The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I have used degiro and they seemed ok . very cheap. not sure of performance long term
Roll on .24 to break even.
LSE has been all over. This morning before open it changed to a bid of 0.05 and a ask of 0.06. If it wasnt for the fact that it was also showing yesterdays close as 0.05 I would have been very worried lol.
PS I agree on the buy and hold here. I wont sell at all in case i cant get back in later on news.
Thanks scruffee I will check that out.
Gilogilo I imagine they do pig around a bit of that I kind of accept. Do you think though that they actually hold a share down over multiple days as is often said on here?
Thanks all recent replies. And yes I know you dont learn by just talking here and I am definitely not doing so but if the market is as corrupt as people say then I want to know how, why, and most importantly how to spot it. No reputable website is going to tell me this and by trading I stand to lose money so best to ask those who claim to know.
There is some interesting reading here for me to look further in to. If anyone can help with how to ascertain if a share is being manipulated please do or if anyone has any links they care to share regarding such dodgy actions please post them. My googling has not turned up much so far.
Thanks all. Much better posts than posting put downs and insults. It's the first forums I have ever come across where there is no actual debate about anything so it's good to see who does actually have some credibility and insight.
Thanks gilogilo for your reply. I take issue with you saying I am arrogant if you read my post I make it very clear it's what I understand and am looking for confirmation or correction. In fact it was the whole reason for the post, I wanted to find out how people know.
That cleared up I totally understand AiM has a lot of dodgy busineses and supporting dodgy businesses but that's another issue on it's own.
With regard to the MM's I have read that there will be a at least a few involved in this share for example. I have also read that the bid is set by what people are placing orders to buy at and that ask is what people have orders they want to sell at and the price is therefore moved based on that. Are you saying that that does not happen and that the multiple MMs collude to show a different price? I dont know I only know what I read on multiple sites that say how it should work i am ready to accept the reality is different but would like to hear how people know this is happening here. I also thought the MMs only really bought and sold themselves in times where the liquidity of the share dries up at which point i am certain there will be some abuse, but on a well traded stock like this does this happen? Thanks for the first reply that has addressed my questions and in advance if you do again.
You're right besharp was just hoping to get some useful insight. 3p would indeed be great and you never know. We have decided to just hold as you say until news. The way I look at it is it's got a lot of potential and it's better to lose a bit than miss out on possibly huge gains. I only wish I had held at 0.04.
Officemanager, you probably have some tea and biscuits to serve. Still nice to have aspirations I guess. Thanks for your totally off topic input and confirming you have nothing worthwhile to say. Filtered.
Oh I see. Well I am invested here already which is why I am taking the time to sort out the posters that are useful and the ones making stuff up! I want this to rocket and believe it will but when is the question. People on here would have you believe its being held back so here I am checking all the time to see if its "been let go". Nothing would please me more if it was being held back as eventually it would have to jump but if it is tell me how you know. That's all I am asking. I have 1.5k in here @0.24 and 0.31- a lot to me - which would be awesome if it flew. Hopefully that clears it up for you you assumptions old brute.
What you on about? I am trying to lean trading but people spouting rubbish on here don't help that saying that this share is being held back etc. When I look for evidence there is none and they have none either. What your post is about who knows especially looking at what you have posted in general.
Kind of the answers I expected. No evidence and likely all based on hearsay from boards such as this. Listening to other peoples deluded rant and espousing it to other a few years later without checking it for validity make you "naive" not I.
Thanks for the link to the Langbar story but it has NO relevance to this at all. That storey is about corrupt people and advisers setting up a cash shell company and nothing at all to do with market manipulation and nothing to do with the 2 points I made. In fact it proves my first point that "good news" - in that case fake, but that was the company not the markets - was put out and the market took the share price high, no money markets "holding it back" there.
Even in MXO the price was 0.04 and shot up 6 or more fold in days where was all the holding back then? Surely if the Market makers were down for that sort of thing then they would have been holding it back then so they could ride that wave not the 10-15% we see now.
The lack of evidence or even a story of direct experience - an insider - from the people who say this kind of stuff speaks for itself. The mild put downs only further the conclusion that they really have no evidence of it at all and are either corrupt themselves or have deluded themselves to believing they are a super investor imparting knowledge to the masses.
Still happy to be shown some evidence but until then you guys need to wrap a bit of tin foil round your heads and chuck out your mobile phones.
PS I do know AIM is a shark tank in terms of the businesses that list on here but we are specifically talking about the 2 points of MM's fiddling with the price which happens if there is no liquidity at all as that their job, and delayed publication of trades
I am quite new to trading but I am already a bit weary of all the comments suggesting meddling and what is essentially allegations of fraud on the part of market makers.
From what I can see and understand at this point the value of any share is driven by the buy and sell volume at any particular point in time. So in times of selling there is always going to be people undercutting the ask price to drive the price lower and in times of buying there will always be people exceeding the bid price to ensure they get the deal done and shares they want bought,,, so driving the price higher.
I do see that it is possible for large players to put sell or buy orders on to the market to influence the price somewhat but this is not MM's "holding it back" from what I understand?
The other part people here like to say is that Large buys and sells are being hidden from us until after hours or until the next day. Again from what I understand this is perfectly legitimate and allowed as a tool to stabilise the price - as is the job of market makers. Although perhaps this has the possibility to be abused it would require the complicit actions of many audited institutions. Delaying the release of the fact that a 10,000,000 sell has just gone through stops everyone just panic selling and crashing a stock. Delaying a 10,000,000 buy gives more people a fair crack at getting in on share at a sensible price and not one driven by people speculating that the 10mill guy has some sort of insider info. Seems to me that the delayed reporting is in our best interest and helps reduce volatility.
This is all my own opinion from my understanding of what i have read and I am HAPPY to be corrected or educated on any part of it. It is not meant to be in any way a "this is how it is" type post, its a post of my understanding and I welcome any proper discourse on it as this is how I can learn. If you do though please provide some evidence or supporting information so that I and probably many like me can get a better understanding.
Good Luck All holders
Vol Sold 56,719,890
Vol Bought 52,839,245
around 4 mill diff at end and yet ends 12% down,,,, there was +6 mill difference earlier when there was only a 6% drop.
Filter filter filter. Buys are catching up the sells now so hopefully not much lower if at all.
I am kind of expecting the.2s too but as news can come anytime and I believe in the future potential I am just going to hold as I don't hold enough to make trading the daily moves worthwhile.
Yes anyone who posts will be. Have a look at how it works. It's not fool proof by any means but will give you an idea of who to look at in terms of their post history. Feel free to look at mine.
You made a good call but at the end of the day so does anyone who makes a bet and wins. At the time you sold you would have had no idea of the reality and could have lost out just as easily. As it is turns out you did well, I only wish I had done the same haha
There seem to be a lot of people and may I add they only seem to congregate on share related chat forums, that really care about me. They selflessly make the effort to log on and read a chat forum to which they have no vested interest, with the implicit and sole purpose of imparting their wisdom upon me to save me from making a mistake and make, or save me cash, and for that I thank them. Its amazing how good some people are isn't it?
Seac - I had a quick glance back at the posts you made but couldn't see anything re taking the comapny private. Can you copy it in here or can anyone explain what happens to a share if it gets taken private and for arguments sake lets say an investor has 100 shares at £1 each at the time it goes private? Many thank in advance.
Can't believe there is a "pro" - and i use quotes on purpose - de-ramping crew on here. I have read about it but you guys are quite obvious on this share. Seen a few on MXO but they tend to not stick together as much so makes you unsure if they are together - perhaps not. Here however I have never been surer. If I had to bet a million on which was true and it was whether this will hit 10p or you guys are "pro" de-rampers I would bet on you guys. The only thing I know with total certainty is that I hope both are NOT true and that II's won't be investing in this share to see a 33% loss! Not that I expect much of a reversal either.