Member Info for quelfromage1

Indeed SJ. Signalled (but not caused by) by sids appearance a few days ago.

bandit,
Step the price up very slowly based on (justified by?) these tiny 200 share trades then drop it dramatically to flush out more sells?
If it is so - which it may not be - I don't get why they make it so transparent with the repeated 200 trades?
QF

A whopping 144gbp traded so far today ...

Bandit yes I saw the algo trades too. I would think most of the longer term disillusioned holders who are so inclined would have sold by now. That leaves those who bought in at 20p or so as potential sellers if some negative news arises (when Sid pops up on here we know there'll be an - engineered - drop coming soon). The loan note repayments will obviously keep the co. ticking over for sometime. I can only see further significant rises when other Nigerian income improves which has been discussed on here a lot. I need about 70p now to break even. QF

...one to mark the start of the day and one for the close. What are the mms doing? Ticking it up slowly, to encourage buys or sells???

CJ
"On another front, a simple scan of LSE share trades shows that with some regularity, after substantive 'sells', there's an automated trade in place to buy 200 shares at the top of the buy/sell spread. An extremely poorly disguised attempt to hold the intra-day (and sometimes closing) price up. Pretty pathetic."

And another 200 buy this morning to keep the ask up (?) ... interesting

QF

"whom"?

Mikemine Yes I can confirm that one of the 10p trades labelled a sell around 13:30 was a buy by me. QF

If you believe yourself I suggest you short the share or something equivalent.

The records stuck, the records stuck ....

So you're just bitter and wallowing in it with no hope of redemption?

56 quid now, not just drugs, amphetamines!

"followed by a rise in the range 20 to 25p"

I mean "followed by a rise, trading in the range 20 to 25p"

GPb, I suspect we may go through some cycles of price drop, biggish buys followed by a rise in the range 20 to 25p. You can time trades roughly by how active Sid is ... ;O)
I don't think shorting is going on - seems a bit risky to me at this price but I may be wrong.

Yes keep closing them ...

Well it looks like the price has been dropped to fill an order!! QF

Another good rise today. Anyone know what's behind the buying?

The price has been dropped to fill an order. QF

Best thing to do is to snapshot the screen at regular intervals.

The price was dropped to fill the order. QF