Member Info for johnychainlocker

Leave it out Sharebel, it's friday afternoon - go for a drink - chillax mate!

👍@Stupmy

Not inclined to go and 'have a chat' Rosey? Use some of the guile and charms you ladies have to garner a nice bit of news for us all?

Go on - Pop on back and get the next train !

Apologies again. Hmmm.

Lot of it down to 'conspiratorial' instincts when tide turns against one.

Bit like when shorters open up brand new short the day before the price of a stock tanks, or vice versa. I immediately jump on "well that was a bit of conveniently good timing, OR was it ?.......!!!!"

@Hmmm. P'raps not as definitive as I said, nevertheless-

I've always been 'taken aback' (for not too strong a phrase), when having been wiped out in minutes by the sudden sharp drop in the price of a stock. Whether that is because the stop loss is 'revealed' or 'inferred' from the price action I'm not quite sure. However from what I have managed to find out it depends very much on the brokers/MM's.

Source 'Shell Capital Management 6th August 2024' -

"However, some brokers, especially those that operate as market makers themselves or have less transparent order routing practices, might expose stop loss orders under certain conditions. Brokers that offer "payment for order flow" services might also be more inclined to route certain types of orders, including stop loss orders, to market makers, who then may have visibility of these orders once they are routed.

It's difficult to provide a definitive list of brokers that do share stop loss information with market makers, as these practices can vary and are not always publicly disclosed."

Apoplexy not good for you Hmmm, so hope "The fact is they don't pass this on" is not so definite either.

One of the not so uncommon 'dark' practices of stock market dealing!

Apologies if misleading you

38.99p to buy currently with Ding Dong Bell

Yeah, good shout. I don't use stop losses these days having been on receiving end of quick 2min wipe outs when price is suddenly dropped to hoover up.

I much prefer now to set limit BUYS about 15-20% below current price. People's stop losses tend to be in that region and MM's know the stop losses that are set, so they have distinct advantage there

@Isalnd - could be they were basing valuations on accounts published by WG, which we now know were not in fact correct, and buying what they said?

Agree Aucuba - apologies for not stating correctly. I was replying to Yorkshire and got carried away in the moment!

Agree totally Carrot

@Yorkshire, they rejected +£2 because the board themselves were clearly not aware of the full financial situation. I am with you on the 60p not being acceptable

Agree @bandit

Not really trying to say at all that Sidara are stupid, however Carrot, even though the accounts were prepared as said, they were signed off by WG own group accountants. Point I'm making is that Sidara could only go on the info provided to them and that has proven to be unreliable. They clearly thought the price was too high and walked

See what you're saying @xxP, but "Sidara saw Woods book last year and have come back to the table again. This speaks volumes. ",

- what bothers me slightly is that presumably Sidara were going from the accounts info. provided to them by WG, plus a GOOD LOOK themselves, but it has taken an AUDIT by Deloitte to uncover the real state of affairs

Thanks for the prod (re LNH)@Denzill - have done just that and suitably impressed

'Bye' James!

Good shout @jena - makes sense

I'm very much with you there Stupmy, and same lack of knowledge.

I keep looking at the share trades ,I realise they're not very reliable, however you can see an awful lot of ordinary 'punters buys' and the SP hardly moves, but as soon as some much smaller 'bot' sells go through it has almost immediate impact on SP.

I think that's probably 'cos the bot sells (mostly from shorters trying to suppress rises) are broken down into much smaller fragments and hide the actual initial much larger sell that is placed with the broker?

I do think that PI buys/sell have very little impact on SP, and I also think that these big institutional buys/sells are the only things that affect price.

Also have to deal with all the 'muck' that's basically insider 'stuff' , not so much company insiders, but MM's and brokers and their connections with the institutions they deal with on a much more frequent and 'close' basis.

That's my theory anyway, but as I admitted to earlier I have no direct experience and am as lost as you!

@predator - getting very very close now, just been quoted 39.56p

I was talking money.

Also sure it was a buy 'cos I had just had a quote for 38.9p (not £199k though!)