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Ha ha, then it turns on a penny, pretty hard to read this ATM.
about to drop to 2.6 on the bid by the look of it
"Some big buys going through"
Once the venezuelan market opens, this is going to BOOOM!
MM's make the market, yeah they have commission, but why the hell would they want to be holding a load of stock in a micro cap?
Honstly, stop BSing youself and more importantly others.
Majority of MM positions on the bid are at 2.6. You are just in the second half of the dump now with PI's dumping at there own personal thresholds, -10% a day most likely without any news.
They do, but are they selling them?
@mibo, from what I can see the majority of BRH's sells have already happened, hence the TR-1.
https://www.lse.co.uk/rns/RMS/holdings-in-company-cobl9mwugdny238.html
Because they can't even out the sides of the bet, that is not as good a thing as you think it might be.
What is this Seller chat about then?
It isn't one seller, it is a large chunk of the people who bought under the current price and are taking profits. Some of the cack that comes up on theses board.
Have literally been saying on here for the last two days this is the case. Welcome to the AIM pyramid scheme.
@wentsland would love to know where you are getting 0.7 from, as I just don't see it.
@Chris2 not to tell you that was a terrible idea, but that was a terrible idea.
There is currently only one MM holding it back from 1.25 and then MM prices are all the way up to 1.6. One little bit of news and you have well and truly crystalised your loss.
Not to forget Iron, which is going from strength to strength at the moment.
@normbeef good spot, yeah once it drops through the 92 support level, fun times will be on us. Next stop after that is around the 88 level and then we should really see gold and silver pick up some serious momentum.
https://www.tradingview.com/x/aLQbDQt8/
To be honest, I am still surprised it blew through the 50MA, literally pointless selling at this level for me.
@EWT98 that is my guess, but who knows. MM only shares have an air of mystery to them, the only time the price seems to run is when MM's loose control due to volume picking up on news with all the MM's start acting independently.
Indeed Chris2, everything you say is trying to bring the price down to get an entry and you just admitted it.
Most of what you say is complete BS!
The pattern I have generally seen with AIM shares like this. Is firstly you top out, then you have two days where the people who have bagged drop out at the lower levels, then you have 10% drop for days while you slowly haemorrhage people from the upper levels taking a loss or less of a gain than they expected.
That is all dependant on no news flow though and in a share like this where there is a lot more possibility, there are definitely chances for that to turn around.
@1509 the biggest issue is that as the share has rocketed up, support hasn't been properly generated at every level as it's risen. This makes it very easy for it to drop down quickly. Also means it can swing wildly into oversold as has been seen previously.
Yeah. Typically you would want to see strength at this time of the morning if a share was going to rebound.
You generally get a dip into lunchtime and then volume picks up again around 3. Not looking very promising, might be a -10% day or another -30%.
Have you listened to Elon Musk speak?