Relx Share Discussion Threads

[hectorp] 23/12/2003 16:29

Well done, I agree no way its normal trading especially with the low vol etc.
I see I have a chance of redeeming my weak position and regret selling in the 440's such is life ( and weak willed idiocy).
Have a good Xmas , REL traders.
H.

[hectorp] 22/12/2003 15:56

Sit and watch this.. had to close part of my holding last week. Good chance of break-even with todays rise.
H.

[billdaly] 22/12/2003 15:06

Pulling back its recent losses - is the manipulator on holiday or does it want the price back up?

[billdaly] 19/12/2003 15:57

Soemthing very strange with this order book - every time there is a trade it takes about 5 seconds to sort out the orders - it's as if a bot is working out where to place about 4-8 orders either side of the strip after each trade.

Total manipulation IMHO.

[billdaly] 18/12/2003 09:50

Seems to me there is one dominant buyer/seller in this stock at the moment. Last week they filled their boots by keeping the price down, they have now decided to force the price up then they will presumably offload. Just like to know at what price they are going to settle.

[billdaly] 18/12/2003 08:55

Our 500k order is back - but now it's on the buy side - there's a surprise!

1% L2 .6 vs .2

still at least we are up

[billdaly] 17/12/2003 15:34

funny order book, 100k buy order on 443.75, all buying coming in above that - could be stuck here for a long time.

[dawntrader] 17/12/2003 12:17

with a drop of around 50ish pence since 3rd December, I am hoping that the drop rate will start to slow down and turn soon. Still hanging in to get a 3-6 month long, interesting though that FTSE doesnt seem to be impressed by Dow gain yesterday, REL currently down 2.75 pence.

Good Luck
Dawn.

[billdaly] 17/12/2003 10:36

Lots of action on the order book, L2 indicates further rise.

[billdaly] 16/12/2003 23:00

Big trades after the bell, second highest daily volume this year - let's hope this is the end of the downward drift and we now move north.

[billdaly] 16/12/2003 14:16

We seem to be on the up, L2 1.1m vs .3m

450p sell order to be hit soon - not much above it.

[billdaly] 16/12/2003 12:55

keep an eye on the 100k sell order on 450p as the price creeps towards it.

[hectorp] 16/12/2003 11:45

so the 'sell order' is only a tactic of the hidden buyer eh? interesting.

Either way I've had to let half my short call go at 442-3p, I can't afford this to fall further as I am geared.
Will ride out with the remaining half.
If we do fall to close on 420 levels, I'll creats some new position.
H.

[billdaly] 16/12/2003 09:36

I believe its price is being kept down by a buyer - each day a large sell order appears just above the strip to keep the price down. On the odd occasion when it gets near the strip it is removed immediately. Once the buyer has filled their boots we may go up again and with a bit of luck they may employ the same tactic on the way up. All IMHO.

edit

sell order is back - placed at 10.04 on 450p

[dawntrader] 16/12/2003 09:32

Cant see the bottom on this one, really has tumbled in the last few days. Not much above March lows, but would not think that co is in that bad a shape, will continue to watch and try get a 3 to 6 month long on this one.

Good Luck
Dawn

[billdaly] 15/12/2003 15:27

Large sell order back on 450.

[leathery] 15/12/2003 13:43

Thanks hectorp, interesting the way the Yahoo news page has advised the times article

Sunday Times
The Sharewatch Column:
*While concerns about market change might persist, Reed Elsevier (LSE: REL.L - news) will not recover their former momentum.



I dont think that blinkered reporting is going to help our cause any...

[billdaly] 15/12/2003 11:34

Large sentiment buys going through.

[hectorp] 15/12/2003 09:32

Leatherey, good post, REL are already 'there' not being shoved out by 'free internet competition'. Publcations overheads much lower on the web.
H.

[billdaly] 15/12/2003 09:24

I think they have given up trying to keep the price down - large sell orders have gone - what a surprise.

1% L2 .5m vs .1m

[billdaly] 15/12/2003 09:03

Large sell order just removed as the strip got closer - anyone would think they didn't want to sell the shares! What a scam.

It has now been doubled and put back in a bit higher up. Bunch of crooks.

[billdaly] 15/12/2003 08:57

Two large sell orders being swapped in and out of the order book - but its not manipulation!!

1% L2 124k vs 530k

[leathery] 14/12/2003 22:54

Aricle in todays Sunday Times. Starts off about recent share price slide and reasons for it e.g. US economy gains offset by currency fall, reduced academic institutional orders on scientific etc titles as buyers look for cheaper online alternatives. The ironic ending to the article was that it confirmed that REL is also a leading online periodical supplier.

Incomes might be reducing into the left hand, but if buyers are transferring to online as suggested, REL will just get increasing incomes into the other hand. Even so, I think that this could also be to RELs benefit as (please note Im no expert in this area) online operations are always cheaper than traditional publishing methods (let the buyer print it off and pay for the ink/paper etc).

Im sure you can do the maths...hang in there she'll bounce back.

(This IMHO and I hold shares in REL)

[hectorp] 14/12/2003 19:16

like to think you are right ! we'll see Mon-Teus.