expect to see rapid increase in buying this pm. Book manipulators do not like to be too lopsided in their position when any news, report, or figures are released. Nasty shocks can cost a lot of money. The manipulators here are way over short in their position and still have a minimum of 1 billion shares outstanding to get equity. I think they will buy around 200m more today and hope more than that. Definitely IMHO, educated guesswork.
Will see if this is confirmed over the next hour or so. Sells are on top again in the first hour or so but to my mind looks like a planned move. as yesterday dropped on a few Im sells and a 5m sell, almost exactly the same. If we see a few 6-8m buys in next hour that is bounce confirmed. Actually don't think it is certain as yet, need to see an acceleration and consistency in the £10k buys imho.
Buying at 0.125 you need 0.142 sp to sell at 0.135 for 8%. So a 15% rise from here to get a quick 8%. Traders won't be interested and like it or not its traders that drive the rises. In other words the spread is killing it.
A fair start on the long route back29 Nov 2022 11:53
They are buying back (?) identical 7-8m trades as sold (?)yesterday. A good start but would like to see it a bit quicker. I will say this for the tenth (twentieth?) time. Those shares that were sold did not exist and now they are buying them back to balance the book. They have a long way to go, around 2 billion shares imho and if they have to buy them all back it spells good news for holders from here. All imho.
Just had a great idea. I will search all the charts of companies on AIM and all those whose prices have dropped consistently over the last few weeks (must be dozens) I will post a message on their BB that all I can see is its going down every day. Then I can consider myself an investing genius.
Indeed and as all us long in the tooth investors know shares just keep dropping until they hit zero. Particularly ones with £2m cash, the value of the listing and business streams that make some money.
than those who sold at the right time rubbing holders noses in it and that's folk who sell at the wrong time deramping to make themselves better. Hopefully there will be plenty of the latter along soon.
end of the sells. NFTs, Mexico, ME, India, Vodaphone, scarcity of eggs, Foden not getting a game nor anything else is driving the SP falling. Sells pure and simple and they must end sometime.
As Mr Spock would say when the aliens unleash a weapon the Enterprise cant defend themselves against " Fascinating". With well over half the issued shares (my calculations, could be wrong) sold in the last couple of months the end game cant be far away.
RE: Warning signs have been there28 Nov 2022 12:16
Disturbing post. I would imagine anyone issuing death threats on a share forum would be dealt with by the police. If the accusation is untrue its a new low in share bashing.
1) There is going to be a placing to satisfy the final settlement of these sells approved and voted for. 2) Sells created by MMs to drop SP to accommodate a large buy that currently cant be accommodated by a placing. What it cant be is someone holding all these shares and selling them.