Member Info for Toughatthetop

Is there an element of UK people selling before end of tax year to use up this year's capital allowance before re-buying in their ISA next week?
I was certainly considering it but decided that selling on Thursday this week and buying on Tuesday next week was too risky because this share is bouncing all over the shop. I will just Bed & ISA next week and take the small hit on my capital gains tax...so any temporary share price fall actually works in my favour. Just as long as it is temporary....

I hope we get a Nasdaq listing but I wonder if management don't push it because it's not in their interests i.e. it should give us a significant SP boost.....so management would be better to get another year or two's worth of share options before doing it. But the big shareholders will be squeezing their balls to make it happen...

Thanks Stevie.

I have to sell this tax year to use my Capital Gains Tax allowance (note to the Village Idiot: despite your best efforts I am trying to maximise tax reliefs to avoid tax on all the lovely gains here). And I don't want to sit on cash waiting for a buying opportunity because it would be sod's law that they will announce a sale and the share price will rocket! I'm just scared this baby will fly on the back of any positive news.... :)

At the beginning of the year I was optimistically hoping we would get to £5 by the end of the year. We passed that within the first 20 days! Given I'm not expecting to sell (unless something unforeseen happens in life or business, or we reach £20) then I want the share price to stay where it is until April 6th so I can shove another £40k worth of shares into my/wife's ISA's and sit back and smoke my tax free cigar...

Easter inconveniently falls between the tax years, so I'll have to sell some on 1st April (from trading account) and buy back in ISA on 6th April, which makes me nervous even though it will be 'overnight' in terms of trading days. Anyone had any experience of selling and buying again over the tax year i.e. does the share price drop a lot at the end of the last day of the year....and go up at the beginning of the first day of next tax year?

Thanks Rusty.....I appreciate not an easy question to answer.
As a Blinky (long suffering/recently loving it) shareholder it would be nice to get some closure. On the other hand I would miss the self-harming in a strange kind of way.

A couple of months ago someone on this BB kindly shared a link to a video where the guy from Schroders (I think) explained the virtues of TRMR, why he believed in the company, and I think he said he believed/hoped/expected the company to be bought this year.
Does anyone have a view on that and if so what price it would we might expect?

I think it was 19 for 16 share offer i.e. 0.84 dilution. This means that £5 TRMR = 42p BLINKX.

Having slept on it, selling a third of your shares after a good run is perhaps a sensible call. Maybe he needs the dosh but I would hope that would have been explained in the RNS if it was the case....so I have to assume that it is merely the CEO taking a view.....which does send a signal to me that he doesn't expect things to materially improve from here for a while.

But I'm a (long suffering) Blinkx shareholder so ain't selling. Trying to keep the faith... :)

You have to admire this share. Just when you begin to relax and feel optimistic it pulls the rug from under your feet again.

If you'd asked me a few weeks if I'd be happy with 313p share price by now... I'd have definitely said yes. I still look to the 700p target price but suspect further drops are on the way before pick up again in Jan. Whilst the BOD have done well this year there is no denying that the CEO share sale has taken the wind out of our sails. Very naïve but I'll give him the benefit of the doubt that he needed the dosh.

Hang in there. Let's hope we can finish the year above 300p. That would be a good base to start a 2021 assault to 700p!

Are we still being sued by those monkeys?

So, do these small trades push down the price despite what is going on? I just don't get it. Today we had buy volumes of over 200k and sells of less than 30k but the share price goes down. Doesn't conventional wisdom tell us that if there are more buys than sells then the price should go up, right?

Pretty much every day this week we've had more buys than sells but a unpleasant fall in share price. Isn't that weird?

To be fair to you (stt1), in line with management forecast does imply to me that it is below market expectations.....but also tells me not to panic.

I strongly believe that a more capable and focused investor relations team would make a world of difference. That and also delivering real profit of course....as a number of people here have commented.

Rusty. Fully agree. I do wonder if actually stt1 is just a piece of software programmed to send these messages on a daily basis to try to suppress the share price because surely no individual has the time, energy and inclination to keep it up....?

That said, I do find 'management expectations' a thoroughly unhelpful and undermining terminology to use...

177k buys and only 33k sells.......but the share price goes down.

I know someone will tell me that there is always a buy for every sell (and vice versa) but surely buying pressure should be pushing up the price?

I just can't get my pea brain around it.....

On this site it quotes the bid price of 232.50 and ask price of 237.5....so why is the share price 240.0?

Stt1 - I think the early TU has caught most of us by surprise. It seems to me that the only reason is because they had to announce the CFO change, which would have made the SP understandably plummet if it was made on it's own i.e. a change of CFO days before a TU was due would have smelt pretty bad.

So the big question is why was there a change of CFO? Normally due to bad results or accounting anomalies but that doesn't appear to be the case. My hope is that he was just not up to the job so R1 took a brave decision to boot him (but packaged as 'resigned').....but I don't understand why this couldn't have waited a couple of weeks....?

109k sells v 109k buys at the moment.

But share price is going up so that's all good....!

We also need a bullish outlook/forecast as part of the TU for our price to really increase.......'in line with management expectations' will only serve to stop the price from plummeting.

Certainly feels like it is being held back below the £2.

Feels like this share in the last few days has been trying to nibble away upwards rather than clinging on before going downwards. But what do I know....?