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12.75p didnt work yesterday,and working out if this one will go even lower than that figure today.Some biggish sells this morning on 2.25m trading volume and my guess without taking out the calculator is that sells outstrip buys by 60/40 approx.These were 32p on Wednesday and 13.25p today.Like everyone I like to buy bargain basement and watch the bird fly,but the basement in this case is proving difficult to anticipate.Fear is also that the mms can drop the price to sub 12p and catch anyone with stop losses and maybe there lies the buying opportunity?
so going to have to see what tomorrow brings.My guess to todays holding announcement is that they have simply topped up on what they had pre suspension.10mil is a hell of a lot of shares and dont think they get them yesterday
Wonder what the mms are going to do with this in the afternoon?
Well I have a buy order in for 80000 if the price hits 12.75,and if I succeed I will certaintly have an opt out price set for the very near future!
Not a lot of trades after the initial volume.That says to me that we should perhaps try for 12.5p,as the market makers will probably push the price downward to get the stop losses.
Like you and half the population of the world(by the amount of NRK posts) I watched.But remember they did shoot up the board,and the greedies let the price go.This share has a value and in my,and I guess your estimation we see an undervalued share price currently.However we do not want to get in at the wrong price and have to face an uphill struggle to get back to where we started(Like NRK) However maybe today is the right time and only time will tell.Lots of luck mate
I posted yesterday that five trades(three of 200k and two 250k share blocks) were bought in the early afternoon at rates of 21/22p.That equated to a large chunk of the actual volumes traded yesterday.Additionally 515k block was purchased at 19p when the sp was 15.What I read from that is that there are professionals out there who saw that price as value and at current 14/14.25p level these have got to be watched.My only fear is that the market makers have a huge volume to get rid of but that can only last for so long and there must be an upturn in sight.My view is that today will see the sp stabilise after perhaps visiting the 13p level and tomorrow/Monday will see this top of the gainers.Only my view and obviously volitile stock but has got to be an earner at these levels for a quick in and out by early next week
Think I would have preferred the stop loss to kick in at 17p if I were you seeing as they closed at 15p.Guess that will be the opening price in the morning unless the sp has been overplayed on day one of resumption
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Still not out of the woods from mid 15s.Placed an order at 16.25p for rest of day.If the price can drop once to that level there is every chance it will do it again.
Only third largest loser today,but still time for my prediction to come true.Why do people throw their hard earned cash at a share like this when it is inevitable they are going to take a thrashing the next day? Some of yesterdays buyers now need for a 100% increase to get their money back
hang around and watch the drop.My feeling is under 20p can be achieved but in and out when decent profit has been achieved
Think there may be value to be gotten on this one later in the day or tomorrow.Think big sells later will give an opportunistic drop which can be turned into a quick profit in the 25% region in the coming week
Absolutly agree with your thin air statement.However having to take their merchandise to Japan and invest 5m in shops that may or may not work out might be just a gamble too far.Volumes traded of under 1.5m today equate to only £50k max.Got a funny feeling we might see this one topping the list of losers in the morning
Signed orders with 10 Japenese retailers worth 850k per annum under 3 year contract. Hardly great news to warrant an increase in excess of 150%
And come Friday,the question will be why the sudden drop! Share prone to the odd sudden spiral followed by an inevitable decrease
Maybe they have confirmed they are NOT bidding for NRK!! Did hit interday peaks in excess of 30p last year and dropped like a stone in the week following to 15p and dropped ever since to below 5p.Maybe just a correction,but a nice one to be on if you bought at rock bottom
You better? Think you mean we better? You hold 500k of these if I am not mistaken.Either way dont think fireworks.....Damp squib perhaps
That report has dust on it by now.Dont let people think you are ramping the share.Leave well enough alone until we hear from NLX on 5th November
Total traded today amounted to 169 quid.The sells were 485k shares versus 102k buy.