Member Info for RollingInIt

You didn't Base.

Brel

It is, I agree. But at least Iron's agenda is now admitted with all the 'there's a big seller' posts and being bothered by not topslicing at 0.38 to make his 10% margin.

Iron

Not convinced, if it was a uniform problem across many stocks, yes, it would suggest ii have less access to MM's but it isn't. Can't imagine they scan twice the number of MM's for the rest of the market but only half of the MM's on COPL.

Iron

That BS you came out with the other day 'I haven't sold a share'. It's clear you've been trading this all the way up. Now it's all about topslicing. Contradictory BS. Laughable.

As I wrote to Bob, you're just a trader talking your own book.

Sport

Tough, accept it, some can't buy.

May be the broker as you suggest but I'm not getting a buy quote on COPL on ii again and I can get a quote to buy on another stock being heavily bought in the market this morning.

Bob

Well, it's worth looking at the influencers in Nigeria or those in power.

Top three, in order of authority.

President, Muhammadu Buhari

He's now approved the PIB (Petroleum Industry Bill) ... and worthy of note, he didn't previously.

Vice President, Yemi Osinbajo

He supports the PIB

Head of Senate, Ahmed Lawan

He supports the PIB

He was voted in with a landslide victory in 2019, so clearly has a lot of support.

“We will pass the PIB that will ensure that businesses here get a very competitive environment; that they are able to make profit and stay and even invest more,”

At the start of the hearings, Senate President Ahmed Lawan said the government wants the PIB to be rubber stamped by the National Assembly in April and become law before 29 May 2021.

With the three 'top dogs' now behind it, seems obvious that it will get passed and soon.

April, so the PIB passing could be just weeks away.

:o)

Bob

At the moment, they're too busy punching each other in the face at PIB meetings but with the recent arrival of the AZ vaccine, given the delays were officially attributed in part to Covid in the RNS and their pledge to kiss and make up for a resolution, with the locals wanting 10% and being offered 2.5% and an obvious middle ground agreement to be had, combined with a claimed timeline for agreement of late March / April, which is only weeks away, it's potentially appearing on the horizon.

Or as BJ would put it, 'the Crocus of hope can be seen poking through the frost', which would be a welcome progression from 'the Daffodil of despair'.

:o)

Oil Soars Above $69 After Goldman Hikes Price Target To $80

BY TYLER DURDEN
FRIDAY, MAR 05, 2021 - 10:25

Even as the rest of the market continues to submerge with the now traditional rug-pull at the open which sent Nasdaq tumbling after a modestly green open as Kathy Wood is apparently hell bent on liquidating all of her most liquid "growth" names to triple and quadruple down in her biggest losers, oil is surging on the back of yesterday's latest OPEC+ surprise which has set the stage for a $100 barrel of oil as well as a Goldman oil price target upgrade.

Amadan, it can change from one minute to the next. depends what orders they have to match in total.

I could buy easily earlier in the day.

Last part of last sentence should read :

'they wouldn't want volume sells if all they were looking for was buyers to match sell orders.'

Too much buying and selling going on !

:o)

Which, for me, would explain the intermittent periods of not being able to buy with ii, despite others who could buy, and should demonstrate to Iron why he could sell 10 million in one go during the drop.

They weren't dropping it to look for buyers at all, they were dropping it looking for sellers. As mentioned before, they don't want volume sells when all they're looking for is sellers to match buy orders. Obvious.

Iron

Well, the 'misleading' theory you've just concocted gets shot in the foot.

Bladder and I gave a 'live' account of what we experienced with ii.

You forgot to mention, I also posted to inform when I could buy on ii and further, that I could only sell 3 million in one go, so there was a balance showing the numerous circumstances using ii.

Others were writing that they could buy on IG without a problem.

So, there was a mixed bag of posts about personal accounts describing 'of the moment' available trading, from either side.

If you feel 'misled' by that, so be it.

Ditto Shaa (not Lloyds but last minute)

Sport

It is correct with ii.

Iron

Both Bladder and I couldn't get buy quotes from ii for parts of the day but that's been happening on both sides of the trading on many trading days.

If you don't believe it, I'm really not that bothered.

As for 'offloading big', the volume today was small in total and any buy or sell order can have a bigger influence on the price because of it.

Honest account of your opinion you gave there.

All the best with whatever you invest in Sol.

Yes but it's not just about me, what about Bladder ?

:o)

Having written that, can't buy any again now.

Advertised price is being played with, imo.

Happy with ii, Sport.

Beat Barclays and Halifax hands down.

Can buy on ii now Bladder.