Falanx Share Discussion Threads

[dave4545] 16/4/2021 15:57

Loads of buys today, I bought some too

[dave4545] 12/3/2021 09:29

Weird, it worked for the mm's as they got loads of stock back yesterday including a 500k sale at 1.433p yet they still make a 100k buyer this morning pay a premium.

[mashman] 12/3/2021 09:26

Finally it moves

[dave4545] 11/3/2021 21:26

https://www.bbc.co.uk/news/technology-56365372

[dave4545] 11/3/2021 14:33

Crazy somebody pays 1.677p when 1.5p offer and the mm's still do not move

[dave4545] 11/3/2021 11:47

Weird mm's refuse to move up, refuse to offer any stock, refuse any fill or kills. 1.4-1.5p Online 1.472-1.5p except you cannot buy at 1.5p, 250k managed to but I was turned down before them

[dave4545] 10/3/2021 13:28

Interesting run of trades. And NT at 1.5p currently

[bapodra_investments] 26/2/2021 11:48

I have sold my shares today at 1.45p in Falanx at a small loss. The chart looks like the share price is going to drop and I would rather invest this capital in another share. I am also tidying up my portfolio for tax purposes as this was in my trading account. I will keep Falanx on my watchlist and keep a close eye on it and continue monitoring it for developments/announcements.

[bapodra_investments] 24/2/2021 17:55

Dave - It has not moved the share price.

[dave4545] 24/2/2021 17:25

9 million trade at 1.6p There's no way a mm would offer that on their books so a bit of a mystery trade. Perhaps a cross trade with the buyer happy to offer the seller full offer price. Probably delayed a few days too

[dave4545] 22/2/2021 14:00

Looks stronger today, it was looking good on Friday then they shook it mm want full 1.6p offer now to buy

[kaka47] 22/2/2021 10:09

Tom wanckerfilth great tip lol

[bapodra_investments] 22/2/2021 07:43

Mashman - Quite possible though 1.40p also seems like a possible destination first.

[mashman] 21/2/2021 21:19

it will bounce off that line, you watch.

[mach100] 21/2/2021 20:35

There is absolutely no evidence of Institutions buying FLX. Even according to Bapodra's figures Amati would only have to add .2% of shares or £16000 of an 8m MCap. before it would have to RNS an increase in holding. Small trades can in fact move FLX and it does seem there is an attempt to manipulate the share price judging by the number of bot trades you see in FLX for tiny amounts. Look at Friday for example: 19-Feb-21 15:26:54 Price 1.45 Amount 65 Sell* 1.50 1.55 Cost 0.94 TYPE O 19-Feb-21 15:26:54 1.55 5,000 Buy* 1.50 1.55 77.50 O 19-Feb-21 15:26:54 1.45 2,000 Sell* 1.50 1.55 29.00 O 19-Feb-21 15:26:54 1.55 5,000 Buy* 1.50 1.55 77.50 O 19-Feb-21 15:26:54 1.45 104 Sell* 1.50 1.55 1.51 O 19-Feb-21 15:26:54 1.55 1,400 Buy* 1.50 1.55 21.70 O 19-Feb-21 15:26:54 1.55 5,000 Buy* 1.50 1.55 77.50 O 19-Feb-21 15:26:54 1.55 5,000 Buy* 1.50 1.55 77.50 O It doesn't need an Institution to drive this lower as claimed. Any large sell in volume will often get below bid here. Try a dummy sell and you will see. Not to mention its news lull. lack of detail often on margins in RNSs and the placings.

[bapodra_investments] 21/2/2021 16:30

Dave4545 - The series of 'Higher Highs' and 'Higher Lows' for Falanx is still in play and based on the current decline once that has completed, I expect it to make a new 'Higher High' on this current pattern being played out. That should be above the 1.8p area. From my experience, when I see patterns like this, it is normally after institutions have accumulated. So this is likely to be: Amati AIM VCT plc Octopus Investments Nominees Limited Unicorn VCT Miton Group PLC Walker Crips So Amati has 16.8% of the shares, Octopus has 9.52% of the shares, Unicorn have 6.34% pf the shares, Miton have 6.20% of the shares, and Walker have 5.35% of the shares. Now it is these investment funds that move the share price not the likes of us. If we can spot when they are selling so that their funds can report a profit for the year and their shareholders and when they are accumulating, it allows us smaller investors a better chance to profit from investing in these companies. I appreciate that many will think the price behaviour of Falanx is random but when you have large FIVE 'institutional' investors then in my view it is not random. The key is to try and identify the repeating cycles/patterns in play. Don't forget these large institutions will be 'buying' and 'selling' shares of Falanx throughout the year so that they cannot be easily spotted. It is these institutions that will drive the price higher and it is these very same institutions that will drive the price lower. When that happens you will see a pattern of 'Lower Highs' which will be supported by 'Lower Lows'. Once investors understand this they can decide when they buy a share, when they sell and when they hold.

[dave4545] 19/2/2021 08:56

I'm surprised the offer dropped yesterday there was no delayed sales. And they have uncrossed 100k at 1.61p at the open next to 1.55p offer.

[bapodra_investments] 18/2/2021 19:14

Dave4545 - It seems from around the middle of December 20, Falanx, is making 'higher highs' and 'higher lows'. There is no parabolic 'rocket' type move upwards which for me is a far more healthier sign. As the share price consolidates in intervals it makes the move upwards more sustainable. Now I do not know with any certainty that the move will continue upwards. However, looking at the current price action/behaviour as that is what we must based our views on it seems likely that this pattern will continue until any news is released by the company either positive/negative resulting in a changing in this pattern. If you look at the chart for Falanx on the 'daily' timeframe you will see that the price is above its 20, 50, 100 and 200 day moving averages. This for me is a 'buy' signal. The 20 day moving average on the 'daily' is around 1.43p. So any price above that is bullish in the shorter term. The 50 day moving average is around 1.14p on the 'daily' so they are the key indicators shorter term. At the moment both the 100 and 200 DMA's are above the 50 DMA. What I would like to see is the 50DMA flip above the 100 and 200 and then we have a really nice set up. As these indicators are time lagging it may take a while for that to happen but it is worth keeping an eye on them. As long as the price continues its current pattern then over the coming weeks that flip can happen. Of course if it does not or the price was to drop below 20 and 50 DMA's then for me that would be a bearish signal and an indicator that the short term trend was reversing. That may be a signal to exit and cut any losses short. I am happy to hold in the current set up and conditions.

[dave4545] 18/2/2021 10:24

Looking at online I'd guess this might be the bottom of the dip 1.5-1.6p Online is 1.55-1.6p so strong, does not take much buying to flip the book in this one

[viking24] 17/2/2021 16:42

https://www.cnbc.com/2021/02/17/north-korean-hackers-charged-in-massive-cryptocurrency-theft-scheme.html

[mach100] 17/2/2021 14:47

Not moving much on that rumour. Who would want to buy it anyway? I suppose at 2p placees in the last one would have doubled their money. Terrible for those at the highs. I will believe it when I see it. More likely trying to grubby up a CBIL loan and do a placing in tandem.

[bapodra_investments] 17/2/2021 13:30

Bob - Rumours can be misleading and wrong. I am not saying these are as I simply do not know and have not heard of them. Are you able to provide any more details of these rumours? Also how do these other boards know of this? Which other boards are they?

[bob the destroyer] 17/2/2021 11:51

Interesting moves in the share price over the last week. News to come on the 26th!

[bob the destroyer] 17/2/2021 11:46

rumours on other boards that the general meeting called is to ratify an acquisition offer.