Member Info for dryland

@timster doesn't last night's news count as a 'proper' RNS?

Roll on 1pm I say....the yanks are going to be all over these golden tickets ;-)

@AH that was a good call

numpty alert i thought i was on the AVCT BB....however i am a new holder here, bought in the placing and a couple of times since...however my statement still stands it does look lie a number of rollovers

just had a quick look at the list of trades you posted...there seems to be a few rollovers there

he was interviewed on Panorama last year i think it was in connection with the Woodford problems, would need to check.

According to this https://www.barchart.com/stocks/quotes/AVCT.LN/cheat-sheet

Resistance a@ 150 then 161. RSI doesn't hit 70% until 225 and 80% @ 332....that's nice

Any techies got a view on this?

@Timster we do love the Americans on here don't we, almost makes me feel like knocking out a chorus of 'She Wore a Yellow Ribbon'followed by a rousing rendition of the classic country toon 'I'm so miserable now you've gone it's like having you here'

no worries i meant to add do not rely on the buy/sell data when the spread is tight...easier to ascertain when the spread opens up. That sounds like a line from a jizz movie....ooerrr missus....

A trade is given a "Buy" or "Sell" status depending upon which side of the mid point price of the Bid/Ask spread the trade lands on.

good to see the changing of the wording in todays RNS...shouldnt be too much longer for results

@max i guess that was aimed at me....777 posts bet you have done it but can't be bothered to check your history

hardly a disaster today probably a mixture of sell on news and people getting spooked early doors when it didnt rise as some expected. I added few at the death should be news rich over the next few weeks....come on Cytiva do your stuff.

exactly....
£5 this week anyone
dryland

I've already got the bus pass :-(

speedboat? wtf is a speedboat? I can't possibly drive one of those its a Lambo or nothing for me...browsing auto trader just in case :-)

bit of a rampfest going on tonight ....i am not golfing tomorrow so without an RNS guess what. Calm down peeps...mind you I haven't seen the 'lambo' posts yet but its early. So i will set ot off...fill your boots boys and girls...MM's want your shares...hang on to your golden tickets...tree shake.... more buys than sells etc etc...roll on monday eh...cant wait....

@gkb i think that was one of the points i was making there are lots of leaky ships around and loose lips sink ships

I certainly don’t view them as ‘the enemy’ I am more inclined to view BB certain posters in that vein particularly rampers and derampers that can suck in even the experienced whilst working their own, or a group, agenda. Us PI’s definitely are the fodder in the system, we can never be sure what is a buy and what is a sell most of the time and once Dark Pools come into play we are completely at a loss and these may account for more of the big trades than we will ever know.
https://www.investopedia.com/articles/markets/050614/introduction-dark-pools.asp

As PI’s We just need to be a bit sharper and learn how to play the game better, there is never a bad time to take profit just like there is never a good time to stop smoking (only smokers will understand that).

Now I am not naive enough to think that there aren’t lots of shenanigans going on of course there are there is lots of dosh swilling about but they are highly regulated just have a look at the Beaufort and Daily Mirror journalists scandals sometimes the regulators do have teeth.

https://citywire.co.uk/wealth-manager/news/beaufort-securities-charged-with-fraud-by-us-prosecutors/a1097638
https://www.theguardian.com/media/2005/dec/08/pressandpublishing.mirror1

These boards are full of ‘manipulation’ posts because if we can’t work out what is going on we resort to the lowest common denominator but you generally only see them when an SP is falling for no apparent reason hardly ever when it is rising.

BB myths such as MM codes are complete nonsense and they don’t see when an RNS is logged or have access to the contents before it is released. I spoke to the head of the RNS dept at LSE and he confirmed this. I posted details of this conversation on another BB a couple of years ago but of course some some posters did not believe it. An example of this is the effect an intraday RNS can have where the SP is drifting or trading in a range then either shoots up, or dives quicker than Tom Daley, after the news, but not before. If the SP rockets after the RNS this is usually followed by ‘they have been caught with their pants down’ posts but surely that can’t have happened because they seen the RNS an hour ago?. Extreme movements prior to news I put down to insider knowledge and a leaky ship which is what I think happened here last week.

This is all of course just my opinion and my take on what I have experienced over the last decade or so, no doubt there are lots who will take a different view.

One thing is for sure we never stop learning in this game.
Oh one last thing is it just me or does it give anyone else the pip when posters sign off with their user name?
ATB
Dryland
Ps £10 next week anyone? ??

Some great detailed posts here over the weekend thanks to all involved for that. Certainly improved my knowledge although I must admit I didn’t quite grasp some of it probably because I can be a bit of a dullard on occasion.

This is my take on MM’s.
I think the idea that they are sitting with there feet up on the desk quaffing bubbly, smoking Cubans, watching shares like a hawk with their sole purpose to relieve PI’s of there hard earned is misguided it wouldn’t surprise me if they haven’t got a clue what a lot of the companies they trade in does never mind ‘they know what’s coming’. The truth is PI’s are very good at losing cash without any assistance from MM’s. Market making is driven by algo’s which of course are designed to ensure they make a profit they are a business after all. So in essence they have to respond to any movements in the market and provide liquidity.

They are ‘not much different than a grocer except they buy and sell stocks instead of vegetables. Without grocers, consumers of vegetables would have to buy directly from farmers. What if the farmer isn’t selling when consumers are buying or vice versa? If there are lots of consumers and farmers in an area then the timing problem is mitigated. Otherwise a grocer can solve the timing problem by providing immediacy for both the farmer and consumer. Similar to a grocer a stock market maker buys stock from sellers by bidding for them and sells to buyer by offering to sell to them. As with vegetables, if there are lots of buyers and sellers of stocks then a market maker is not necessary.’
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/289034/12-1069-eia8-minimum-obligations-of-market-makers.pdf

@Tim....Bill Gates no less goodness me i hope we treated him well...whoever next i wonder.

See you at 1pm Monday for the big one.