Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
My amateur guess is MMs triggered stop losses so they could fill a large order. Could also be someone making a large sell I guess but the price went back up very quickly.
Nice big trade at 17:12:32. Looks like a buy of 142,007 shares @ 166.50p, trade value of £236,441.66. MM spent whole day dropping SP to fill the order maybe?
Can only see it on London Stock Exchange website currently:
https://www.londonstockexchange.com/stock/DDDD/4d-pharma-plc/trade-recap
Published yesterday:
https://www.thisismoney.co.uk/money/markets/article-8722459/Aside-Covid-19-lies-ahead-British-pharma-firms.html
I would not ask for price expectations on this forum, too many rampers and derampers.
All depends how confident you are that it's going up.
I've averaged down by buying at 1.75p a couple days ago but this share is only a minor part of my portfolio so I can afford to take the risk.
MMs battling a sea of blue.
MM wants some shares guys. I wonder how many will risk selling after how quickly the dip was filled yesterday.
@JoeyDiamond September 27th is the new ban date if they can't get the deal done. I think Trump wants this out of the way quickly, his speeches indicate a strong desire to punish China for Covid19. If America bans TikTok, I think UK/AUS/NZ/Canada will follow. Boris has already started phasing out Tech company Huawei from the UK's infrastructure.
https://variety.com/2020/digital/news/trump-delays-tiktok-app-download-ban-sept-27-1234776190/
I think it's Trump's plan to draw this whole thing out and really make China look bad. Would China really allow Tik Tok to pay the US Treasury large sums of money as part of this deal? If it's all about humiliating China then it seems to be working.
In my opinion, the social media personalities will all be jumping over to Triller rather than await a potential ban on Tik Tok. The uncertainty and also data privacy concerns may kill Tik Tok in America before Trump or China can.
This stock is very popular with day traders so I would not be surprised if we ended on 0% change today.
I'm holding long-term for when Triller is recognised as the next social media giant. It really is too late to buy in on the morning of such an RNS, this share goes up 100% easily when social media is mentioned.
Working okay for me now.
Is it in auction or something?
These images are helpful to see the value of 4D against the main competitors, they were posted on Twitter so I can't vouch for their accuracy.
The market caps are slightly out of date now:
https://pbs.twimg.com/media/Eh3S96lWoAAL0pj?format=jpg&name=large
https://pbs.twimg.com/media/EbYa0c_XkAIsZd6?format=jpg&name=4096x4096
Basically, there is a NASDAQ listed company called Seres Therapeutics that is worth over $2bn. It could be argued that 4D are a more exciting prospect at a fraction of the price.
Very nice find, thanks.
Trump delivers anti-China speech at UN:
https://www.foxnews.com/politics/trump-un-china-accountable-coronavirus-pandemic
@maidit What's your basis for the RNS prediction?
*if Triller benefits, then I'm happy.
Strange spread 1.75/2.00, MM possibly filling some large orders.
Maybe someone with L2 can tell us.
I'm not sure that two of the most dominant champions will be looking to spar in that ring after all of the work they're currently doing. Tyson looks dangerous in his latest training videos.
May be worth the money just to see Mike Tyson or Roy Jones Jr fight again and relive that golden era of boxing. Should sell well especially in this covid climate.