading if something suspicious happens. Anyone know if ASX is better at stopping this kind of manipulation? What about NASDAQ / NYSE?
The 52k was an uncrossing trade so it doesn't count. The massive buy (ahem) just before that was mine. Small top up just a few seconds before the close. So assuming today was the 1 step back, looking forward to the 2 steps forward in the next few days.
Wow, someone really wanted out quickly. 75k in one go.
The financials for COR, CTP etc. all look good but the SPs have either fallen or gone nowhere this year. TAX is down too. It seems that any company that MXCP touches does well financially but this isn't reflected in the corresponding SPs. MXCP also had great results but the SP is down. This doesn't make sense to me. Maybe I should stop investing in financially solid companies and throw my money at those with little more than a countdown timer on their web site :-)
Presumably this is mostly fallout from RCN. Yes MXCP looks cheap to me too but most of the MXCP portfolio has also done badly this year. Look at the share price for 365 (a disaster) or CTP (gone backwards). As for COR, does it still exist? Seems dead to me. I'm just hoping 2017 will be better and we see 3p instead of 1.
And the SP races upwards by a massive 1%. AIM can be so frustrating.