Member Info for mowzerrocks

So Genie - I think you are being a bit sensitive. The correlation between the SP and those isn't exactly linked the way you are implying. The thing is that companies are looking to make money, and indirectly the SP reflects that - it is what people are willing to buy into that company and its proposition. At the moment the perceived delays and its relation to the vaccine and other testing has caused the drop - not because it reached a certain level. It will take production or some really good clinical results and more manufacturing to be annouced for the price to get up towards £2 again. When will that be? That is the frustrating thing. Avacta's messages tweets or otherwise have been open ended in recent months. However, we can probably expect the BAMS imminently given the tweets from last night??? Thoughts?

It would seem that the vaccine news isn’t so exciting in the states from what I hear. It seems that Matt Hamhock is happy to try to use UK people to trial a never before used type vaccine - I’m fairly sure there will be lots of questions... there might be some egg on hamhock before long. I can’t help but feel he has rushed the whole thing because of increasing criticism

Don’t even get me started - it there was one machine and the tapes were the difference you could possibly compare... this isn’t the same. The reason why beta failed was because the machines were already bought . The LFT doesn’t require a machine and BAMS require machines that already exist!

Bump for the fox.
https://sharesnack.createaforum.com/index.php
use dummy email when registering...

Travel light has set up a temp forum for us tomorrow. Will bump thread

you reckon? I suspect the government will just create another tender. We have seen so many of these. There will just be an additional one. The way handjob is pulling everything out his hat!

I am sure that there TCs are watertight, but it won't stop them giving good will at least. there will be a flurry of those leaving for sure... I sold my HL. shares on that basis.

Well good luck. If HL do compensate you from what I hear it would be a first. But let us know if it works out. I was going to make a complaint as well. Having said all that - the stop loss issue was not just down to HL. It was mostly down to the MMs not taking ANY shares. I sat there and tried to sell from 166 all the way down to 103. I occasionally got quotes but despite clicking, they would time out immediately. If you look at the volume chart I posted last night you can see the problem was that the mm's took the price from 166 to about 115 with very little volume at all. However in this instance, I would suggest that HL add an option to their stop loss functionality to allow clients to not action a stop loss if the prices is < x% below the stop loss target. That would be a good way of resolving the mm tricks.

The problem is that without a clear RNS we are all reading between the lines and it won’t have impact or still have negative impact on the share price. I think production and orders are the only thing to get any real movement - until then it will be just volatility unfortunately

Btw - someone sitting next to me pointed out that we could also use Reddit. But I think this should work ok - see how it goes tomorrow.

thank you TL - signed up.

Good point - I guess Twitter is the only reliable place

Lol... you are only strictly an investor because you are in at 16p .

Crystalball-Ocks. The role of the MMs is to provide liquidity. They make money from the spread. That covers their risk. They floored the price in minutes. They then raised it to near 120 in minutes. That is at leat 15% margin on shares they collected at 102/103 stop losses they refused to take. The system is the fundamental problem. But they made out like bandits. You can’t blame investors for selling and I wouldn’t argue about the ‘bottom’ but the distribution of volume the entire way down was not providing liquidity in any fashion
https://www.tradingview.com/chart/AVCT/YJ1GUoEN-Avacta-Volume-drop-09-Nov-2020

The war on covid

The people to blame are the MMS. They have a spread - a wide one to cover their risks and make money the only ones who made money yesterday are the MMs. There was minuscule volume between 166 and 115 - they floored it and only started buying in at 102/103 when people stop losses finally filtered through after being in the virtual holding pattern of the likes of HL. I’m down £80k according to HL. Been in since 57p in April but my avg was around 156... I’ve managed to lower that a bit but those that have mostly been affected are those who had their stops taken out at insane and frankly criminal levels by Market Makers. So who are these MMs? And who do they answer to... focus your efforts there - I will be. I do also think some strongly worded emails to Avacta about sorting out where their shares are traded wouldn’t be a bad idea either.

If you look at RR. The price went bananas in the afternoon. It rapidly fell just as HL came back online (for me that was 15:30)

They are definitely correcting- not sure if automatically or you have to message (I messaged).

Chengdo - they seem to have corrected one of my shares earlier tonight. I’ve just checked now and the other is also corrected . I had sent a message on both but they haven’t replied to any messages. So it maybe they are running scripts to deal with it and perhaps HL will be forced to purchase a lot of shares in the morning to rectify

yup - they totally played it... floored it and decided to build up from there... I wonder what they will open at... I suspect it will be volatile again.