The way I understood the interview was that demand for the service is high, this in turn will require a lot more funding. Hence bringing an institutional investor in. this brings in more funds so that expension can happen.
Anyone have a different take on it
I read this a lot but if this were the case why were many other people able to buy shares. Surely if MMs had to fill an order the wouldn't be releasing any shares to anyone else as they would have to fill an order.
Can someone more enlighten me what I'm missing.
Fundamentally the market seems rigged to shaft the small PI.
Dellnrodders, the amount of shares sold is the code. So a sale of 100 shares is meat to be indicating to other MMs that they need shares for example.
The theory been who would sell 100 shares for a total of 7p in this share when the trading fees are 10 quid.
Weathergeek. Your posting has stopped a lot of people from panic selling. I've copied a couple of your posts and read them if I'm in doubt.
I'm in for the long haul.
I think we'll loiter at these levels for a while, over those RNS land though, who knows, skys the limit.
Might get my holiday home down south.
Copied from poster on ADVFN
htTps://www.share-talk.com/demand-for-supplyme-syme-continues-a-massive-share-price-riser/#gs.ewx9otDemand For Supply@Me (SYME) Continues, a massive share price riser. abm August 31, 2020A Strong Pandemic Stock Market@ZaksTradersCafeAgainst all the odds, and certainly against the expectations of most "experts" the pandemic environment has been one of the strongest ever periods in history for the stock market. Companies in the tech space have excelled, as they are seen to be immune to the effects of Covid-19, with Apple (AAPL) hitting the $2tln valuation mark, and the likes of Tesla (TSLA) crucifying the shorts.While no one can pretend valuations are not high, or even sky high, a bottleneck of investing in companies that are resistant to Covid-19, and an exodus from those which are not, has meant that market breadth has been skewed into a few select companies and sectors.Better Than Dotcom?But while it is understandable that the big market cap plays have attracted fresh cash, the real phenomenon is the flow of money into the small cap space – with the UK juniors and AIM arguably enjoying their best run since the Dotcom era. Indeed, a leading fund manager I spoke to recently suggested conditions are even better than then.The point is of course witnessed by the rise and rise of companies like Eurasia Mining (EUA) and Metal Tiger (MTR) for the miners, and Novacyte (NYCT) and Synairgen (SNG) in the biotech space. But it is perhaps the tech zone which has really caused the bulls to rake in the profits: 7Digital (7DIG) and All Active (AAA) have led the tech winners, with little sign of any meaningful retracement.Supply@Me's 10 Fold IncreaseHowever, the king of them all so far this year is undoubtedly Supply@Me, with a 10 fold increase in the share price over the course of August. Like any company which soars by such a margin, the market is divided between those who are or were short and are throwing stones, those who have scored a multibagger, and those who missed the boat and are scratching their heads.Perhaps the first point to make regarding the magnitude of the rise in Supply@Me is that it is a symptom and an indication of just how bullish the stock market is currently. Small is beautiful currently as it enables (furloughed) investors to get the greatest bank for their buck. In addition, Supply@Me's inventory monetisation model is tech based, so it is scalable both in terms of the offering, but also geographically, one of the reasons that tech companies are leading the stock market currently.Cash Strapped EnvironmentWhen you add into the mix the way that Supply@Me's business model is one that without Covid-19 would be useful to cash strapped companies, but now is an essential resource to maintain their balance sheets, and it becomes less surprising that the stock price has soared. Of course, there are many companies who have a good idea and good tech, but it is all about proving the concept and executing the business mod
Weathergeek.
informative post as always.
Can I ask one question,
In July 2020 - directors loans shares as collateral.
Who were the share loaned to? Have they got them back yet? Could they be used to short the stock.
Be nice to get some confirmation via RNS on Italian banks etc.
Thanks in advance
Evening all.
Just been catching up on the chat today and it's been very informative, especially the email responses.
I've got to ask though, do you really think AZ actually responds to the emails himself, he wouldn't have time, surely he employs people to do this on his behalf.
The fact we get responses is fantastic but I can't imagine it's actually him.
Here's looking forward to Tuesday.
GLA.
Ocean passage,
I'm not criticising the guardian, what I find amazing is that an article is published on line at 246pm and within ten minutes all carnage breaks loose. How many people genuinely saw that article and course to sell.
Or did the MMs see an opportunity to do the share price knowing that countless stop losses would trigger and then guess what we see a remind of buys coming in from limit orders.
Who was the real winners today, you guessed it the MMs with all the commission they took.
Who were the losers, the small PIs.
This will bounce back before results, if it does fall Tuesday I'm in for more
Article released at 246pm, 255pm falls off a cliff by circa 50p to 270p in space of 20 minutes, at 315pm starts bounce back to 293p in space of another 15 minutes, dips again and finishes on 289.5p.
If this isn't a bit of manipulation I don't know what is, how many people genuinely sold once that article was released or even knew about it until they got home, MMs saw an opportunity to take it down and it was taken, took out loads of stops of small PIs.
This will rebound, most likely not Tuesday but by the end of next week.
Maxage, I never put a stop loss in.
Seen to many people wiped out in the morning only for it to bounce in the afternoon and they lose out big style.
MMs manipulating prices to take out the stops to fill big orders. Been happening in SYME this week, shares suppressed and guess what two massive director buys announced.
Patience albeit hard is massive in share dealing
GLA
Pmoran1969.
Great Post and keys everyone's loss and gain relative.
I couldn't believe when I saw the share price that a rehashed news article released at 256pm plummeted the share price by 50 odd pence.
My first thoughts what a load of crap, I'm not panick selling. A younger me may of.
I cannot believe this isn't some sort of manipulation by big players to get in on the cheap. You can't tell me someone hasn't set this up. It's stored out loads of stop losses and I bet most didn't execute in time and loads of people have probably got back on at a higher price.
This will come back don't worry about that
Jsp123, thanks for your response, it wasn't so much the depth it was the lack of any other data that the 300000 bid vs ask from the four brokers.
I would have thought that if I had put an order in for say a million shares that that would show outside of those.
I've canceled my subscription with interactive investor as can only log on via a desktop.
How do you find the LSE platform. Can you use it on a mobile.
I have level 2 with interactive investor and all morning on bid and ask side there are only four orders in on both sides from WINS, PEEL, SCAP and SING. All of those orders are for 300000.
Now looking at most of the big FTSE companies they have depth of orders in ranging from 100 to 600 odd.
Is this normal?
On the other companies the share orders can range from 200 to 20000 bearing in mind those shares are more expensive.
Help appreciated on this.