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Still could go down further as the MM's do seem quite happy selling these @ 0.38 and the end of March CN. deadline is a long way off.
Well done and good luck!
Think I can safely say we are all hoping for a good return, but that equals risk. Very hard to comment as it all depends on how upset you would be if this did a U turn and you lost half (or all ) of your investment....This could really move up or down very quickly and we are all just trying to work out what is happening behind the scenes...Why not narrow it down to two and split your £500 investment to safeguard your money?
In response to your question, it all depends on the risk you are willing to take on, as all three are obviously very different beasts....Did you decide to get in CN.or are you still mulling over your final decision?
Also Stockmidas are reporting the reverse T/O in their news section....
Lots of addition information over there and slots in to help make the picture, so we will just have to wait and see how this pans out. Good luck....
Just topped up @0.38, as liking this jigsaw picture so far....
Just 10% down and very tempting...
Liking the tie in with your research and I hope this will all come together. MMs just dropped the ask to 0.38, so considering topping up, but low on available funds in the current market conditions, as all I can see is red...
Think they mean 5.1% up
The strange part is, not even a wobble either way after a 80m trade? I really thought last night this was on the way down, but lets see where we close today as the MM's could still be reeling new buyers in as usual, befor their classic U turn we keep seeing on too many AIM stocks. How they must laugh as we keep them in champagne...
By looking at Level 2 you can see all the MM's (4 for CN.) lining up their buy and sell orders, rather than just the bid and the ask price. I was keen to ascertain after the delayed trades last night, if many others were bailing out as these huge trades came in after close. At this stage IMO it looks like there are still large(ish) but not huge buys coming in @ 0.399 and all well under the present ask @0.45. With a present bid @ 0.38 makes it hard to work out whats really going on at the moment which I think the MMs relish. Also IMO if there is anything planned for this stock and the city will know this well in advance of us, the MM's will want to keep the SP level and keep buying in any sells on the cheap before any action....
Im keeping the faith and just hoping SP doesnt do a U turn before the end of play.Looks like Two decent early buys this morning so far, as just did a dummy sell and MM's are offering 0.3825 and they are both at 0.399
Any idea where the low trade price comes from, as around 0.27 was a low back in Oct?
Thanks, sounds like are you enjoying watching us burn...
??????Where have those huge trades appeared from at that price?
A lot of buying activity as the MM's dropped the SP today with a treeshake and now back up....very interesting.
Probably a hasty desision but just bought in, attracted to the large S investment and the disapearing weekend posts mystery....
Price is moving fast on this
What makes you think we have caught the MM's out?