Member Info for MTucker

CH is spitting mad with the way daytraders have afftected the SP - fact.

Island girl, just read back a dozen posts

There has not been a rash of big sells. Basically the week finished about level. Just go back a few weeks and look at insti support if you are worried.

Not really a surprise when a bed wetter dumps over a million in one hit at a discount....

There is no logic.The market was happy to absorb a smallish (200k) sell this morning at 5.5p at 08.45 and now you can buy for 5.05 the volume today just doesn't justify the movement.

I must admit to being mildly surprised that the SP has remained largely pegged over the last few days. I am thinking that it's a combination of several factors.

1. Investors have been skittled out a few times in the past and are waiting for a "dead cert" on the basis that there will be a lot of upward movement to be had even after the initial spike ( which by all accounts should be Monday/ Tuesday next week)

2. There are substantial numbers of "proper" investors sitting on very significant holdings who probably won't even add after the proving up. That probably includes me.

3. Counter to point 1. We know that if ZPHR had encountered any material problems duringtesting they would have to inform the market... they haven't so go figure.

4 Testing was originally guided at 7/10 days whereas the reality it is now 2 weeks , that has not been amended so Monday it is.

We were informed even after the initial seismic that the perceived resource was huge and next week the hand will be shown. One way or another......

You are so right how market trends and investing has changed over the years. I was a broker for the whole of my career and it's a very different story to how it was when I started. The truth is that most of the sales over the last few days will have been t10's running out of time and chancers who don't have the funds to take up their bets. No serious investors are selling at the moment

None!

Lets just hope he sticks to his word!

Yes I spotted that just not quite sure flagging it up was worthwhile to give the knockers another thing to knock

Simply because of daytraders and T traders. No wonder CH loathes them

It will be interesting to see if a 100 to 200k order is placed again today in the closing auction....way above the actual market spread. If so and it is taken up it will once again create a false close and concomitant apparent drop on the following open. If it is done to create an impression of a falling price it is certainly working on here.....

Blimey I explained all this yesterday just a few posts back. I really wonder if some people should get any where near the stock market.

Let me explain to you. This is exactly what happened yesterday where you were very quick to suggest that the opening price had dropped severely. Exactly the same thing will happen tomorrow morning as the perceived closing price is the small trade that was completed at an auction price. That was much higher than the actual mid price. I don't know why someone is trying to create this misconception but they've done it 2 days running.

Actually no change at all to yesterday's close which showed a misleading price due to an auction purchase at 5.6. if that's the best you can do 🤣

Hhhmm , seems to remember that 36-2 flowed rather well...rather too well in fact🤣😭

Here we go again. Same old story being draggef down by traders who don't have the money to pay for their Investments. Why not try blackjack then it's only your money you're fooling around with.

For additional comfort RB. I have accumulated north of 10ml shrs here. Granted not on borrowed money but it's a big punt. I'm too old to look for "life changing" but supremely confident of a forthcoming significant boost to fun money!

Agreed Setanta, very unlikely to exceed 10p until early July at most...unless something turns up on more quantity than anticipated.

Here we go again. Short-term traders killing every effing rise

It's a little crew of shorters combining with pre planned negative chat room comments.

Maybe we are temporarily shot of the Trades and it's just proper investors very patiently awaiting their long long overdue rewards! Not prepared to expose further.