Sweett Grp Share Discussion Threads

[envirovision] 25/3/2015 16:43

Mostly small sellers getting nobbled for buying last weeks dump, cant say i'm surprised.

Fact the directors will touch presently with a barge pole speaks volumes, even at all time low.

[envirovision] 20/3/2015 08:44

What, you are seriously trying to say that they are doing this to con people and create a scam?

[diku] 20/3/2015 07:53

If you believe that you will believe anything!!....

[envirovision] 20/3/2015 07:32

No there was a larger seller and the market makers had to drop the price by 20% to fill it, they did, now those who rushed in and bought need to balance out, if the market makers let them all sell what they just bought for 17 or 18 pence they would be bankrupt.

Hence the price now has to drop to stop them selling. If those new shareholders try and sell that clip on they themselves need new fresh buyers.

Otherwise the market makers will be forced to drop it a further 20% from where in turn they bought or so simply to drum up another batch of new buyers, and so it goes on....

This is simple math not a myth !

[diku] 19/3/2015 23:01

The saying in PLC casino more buyers and the price rises and more sellers the price falls is a myth!....

[envirovision] 19/3/2015 22:26

Just normal business. If someone wants to sell a large clip there is no other way.

[diku] 19/3/2015 21:31

Me thinks MM have played a very clever trick here...Last week the price dipped below 20p and PI's bought in....the price went up but MM's widened the offer and bid price...MM's raised the offer price but the bid price didn't move much....PI's got suckered in and a few sells and the MM's drop the bid price and the offer price...

[vino] 16/3/2015 16:41

wish I knew why uplift

No news on investigation so why increase unless someone knows!!
and then isn't it insider trading

[diku] 13/3/2015 21:49

That 711,000 was probably the cause for the price to dip below 20p 2 days ago....looks like somebody wanted out desperately...do they know about the investigation saga or is the overhang getting cleared?...

[andysand] 13/3/2015 19:20

711,000 sold at 14.4p.And that's the price it is heading I would imagine.

[thorne3] 13/3/2015 12:29

There does seem to be considerable support at these levels and let's not forget that the underlying business particularly in the UK is enjoying a recovery.I would not have thought that the new coo would have joined if he had thought that the problems that we all know about were in any way unsurmountable.

[diku] 12/3/2015 17:24

Yes very strange price action today....assuming they are all buys you would think the bid price would have gone up and intraday today price was once again flat...under the normal circumstances the amount of buys today would have warranted at least 3 - 4p up....MM probably all confused or they are suckering in PI's....

[thorne3] 12/3/2015 14:09

Or bad news,bad results and a rights issue/share placing.

[envirovision] 11/3/2015 18:16

Could be a large sell order being worked.Or could be further unsavoury news on the job rigging.

[vino] 11/3/2015 17:07

and not even announced yet !

[harry the haddock] 11/3/2015 16:25

WOW - this stock is a proper car crash - sooo glad i got out when i did

[envirovision] 11/3/2015 15:41

Bad news leaked ?

[vino] 24/2/2015 17:54

Certainly good to see that the City approved of his appointment !!!

[diku] 23/2/2015 21:28

Is this due for a technical bounce back?....

[floatupstream] 23/2/2015 17:55

Douglas McCormick FRICS appointed CEO, ex-Managing Director at Atkins and GOVT Employment & Skills Commissioner. A guy who probably knows the score, so having been briefed on the nasties, and decided to take the job anyway - could be an early indicator that they'll survive and start to re-build sentiment. I still hold a few here..

[vino] 20/1/2015 22:00

still awaiting fine can see it below 16p before that
then who knows

[diku] 20/1/2015 15:55

Something going on here...

[andysand] 20/1/2015 14:30

Q wondering how low this can go now. Unfortunately, the spread makes it impossible to even have a punt. Might be worth some research though.

[envirovision] 15/1/2015 16:59

Hard to believe but they have spent over 700K on their own internal investigation into their own wrong doing and that's before the company has been brought to book and fined.

It just seems the costs of this are stacking up in a never ending fashion, and given the time passing without resolve, nor even a positive indication towards any resolve says a lot and which can only indicate (in my books at least), it is so serious that they are pretty much fighting for their lives with an army of lawyers to try to avoid a knockout penalty which could see the entire operation put into administration and sold for a single shiny coin.