Member Info for ma5k

There were some massive after-hours trades yesterday (millions), but would have expected an RNS today? http://www.ftserussell.com/files/press-releases/ftse-uk-index-series-quarterly-review-june-2018

Limit buys might be a bit risky here Wiz - perhaps safer to simply set alerts and trade 'on quote' as desired?! ATB

ionic's posts were a consequence of an unforeseen 'glitch' in mine when replied to Pointy... Gunna behave now as I don't want to mess up LSE! Besides, you can get far more attention with just your clever words! :-)

Not so clever Pointy! :-)

Whoops - see what was wrong (title was too long to allow for additional 'RE:' when replying to post) Doh! :-)

Trust you ionic - you'll get us banned! :-)

http://tellas.co.uk/Charts/PETS_18-05-30.jpg

I can actually get a higher quote for more atm so I'm guessing different MMs are handling the quotes according to volume... tbh I don't see it dropping that low in practice, at least not short-term, but I do see it as a clear indication of downside risk if there were unfavourable news for example.

http://www.tellas.co.uk/Trading/MAFL-quote03.jpg Shocking!

http://tellas.co.uk/Charts/KRS_18-05-28.jpg GLA

Hi MP Nothing goes straight down or up - the weekly chart gives an indication of likely future direction, which at this stage suggests a reversal unlikely, however there will doubtless be trading opportunities as it progresses. Worth baring in mind is that it has been mentioned on the BB that they believe it will be demoted from the FTSE250 which, if true, would be announced after market close today (30th) and may cause a further fall in the short term. Having researched promotions previously I found, contrary to expectations & almost without exception, a fall followed the event and then a recovery.... the reverse may be true for demotions causing a rise after June 18th () and then a subsequent decline in keeping with the weekly chart??? I'll try to have a look at the daily chart again later today & see if I can identify likely parameters for short-term trades. ATB

Mulder The cut off was yesterday (29th), but the announcement of which companies are involved in the re-balance is not due until after market close today (as confirmed in your link), so it seems unlikely that the fall to date has been caused by tracker funds selling??? Should PETS be included in the demotion I would expect the associated sell-off to start tomorrow and continue up until close of trading on Friday June 15th. ATB

Mulder "As I predicted last week PETS has been demoted to the FTSESmallCap index from FTSE250" I thought the list was announced after close of trading tomorrow (30th May)??? "tracker funds obviously have been selling en masse before the reshuffle tonight" I believe the last day of trading in the 250 for those companies being demoted is Friday 15th June, with the move taking place at 8am on Monday 18th June.

Just discovered 'Quixotic' by Martina Topley-Bird on Spotify due to prop's impressive vocab - always liked her vocals on Tricky's stuff so it's a very welcome find! Many thanks prop! :-)

Hi cuddothisnow I'm not a shorter, I simply undertook the technical analysis at the request of someone else & shared it here once done. I stand by my charts for SOU, which have to date proved reliable. I'm quite happy if people wish to question the credibility of my interpretation, but take exception to the personal abuse. ATB regardless

(using)!

Hi Teasybee A big deal has been made of the Railsbank API (quite rightly so imho) and the exclusivity that Lionsgold have secured for a 3 year period. My point is simply to question how Railsbank will secure their position and prevent competitors (large or small) from offering something similar. If Goldbloc is successful it seems inevitable that others will attempt to replicate it and it may then prove difficult to compete if a large & reputable financial institution offers a current account linked to gold???

"I can't understand why the company would attempt to release GB2 this quarter without the appropriate level of approval." Nor me woody, which is why I consider it worth investigating. As Lionsgold/TRAC (now Goldbloc Ltd) do not have a licence or permissions with the FCA in their own right, I have been advised by the FCA that all queries should be addressed to PayrNET who, as 'Principal', are entirely responsible for the licence which they are effectively 'piggy-backing'. I have emailed PayrNET accordingly but, as mentioned previously, am yet to receive a reply. Ralph Hazell (CEO TRAC) confirmed that Goldbloc was not approved by the FCA when I spoke to him in April, but was unable to offer any reassurance regarding the matter. I see no reason to believe Lionsgold are exploiting a temporary loop-hole while opporating in a grey area with respect to regulation; however with the FCA having taken a position strongly opposing cryptocurrencies, and their stated intention to tighten the regulations for all digital currencies, it seems only prudent to ensure that Goldbloc will not be adversely effected in the future through non-complience. I see nothing negative in conducting 'safety checks' in this way.

http://tellas.co.uk/Charts/FFWD_18-05-28.jpg

Precisely Potter - why on earth? Surely that answers your unfounded accusations that people who share their observations here simply have an agenda to spread negativity and drive the price down - the very fact that people still bother while the share is suspended demonstrates genuine interest. IMHO it is extreme bad form to resort to unfounded personal criticism and abuse simply because someone expresses an opinion you dislike.