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Sounds like it. That's one hell of a margin call.
With all the buying, the day is actually 1.6m sells Vs 1.4m buys. Some real support shown.
No one is being negative Charles. People are just discussing reality.
Meta looks to be opening 22% down today. Could it be stage 4 decline for Zuckerberg and his attempt to rehash a dying social media brand.
Kick, my point is more about the read across, not that Dark is tied to their fortunes in any way. Shares move based on news events, anticipation, general market conditions and buying or selling sentiment. If the US markets decide to push some of the big tech names down, by proxy there is the chance of a knock on effect on shares like Dark. There are positives and negatives of a substantial US share buying base is all. All I am saying is that US shares are in a state of flux at the moment and the indecision is filtering through a touch and the direction of travel will have a n impact, be it most likely small. I think we have already seen the bottom in unless there is a bigger crash.
I agree. It was the extravagance of the target that made me smile. We couldn't even stay at 25-26 for more than a few minutes when the markets crashed down last week.
Big hits last night on some of the FAANG stocks. Wasn't surprised to see Dark down a tad today as a result. The markets are waiting to see whether the preceding bounce in tech stocks was of the dead cat variety or meaningful. As Dark attracts a lot of US traders it is exposed to this indecision a little and is range bound as a result. As mentioned, I still think there might be a bit of a sell off before a long term trend is established. Simply because the process of markets bottoming is just that, a process.
Long term I think the inherent value will be realised, it's really just about the wobbles on the way to getting there in the short term. If you are of a long term view, it makes not a great deal of difference.
At 22p, I'd be buying a very very significant amount of additional shares lol.
https://twitter.com/Stocksniper28/status/1489171722003693577?s=20&t=1sKVl4WI-eSfPX0fIs7iig
https://www.china-briefing.com/news/china-merges-three-rare-earths-state-owned-entities-to-increase-pricing-power-and-efficiency/
China consolidating its grip on the REE industry... Bring on that offer from Total.
Looking strong today. Alphabet earnings v good. Bodes well for tech shares.
Lots of commentary re: a bear market rally in the US with money coming back into tech stocks this week Personally I am expecting one more sell off and then we will see money coming back into Dark and a new longer term uptrend. Current SP is setting this up perfectly. If it happens just don't sell the dip!
The news is coming. They have literally spelt out that the optimised DFS unlocks the next steps and it's getting on for 5mo since we heard anything on it. This will be chased up when it does. As always volume dries right up at the bottom before it moves.
Seems like the selling is easing off - all this needs is a bit of buying power and the next leg is on.
What is interesting is how under normal AIM circumstances, let alone when markets are so flakey, sells like these would really drop the bid. So far not so much of an impact. So if it is a seller (distressed or otherwise) they are being let out very easily...
Sounds about right to me MB. Very strange trading indeed this last week or so. It smacks of a distressed seller but obviously hard to prove.
This seller is certainly dampening proceedings. people were buying at high 30's just before xmas and now with a near 33% discount, we now can't even hold 27p with no change in fundamentals...
Lol it's a turn of phrase. I am fully aware it isn't 1923. But thank you.
Updated chart if anyone is interested. I note we are right at the 200MA and the MM's decide to drop the bid on one sell. Games, games and more games. However a few bullish signs appearing, regardless.
https://twitter.com/Sanch3z599/status/1487056595959922699?s=20&t=at-YVgI9xecFdL8mkeVzsw
Equally Matt Bull obviously knows the warrant situation inside out, he has loads, alongside his large holding. No doubt part of the timing of news and silence is related to synchronising timelines for the benefit of his own and others shareholdings. Pretty clear the time to accumulate is when weak hands are capitulating, markets are crap and warrants are suppressing the SP. I've added at 4.25 today.
Looks like it, the MM's managed to shake some pretty weak hands on the last two dips. With China and Russia positioning as they are for land grabs and relationships with the West deteriorating, it's only going to make MKA's assets more and more valuable. As usual AIM is completely unable to recognise this and attribute anything like the correct value.
Depending on your rules, averaging down is an option.
Prices on offer now are the same as at the depths of the worries over Omicron and Christmas. They did 20%+ from these levels without news.
For each to decide, but it's very clear that the only reason the SP is where it is is related to warrant clearance and choppy markets.
Scratch that it's NT for any amount...