Member Info for investor33

@badprophet

So you know nothing about the mm manipulation which always happens when there is a news release then...

@Badprophet

Last time I looked the share price is exactly the same as it was at the end of play yesterday...Where's the 'dip ' you talk of ?

@iamrich

I do wonder sometimes if some of the derampers on here are working for a mm. Of course mms also trade their own accounts, as well as trying to accumulate the shares on their books to ' make a market ' at as low a price as possible.

This has been a brilliant share to trade for several years now. And psychologically an extremely difficult one to hold for LTHs.

@PHILBORO

"the MM's as their title suggests just create and move a market "

Wrong. For a start they also trade their own accounts, and they are in the business of profiting from quick moves the same as any private short term trader.

Secondly - with their second activity of ' making a market ' they are taking a risk, the same as any retailer buying from a wholesaler is taking a risk if he stocks up with goods at too high a price so that he can only break even or even has to sell at a loss. Therefore the mms minimise their risk through accumulating at as low a price as possible. Sudden spikes down help this situation through them hitting stops and shaking out panicked LTHs or short term traders. At the end of the day they control the bid and the asking price, and can play around with it - and especially with relatively thinly traded shares such as MATD.

If there is no manipulation then maybe you can explain why today the no of buys and sells is pretty well even yet the share price is down 8% ? Or why last week there were days when the buys outnumbered the sells, yet the share price was down 2 or 3 % ? The best opportunity for manipulation is always when ' news ' comes out....

@Wolverine007

Well said. Unfortunately a lot of people are stressing themselves because they have no idea how the mms operate, and the tricks that they play. They think the price action is based on solely on fundamentals and news.

Down 8% when the number of buys and sells are pretty much the same = heavy mm manipulation.

Don't get fixated solely on ' news. '

If the price magically recovers by the end of the day then this will be a classic mm spike down in order to catch stops and to allow them to complete their accumulation process at as low a price as possible. It's always the excuse of ' news ' which is used as cover for this process.

@N1shares

The mms wont let it fly until t.hey have finished their accumulation stage.

They trade their own accounts, and in terms of their other role of 'making a market ' they are the same as any wholesalers - they reduce their risk through buying in as low as possible. It's the same principle as someone running a corner shop in that respect.

Another thing about MMs is that they have never met you and never will. They don't care if you lose money due to their manipulation of the price action. So if they drive the price down suddenly and drastically, they don't care that you've been stopped out before just before a large move up happens. That's why you need to be careful where you place stops - if the MMs see clusters of them at a certain price level they will gun for them as another way of hoovering up stock at bargain price levels. That's why you so often see large down spikes on a bar chart just prior to a big move up. Meanwhile John Jones who knows nothing about how the MMs work sits shocked and angry in his home office about why he always seems to get his timing wrong and loses money in the stock market. He made the right call to buy, yet he still lost out....

@reserachandhold

Thanks. I just wanted to counter the prevalent view on here that price action is completely determined by fundamentals and news. There tends to be a bit of a fixation about this on this board. The fundamentals of MATD after the last RNS didn't suddenly change so that the company was suddenly worth in a few weeks almost half what it was worth prior to the RNS.

In their defence, the MMs do take on a degree of risk through making a market. As well as trading their own accounts they are wholesalers of shares, and like any wholesaler they want to accumulate at as low a price as possible. So sudden price crashes in a thinly traded share such as MATD is entirely in their best interest. I think though that if people knew how much the MMs have made through short term trading MATD over the last few years then this board would be talking about nothing else for many days....

@cashrules

" The share price go’s up and down based on the markets belief in the companies prospects. "

So you think that after the last RNS, which was fairly innocuous, you believe that the market then determined in 3 weeks or so that the company was worth nearly half what it had been worth at the top of the spike just prior to the RNS ? Come on. ..And maybe explain why in recent days there have been more buys than sells, and yet the price was down 2 or 3%.

If you've ever studied bar charts, then you can actually see MM manipulation on a chart. Typically before a big and rapid move up there will be a sudden dropping of the price, only for it to quickly recover. This shows as a spike down on a bar chart. The MMs can see where the stops are and deliberately aim to hit them - this sudden spike down achieves this. It also shakes out any weakholders so as remove any selling pressure when the move up begins. Conversely, at the top you will often see a ' telegraph pole ' spike in which the price has been marked up very rapidly, and then drops just as quickly. - this allows the MMs to offload quickly what they accumulated as FOMO takes over as the price suddenly rockets.

Also, with thinly traded AIM shares there is far more scope for MM manipulation of the price. They are not some kind of impartial referees making a market - they are busy trading their own accounts as well as making profit on the spread.

@WOS

I definitely have some truth - did you not notice days last week when the share price was down 2 or 3% yet there were more buys than sells ? That's because an accumulation phase is starting to happen. Study the principles of Volume Spread Analysis. Without the LP you will get another spike on Velo spud news, and then another rapid fall very likely. The sudden extreme falls are caused by MM manipulation to benefit themselves. They use the RNS releases for their own purposes, as right now the price action is not all about the fundamentals.

&Doc83

That's because quite a lot of people on here don't understand the price manipulation that goes on...They think the price movement is entirely driven by ' news. '

There looks to be an accumulation phase going on right now - consistently more buys than sells each day. MMs trade their own accounts as well as matching buyers and sellers...

Since I started buying MATD in 2019 I have counted approx 8 spikes since that time - mainly driven by an RNS each time. That's why it's been a dream share for traders, which includes the MMs. Each time that the price has been driven up rapidly it has come crashing down even quicker - and each time most people blame it on ' bad news ' from the RNS, or an RNS which wasn't positive enough. Please wake up and see that these kind of speculative shares are highly manipulated. Once the MMs have scared the life out of LTHs with a stomach churning ' crash ' in the price, then they and other short terms traders set about hoovering up all the panic sells at rock bottom prices. We've just seen that happen again in the last few weeks - from over 7p, right down to just under 4p in 3 weeks or so.

Just recently you could have accumulated MATD after the raise for about 2p, and then got out at just over 7p. That's serious money if you get your timing right. And without the stress of being a LTH. The only thing that will change this pattern in the price action is MATD becoming a revenue generating business rather than a speculative explorer.

@Master82

I tend to agree - I think it will bounce. The real question though is whether it will spike and then drop like a stone yet again for the umpteenth time. And that depends on the LP. So do you assume that the next one will be another spike and sell up at lest part of your holding, or gamble that the LP will soon be granted if it hasn't been already ? That's the dilemma. On the last spike I made the wrong decision - as did several others on here by the sounds of it.

@researchandhold

Thanks.

Yes, it has been extremely frustrating on account of those two factors you mentioned. I still can't get my head around why MATD when they obtained the EL weren't more aware of the implications of the LP situation. Or why they haven't been more aware all along of the complexities of the Mongolian bureaucracy. Surely they have some Mongolian experts in these kind of administrative matters on their payroll ?

@Manxkippers

Thanks. Yes, I think by the end of the month we will know better where we stand. In the meantime, I hope too that the waters will calm a little - it's been a very volatile few weeks. Very stressful.

@Bluechipz

For me the dayts when there are significantly more buys than sells, and yet the share price is 2 or 3% down screams of manipulation by the MMs. How else do you make sense of it ? Hopefully they are now in an accumulation stage- I don't see how they could be privy to any news that we don't know already.

I totally sympathise - as you are in the same position as me. A LTH sweating over the LP, whilst these dizzying price movements keep going on. Not nice. Great for traders with good timing though - I regret I wasn't one for the last 3 years or so. That way I could have based the number of shares I currently hold on the profits I have previously made and thereby reduce my risk to zero. I could probably have made about £40k by now if I was trading MATD and timed things well...

@researchandhold.

I agree. It's been very frustrating all the way along. I first started buying these shares in 2019.

BP - ok thanks. Means I will have to proof read a bit more diligently then !