Jessops Share Discussion Threads

[sbs] 17/10/2009 00:28

If you buy a few mill at 1p, it should bring your average price down ;-)

[tr65] 16/10/2009 19:46

Not that many, but any at an average of about 20p is too many, sportbilly!

[sportbilly1976] 16/10/2009 08:09

Fair play tr65....

you holding many then?

[tr65] 15/10/2009 16:04

No, still waiting for the spike up to 2p...

[sportbilly1976] 15/10/2009 14:41

everyone left now??

[sportbilly1976] 13/10/2009 13:18

chart to go with post!!

[sportbilly1976] 13/10/2009 13:18

supports gradually being taken out.... 0.85 the next one after 1p....

[tr65] 13/10/2009 12:46

Good question! The only answer must be that all shares are 'worth' an amount agreed by those who wish to trade them. They're all worth nothing until that happens.

[sportbilly1976] 13/10/2009 12:13

the buys are sells when matched through an AT trade....but on plus it is all MM trades...they are gladly off-loading their stock to willing pi's buying it for some reason...

...and all the time buys exceed sells they will keep the price here.

my question is why are pi's willfully buying an asset worth 8% of its purchase price?

[tr65] 13/10/2009 11:52

Sportbilly: as previously, I just mean that all 'buys' are sells from somewhere else, and vice versa, and the buy/sell info is just based on whether the price was closer to the bid or the offer. It's almost impossible to tell what's really going on, but the way the price has stuck around 1p gives some clue.

[sportbilly1976] 13/10/2009 08:10

tr65,

how do they??

...all the buys on plus are retail investors, or of RI size trades. why is it that they are buying....or that for the past week there has been an excess of buys over sells probably to around 5-6 million overall.

These people are buying at 1.1-1.2p to get back less than 1/12th their investment. they can't all be mad, or not able to read a rns statement properly, or shorts closing!

[tr65] 12/10/2009 16:52

I admire your dedication, sportbilly, but these buys & sells figures mean nothing.

[sportbilly1976] 12/10/2009 16:36

final Plus volume:

2,641k with 2,095k buys and 545k sells

interesting test of the 1p bid late on....maybe it will get broken tomorrow...

[sportbilly1976] 12/10/2009 16:11

level 2 now:

1,181k v 2,136k with 839k just added at 1.15p.

[sportbilly1976] 12/10/2009 15:06

still 19.6mln shares being held though....

if a good proportion of those decide to take the bounty on offer then we could see the share price here drop quickly!

[sportbilly1976] 12/10/2009 15:04

Barclays clients coming to their senses.....sold 2.2mln over the past couple of days..!

[sportbilly1976] 12/10/2009 14:59

no trades for over an hour & half....

[sportbilly1976] 12/10/2009 13:14

buys out-doing sells on plus curently 3 to 1....1.5mln bought so far.

are these still shorts closing or pi's still thinking there is an 8-fold increase to come which the rest of the market has overlooked?

[sportbilly1976] 12/10/2009 12:48

sorry, didnt notice the dropping down from 1.1 to 1.0p on the bid

[sportbilly1976] 12/10/2009 12:47

level 2 just weakend on the buy side...just 83k at 1.1, then nothing till 0.9p

1,189k v 1,656k

[sportbilly1976] 12/10/2009 11:00

now offering 0.962p for that 500k....

[sportbilly1976] 12/10/2009 10:29

still appetite for these....you can sell 500k at 1.12p currently...so someone is a willing buyer!

[sportbilly1976] 12/10/2009 10:22

steady pi buying going through on plus...so far 1.1mln buys v 295k sells

[sportbilly1976] 12/10/2009 10:15

current level 2:

[sportbilly1976] 12/10/2009 09:42

Judging from the rns' being released, it is Barclays pi's who are buying....