Fairfx Share Discussion Threads

[sphere25] 12/2/2019 10:38

Looks decent for a bounce this.

Bought some at 91 yesterday and longed some more just now at 93.

Looks like Crystal Amber have mopped up the sellers at 90 and keep pushing the bid higher. This is due an oversold bounce. If they keep bidding for stock, they must surely act as a sound supporting mechanism.

Draw a line across the top of the peaks and you're looking for a target of about 115. That's purely technicals.

[blueball] 11/2/2019 21:38

Stay long.

[11_percent] 11/2/2019 11:43

They let the share price rise at the open......till 08:10.

Then the buys show as sells......and the seller is still there.

[11_percent] 10/2/2019 14:04

Oops....missed it.

[discodave4] 10/2/2019 10:52

As per RNS 27th June 2018.

[discodave4] 10/2/2019 10:50

Bit old, June 2018.

[mrnumpty] 09/2/2019 15:05

Well spotted by rathean . According to the Hargreaves Lansdown site , from 4.00pm yesterday , the following larger trades occurred , all at 90p : 300,000 shares ( £ 270,000 ) ; 288,000 ( £ 259,200 ) ; 100,000 ( £ 90,000 ) ; 255,000 ( £ 229,500 ) ; 255,000 ( £ 229,500 ) ; 95,492 ( £ 85,942 ) ; 65,000 ( £ 58,500 ) . Trades shown by Hargreaves Lansdown as " buys " or " sells " have to treated with caution , as HL allocate these merely on the basis of whether they are above or below the mid-price . However , 90p is above the mid-price so these probably were all buys . Perhaps , rather than a forthcoming RNS , this buying activity is merely because the shares have been oversold and are due a rally ?

[11_percent] 08/2/2019 18:04

The share price action does not feel like an RNS coming......more like share-scuffle/transfer.....say from Blackrock to Crystal-Amber.


If it is Crystal-Amber, and this is their MO,

Crystal Amber says they sells into rises ,which is then jumped on by short sellers and when price eventually falls as it always does ,they then lets you know they are buying ,just like they do with HUR,thats their style.DYOR.


That along with the large buys at he close, means this should be low, and should be a rise at the open on Monday.

[rathean] 08/2/2019 17:28

Thats some serious volume in the auction, should be due an rns early next week imo... interesting.

[11_percent] 08/2/2019 13:33

PeteS5
8 Feb '19 - 12:54 - 486 of 487
0 0 0
Bought more yesterday and showed as a sell all day. Whats the point of looking at trades if reported incorrectly?

================

Because, that is what they want you to think.

[11_percent] 08/2/2019 13:30

"O" trades are open market trades. If YOU buy or sell a share, you will see "O" beside your trade.


Have a look at the FFX trades for today. I see mine, and it has an "O" beside it.


AN "AT" trade is an Automatic Trade. This where you put a certain number of shares on the book, and set a price, at which to buy or sell. Eg, you can set a trade for BUY 1,000 shares in FFX at 95p. When 95p is hit, the are automatically bought for you. That will show as an "AT" trade......Automatic Trade.


Now what happens is, the scammers want to keep the share price at a certain level, say FFX at 89p. They use computer programs ALGOS to keep the price at that level. These trades show as "AT" trades.

Today, for FFX, we only "O" trades, as opposed to the rest of the week, where the share price was kept at 89p by the Algos, ie "AT" trades.

On top of this they set the Bid and Offer to show what they want, in this case, all sells.


SXX is good example of this. They are holding the share price at under 20p......and the algo is set for this. Most of the trades are "AT" trades, to keep the share price at just under 20p.

[petes5] 08/2/2019 12:54

Bought more yesterday and showed as a sell all day. Whats the point of looking at trades if reported incorrectly?

[mcljeremy] 08/2/2019 12:44

11_percent what do u mean by "0" and " AT ", thanks.

[11_percent] 08/2/2019 12:26

They are still "at it".

Bid is set 89.00 and offer at 90.00.

You can sell at approx. 89.25, and buy at 89.49.

Most of the trades today are buys.

Also, all trades are "O" with zero "AT".

They are still scamming the figures, but not as bad as previous in the week.

[mcljeremy] 07/2/2019 17:37

I think he didn't over emphasise the US potential because it will not commence until mid year, so it would be wrong to highlight that over the current framework.
The price action today has been encouraging, one or more people have sat on the bid in the last day or two and hoovered up all of the sales, long may it continue.

[11_percent] 07/2/2019 11:27

Yes, the US "expansion" is confusing.

My take is that they can now do business with the US customers which they previously had to turn away. Don't think there is "drive" into the US at the moment.

[growthpotential] 07/2/2019 11:25

I agree this is going to explode right back up!

[rampmeister] 07/2/2019 11:14

Listening to the interview on Proactive Investor found CEO rather subdued re US expansion. Metropolitan tie up to facilitate them doing business with US Business’ and residents that they previously had to turn away. Once established they will look at possibilities of expanding further. The RNS announcement was more bullish regarding penetration into US and suppose RNS carries more weight than discussion format. However product launch likely to be expensive and good to see them exercising some caution.
Re possible acquisitions they don’t need to buy due to strong revenue growth but they are always looking.

RM

[its the oxman] 07/2/2019 08:15

May be a case of add in the 80s while you can. Feels pretty oversold.

[growthpotential] 06/2/2019 22:31

Easy Money: who's going to provide this service for a (small) fixed fee? Competition threats are not an argument against investing because all companies face competition. let's come back to this post in 2 years and see how they've done.

[11_percent] 06/2/2019 22:29

From APAD, on the VLG thread.

Richard Bernstein
@CrystalAmberRB1
"As flagged last week, we continue to buy shares in Fair FX- Crystal Amber owns 33 million shares and is now the largest shareholder with more than 21%."

Worra lorra shares!
🍷
apad

[eezymunny] 06/2/2019 22:21

"It’s impossible for spreads to trend to zero because no one would be an fx broker"


Err..how about any and all transfers are done for a very small fixed fee? Just enough to squeak a profit? Companies with 30% operating margins and no barriers to entry will always come under pressure as competition heats up, no?

[discodave4] 06/2/2019 19:52

For the third time, what's your entry price target?

[growthpotential] 06/2/2019 19:10

It's impossible for spreads to trend to zero because no one would be an fx broker and then spreads would widen again. What matters is whether FFX can continue to draw large volumes which I believe it will do. 30% operating margin is fantastic with rooms for expansion