 Only 6 weeks until SXSW on the 7th March, where I believe they will launch the paid version.
So if you’re thinking about topping up, now is the time while we are below recent 6p placing.
Share price is going to start livening up very shortly, in my opinion.
As HB said, you shouldn’t look at the institution selling as a negative as it will be due to redemptions, so they are forced to sell.
We know Miton announced the closure of its MicroCap fund in November due to redemptions, which was holding around 3 million Blackbird shares.
I also believe Herald Investment Trust which held 9 million shares is also a seller, which might be something to do with Saba Capital who are trying to take them over.
I saw on Bloomberg Herald have sold 4.5 million so only another 4.5 million left to go, unless they have sold them already.
Look at it as a positive as it’s allowing you to pick up cheap shares below recent 6p placing, and so close to paid launch.
Once they are done that’s it, everything else is tightly held.
They may even be done already as MM’s may have bought the shares they sold at 4.55 other week on their risk book, and they are just flipping them now, at 4.85 and 4.75p, which might explain why we aren’t dropping much lower.
DYOR. |
Ortegaworm
I am sure you are right in saying that there is a generation difference between most of us and the age of the target market for active, eager users of elevate. That makes it more challenging for some of us to fully appreciate the strength of elevate's significance. We are inevitably one step removed from experiencing the full feeling and likely impact of it. |
johnveals
I look forward to the day when you change
your often quoted "££££ not pence" to "billions not millions" !!! |
Not concerned in the slightest or nervous. Think B, C, D, E, F Celebraties. Will give you one of Millions. Mark Wright from TOWIE. Does a Health and Fitness Brand now. Cooking, Workouts, etc. He has a team that put his content together. Collab Collab Collab. Forget us middle-aged spreaders and how most of our generation consumes media. Think millenials, gen z your kids. Everyone is out there, creating there are Millions of brands like this and it is growing, and they all need quick accessible Cloud Based collaborative tools to deliver. This is Elevate now even without the Bells and Whistles which are coming, but is not necessarily needed. Many of you still don't get it, do you. Many of you don't even see what the product is and what it's going to do and become. You lucky Barstewards to have become an investor of Blackbird. This is a Worldwide Product that will be used by the masses. |
Do I detect some nervousness as we get closer to the end of Q1?
I know I am.
Remember, low expectation is the key to happiness.
££££ not pence. |
Hyper
I’m sure they could do something like that and lots more besides all for a big fee.
Rather than seeing buys and sells they are really
Share transfers of ownership |
I suspect if you have enough money you can do pretty much as you please in this climate. |
It's purely supply and demand., but over what time frames. Can a buyer request a large purchase at an average price over a long period (months) with the agreement of the seller?
For instance if someone wants to a take a 5% stake, the transaction to be completed on a specific date without having to notify the market until completion, can that be done gradually so as not to distort the market? |
It's purely supply and demand.
The fund that is selling has little choice.
Their units are being sold in the market for a variety of reasons nothing to do with Blackbird, and the fund has to offload any of the shares it owns to pay out the redemptions.
They are probably selling bits and pieces across the board.
The price they are getting for Blackbird would be even lower had there not been a few buyers around to take up the slack.
Come launch of the paying version, the price will start to rise. The fund may continue to sell but, more likely, it will switch to selling other fund components.
Patience. |
Who is the buyer? Is this controlled selling leading to a major RNS, maybe near launch, from a buyer on completion of the purchase. |
Missed that 500,000 sell
If it’s a fund manager selling why can’t our broker help place shares without the heavy depression in the market? |
Yes Cyberhub, as Blackbird's progress becomes clearer and clearer, the share price must surely increase. |
Almost all the trades today and yesterday were buys, so I was fully expecting a 500-750k delayed sell today.At least it's a sell at 4.75 unlike the last one at 4.5p...We will start to see more buying volume over the next couple of weeks I think, as the launch nears... Hopefully will be enough to overcome the last of the seller, touch wood... |
Yet another large share sale declared after hours within a few weeks of launch!
It feels ironic that the large investor or investors who keep on their relentless selling of Blackbird shares, are consistently holding the share price down.
Their selling, and it's negative effect on the share price, at a time of low buying interest due to lack of news, seems to guarantee that they achieve a lower and lower price in their share sales. Heaven help their customers who rely on their "expertise"!
Maybe they have to sell shares due to their investors having little confidence in the investment company's investment judgement.
Maybe they just don't focus sufficient effort on understanding the amazing future potential of Blackbird.
I look forward to the time when Blackbird's positive prospects are totally clear, and the share price reflects this. |
Hyper. Happy Cowboy Boot Friday
Not sure who came up with it about 50 years ago but the idea behind it was that everyone would meet up in Vegas after they had made a fortune on Bird. 😕😁
I could be totally wrong 😊 |
If there are any scared "BIRD" holders.
"THE BIRD GUILD" is open for new applications.
SSB |
HCBF ? Can someone please tell me what this means? on the other thread if you wish, or message me. Thanks |
HCBF to all those who celebrate |
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