Minoan Share Discussion Threads

[scotty1] 11/1/2019 09:46

Top Aim for you info i have known people in this stock for many years and i'm not very very worried as you put it that it goes north as although i am not in it i would still like to see people i have known and spoke to for many years recoup some of their losses.One other thing can you please show were you have confirmation of news.

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@smallcappick
2m2 minutes ago
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Replying to @Aiminfocat
#MINOAN #GROUP #MIN yip big riser today m8 wait and see yesterday was just the beginning and we have confirmation of news😉

[wi1l] 11/1/2019 09:38

I bought a few early on yesterday too Iman.

The mm's are cautiously opening up Scotty. At the start you could only sell 1K, then about half an hour later it was 100K, now its up to 300K at a slightly higher price. Little activity and they drop the price but any buying will get them going!

[iman1974] 11/1/2019 09:33

I think you will find it was nothing like that discount, you can see from the screen shot the time of the quote so all the info you need is there to establish that fact if you so wish. As Yorgi states i was merely showing people what they were prepared to take and made no reference to the price. In all honesty savvy people should realise the discounts involved in buying or selling large amounts hence why people do multiple trades to acquire their desired amount. The mm's gave me a firm on 4m later on but I did not take a screen shot of that.

[iman1974] 11/1/2019 09:25

I know 2 people that bought yesterday

[iman1974] 11/1/2019 09:21

I got a quote for 4m as well after that

[scotty1] 11/1/2019 09:11

You gotta laugh aint you,these twitter boys you can run circles round em they know nowt 🤣

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@smallcappick
3m3 minutes ago
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they wanted a premium #MINOAN #GROUP #MIN AND THIS MUG IS A #BASHER #BUT HE IS TRYING 2 #BUY #EVEN HE KNOWS ITS CHEAP #AND NO #STOCK #HE,S BASHED FOR 2 #YEARS
post by scotty1 on the #ADVFN stock discussion forums

[scotty1] 11/1/2019 09:00

wi1l could be a bit of a shake as i tried for 200k (only for a trade as there is a bit of Marvin Gaye about) early doors but they wanted a premium so i left it,low and behold a couple of mins later they drop the bid,don't know what limits are like at the moment as i haven't tried again,fwiw i use a broker not online.

[wi1l] 11/1/2019 08:42

mm's not so keen now but starting to show their hand, still reckon they will be after a restock. No rns which means the rumour-mill continues.

[justjill] 11/1/2019 08:12

Yorgi the censor is on something....or is he being paid by ADVFN to post....

[yorgi] 10/1/2019 23:50

Iman posted a statement that appeared to be backed up with evidence that it was factually a correct statement and you accused him of posting fake news. So who was correct ?

[pj 1] 10/1/2019 23:47

There was imo a limit order in the mm could not fill so they attempted a shake. Other smaller buys then followed forcing the rise to meet. It's not rocket science. It was blatant ramping by iman only telling half the story line at mid day. He communicates with the twitter ramping crew, have a look!! Add 2+2 for gods sake. I'm now off this thread. Good luck.

[pj 1] 10/1/2019 23:41

Great. So when the mm offer 75% below the bid he will post that as well? Right oh.

[yorgi] 10/1/2019 23:34

It is not uncommon if someone wants to sell a large amount that MM's will only bid at a discount, the same as sometimes one will have to pay a premium to buy a large quantity in one buy. MM's were offering full listed bid up to 1m and that was in no way mugging anyone.

[yorgi] 10/1/2019 23:29

Iman made a statement that he had got an online bid for 3m, he made no comment on the price and it would appear from screen shot that it was quite genuine. However you accused him of fake news and instead of admitting your accusation was in all probability wrong and unfair you then tried to further discredit because it was at a discount to the listed bid. He did not claim it was at the full bid or make claim to what the price was.

Iman's post appeared to be quite correct and was an accurate report of the bid's from MM's at that time.

[pj 1] 10/1/2019 23:16

Maybe but he failed to mention the bid from the MM's was 25% below the then advertised bid price. I.e. the mm were trying to mug people. Off course the enigma imo Id that other smaller trades trumped the limit order the mm were gambling on. As always dyor

[yorgi] 10/1/2019 23:04

Thank you Atlantic :-)

[yorgi] 10/1/2019 23:02

I think so Scotty, it does not look to me like there was only one buyer today.

In fact I have just had a closer look at the trades today and I would go so far as to say it was very unlikely to be only one buyer. Almost certain.

[yorgi] 10/1/2019 22:58

No but I had not make a statement one way or the other.

However I would be inclined to think the buys were from more than one buyer from looking at the pattern and timing and size.

There was of course the statement you made earlier today suggesting Iman was posting "fake news" when he posted that he had an online bid for 3m......which he had so was not fake news.

[scotty1] 10/1/2019 22:51

Intriguing thought PJ but i would have thought when there is one buyer wanting stock that they would do it over a period of days trying not to move the share price up and having to buy at a higher price,which they could have easily done with MIN over the last weeks,unless of course they needed to get them quickly and didn't mind paying higher prices with nearly every trade as they knew something was about to break.Personally looking at the trades i would have said the trades were made by different people but certainly Food for thought.

[yorgi] 10/1/2019 22:20

One investor...... Do you have any evidence to support that comment PJ ?

[pj 1] 10/1/2019 22:06

I think long term investors are much wiser and more successful to stick to RNS 's and factual news rather than rumour and the simple fact than probably just one investor has today decided to buy in.


Off course a break of previous resistance or a trend line can be an indicator of changing sentiment, but I'm unaware any have been crossed today?

[atlantic57] 10/1/2019 21:55

A Good fair Summary Yorg 12332

[yorgi] 10/1/2019 21:47

So true Will, "buy on rumour" is one often suggested as a time to buy. Another of course is buy when others fear to buy :-)

I still think too many are focussing on history instead of taking a cold unemotional look at the investment case from today, look at the facts, valuations and look forwards from where we are today.

[wi1l] 10/1/2019 21:38

And those that received shares for their liabilities outstanding appear to be holding back for better times - maybe they are closer to the action and have good reason to hold on ………;……̷0;……


Its all starting to add up, wheels in motion, they say buy on rumour, momentum building ...