Renewi Share Discussion Threads

[itsnotmeitsy0u] 21/5/2020 11:01

what the hell is the MM playing at? seems to be a tree shake

[dplewis1] 21/5/2020 10:06

Yes it's marked as an off book purchase on my terminal

[itsnotmeitsy0u] 21/5/2020 09:24

I see a 551k trade just gone through at 18.9 - can only be an acquisition, no way would that be a sell at that bid

[itsnotmeitsy0u] 21/5/2020 08:59

Trying to buy 500k at 18p?! Good grief good luck to that man!! Those lvls seem to be behind us now

[dplewis1] 21/5/2020 08:41

A very unsubtle sales trader has put a 500k bid on at 18p this morning.. that should prevent any pullback today.

[dplewis1] 20/5/2020 20:50

Usually when pugugly starts calling something significantly lower that's the time to buy :)

[tole] 20/5/2020 17:50

Fingers crossed that was the bottom

[george stobbart] 20/5/2020 16:44

back from the dead this one?

[itsnotmeitsy0u] 20/5/2020 15:48

incredible daily volume over the last week

[dplewis1] 20/5/2020 15:40

There's been an iceberg bid for 9k all day plus a 442k bid sitting on the book at 18.68 this afternoon. Looks for now like it will remain above 18p and probably a decent trade for anyone that was brave enough earlier

[itsnotmeitsy0u] 20/5/2020 15:39

to think I was considering whether to dump at 17.7p this am!!excellent turn up

[dplewis1] 20/5/2020 13:22

Already above the 90 day average volume by lunchtime so seems to have caught someone's attention

[itsnotmeitsy0u] 20/5/2020 12:28

something has certainly kicked it up the backside !

[itsnotmeitsy0u] 20/5/2020 10:30

huge volume this amlooks like a bounce is on the way

[itsnotmeitsy0u] 20/5/2020 10:13

looks like support at 18p has held...

[itsnotmeitsy0u] 20/5/2020 09:39

its interesting to see the pattern - literally after every buy the algo sells / shorts kick indecided not to sell for now for a number of reasons

[pugugly] 20/5/2020 09:36

Calling this sub 15p - Should have been OK as essential service with COVID but suspect that construction lockdown is putting it under very significant pressure (all imo - have not been able to find any data to back up this concept)

[sbb1x] 20/5/2020 09:26

New 52 week low and still going lower.

[dplewis1] 20/5/2020 09:19

I agree 18 is an interesting level. I'm not buying more here but would do if it drops to the old intra-day low

[itsnotmeitsy0u] 20/5/2020 09:18

that is exactly the issue here.once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth.

[itsnotmeitsy0u] 20/5/2020 09:16

imo 18 is key support. if it falls through, next support is circa 15

[dplewis1] 20/5/2020 09:16

Worked down? This isn't a quote driven book that can be messed about with by market makers. It's either an insti selling or shorting and I haven't seen any short disclosures

[itsnotmeitsy0u] 20/5/2020 09:10

its obviously being heavily worked down...

[dplewis1] 20/5/2020 09:07

Why would it fall 10%?

[itsnotmeitsy0u] 20/5/2020 09:07

algos waiting for buys then work share price down by multiple sells