Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
Google just shows the last reported trade which in this case after 4:30 is the last late reported trade. If its 2.24 it likely from the spike this morning. Might see it on the LSE list about 15 mins after it registers on google.
Lovelife - can see about 80m shares bought in 8 trades before 8:08 am. Thats the trades we can see. Probably these late reported trades (there are more to come through) were also around that time.
It was very deliberate. Why would you pay over 2p when you could have got them for 1.5 by just spreading the trades through the day?
It took 8 reported trades to move this up to 2.4p this morning. someone wanted this to rocket this morning and they had the funds to make it happen. A lot of profit made on that today. Nothing to do with mm's.
It can happen again.
With our drill and it's brand new rough neck I'm surprised we haven't done it already!
Its really not a great idea to invest 'everything'
Lots of de risking this afternoon. Next RNS is a massive inflection point for this sp. Glass half full seems appropriate for me.
I might diamond. I might.
Well we need to sack the pumping crew. All that pumping and the doll still looks like my nans spare blouse.
Yeah - mad scramble - on this message board.
NT to post drivel before 16:30
They are trading barry. Damn them all!!!! Traders trading. How dare they!!
Put your pumps away chaps. You need cash to buy about 200m shares in the first 5 mins tomorrow. That will get it back to 2.4 and this time I promise not to be brushing my teeth when it happens.
To be fair it took 8 trades to get this from 1.5 to to 2.4p this morning. So anything is possible.
I think for the last hour the pump has had a hole in it or you lot are not pumping correctly.
NT to pump.
'great' even
Its been greta but right now it's in neutral heading for the siding for the day.
Better luck tomorrow.
Risk is - there is risk.
Stay in bed. It's too risky out there. Watch out.
NT too risky.com
Just look at it rocket sideways on a cushion of endless drivel.
NT to drivel.
The mm's a re just there to create a market. They are concerned with maintaining liquidity by moving the sp up or down depending on the market. They do not want to take on lot's of shares for speculative reasons. For the mm, holding large number of shares is bad practice as they risk significant losses if they cannot move them on.
Todays spike and dip was purely profit taking off the top. mm's then have to move the sp down to sell the shares they are selling. It then becomes a bit of a panic and the mms then get lot's of sell orders so need to drop the sp even more until they can find that right level of liquidity and balance.
I'm wondering what on earth caused the sp to spike to 2.4 so quickly this morning and i would suggest that the answer is that some punters have accumulated a lot of shares over the last few days and even week s and have enough to influence the sp.
For illustrative purposes let's suggest a trader as 100 shares. The mm's have 10. trader puts in an order for all 10 at the ask. Then trader says I want 10 more. mm is forced to put the bid up to encourage sellers to cover the buy order. Trader asks for 10 more at an even higher ask. Trader is pushing up the sp. Trader then sells the other 70 at a significant profit at the new bid price. Overall our trader is well up and could be said to have influenced the sp to get to that winning position.
Whilst the trader sells all of or some of the shares the sp starts to fall and others follow - perceiving a problem. Meanwhile mm is still just reacting to market forces - lot's of selling so to move those shares on the mm has to reduce the sp to bring new buyers to mop up the sold shares.
mm wants no shares in hand whatsoever.
Craignews. Both of my top slices came from investment I made at .25p. So any logic that suggests I haven't made anything is kinda odd. Also, by investing some back today at 1.45 I will only lose money if I can't sell it at a higher price - you are missing that part of the equation. I'm just advocating that people think carefully about what they do with profit or even if it's not profit - on a big rise.
Most of the almost tribal messaging on here seems to suggest you can only ever be in or out whereas being both works best for me....
It takes a bit of nerve if you are not used to it but every instinct I have says do the right thing to preserve some capital. Not telling others what to do but my actions last few trading days. Top slice 20% at 1.2. Top sliced another 20% at 1.55. Bought back at 1.45 today (but only half of what I have too sliced already).
Clearly the best outcome would have been if I had top slice another 20% at 2.4 but was getting ready for work so missed it. No point kicking myself. It looks to me like this will have another go at 2p, maybe today, so will see how it goes. But I have dry powder if it goes wrong (don't think it will).