Energypathways Share Discussion Threads

[march] 07/11/2000 16:51

Can anyone help me understand a little about how the mm's cope with a situation like this today ? ie a very large (presumably unexpected ?) volume of trades in an illiquid stock.

Seems to me they must be massively short now.

My reasoning is that 432k shares were traded today and they were mostly buys I suspect. The co only has a total of 3.5m shares in issue and more than 50% of these are held by major shareholders. Therefore a very large proportion of the free float was traded today

Who checks up on the mm's short positions ? Will the price have to come down now to bring out the sellers and allow the mms to close ? Over what period ? Is there anything to stop the mm's staying short for weeks/months etc ?

Any thoughts please.

[deemac] 07/11/2000 15:08

Hang in there and watch the trade page .

TRADE no 59, Price 60 pence, Quan 20000.

By the way its not mine they are way behind.

[kenwoada] 07/11/2000 14:47

Earlem,

Are you telepathic re. your post 26 yesterday? Or in the loop?


Earlem - 06 Nov'00 - 15:12 - 26 of 73

Lord B, I bought this morning and I've just got some more.

Show me the money!!!!!!!!

[orvis] 07/11/2000 14:45

nothing-ventured handled my sell of 4850 and emailed me confirmation
- sale was timed at 13.10.31

[mealiff] 07/11/2000 14:34

he's the main tipster in 'Shares' Magazine , comes out weekly

[mcaw] 07/11/2000 14:30

Mealiff

Who is he ?

Martin

[voyager2000] 07/11/2000 14:29

Do not buy Eurocity Properties as you will get burnt guarenteed

[mealiff] 07/11/2000 14:29

tomorrow a certain Mark watson Mitchell is on and may tip a certain share dear to all our bosoms !
so tomorrow AFternooN maybe it could be worth watching
IF only !

[voyager2000] 07/11/2000 14:18

If one is looking for another low market capital company of under 2 million that could double if it gets tipped next week on Show Me The Money try Coburg Group (CGG).

[robbb] 07/11/2000 14:10

Word obviously got out somehow. See the fbb

[robbb] 07/11/2000 14:06

ducatiman
Its probably because they are a lot larger than the nms. Its such a potty little company that the nms is only 500 according to my info. Coincidentally this does make it perfect for a pump and dump scenario.
Regards
Rob

[mcaw] 07/11/2000 14:06

You don't have to have em to sell em.

[ducatiman] 07/11/2000 14:03

orvis, my 4000 sell at 46 has not been reported yet either. Neither has a friend`s 6000 at 45.

[ducatiman] 07/11/2000 14:00

jelly, I was just trying to inject some humour. As posted on other thread I have repurchased 50k ncs at 9.375p. good luck.

[mealiff] 07/11/2000 14:00

the show strikes again with this share out of nowhere surges upwards.

I do not hold
(it would have been nice to have had some to sell !)

[voyager2000] 07/11/2000 13:42

MM's falsly put the share price up and thats why the shares are falling back down on no sells. MM's are burning investors dearly onpurpose so they make more money.

[martin036] 07/11/2000 13:34

Orvis - No sells listed at 47p on the trade pages????

[ducatiman] 07/11/2000 13:30

Lord B IS BUSY AT CH.4

[voyager2000] 07/11/2000 13:27

Sell now and gain more

[jellytots] 07/11/2000 13:24

You should've held to 63p. Get back in again or buy NCS before that rockets. Where's Lord B?

[orvis] 07/11/2000 13:23

Thanks Lord b
I got in yesterday morning at 28p and out at lunchtime today at 47p!

Wish they were all like this.

[jellytots] 07/11/2000 13:22

Dear Duke. See NCS thread.

[ducatiman] 07/11/2000 13:17

Thanks Lord B, wish I had bought more than 4000. Now back into ncs.