I think the only manipulation is people saying the stock is being manipulated. |
Plus there’s only two in the manipulation camp, and that’s you and the Riddler. |
We will have to agree to disagree
Although I agree not likely to be shorted and I agree with your view on the market makers necessary action |
NickB.
There’s no manipulation, that’s utter nonsense talk.
The only manipulation you could have is someone shorting the stock, and no one in their right mind would short an illiquid tightly held stock like this, so close to launch of paid version of elevate.
Plus they couldn’t get the borrow even if they were brave enough, as hardly any stock available.
It’s just supply and demand, with big seller, not enough buyers, simples.
Have to keep lowering offer to find willing buyers. |
M5
There are 2 camps one believes no manipulation the other does.
This is a perfect share to manipulate
The 2 institutions selling a few is nothing to do with the manipulation but a useful talking point |
sideshowbull5 Feb '25 - 17:49 - 24237 of 24282
30+ years, made very mistake in the book and won a few. There is no manipulation here. |
m5
The market is only valuing small trades of the day
It’s a willing seller and a willing buyer
99% of the shares are not being traded |
NickB6 Feb '25 - 11:03 - 24277 of 24279
Take your point Nick but to the market it means nothing, until what they have spent turns into something tangible that creates meaningful revenue. The Markets are littered with Companies that spent fortunes, raised money time and time again and delivered nothing for shareholders. Right now BIRD falls into that camp. |
NickB - I'm referring to material selling e.g. millions. Those holdings are up until 31/01/25. Herald 100% done, Evelyn practically done, if not 100%, Miton selling contained to the MicroCap fund and done. |
The last four trades are all buys.
Not mine, but I did a dummy buy at the same time as they went through and I could buy 100,000 at 4.49p
Big seller still in background. |
NickB.
Yet still no buyers.
Maybe everyone waiting for a 3 handle now. |
m5
Valuation below build cost
No company could create what we have if you gave them that capital not to mention the years of R&D |
Well offered at 4.49 now.
I can buy 250k one clip there. |
Pat
We have selling today
Those holdings are perhaps end of last Q ? |
"Probably doesn’t account for the selling this year"
That accounts for all the selling this year. It's good news. |
Cabi
Thanks for the Bloomberg update
Much of that was known as you say
Probably doesn’t account for the selling this year or certain traders jumping on the weakness |
Sumit has been very quiet for months.
Let's hope he's not going to do a Morgan Henry or a Mo Valens. |
Edit.
Evelyn Partners is wealth management - they are part of the same Group as Smith & Williamson.
I have come across them with regards to the insolvency side of their practice. |
Make that zero MM’s at 4.5p
Further to fall. Only 2 at 4.25p |
This price won’t hold.
Only one MM left at 4.5
You’ll be able to buy at 4p soon |
Given that there has been no announcement of the date for the publication of the 2024 Annual Results as yet it looks pretty certain that they will be deferred until at least the 3rd week of March. Not a surprise as key executives who would have to be there will almost certainly be in Austin and I think the NEDs will have a presence too. Austin looks increasingly likely to be the release date as it has a big, influential audience for elevate going live and income generating in what is a major potential market for what it does. |
Thank Cabi. |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
