Reflex Grp Share Discussion Threads

[alexicacon] 11/2/2004 23:47

That's what it looks like Crazi and if your right it stinks. How can they justify such a rise on no volume and no news?
me me, you can't sell 1.75 mill in 100k chunks. It would be classed as misleading the market and you can't do that, unless of course your're an MM.

[crazi] 11/2/2004 21:52

Peter - agreed....

This share normally trades in very low volumes per trade. Today was very strange. I think it was MM's driving the price up to get premium on the large sell and once the order was filled they dropped it again. The company was very quick to respond with their answer that nothing is going on so good luck to people who paid high premium....

Always DYOR

Crazi...

[me me] 11/2/2004 21:09

pete
did see that could have sold them in 100k chunk's for over 10p.

[pete barnes mbe] 11/2/2004 19:42

Did you see the sell at 2.5p, 1,750,000. My guess is that if you could find out who made that trade, you'll find out who manipulated the market price!

[dusseldorf] 11/2/2004 16:41

byroneck - Time will tell...had my finger on the buy 100,000 button at 4p, but resisted given it was below the 4.5p ask..

More falls tomorrow if no RNS appears

[me me] 11/2/2004 16:40

byroneck
Hope yoo are right need 5p to break even :-)

[byroneck] 11/2/2004 16:29

Its all been a bit mad over here today.

MM's let this run (perhaps to screw people over, unlikely) and they know full well from experience that once something climbs this quick it attracts blind buying. I would suggest that the MM's were downwind of something that has been bubbling along in the background and that there is something in this rise and something big.

Don't have any.. don't intend to buy any but will be following with interest. Almost certain that something casued the MM's to lift the lid of this one today and I don't just think it was the volume.

[vision88] 11/2/2004 15:57

Barrow Boy market makers thats all they really are

[crazi] 11/2/2004 15:51

Thanks Dusseldorf - Patience paid off.....eventually..:)

I too feel sorry for them. MM's took them for a ride.

Crazi...

[dusseldorf] 11/2/2004 15:44

Crazi - well done, your views above were honest and you've been very lucky, unlike most of the poor s@ds who bought today!

[trading blue] 11/2/2004 15:40

just got a few for a bit of interest,normally get another rise.

[crazi] 11/2/2004 15:37

Well I sold out this morning for 12p....bought in at 1.8p
I can't believe this climbed so fast for no reason....

Good Luck all...

Crazi

[prefab] 11/2/2004 15:05

Comdirect will do 250k @ 3.5p, this share is utterly twonked. How must the buyers @ over 10p be feeling right now?

[f22] 11/2/2004 15:03

no wonder they were offering me 100k @4p, now i ma getting it @ 3.5p

[dusseldorf] 11/2/2004 14:38

...now crashhhhhh....

[vision88] 11/2/2004 14:37

be a good buy at 2p

[me me] 11/2/2004 14:33

Max sell limit just increased from 10k to 100k 3.75p

[vision88] 11/2/2004 14:32

Looks like a hilly billy chart

[ellemaitch] 11/2/2004 14:29

SAME THING HAPPENED WITH TMA A FEW WEEKS BACK AND THEY CAME OUT WITH HTE SAME STATEMENT ! THEN WHOOOOOOOOOOOOOOSH

[birdballs] 11/2/2004 14:25

Nothing goes up 400% for no reason!

[dusseldorf] 11/2/2004 14:13

just a theory Londonmetro, and I think its legal.....

[londonmetro] 11/2/2004 14:09

poss the buyer of 50,000 at 20p as dussledorf explained selling at loss but up on rest of the 1.4mill

[birdballs] 11/2/2004 14:06

T trade in at 50000 at 11pence! Something definately going on!

[f22] 11/2/2004 13:59

i think many sellers have orders with mms, you can out an order if you want, but it look risky