Member Info for Tradevestor

Predictions of Friday close, anyone? I'm going for £1.70 if no RNS this week, and if an RNS lands, £2.30, GLA

I hope so, haven't got any more spare cash to buy here, thrown the kitchen sink at it already. All these 1 post wonders and derampers as well as the incredible volume today definitely make me think a positive RNS is incoming

TheRampingPollock is embarrassing himself by showing how sad and desperate he is. As for Banjo, he's definitely got a few strings loose. I made his list too FFS

150p close? Holders rewarded for their patience

Ignore them

Through discussions with other market participants (fellow market makers, brokers, etc.) he understands that the recent increase in demand for shares is due to an anticipated news release from the company that the investment community overall believes will be positive. He therefore appreciates that it would be sensible to hold a greater number of shares going into this period than he would be accustomed to, so that were the news to indeed be positive, he would not be required to push the bid up so aggressively and create a spike in the process. Accordingly, during trading when a number of sells hit his order book, the market maker – having spotted that a large block of shares is available at a lower price through the hitting of a ‘stop loss’ (an instrument used by an investor to automatically sell shares once the share price hits a certain price, thereby limiting the investor’s loss) – duly drops the bid (on occasions significantly) more than would be considered necessary to balance the book. The stop loss order is executed, the investor is knocked out of his position, and the market maker now has a large supply of cheap shares that he can sell at a tidy profit to investors when the anticipated good news does arrive.

Still shows the game is firmly on

Solid update and press release, well done to all holders

Solid update

Who else thinks there will be an RNS tomorrow morning after the MMs hoovered up those stop losses? Hit recommend if you think yes

Timster, it's been an intense kind of day!!

Brilliant find rkhagi

I think the below summary from Myles Mcnulty's must read piece is what happened here today....

Through discussions with other market participants (fellow market makers, brokers, etc.) he understands that the recent increase in demand for shares is due to an anticipated news release from the company that the investment community overall believes will be positive. He therefore appreciates that it would be sensible to hold a greater number of shares going into this period than he would be accustomed to, so that were the news to indeed be positive, he would not be required to push the bid up so aggressively and create a spike in the process. Accordingly, during trading when a number of sells hit his order book, the market maker – having spotted that a large block of shares is available at a lower price through the hitting of a ‘stop loss’ (an instrument used by an investor to automatically sell shares once the share price hits a certain price, thereby limiting the investor’s loss) – duly drops the bid (on occasions significantly) more than would be considered necessary to balance the book. The stop loss order is executed, the investor is knocked out of his position, and the market maker now has a large supply of cheap shares that he can sell at a tidy profit to investors when the anticipated good news does arrive.

Hope too many didn't panic and sell

I don't think shares are for you....your panic makes me feel embarrassed for you

No traders or idiots, a few knowledgeable posters such as Dibs, upmega and unkrw, no noise to block out such as the comments that have appeared since yesterday. I've been here since 18.5p, not topsliced but topped up all the way up to 70p, because I believe in ODX. Traders and rainbow chasing rampers spiked since yday and desperate derampers trying to get in cheaper pls go do one

Major irritant

Thank you both for your informative posts. I bought in at 93p having read Myles' thesis on AVCT and have learnt a lot from RichKen's posts. I have a very modest holding here compared to you both, £7.5K of shares bought at 93p, and will look to add more when I can. I'm in ODX and GDR too but this is the most exciting share for me IMHO. Thanks again to the both of you and I hope we all do very well out of this, whatever our targets are. I haven't sold a single share yet but maybe tempted to sell some of my holding at the £3 mark, GLA

I'm hoping there is news soon, if only so that I don't have to read TillyWhiz's excruciatingly painful medieval ramblings any more!!!

Bring on next week!! GLA