Ilika Share Discussion Threads

[jimmyann] 21/1/2021 11:23

Rogk,
The rubbish you write is unbelievable!!.Absolute twaddle!
Move on. We know investing in Ilika is not for you.

[shstt1] 21/1/2021 11:06

Stammering donkey, dyofr

[shstt1] 21/1/2021 08:39

If you don’t know that by now (it’s well documented) you haven’t been paying attention
Just move on, we get it you hate Ika

[shstt1] 20/1/2021 20:56

Except those after hrs were likely sells filled phil
Over on the US otc it’s not joining in the tech rally there tonight with QS tanking to a third the high.

[techtrader5] 20/1/2021 20:41

A few weeks of consolidation I expect

[phil2003] 20/1/2021 18:17

Great end of day buy volume, always a good sign

[phil2003] 20/1/2021 18:17

Ahmad, to explain why only amateurs attempt to short term trade shares such as this..(Assume you’re placing spread bets at £10 per pip movement)

ilika spread.. the 7 point spread here means as soon as you click your mouse & place your trade, you’re out of pocket by £70 (or put another way) you need the share price to move by 8p just to get out with a £10 profit.

ilika ADV.. The Average Daily Volatility = how much the share price historically moves per day (in pence) say @ 16 here.. so you‘ll risk 8 pips vs. max win of x8 pips = £80 max payday = ta ta.. you’ve blown your account in months.

Vs...

Amazon’s 60 cents spread... Amazon’s spread looses you less than £1 to place the same trade as above.

Amazon ADV = $115 average movement per day.. >£1 risked vs. x115 pips max win = £1,150 payday from £1 risked.

And that is pro trader vs. retail punter lesson day 1 over 9am coffee.
simples?

[jjmills56] 20/1/2021 16:25

They're too busy watching the inauguration pantomime today

[this_is_me] 20/1/2021 15:33

The Yanks are not helping today. I blame ahmad!

[jjmills56] 20/1/2021 11:51

Agree with all that and would only add that ika in us closed v close to its high of the day in large volume ( buyers) and news of Israel's StoreDot reported success has not unsettled the shares today ( competition can increase the whole market?) abd US futures for tech index looks v positive ....

[andrewbaker] 20/1/2021 11:24

The US pre-market price is $3.505 (being +0.665 (+23.42%) from its close yesterday). That's around £2.56 at the current exchange rate. Current offer price is £2.55. As US futures are positive, maybe buy now before the US market opens, if you're thinking of doing that.

[mauricemonkey] 20/1/2021 08:34

It’s not hard.
He’s suggesting that the price is being moved around deliberately to stimulate interest in PIs who then pay their broker’s trading fees or the spread platform’s spreads.
Bigger companies like Amazon don’t get bought and sold three / four times a day, because the price doesn’t move enough to make it worthwhile for traders to do that, and so don’t generate anywhere near as much revenue for the trading platforms.

[ahmad33878] 20/1/2021 02:18

can someone translate what phil2003 is talking about ?
@phil2003 man you need to tell us what you are smoking .must be good

[phil2003] 20/1/2021 00:37

No traders here, just the 75% of retail punters that loose money keeping the city afloat by buying & selling the wrong kind of equity each week..

You do the math:
* Ilika spread? (ie: instant loss as a % of your stake) and it’s Average Daily Volatility?..Vs.
* Amazon spread? (Instant loss) and ADV (number of pips on the table every day)

[shstt1] 19/1/2021 17:11

So what r u?
Going by your recent comments - the latter

[pugugly] 19/1/2021 17:03

This is as volatile as one of Richard Branson's rockets - Some fly - some do not - Yesterday's flew - The previous failed - Same risk/reward here - (imo) OK for traders who make the right call but if wrong - to crib the Sage we will see who was not wearing pants!!

[phil2003] 19/1/2021 16:57

Battle Royale going on sub £2.50, those are shorts being opened to supress the price whilst someone with very deep pockets gets filled.

get a strong close and we should pop to £3.15(ish) this week

[volsung] 19/1/2021 16:49

Well this is nice. Popped out for a meeting (the first real one in ages) and come back to this. Hopefully continue tomorrow

[phil2003] 19/1/2021 16:47

Just made more in 2 hours than a month in my old job, which is nice.
RogK... can you copy & paste the Guardian article?

[ahmad33878] 19/1/2021 16:06

yes we in US are helping this stock , come on our Britsh counter parts help move this stock up :)