Minds + Machines Share Discussion Threads

[la forge] 22/1/2017 21:07

DO BE CAREFUL

[la forge] 22/1/2017 21:03

Chinese New Year soon to arrive

The year of the Rooster cometh

[simonsaid1] 20/1/2017 16:22

I spoke too soon - our large buyer is back. 180k shares at, once again, 9.25. Every time the price starts to recover this happens. Check the data for yourselves.

[hjb1] 20/1/2017 15:45

simon, yes I fully expect the update to provide some decent upbeat reading for us all.

[simonsaid1] 20/1/2017 15:21

The major buyer of MMX who has been buying multiple lots of 250k shares at a time since the last dip (doubtless the MMs engineered this dip to shake the tree and fill the order) finally appears to be finished. Volumes have returned to normal, both in terms of volume of trades and value of trades. Strongly suspect a fast curve up for the stock price from Monday's update.

[ftangftang] 20/1/2017 14:52

VIP

The new top-level domain. Vip since last June open registration, all the way triumphantly, the development is very rapid, its registration volume has exceeded 560,000, becoming the world's top ten new top-level domain. Plus,. Vip suffix has been adopted by the Chinese Ministry of Industry and intelligence qualification approval, access to the site for the record, the next both for investment transactions or the establishment of applications ,. Vip domain name in the country has a broad market prospects.



also ...

January 5 news, today well-known investors in .vip Zhang Yao broke domain exchange group, has the best fight they hold a single domain pai.vip sold to the terminal, sold for 68000 yuan.




and...


According to industry media news yesterday, the best single-character domain names in the country i.vip platform 700,000 yuan knot shot, one of the biggest recent news .vip domain.




FWIW I strongly believe the Chinese market will be the game changer for our market

cheers
ft ft

[simonsaid1] 18/1/2017 11:19

Yes this is what I suspect too. I don't like to sound too bullish here or people accuse you of trying to stoke a fire, but there is still no negative news to account for MMX's recent dip and the buying activity and wide spread are suspicious.

[hjb1] 18/1/2017 10:51

maybe buying in anticipation of some decent news next week? Let's face it they are achieving something that the majority of AIM companies can't do and that is a growing profitable business with millions in the bank and ZERO debt, can't be bad eh?
I would have thought this is a great time to buy this stock, imo.

[simonsaid1] 18/1/2017 10:31

Apologies to anyone who saw this on the other thread, but an observation: I have noticed a number of large trades in MMX the past few days, which keep bringing the share price down when it starts to spike. These are generally for 250k shares at 9.25 and all have the trade type 'OK', meaning delayed publication.

I don't have level 2 so I can only spot these as they fly by, but I've noticed a few and I'm fairly sure they're buys not sells. This suggests to me a 'tree shake' is going on, with the market maker attempting to shake out enough PI's to fill a huge buy order. The volumes have been high this week, yet the actual number of trades pretty low, another indicator.

Can somebody with level 2 check volumes and see if there's anything to this? If it's true then it's a great buy signal. I've been bullishly topping up, fully accepting that I may have to do some hat-eating at some point.

Cheers

[ftangftang] 16/1/2017 15:23

MMX Partners with Certified Horsemanship Association in US.



LAW



utube promo and comment

Cohen Pacitella Roth on .law


Kreindler & Kreindler on .law


cheers
ft ft

[simonsaid1] 16/1/2017 14:45

Busy day. Volume is now at over 700k, almost 40% more than the daily average. I note the largest trade of the day of 250k (appears to be a buy) is marked as delayed publication. What's all this lark about?

EDIT: Day ended at 2.63 million volume. That's 3 times the average, and the stock price rose by over 2.5%, so it's not oversold. Whatever is going on with MMX it's certainly not tumbleweeds.

[the grumpy old men] 16/1/2017 11:14

The Company will issue a pre-close statement week commencing 23 January at which time the publication date of the audited results for the twelve months ended 31 December 2016 will be announced.

[simonsaid1] 16/1/2017 10:54

2.5% up so far, and almost half the average daily volume already achieved in the first couple of hours trading. Today may be the last chance to pick this up for <10p.

[simonsaid1] 13/1/2017 14:56

Some big trades this morning, I topped up a chunk too. There is no fundamental change to the investment case to account for this dip, so it was a good moment to average down. Sentiment toward this stock is a lot more positive on LSE forum than here for some reason.

[waterloo01] 10/1/2017 15:02

I'd be careful. The big increase in registrations was due to VIP. This is now down to a trickle and they don't have another one that's anywhere close to being as important.

All the best

[simonsaid1] 10/1/2017 12:20

Ouch, this is getting worse and worse. Nothing but occasional positive newsflow yet this continues to haemorrhage. Some sort of manipulation going on? I see no reason not to top up ahead of the trading update in 2 weeks time.

[waldron] 08/1/2017 11:16

trading statement for the 12 months to the end of December due on January 23

[simonsaid1] 05/1/2017 13:05

Looks like we've found the bottom here, but it's been pretty brutal. Seems there were a lot of stop-losses around 10p, precipitating a flood of sells once it crept down there. Fingers crossed for a recovery as the value vultures start pecking.

[ariane] 04/1/2017 11:03

would the tax year end affect this share for investors as we approach March end

[simonsaid1] 04/1/2017 11:00

Fair enough, this is really just a difference in risk tolerance. This may have sunk a little too deep for me as well, if the company itself wasn't looking in such good health. It's a rare cash-generative, well-managed business with a relatively simple business model and fresh leads in a key emerging (emerged?) market. The abundance of sellers could be some new year strategic shifting going on from some large institutional or even retail investors, which may be to do with general sector realignment rather than a particular distaste for MMX. Who knows. If I had the liquid to do it I would be topping up now.

[ariane] 04/1/2017 11:00

I tend to believe 10 is a important support and if not substantially broken will move
back towards 12 and beyond

if 10 is broken it might well move to 8

in the meantime news is key and often positive

may 2017 be the year of a huge break out due to A bull in the vip China SHOP

BON CHANCE

[davr0s] 04/1/2017 10:44

My methods very simple - I buy breakouts and add where fundamentals are good too. I need both. With a down trend which mmx has got itself into recently, there are clearly more sellers than buyers. I don't sell every tick but for me a break below 10.5 was a red flag as not enough buyers prepared to support the price for whatever reason. It keeps me out of big losses if that's what they turn into - who knows where the price will go to. It's not my unique idea but lot of very successful investors/traders make a lot of money doing this. I used to hold on for dear life - saw good gains go negative and others lose +60% and told myself I'd never hold like this again. If a share loses 60% and then trends back up with good fundamentals its potential buy back time. This approach has kept me out of some pretty bad price drops since I adopted it 6months ago.I am surprised to see mmx sub10 but it's not my opinion that counts but the market and so I have to respect that.

[simonsaid1] 04/1/2017 10:09

So even though all the newsflow is good and the price dip is far from brutal (more of a drift than anything, and now panic selling)... just because of a technical analysis rule that is pretty arbitrary, you're completely out? I don't mean to be rude, and best of luck to you, but I don't understand this sort of trading strategy at all. Unless you happened to buy when this was in the 12-13p range last autumn. I suspect we'll see a correction here in the next few weeks.

EDIT: Minutes after I type this, my hubris is punished with another drop. I'd now call it brutal. But also absolutely not the time to sell, unless there's some serious insider trading going on and somebody knows something very bad has happened.