Member Info for SupremeSpod

Indeed. Oh well. Beer beckons. Cheers!

...of publishing data that is worthless? Even "Level 2" is crap with a stock like this.

Right, time for a beer.

If someone were to look at the following misinformation...
# Trades 35
Vol. Sold 1,079,599
Sold Value £84.42k
Vol. Bought 7,500
Bought Value £586.50
PE Ratio -0.874
Earnings -8.95
Dividend 0.00
Yield 0.00%

They would surely think WTF has happened, why is everyone getting the hell out of Dodge City!

And what, pray, do you think is going to trigger that event?

08-Jul-20 10:24:00 7.653 144 Sell* 7.66 8.00 11.02
That wasn't a sell, it was a buy. Just thought I'd top up with a round number and do a little test.

@quelfromage1 "It's not the MMS that report whether a trade is a buy or sell. It's sites such as this one and is a guess based on the transaction price and the prevailing market bid-offer."
Can that be manipulated?

Never attribute to malice that which can be explained by ineptitude.

Maybe the MMs are inept.

Well, according to the figures, there were only 5 "buys" today.

I think we can discount that as rubbish!

Do we know what sort of discount the Big Boys got for the 5p share offering? We're paying 5p for ours. that's a 50% profit if say you've been allocated 10,000 shares at 5p and you sell 10000 from your current holding to be replaced next week with the cheaper shares. If the Big Boys paid less than 5p per share because of discounts then they stand to make even more profit.

Hope the above isn't too jumbled.

This chap isn't even going to manage a curry after he's paid for his trade!

07-Jul-20 14:17:16 7.30 289 Sell* 7.30 7.80 21.10

Another pointless sell - 07-Jul-20 14:17:16 7.30 289 Sell* 7.30 7.80 21.10
289 shares!!! Insanity

@RZ121 - 07-Jul-20 13:11:03 7.50 21,254 Sell* 7.50 8.00 1,594 <--- was that yours? And did you pay 7.5p per share?

@YBD - if what you say is the case then the following is obviously rubbish...

# Trades 65
Vol. Sold 1,355,775
Sold Value £101.68k
Vol. Bought 12,084
Bought Value £906.30
PE Ratio -0.838
Earnings -8.95
Dividend 0.00
Yield 0.00%

It does beg the question "With all these 'sells' who's doing the buying?"...

It's difficult to read patterns if the data is useless! "Delayed Publication" etc...

Who in their right mind would sell 480 shares at 7.75p given the cost of transaction charges?

If people are making decisions based on the data presented then there's an issue. If the data is inaccurate then it's almost worthless.

"Better than a kick in the teeth, especially to long term investors." - indeed, about the nearest thing to a dividend so far.

So, buys worth over £500k "hidden" as historic trades from Thursday have surfaced after 5pm on Friday. Something smelly in this land lies!

Over half a million quid - would that have altered the SP or were those buys factored in on thursday at the time the purchases were made?

Had enough of LSE for this week. Time for a beer. Have a good weekend all.