Member Info for ExMS

Price action in PHE

Until there is a TR1 nobody knows what is happening. You can make educated guesses but they are still guesses.

One thing that you do know is that mms get long in a falling market. FACT. How long? That we don’t know. They will have limits to how long they want or are indeed allowed to get in a certain stock. If there are no natural buyers in the mkt then their only out is to hit another mm and the downward spiral continues.

The stock is atuck stock around 0.5 p as £1.25mhas just changed hands there and that is the best valuation of the stock at the moment. Awaiting the next catalyst but the risk is still to the downside

Algorithmic/Electronic trading

Trading engines were developed to free up a trader’s time.

Buy/sell orders given out by institutions daily are often benchmarked to VWAP and machines are much more efficient at working multiple orders across multiple stocks/sectors/markets than a human ever can be. Traders can then focus on the large orders or the sectors or stories of the day. VWAP machines have been around for around 20 years but only work in stocks where there is a reasonable daily volume

Algorithmic trading

Used initially to ‘churn’ or create volume in a stock without making/ losing money. The aim is solely to create mkt share which is used by investment bankers when pitching for deals. Also institutions like to place orders with those with a decent market share as they are perceived to be experts in the stock.

Algos are now so sophisticated that they identify technical levels and are used as profit generators in themselves as they can monitor in theory thousands of stocks simultaneously and operate quicker than a human can. Only really used in volume or mature markets

There are so many variations and different situations over re trade reporting.

Seems obvious but the purpose of trade reporting is to give an accurate reflection of what is going g on in the mkt.

Buys/sells

You definitely can argue that for every seller there has to be a buyer. But it depends on what type of buyer.

Eg:

1. I have 10mill shs to sell and I want out immediately. There are no buy orders on the mms books so the mm will make a risk price based on volume and beta. This will determine the discount to the current SP. The mm will be acting as principal. The mm will typically want to exit this position over the next few days. Depending on size and to help the mm sometimes but not always these prints can be delayed til after mkt close. (Reporting a trade at below mkt price during mkt hours alerts everybody there is a seller)

around) Reported as a sell.

2. I have 10mm to sell and the mm has a similar size buy order. Discussions take place but typically this is crossed within the price spread usually at the mud price with no effect on the SP. This would not show up as a buy or a sell but as a cross or matched trade.

3. A mm or broker is working a sell order of 10mill shs at VWAP max 25% volume. If the broker hits a bid it is shown as a sell. Now that bid might be A PI with a limit order to buy in the mkt for 10k shs but it will show as a sell. Let’s say also that the volume on the day is only 5mill shs and the client only sells 1.25mill on the day. He may not want to book that trade out until the order is complete so the mm adopts the overnight position of short 1.25mill shs. This might go on for a few days until the 10mill sell is finally booked out to the client. So there is a seller in the market but at the end of the day day you will see more buyers than sellers reported because the seller has not finished/booked the trade yet

Anyway I could go on but there are so many examples. Hope this helps

Or you could always ask me Castle about trading/algos/ trade reporting rather than just copy/paste

You don’t need a good memory if you tell the truth……

Castlepaul13

Posted in: PHE

Posts: 11,853

Price: 1.10

No Opinion

RE: RE: PHE going up13 Nov 2024 07:13

I put many k into my sipp from a old pension fund at 1.8p

But my average is lower due to buying alot at .3p

And a massive congratulations goes to ENET. I was wrong all along!!!!

Oh it’s ENSI not ENET. My bad…….

If they doubled the shs in issue and did the placement at a 60% discount they’d raise around £200k which is enough to keep the

lights on for 3 more weeks! It will never happen. Plus they still owe £400k

It’s trading insolvent. It’s over.

Come on Blackhorse, answer the question

Skid

You’ve always been the voice of knowledge/reason on here. It wasn’t t difficult to see. And yet most didn’t see. It’s bonkers. After what I’ve seen of the AIM casino one has to ask why invest in an AIM stock ever?

Just exposing some of the morons on AIM. Tick.

Blackhorse

In terms you might just understand

The cost of running this company for ONE month is roughly equal to the current mkt cap of the entire company!!!!!!

Hmmm.

Still cheap though right???

Still why in earth would the cash runway matter?

🤣🤣🤣

So, as I thought, no idea then huh? 🤔

Blackhorse

Have you any idea how much it costs to run this business per month?

Blackhorse

“Been here for a long time, know every trick on the aim casino so I'm cool just carnt stand people who deramp to get in cheaper and pump when they have bought its just not my style”

So says Mr Pump!

You should have bought Lloyds Bk 🤣🤣🤣🤣🤣

TTFN Dusty, see you when this halves again 🙂

Castle

Me spread fear? I told you for months that NNN would fail. You didn’t listen thankfully but maybe some others did. Similarly I said ENET would fail. 2 from 2. Fear-mongering or truth-saying? It’s a fine line eh.

It’s you’re NOT your actually Dusty Bin. I’m a stickler for correct spelling and grammar. Anyway you do you or, better still, you do as Castle does!! If you have money to burn that is 🤣🤣🤣🤣🤣