African Consolidated Share Discussion Threads

[21trader] 29/12/2014 14:55

Trying to flush out some sellers it's full offer online to buy 0.75p

[21trader] 29/12/2014 14:18

Cheaper ones again 0.76p to buy

[21trader] 29/12/2014 14:10

lol it's almost a certainty when there is a buy somebody else sells some margin
of profit for the mm. We'd be over 1p now if they all could have held strong.

[21trader] 29/12/2014 13:52

Back to the highest bid of the day 0.75-0.81p

[shaktinicola] 29/12/2014 13:10

At least by widening the spread they keep the majority of buyers in

[shaktinicola] 29/12/2014 13:09

I know. I don't understand why folks bail out early when a share price is going strong

[21trader] 29/12/2014 13:07

No wonder they do not up the bid when sellers are forming a queue to bail out the mm's for excellent profits. Just think how much profit the mm's have made today in this stock alone ?

[21trader] 29/12/2014 13:05

It's almost criminal the online spread 0.725-0.835p bidding 0.725p when 0.84p
is being paid but they are wary of sellers if the up the bid so they will only
do that if they get enough buyers at 0.8p+

Looks good though. Those that did not panic when it dropped back are now sitting
pretty. Still a outside chance of it hitting 0.9p and higher they are paying 0.84p now so not too far off.

[shaktinicola] 29/12/2014 12:55

Mm's are widening the spread.

[21trader] 29/12/2014 12:51

Cannot get my head around somebody selling at 0.725p when somebody else has just
bought at 0.83p !

[21trader] 29/12/2014 12:45

0.789p offer now must be time for all those loss making sellers to now buy back 15% higher again :-))

[shaktinicola] 29/12/2014 12:26

Well I'm doing my bit for AFCR on top traders thread

[21trader] 29/12/2014 12:18

0.71-0.745p mm still being fed some stock to keep offering around 0.75p but I think later this afternoon the intraday high will be retested

[petersmith6] 29/12/2014 12:17

A slow rise is a good rise

[123trev] 29/12/2014 12:02

Buys,coming in,off we go.

[21trader] 29/12/2014 11:52

Exactly. You might as well wait for the spike and then turn your £200 into £250-300 !

I once turned £200 into £8000 trading for a friend but not by selling the moment
it all looks gloomy on the day trade.

[123trev] 29/12/2014 11:36

Yes,saw that makes no sense at all,with such a little amount why bother,just sit it out,plain stupid.

[21trader] 29/12/2014 11:35

129464 pays 0.84p sells 0.68p !

[21trader] 29/12/2014 11:26

Another mug.

30172 pays 0.87p sells 0.67p

It's quite incredible people think they can put £250 into a penny stock with a 10%+ spread and expect to make money within a hour or so. This is not the dot com boom where stocks were rising 100% in 5 minutes. If you can hold I'm sure later
that trade might have got back to break even but you need a bit more patience than that if you are going to make money trading with so little

[21trader] 29/12/2014 11:15

Seems the mm's want to play. Imagine the 500k sellers face they keep dumping and when they are finished the mm ups the bid love it :-))

0.7-0.733p online much better spread for now

[marmiesz] 29/12/2014 11:14

For the record I bought in 200k at 0.6 last week,Marmie

[marmiesz] 29/12/2014 11:11

Gamblers more like, and not very good ones. I'm in for the long haul here.Marmie

[mikeh30] 29/12/2014 11:09

21t - twonks traders who can't wait more than an hour!

[21trader] 29/12/2014 11:08

ha ha lol lol

28675 pays 0.83p then sells 0.6625p I'm right to call these people idiots who
on earth sticks £200 into a penny stock with a wide spread to sell the same morning for 20% loss and the commissions also add to 5-8% what a burk.

The sooner people like this are wiped out the better !