NickB.
Your sounding like the Riddler again. |
The problem for Premier Miton is that they are in a no win position. If BIRD doesn't take off and they do not sell now they are locked into a sizable holding on which they have substantial losses and could lose more. If BIRD really does take off and demonstrates it has become a unicorn they become known as the investment advisors who lost their nerve, sold and cost their investors a fortune as a result. |
Cabi
What about punters buying on borrowed money?
Seen it all before |
Well picked up 33k at 4.46p seems a bargain! |
No one is spread betting on stocks like this. |
Probably spread betters hitting stop loss levels
Hitting Stop loss levels is the greatest game I was once told (by someone who knew)
As SSB says
Own your shares no leverage |
Unfortunately we don’t. |
Cabi true we don't know who the current seller is - but we do know that they can't have that many?! |
RESPECT THE BIRD |
3 million shares sold is £150k over a Q nothing really.
The narrative that the selling is fund managers has collapsed in my view.
Cabi
‘…and they don’t seem to care how far they push the market down.’
😀 correct |
CH.
There were no surprises, so if anything it looked good.
Problem is we don’t know who current seller is, and they don’t seem to care how far they push the market down. |
Bonio.
Exactly.
As if what anyone on here says, moves the market.
Hilarious. |
So there we go, RNS - Miton have only sold 1% since their last declaration months ago... They're definitely not dumping their full holding as some had feared!Can anyone explain the thinking about the Bloomberg holdings list in a post earlier today? Are we thinking that all of the instis who wanted to sell, have now sold their full holdings? |
That'll be it Nick
Several major holders have sold because of some posts on ADVFN. |
Doesn’t need me NickB, it’s doing it all on it’s own. |
‘3 handle incoming.’
Cabi
Are you manipulating sentiment here?
Then we have bonio with his post Sumit leaving fear? |
4.26 trades.
3 handle incoming. |
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 |
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