Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Shorters have to BUY to cover their short. Those big mid-trade/supposed sells amounting to 1.2 million shares were probably buys given that the price is still on the rise. It could well be shorters closing their short. Or an existing institution increasing their holding/a new institution buying in/ or a very rich individual buying in. My guess is it's a shorter closing or an institution buying given the quantity/value.
Stt1 - "Worth a punt" So have you punted?
stt1 - "Anyway, worth a trade" So have you, or do you intend, to make such a trade now? Just interested...
... by 5% in 5 minutes. So what's the reasons for that then? We're on track to go below 16p old money at this rate.
All those apparent 'buys,' yet the sp is currently down over 3% and we've gone below 17p in old money. If this is all a result of stt1 talking down the share, then it has to be said he's doing a pretty amazing job. Nothing to do with the company itself of course.
The free-share gravy train seems to be well and truly back on track.
Biffa - could you please post a link to the source of the Goldman Sach's 9% R1 holding you mentioned yesterday? Thanks in anticipation.
Meanwhile, in the real world, the sp has just hit a 175 low...
... that the results when they come have some good news in them. 176 at the close. Ouch! Decidedly not good. Don't be fooled by the apparent low volume. Let's not forget that the 190,000 or so shares today is the equivalent of 1.9 million in old money. The volumes have been like that for the past few days. So someone is getting rid - ex-Yume holders or perhaps the rest of Griffiths' holding? At this time last year, when Griffiths bailed it was suggested that it was for tax reasons.Could that be a reason for the fall this time? Griffiths must have taken a pasting since he first bought in. Just a thought or two...
Are former-YuMe shareholders allowed to sell their shares or is there a fixed time for some or all of them before they can sell them? If smaller YuMe shareholders are seeing the price falling steadily, maybe they're the ones selling at the moment? The price seems to fall heavily on relatively small volumes, but it doesn't ever seem to rise by anything like the same amount. Well, we're sub-200 at the moment, so I guess it's time to hold on to your hats if it goes lower. We've been here before, so I'm not as scared about it as last time. I'm just not sure how low it's going to go before results. I can't see anything likely to boost the price until then. oldtimer predicts it might go as low as 150p. He was right last time. But I hope he isn't this time.
... is this going to go down? 200 or less now looks very likely, meaning oldtimer's prediction months ago was pretty spot on. At the time of consolidation I posted that I thought the share price would fall heavily, but never thought it would go down quite as far as this. So my questions are: how much further do people expect it to drop before the next results? Are we going to go down as low as last time when it went to about 16p (in old money)? Or are we about to bounce back of 200?
PS: I've just logged onto iii and noticed that someone else has made almost the precise same comment on there.
All this talk about filtering out extremist videos makes me wonder what ever happened to Blinkx's CORE video search technology. I thought that this was precisely the kind of technology needed to identify and highlight video content. We've not heard anything about CORE for several years now, despite it once being the centre of Blinkx' technology offering. It's a shame, because now might have been its moment. Presumably it never quite worked in the way it was initially expected? PS: I realise R1 is a completely different company now, but surely the CORE search technology is more relevant now than ever?
On a similar note: http://www.independent.co.uk/news/business/news/unilever-ads-facebook-twitter-youtube-adverts-consumer-goods-marmite-dove-persil-pg-tips-a8206376.html
The repeat patterns of A and O trades for both buy and sells suggests to me that the same people who are ostensibly selling are also the one's doing the buying. This perhaps indicates how the market is 'manipulated' by the high frequency computerised trading which seems to allow big institutions to sell heavily without the price collapsing, and allows the same institutions to buy heavily without the price rising to reflect the level of buying. We've seen this happen many times over the past 4 years since the big short of 2013-2014. Algo or high frequency trading is what allows this and is akin to market manipulation of sorts I don't think this just applies to AIM shares, but is probably more easily done on AIM than on the other FTSE markets. All IMHO of course, and to be taken with a big pinch of salt.
Increased volume today. 750,000 thousand shares traded today = 7.5 million shares traded in old money (pre-consolidated shares, that is).
I can attest that having read this thread for well over 4 years almost every day that stt1 never used to post on this site until about 6 to 8 months ago when he first started posting. Others say he posted on other sites elsewhere, but he certainly never used post on here back then, Bmac's comment might be true if he's read it elsewhere but certainly wasn't posted on this site during the period he refers to. I'm not commenting on the truth or otherwise of the comments, just that stt1 didn't post on this thread back then.
Currently up by over 8% today. This has been going up and down like a yo yo of late.
Another big drop today, down 5.5% again. Yume is currently down 5% on the day. What the fs going on? I thought the RNS was supposed to be the harbinger of good times? Answers on a postcard please.
Even stt1 seems to have got bored with this one. Nothing from him for nearly a week now.