Smc Share Discussion Threads

[groats118] 08/8/2007 11:42

Been watching for a while and just dipped in 20k @ 29.5p...looks a good recovery play to me

[izzywizzy] 08/8/2007 11:40

would any 'chartist' views be meaningful with this share (no, I don't mean from me)?

[njp] 08/8/2007 11:21

Numis are the house broker, RSI.

[master rsi] 08/8/2007 11:19

NJP

re - See NUMS still on the offer

I am almost sure NUMS only does trades by phone and was the one with large stock

What I said earlier eventualy became true MM at offer being taken by another MM ( 50K ) .....

Most likely the one at offer ( MM ) is not dealing online and most trade are done this way, if buying continues then the MMs at bid will do a MM buy to take the one at offer.

[blackrabbit] 08/8/2007 11:18

Perhaps the market is beginning to believe next years estimated earnings of 6.1p is possible. If so, a 50% advance from here could take place, imo. BR.

[contactamir] 08/8/2007 11:15

i just tried a dummy trade of 40k shares they offered me nearly 28p

[njp] 08/8/2007 11:12

See NUMS still on the offer, though. Always happier when they're on the bid. ;-)

[njp] 08/8/2007 11:11

Scots

Looks like you were right about the big seller being cleared yesterday.

[just looking] 08/8/2007 11:08

RSI,

Thanks for your comments but after years of watching L2 I find that this is not supply and demand this is MM's walking it up. WHY?


I got caught in the big drop on this share and should have bailed when I saw NUMS taking every buy and not moving for days. Now they move on tiny amounts.This is the opposite great news for us but grips me to see insider knowledge.

MM want it up 50k MM buy.

That is a big move MM on the offer moved not 1p up but 2p trying to widen the spread and stop the buys.

[izzywizzy] 08/8/2007 11:07

excellent....L2 (as always), appreciated.

50k M trade at 28p :-)

[contactamir] 08/8/2007 11:06

3v1, somthing is happening here, next price to buy is 31p.

[just looking] 08/8/2007 11:05

1380 share buy took out na mm lol something big is going on.

Was 1 bid 2 offer now 3 bid 1 offer.

[master rsi] 08/8/2007 11:05

just looking

read my comment earlier,
most MMs are short of stock by now so they are offering a small amount online, you may buy large amount by phone.

Most of the time this is happening because the one at offer does not move ( reason there is no buying through them)

[izzywizzy] 08/8/2007 11:01

good posts this morning...and we have just moved up again :-)
Masuren...if there is any more sh*t waiting to come out then I do believe it will actually be the end for the Company....hopefully (at last), all the bad news is out.

justlooking....I am not complaining either...but we are only up 1p!!

[just looking] 08/8/2007 11:01

This is not right why has this share gone to now 2k full price offer? The norm is large buying and no movement this is very very different. Whats changed and why are the MM's walking it up. Not complaining though.

[master rsi] 08/8/2007 10:49

And while checking prices and typing the offer has gone up after a 10K that now are trying to delete.

online for selling is 10K at premium 27.50p, so ready to move higher

Offer Price BPC 27.88
Maximum Size* 7,500

[master rsi] 08/8/2007 10:44

just looking

re- size online

they are offering 2K @ full price 27.50
on selling is 10K @27.10p

The MM offering 2K does not have stock to sell any more that is why is only giving small size.

Most likely the one at offer ( MM ) is not dealing online and most trade are done this way, if buying continues then the MMs at bid will do a MM buy to take the one at offer.

[master rsi] 08/8/2007 10:37

And the buying price improving after the last buy was at full price 27.50p

[just looking] 08/8/2007 10:33

2 bid 1 offer if that helps on L2. Just switched on a few minutes ago. What gives? Good size offer on line before that last 10k buy but now I am getting offered 1k that can not be right can it?

[master rsi] 08/8/2007 10:25

Have you noticed someone paying 28p so a premium for 18K earlier?

[izzywizzy] 08/8/2007 10:21

agreed Master RSI...and , welcome aboard (again?) scots...I live in hope....

edit,
a 10k buy just gone through at the full ask price...

[scotswhaehae] 08/8/2007 09:43

Yep...I'm in for a few but these remain early days...

Shouldn't take much net buying to get them moving up...we'll see!

[master rsi] 08/8/2007 09:40

There are indications that the price is improving all the time since Monday.

The main factor apart that the share price is improving, is the price for buying being higher all the time.

Today prices are, 26.90p, 26.95, 27, 27.245, 27.26, 27.40p

chart with price and spread

[izzywizzy] 08/8/2007 09:20

cheers scots... did you manage to buy in?