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WNN Win

149.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
WIN Plc Investors - WNN

WIN Plc Investors - WNN

Share Name Share Symbol Market Stock Type
Win WNN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 149.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
149.00 149.00
more quote information »

Top Investor Posts

Top Posts
Posted at 19/10/2009 10:00 by investinggarden
Buy recommendation from Growth Company Investor
Posted at 19/8/2009 18:00 by she-ra
Maybe private investors should do a bit of research on ISIS EP because looking at their website they are not the usual kind of investors.

They seem to do managment buyouts etc.Infact,unless my research is not thorough enough,they dont appear to buy shares in listed companies as investments in the sense of holding shares as an investment.They appear to be a company with an active approach.
Posted at 16/7/2008 13:23 by goonertone
Unfortunately the market is so non transparent that mm's are free to work how they wish as long as the company's are notified when limits are breached. However as far as i can tellits down to the funds/shareholders to report any notifiable trade not the mm's therefore if they don't notify the company noone knows and its then down to the FSA to sort out.

If the mm's have a sell order to work from a fund that are having to liquidate due to problems elsewhere in the market then they will just keep walking the price down until the whole of the trade has been worked. Its unfortunate that in the current market their are few instsitutions, investors willing or able to build big positions without news to back it up.

This is also in my opinion exaserbated by the fact that half of the mm's dont want to be in a particular company they just have to be to make a market. They will stick rigidly to their minimum market size and once they have done their duty they will move out of the way thus effectively leaving arda, in this case, as the only mm willing to deal over 100 shares at a time.

Works great on the way up but hurts on the way down.

GT
Posted at 05/6/2008 10:41 by 8trader
Worth a read because i really believe some of the below applies
to Wnn and the mm manipulating the price in it for certain reasons.

MARKET MAKER SPEAKS OUT: Ways of a Market Maker

I was an OTC MM for about 10 years ending in the late 80's. Since then I have been strictly an investor. Since I have not been that up to date in MM rules I will only make statements that I feel fairly confident are still accurate regarding these activities. By and large most MM don't have a clue nor do they care to learn, about the fundamentals of the stocks they trade.

They just try to make orderly markets. When dealing with BB stocks it is very easy for a MM to get trapped into being short in dealing in a fast moving market. Reason being; most of the MM's in this stock are what are called "wholesalers" this means they don't have retail brokers "working" the stocks.

So they have to rely on what's known as the "call" from larger retail houses. If a "Big" retail firm like an E-trade calls up a market maker to purchase say 5,000 shares of a stock, they expect to get an "execution" from that market maker. If he turns them down, or only gives a partial then the "Big" firm will go to another MM.

If this second MM "fills the order" then that "Big" firm has a moral obligation to continue to give future "business" in that stock to that MM who performed (his life blood). This will go on until he "fails" to perform and so on.

Contrary to popular opinion the "Big" firms Do NOT neccessarily go to the "Low Offer" to fill a buy order (Or high bid for a sell). They "Go" to who they think will perform to fill the order and expect that MM to "match" the "low offer" in the case of a buy (bid in the case of a sell). Even though this MM might in fact be the "high bid" and not really want to sell any more.

As a wholesaler he must perform or he will get a reputation as a "non-performer" with the "Big" houses and will cease getting "calls" which means he will soon go out of business. I mentioned above that this activity is very significant to BB stocks. I say this because most of the trades in these BB stocks are "unsolicited" and are done through discount houses.

With the above groundwork laid, let me try to explain how market makers get short even if they like the Company; Lets say that a stock (shell) has been lying quietly at $.25 bid $.50 offered. A limit order comes into one of the MM's to Buy at $.50 for a thousand shares. Prior to this trade that MM may be "flat" (neither long or short any shares). He fills the order and is now short 1,000 shares. He may raise his bid hoping to find a seller to "flatten" out his position. But before he realizes it a wave of buyers have come in and cleared out all the $.50 offers. Now the stock is $.50 bid .75 offered. Here comes that "Big" firm he just sold the 1,000 shares to at .50 with another bid for 1000 at .75. He makes this print. Now he is short 2,000 at an average of .625. The market keeps moving and now its .75 bid 1.00 offered. Now he has to make a decision.

Just like investors, MM Hate to take a loss. So 9 times out of 10 he will now sell 2000 at 1.00 making him short 4000 but with an average .81. At this time he would love to see a seller at .75 so he can cover his short and make a few bucks.

But instead the market keeps moving up. Now it is 1.00 to 1.25 and here comes the buyer again at 1.25. He doesn't want to lose the call so now he needs to sell 4,000 at 1.25 to keep his break even point above the bid. Now he is short 8,000. Market moves up to 1.25 bid 1.50 offer here comes the buyer now he feels he must sell 8000 here because "stocks don't go up forever".

Now he is short 16,000. And so on and so on. If the stock keeps moving up, before he realizes it he could be short 50k or 100k shares (depending how big his bank is).

Finally the market closes for the day and on paper he may look all right in that his "break even" price may be around the closing price. But now he has to figure out how to entice sellers so he can cover this short. It is important to note that if this happened to one MM it has probably happened to most all of them.

Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread.

Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight spread. Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon.

Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over.

Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short. They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques they use but the above are the most popular.

This technique works about 9 times out of 10 particularly in a BB market. However that is because 9 out of 10 BB stocks are BS. Remember what I said above. Most MM's don't have a clue as to the value of a Company until they get trapped. If the Company has solid fundementals and a bright future. Then the stock will do very well. And the activity that caused the situation will prove to even help the future stock activity because it created an audience
Posted at 12/2/2008 18:49 by liquid assets
Great value on fundies, healthy balance sheet, growing markets and a big gap on the chart to fill !

Hoping for a better year for growth investors.

Good luck all.
Posted at 04/2/2008 13:20 by goonertone
LA

I'm not sure you can ramp a stock that only has about 40 posts in a year despite 3 acquisitions in that time!!!!!

I agree that it is a horrible time for markets and the slghtest miss or threat of dilution has companies being punished severly. However it also has companies being mispriced after overeactions and their is money to be made for those who can find the roses amongst the thorns.

WNN is now down 65% since mid 2005 when profits were 1.6ml. Since then the company has acquired imako, cumulus, quattrocom,pop-i-media and pocket group. The vast majority of these have been in cash and deffered consideration has been in shares but based on profits acheived. Are tyhey expensive its difficult to tell but the imako deal appears to have been a success and the company has been winning significant new media deals so time will tell.

In addition the company said in the interims that the dividend announced was only an interim and that a final dividend was expected to be announced with the final results. So it looks like a progressive dividend policy is being put in place at a time when interest rates look to be falling should add further pluses to any would be investors.

GT
Posted at 28/11/2006 10:00 by recruiter
good statement, glad to see the company putting a positive side out. But not convinced me enough yet, £2m profit & then take out all your expenses.
Company need to start making more rns's with good news & need to get another MM on board to make this stock more "investor friendly".
Posted at 26/9/2006 09:29 by recruiter
absolutely not, I read the statement this morning & it seems that there is definite hope for a recovery here, however the market has not been impressed by them at all recently, the profits warning hit hard, mobile content stocks have been hammered, regulations hit hard, they lost O2, so they have a lot to prove to the city boys.

This is what they need to do imo:
Become more pro active in news for investors via RNS feeds.
The above ties in for a better PR team & a broker who will give them a positive push.
Get another MM as the current mm's have this stock at such an absurd bid/offer spread it puts off all would be investors.
Only then can they start to get & deserve a higher rating.
Posted at 02/6/2006 11:51 by recruiter
seems like a cross trade, someone wants out, someone wants in or more.
This is now one private investors should steer well clear of, management & house broker not to be trusted, management seem to not want to buy shares in the open market, lack of news given on a regular basis etc etc etc......
Posted at 22/9/2005 12:05 by mad4it
WJ - I think the biggest threat to an investor succeeding in the stock market is...themselves! People fall in love with their shares, all the time, even good investors and will look for any excuse as to why a share price is falling other than the obvious reason.

I expect that kind of behaviour from most of the investors I come across, because they're clueless, but my point was that even quality investors can kid themselves an obviously cautious tone in the forward looking statement in the results doesn't exist and all is well, that a relentless retracement is 'just volatility'.
Personally, I thought the caution in the forward looking statement released with results WAS alarming, it seems I was right.

NB: I'm not sure why you're asking me about a statement from the company in your last paragraph ? Where did I say the company should release another statement, or say that any new statement would affect my investing decision ?

...however, it obviously would influence my decision! Just like the last company statement in the results RNS influenced my investment decision. It's statements from the company that obviously influence the share price, yes ?!

So I'm really confused as to what exactly you're trying to say ?

However, as you've brought it up, a 35-40% fall should automatically trigger an RNS to the affect "The company notes the fall in the share price and knows of no reason..."

Therefore, I'd suggest they DO know why the price is falling & will eventually release a statement about it, probably announcing a placing. Otherwise they damn well better pull their fingers out and release an RNS denying they know the reason for the fall.

Good luck mate.

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