Xlmedia Share Discussion Threads

[tvh123] 04/2/2021 18:01

They've simply been given time to get ready for the possibility of negative rates - the outlook would have to deteriorate significantly over the next 6 months for it to even be considered. A long way to go before you get to the possibility of a goon spike

[john09] 04/2/2021 17:28

Bank of England warning that Negative interest rates coming

Watch every goon plough all they cash into the stock market

I await the spike :)

[sphere25] 04/2/2021 17:22

Rogue uncross on small volume in auction there John. I'm sure seasoned folk like yourself have seen it happen all the time on the Setsqx shares - distorts the price alot. Based on recent moves, that penny gain is actually a mahooosive win for XlM too!


No problem Robow. It's easy to look like a silly sausage when you microanalyse, and the more specific we go, the more perilous it can become. Market is so fluent and dynamic that there are clearly numerous factors at play. Some of the things we say can come across as being rather simplistic.

So here goes, suffice to say I just want to see if there is a Rocketship type move here on the back of Axxion clearing as per all the other overhang type plays highlighted. It's always more intricate with XLM because.... well... it is XLM.... but I'd say Axxion have at most 8.1m minus both sides of the 500k buys reported so 7.6m.

Not alot more needs to be said now from a purely technical playbook here. Just watch for the big blocks being exchanged to clear out that amount and then we'll find out the real extent of their influence.

All imo
DYOR

[john09] 04/2/2021 16:37

Only up a penny unfortunately

[robow] 04/2/2021 16:32

thanks Sphere for your interesting insights

[sphere25] 04/2/2021 16:26

Ok so Axxion have had all day to come in here and sell the price down, but unlike almost every other day recently, the price has been moving higher all day and is actually set to close at the intraday highs (with the price currently up nearly 7% at 39.5p, EDIT: rogue auction with small order uncross results in a close of 38p) and actually make a first bullish technical move in a while.

It does therefore look like they have pulled the offer on the remaining shares and it would appear that they have been a big sole drag on the price. It remains to be seen if they have downsized to an amount they are content with or can see the strong demand for shares in the mid 30's and will let the market bid the share price up to a level where they are happy to sell the remainder.

Either way their influence is waning so some cause for optimism on the price here.

All imo
DYOR

[wapper] 04/2/2021 15:07

60p on cards from here

[john09] 04/2/2021 10:45

Filipe

How are you doing?

[john09] 04/2/2021 10:29

It’s looking that way

Actually I’m hopeful of 80p this year

[john09] 04/2/2021 10:21

Blue as i suggested

[scubadiverr] 04/2/2021 10:05

I'm overweight on RBGP at 20% having endulged Milton's generosity. I appreciate its not your strategy but a very promising company already and only at the start of it's journey. Shame at the drop today - Hopefully XLM will more than make up for it. The signs look promising and on a longer term view I'm sure it won't be ong before we start to gain traction on US news

[sphere25] 04/2/2021 09:50

Taken a few here.

Shares on offer in XLM dried up quickly yesterday at 36p and there have been no shares available to buy at 37p for much of this morning, though there are some now. It remains to be seen if that is a first sign of the shares available around these price levels drying up to allow a significant technical move higher soon.

Haven't seen any delayed prints yet and trying to work out the exact mechanics of a large seller isn't always straightforward. I don't know if Axxion have sold enough at these levels or accepted that there is sufficient demand to allow them to realise a higher price for any of the remaining shares they want to sell.

Everyone can see the recent buys coming in here with prices being paid well through the offer at times so they could pull the offer to get more. That's exactly what Premier Miton did at RBGP recently, having been a big drag on the price and selling alot in the mid 50's.

Having missed the move in RBGP (after highlighting them - Ouch! BlunderVille!) thinking Premier Miton would continue selling down in the mid 50's, just a tad wary of making the wrong assumption on the price of the remainder of the shares to be sold here.

Rather sit on some and it fart about here than miss a move higher so there we go, psychological buys at play.

All imo
DYOR

[iandippie] 03/2/2021 16:47

Crikey. Another day like today and I'll break even!

[sphere25] 03/2/2021 16:35

Thank you for the follow scubadiverr. Seem to be getting a few followers of late. I'm sure I had about four followers not so long ago and one was a mate and one was ADVFN so...erm...yes....there you go!

You can only laugh at these things :-D

Been posting since 2008 and the average post is every other day or so it has been a surprise. All appreciated. Just trying to use some experience to help folk out. Prone to be wrong like everyone else too.

Sounds like ADVFN want your money Scubadiverr :-) Features all in line with the green stuff!

[scubadiverr] 03/2/2021 16:20

Unfortunately my free account won't let me keep track of a poster's history. I've had you on foolow foemr a while but unfortunately I can't access your posts via the link. At least not using the app anyway, might try the desktop. Long may you keep posting

[rumbers2] 03/2/2021 16:12

Me too! I suspect Sphere is a super android.

[scubadiverr] 03/2/2021 16:10

Your quick Sphere... Beat me to it! If your don't mind me asking, how do you keep such a keen eye over so many stocks? You might be the only poster who I'd pay a subscription to follow!

[sphere25] 03/2/2021 16:07

Two further 500k buy prints @36p a few minutes ago.

Any more delayed prints?

Eating into Axxion's position gradually.

All imo
DYOR