Member Info for johnychainlocker

@Medjed - M Partners first seemed to appear on 28th Feb, RNS stating holding of 20,238,549 shares, followed in quick succession by 2 more RNS's of same date going up to 22,238,549 shares.

They did indeed reduce to 19,025,952 with latest RNS today

First time this morning AJB quoting 22p to sell, yippee!!!! 🥴

Now that I can agree with longfell (partially at least), some II's selling, but even that is not a clear or full explanation.

Where are the RNS's of the II's selling? M. Partners along with others are NET long i.e more buys than sells!

Holding is currently 19 million shares, net LONG!

Look, what I'm questioning here is that the SP is IMHO not simply reflective of the buys/sells PER SE, (and certainly not from PI's), it is being CONTROLLED for some reason that is not entirely clear, (clearly not to me at least, and I suspect others also). Yes, buys vs sells, in theory at least, affects SP, but the buys/sells by the hedgies here is the price being HELD at THIS level, and it is the reason for this SP level that I don't understand, and raises more than a little suspicion of events going on in the background that we are not privy to.

What's your explanation on that @CaptainS?

New purchase in the millions, not sells from PI's in their tens of thousands, SP still dropped from yesterday.

Simples eh mate ?

Nice post @Yellow, informative

@captainS - no issues with the RNS mate. You say PI's want out - how do you know that?

There are as many positive posts and people saying they're holding on this BB as those saying they're out, of course this BB not whole picture, but certainly indicative.

The price is being tightly controlled by the hedgies, not the PI's not the Market makers, not the II's who don't appear overly active, although they will have final say obviously. Where is your evidence of PI's selling in droves- the price is almost stagnant.

That in essence is what I don't understand.

( And there have been loads of instances not just on this BB of PI's questioning "why is the price dropping when buys are outnumbering sells" etc etc.

It don't stack up and is nowhere near as simple as you make out.

Last response @captain (ps no need for your last sentence, mate!)

I'm really glad you understand everything that's going on here mate, perhaps you would be good enough to explain it to us all - down to PI's selling - Boll*****s. If that's the case what are all the 'A'Trades? You deal in high frequency trading then Captain, mate.

This price is being closely CONTROLLED by the hedgies, not PI's.

What the ultimate outcome will be, I haven't a clue. Do YOU, mate?

It's absolute boll*****ks @Surin. If their making beer money on a pretty much stagnant SP the beers in 250ml glasses only !

"Something toxic is occurring but I cannot put my finger on it"

Definately 100% with you on that @Bearded

I'll say it again - 'cos you're right @Captain - "It isn't rocket science mate"

Where is the evidence of this selling, and PLEASE don't be so simplistic as to say SP says it all. It doesn't.

The shorts don't appear as yet to have increased, the II's (apart from Ninetyone) don't appear to be selling, and if you still believe that peanut trading PI's affect the price, I'm afraid we'll have to agree to disagree.

There is something 'afoot' here and it is not at all clear.

The only thing that IS clear is that the SP to sell at this moment in time with AJB is 21.9p (I might add that is (very) slighty up from earlier this am)

Anyway, let's not get into a ding dong over this.

Agree @Elllltelinv.

Marshall Wace holding most out of the shorters, so very much hoping they start to close - who knows?

@CaptainSwag - I don't see any evidence of II's buying. Where are the relevant RNS's?

@captain "Why would pi trading the share not affect the sp?"

'cos they deal in peanuts!

And sorry, it ain't that simple - how many times do you see the correlation between the volume of sells to buys act in the way it's supposed to i.e supply and demand. Happens all the time when it's reported more buys than sells and the price still goes down and vice versa.

Something is going on here that is not at all clear, and if any 'knowledgable poster' (no ref to you Captain) on here can respond to the question I put earlier about 'market' , I for one would be grateful.

GLA squeaky bum time!

Thanks for that @E_AL

@sham - when people say "market" who are we referring to? Serious question.

I can understand the 'what' we are referring to as you only have to look at the SP, but if we accept that PI's selling and buying has little or no effect on SP, the big II's are not appearing to sell, then who are the 'market', and what is driving down the price? There has been no reported increase in shorts holdings since 8th April, so is it the MM's just lowering the price to take on PI's stock in order to drum up some business, which is after all the only way they make any money, is it the shorters slowly eeking out more profit (in a very risky way IMHO)?

I don't understand anything that's going on here - clearly!

That's the trouble with people saying what your saying Roxi, unfortunately there is no such thing as 'easy money'!

Anyone think US opening will perhaps raise price a bit (or otherwise of course)?

Drowning man, straws etc.!

Agree Luca, but that's only one part of the story, and personally I don't believe a single word that comes out of this Board of Directors!

@Ice - think I've said this before but surely you can see that you're only basing your argument on accounting reports produced by WG, reports drawn up by a CFO who was not fully qualified to produce them, signed off by a firm of accountants who have been shown to be 'wanting', (to be kind, possibly under board pressure)', and accounts that have had to be independantly reviewed and found to be very innaccurate.

Time to wake up and smell the coffee!

"they have 28p set as the price they aren't going to allow it to rise above "Today", I forgot to add!

Ballsy appearance Ice - hats off.

What's changed - accounts were a load of old b******ks, and all along that's what you've, not unreasonably tbf, been going on.