The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Haha yes, that panned out really well.......
:-)
The same as the last 5 times you’ve asked this….
Something about a new Covid variant. You may have seen it in the news……..
Just a bit bizarre why every one of your posts puts a negative spin on things.
JMAX, for someone that apparently holds these shares, you do spout a lot of negativity.
The cynic in me thinks that perhaps you aren’t actually invested and just want a lower entry point :-)
We all know that there is zero chance of POO getting anywhere near $30 in the foreseeable.
They know where this is going……
Number 2 rule of investing - don't listen to d*ckheads with agendas......
Just to remind everyone, in August this idiot was slating TLW and telling us how great ENQ were. Now, guess what, he is slating ENQ and bigging up TLW. Couldn't make it up.......
Should have left them in TLW........
It seems to me that the current SP movements are based on the direction of POO, rather than the price itself.
As the trend seems to be that POO increases when the Asia markets are open and drops when London opens, we are dropping in price.....
Need the trend to reverse
Ok, so we are in agreement that actual trades take place in the auction, which confirms what I thought.
It’s been mentioned several times that the 33million trades are sells - but in order to ‘sell’ you need a buyer. My question is, why can’t the buyer be shorts closing ?
Who buys the sells ????
Thanks Anton. That backs up what I thought.
Perhaps I’m not being a ‘pilchard’ after all, 60pParty….
The last paragraph says that the auction is a good time to buy and sell…….
Can you explain this then please -
Why is an uncrossing trade important?
The uncrossing trade is only important if you are involved in the auction.
Auctions can be great places to buy and sell stock. To get involved in the auction you need Direct Market Access. You will need to find a broker that offers this
So you agree that the total volume of trades for the day includes the 33 million ?
60p, not according to this -
https://www.shiftingshares.com/what-is-an-uncrossing-trade/
Actual trades take place……
The question is, if there was a big seller, why didn’t the SP drop significantly?
I don’t fully understand the UT trade, but fundamentally it’s matching buyers and sellers at the same price. Therefore, could it be a large institution selling to the shorters, who are buying back, at an agreed price ?
I guess we will know on Monday.
Could it be institutions having to sell as we dropped out of the FTSE250 today ?