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To any potential buyers.....avoid this share, great company, but, so what....if market makers can manipulate a fall from 99p on excellent news, down 6 days in a row to 76p......SO FAR..... then what is the point. Plus the company is not helping itself by not releasing a RNS stating...it knows of no reason for share price movment.
Be careful if your intending to buy this stock. I hold a position. Yet another manipulation by mm, shares traded 34,000, stock down 3.5p again. with a 7p spread. After esports news, the share was marked up on the day, on strong buying to 99p, over a 10% rise. Then over the next 5 days(on good buying) the mm have retuned the share price back to before the news. It is clear the mm have refused to rerate this stock from excellent 6mths results, with full year results to exceed forecasts, plus esport partnership news. Unable to find data if a company can remove the market makers trading its shares.
Wow, down 3.5p on less than 10,000 shares traded out of 74,340,000 shares. That works out at <25 x 10,000=250,000 shares to sell, or 3.5p x <25, for the share price to equal 0p. Only dumb f market makers could make this kind of $hit up.
First time in this share. Tried to buy weeks ago @ 62p, but IG Index were only taking closing positions. Almost bought on day of excellent results, but had noticed the trend to be marked down the next few days after large ups.
Acacia Mining......very sadly, this must be close to the perfect meaning of......"between a rock and a hard place". GLA.
Official....Acacia Mining working for the black man.
Today, change of adviser with immediate effect.....no further comment. WHY?.
Sadly this was published on 13th of March...I sold yesterday morning, a small profit with div to come. The reason for my sell....delayed trading update....which by any metric, is well overdue. Add in recent large director sells. Name a company that holds back good news... better safe than sorry. I'll wait for update, then decide if I want to buy in again.
So, the day finished with more buys than sells....when the sells were greater the stock was down 6.5p, but now that the buys ended greater, the stock finished down 16.5p. What are these clowns up to?. Best guess.....Thu 11th May, was the company update last year, so update due next week.....so, lets manipulate the shares price down...say 20p before update, then, if update is good..... mark the shares up 20p. Now we are back where we started, without having to rerate the shares. If anyone is considering buying into TAP be careful. There is no problem, buying....they just never want you to sell...ie the manipulation above, and see post below.
Bought this stock six weeks ago. Have watched with amazement over those weeks, the manipulation of market makers on this stock. Yesterday, it had a spread of 6p.....this morning, due to a huge accumulated sell of 9500 the mm's marked the share down 6.5p (so far) and changed the spread from 6p...to 15p, even though 5000 shares bought. In six weeks, the spread has been: 1p, 3p, 5p, 6p, 7p, 10p, 13p, and 15p. The reason for the 1p spread was to accomodate their friends, with 100,000 buys.....for Joe Public, well, they pay one of the others. With such small share dealings, NO share, should have such ridiculously churlish manipulation.
Bid offer of 330p......rejected by the board.
It's a 330p bid.......today.
FTSE100, almost up 800pts, since low point during last Fri, and based on what.. absolutely stupid. Reality will kick in soon. Mark Carney to cut interest rates......well, with only 0.5% to work with....good luck with that. Oh by the way, does anyone know of any borrowers that only pay 0.5% interest. £250bn ready to go to the big banks, and just like 2008, the big banks will keep all the money, thanks Mark (that's from the big banks) Brexit, to get a new leader.....yes... a Remain candidate, Theresa May......you could not make this stuff up. Chancellor gives up on controlling deficit......borrowing to get out of control, again,........Labour completely lost........and the stock market soars.....is this a script for some American df movie?.
Sorry.... as you can see at the start of my post, this has been "manipulated".
************* did a weekly update on company short positions, but has stopped. The LSE(stock market) pubishes a daily short position on all shorted stocks, but you need Excell to read it. I have looked on LSE(sm) but does not provide the info on ALD. What I did notice.....another surprise... Aldermore has "underperformed" the FTSE100 by just over 60%. At 3:00pm today, ALD managed 5th place on the worst performing shares in the FTSE250.....still better than are usual first place. Oh....nearly forgot, add in more crap...Barclays on 11th Nov...equal-weight....310p reiteration.....today.....equal-weight...120p...reiteration.........don't you just love it.
Hi Onye, yes Morgan Stanley have increased their holding to 7.11%. Which as shareholders, is good news. Sadly, all of the very heavy buying of ALD shares, is beinging ignored by the market makers. There was a great opportunity today to mark the shares up on opening, or through buying, with a buy/sell ratio of over 2:1, and that has been on all four trading days. Challange banks today,....Shawbrook +21.43% (was over 27%).....Onesaving +10.32%.....Virgin +8.65%......Aldermore +1.82%.......but this must also be read in the context, that ALD, had been smashed on the Fri and Mon past. All the other challanger banks falls were about half of that of ALD. Aldermore, was the number one faller of the FTSE250 on Fri and Mon........but what is important here.....it was marked down...it was not sold down..........Aldermore has been manipulated to this position by df market makers.
Crushed......the number one faller in the FTSE250, for two days running. From 205p to 111p on day low. Then, FTSE, two days of HUGH gains, and ALD as usual, left miles behind.....then add in broker downgrade today, from JP Morgan Cazenove..... 275p to 165p. All the other challanger banks, lead the FTSE250, with big gains. Add to the confusion, massive buying of ALD, on ALL four days......and we are still at the bottom?. With FTSE massive gains over the last two days, we now must expect a sell-off....... If your share collapses on big down days....and stays still on great up days.......then you are in trouble....can see this go under 100p. Market makers, have decided, to ignore the strong buying, and the fundamentals of this company.
Just bought again. Made nice money on last lot, so risking that profit. On a two year view, should be a lot more than the 145p, I paid. The market is saying by this fall, that only a very few people, will ever buy a home again....... WRONG.
Don't you just hate, a smart ass.
Just bought. Unlike Frisby, it looks like an exit win from me. This is now a cheap stock on any fundamentals, although it could well become lower after EU vote, in which case I will buy more. This has been hit much harder than the other challenger banks, which I see, as a good reason to buy.