BNN Technology Share Discussion Threads

[genises] 08/11/2016 14:13

wanting premium at£1.135 for 7000

[genises] 08/11/2016 14:10

nice 30k buy.

[ayesha4] 08/11/2016 14:03

Take advantage of these prices - you will not see these in the new year

[toyin] 08/11/2016 10:25

Shutitrev

No problem at all.

Thank you

All the best

[shutittrev] 08/11/2016 10:12

Agreed toyin. My apologies for reacting to her nonsense. It is now filtered.

[toyin] 08/11/2016 10:05

Guys

This board has descended into a cesspit of rubbish because of one person, please can we just ignore and move back to sensible debate please?

All the best

[shutittrev] 08/11/2016 09:58

Why do you frequent this thread?

[topazfrenzy] 08/11/2016 09:51

I have someone to do my shopping shuttitrev, but thanks for reminding me to place my next order.

[shutittrev] 08/11/2016 09:47

Stupid tart. Run along and get the shopping done.

[genises] 08/11/2016 09:47

chee iam sure have I heard those same words about 50 times from you.
I take it you had no bottle in buying in the low £1.00.

[topazfrenzy] 08/11/2016 09:29

Well, I'm no market maker but I can tell you now that this stock is going down down down as this jam tomorrow stuff won't wash for much longer.

[mlf51] 08/11/2016 09:19

On the LSE trades for BNN there are repeat trades showing,a glitch?, or does it somehow affect the share price

[mirandaj] 08/11/2016 09:15

GENISES, Just a few points about your posts on Market Makers while waiting for the result of the most peculiar USA election.

A market maker's job is to make a market in a share - otherwise all would come to a grinding halt. You seem to be scaring people by making out that market makers are schemers when they are just doing their job.

"a dealer in securities or other assets who undertakes to buy or sell at specified prices at all times."

You are muddling things up about 'SETSmm'. It is the same as SETS but for less liquid stocks. You appear to be mixing some of what you say with SETSqx which is for even less liquid stocks and is quote driven with an order book that only uncrosses when they have one of the intra day auctions. There are other points one would question but here is not the place to explain.
FYI the big bang was in October 1986 and the crash (black Monday) was in October 1987.
The electronic ORDER (instead of quotes) book (SETS) was introduced in 2003.
Your expressions behind NITBB and NITTSO? A market maker is not allowed to put an order up if they have no business behind it; i.e they must have a client behind the order or an intention to deal on their own account. If they layer the order book with a load of orders at different price points that they have no intention of filling they can find themselves in trouble. There are all sorts of rules they have to follow and are watched.

Again, how can a market maker see a stop loss? There is no place for them to see that type of thing and I doubt they have time to trawl bulletin boards all day long to see what the general feeling is! Of course they know that stop losses are placed - there is enough publicity about it. Market makers do not have 'informational advantages'. Of course market makers deal with each other - it is how it works - if not enough stock in then they have to get some in.

This code business theory you write of is completely unrealistic and would not be allowed. It is unfair to lead people down the wrong path.

Simply put - if there are sellers then the price will go down if there are no buyers to pick up the stock. If there are buyers then the price will go up!

[snowyflake] 07/11/2016 18:51

Genises - thank you. May I ask you how matters change, if at all, when a stock is a sets stock?

[genises] 07/11/2016 17:43

"Guys - it appears there is a fixation upon MM manipulation on this BB. Found this research article posted by another poster so can't take the credit - very insightful;

"Price Manipulation: The act of artificially inflating or deflating the price of a security. In most cases, manipulation is illegal. It is much easier to manipulate the share price of smaller companies, such as penny stocks, because they are not as closely watched by analysts as the medium- and large-sized firms.

Now a few things you should know about market makers:

A market maker is not always trading with you and may trade against you creating a conflict of interest

A market maker can use hidden orders to avoid disclosing his real intention and to hide large volumes.

A market maker can use large fake order sizes to intimidate traders to run in the opposite direction. This is referred to as NITBB (no intention to buy bid) and NITSO (no intention to sell offer). For example if a market maker wants to run the stock down he will create a virtual institutional size ask putting fear in the traders that the stock is going down. The market maker will then fill his buys at the lower prices. The reverse may also be done.

A market maker may display a real size to show that liquidity is there to attract big interest

A market maker may use a fake order of a large size to hold the movement until he is done buying or selling his position.

A market maker can use his real identity or can hide behind an ECN (electronic communication network) depending on his intention. He can make an inside market on both sides and under different identities
Market makers may also trade back and forth among themselves, filling their own bids, creating a large decrease and spooking everyone who is uneducated into selling also.

The market maker (specialist) is granted various informational and trade execution advantages and has a lot of power. They can see everything. WHEN YOU ENTER A STOP LOSS ORDER THE MARKET MAKERS CAN SEE THEM! You may notice from time to time a stock hit a short term low and then move up again. Market makers will do everything in their power to hit the stop losses to build up more shares for their account if they believe the stock will rise again. A stop loss order becomes a market order when it is triggered. If the volume of the bids are low your stop loss will trigger a much lower sale price and bring the stock down with it (referred to as slippage).

Watching the trades go through you may sometimes notice very small executions. Some people believe, and remember this is just a theory, those small numbers could be the market maker signals to each other...

100 I need shares.
200 I need shares badly, but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.

Don't be manipulated by the manipulators! Buy on the dips, don’t get emotional, and pull your stops. If you must use stop losses be very careful. Buckle up and enjoy the ride. If you cannot stomach the ups and downs then buy a savings bond!"

[charlesdarcy] 07/11/2016 16:43

" 40 shares seems to come up a lot

[newmanontheblock] 07/11/2016 14:57

2 minutes of very funny business between 14.49 and 14.51!!!

[genises] 07/11/2016 14:57

MM at least one is still short of stock.

[genises] 07/11/2016 14:51

100 I need shares down she goes.

[charlesdarcy] 07/11/2016 12:30

He/ She probably a MM ....

Still playing around with the stock yoyo stuff still happening

[snowyflake] 07/11/2016 11:48

I reckon it is possible that he/she has, Genises

[wla2510] 07/11/2016 11:47

well I've got 500,000 now at an average price of £1 so you can either split your sides laughing or eat pie in 2017...