50p by end of today??

I've just placed a sell order at 20.45

Hold onto them Admin

comment by Lefty (U17934)
posted 55 seconds ago
Hold onto them Admin
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I think we will see a dip as folk like me profit take.

Hope so - good chance t top up again

anything below 15p and Im back in

Out at 19.2

dropping again

All I want is £3 and im happy

lots and lots of selling

p.s. what are MM's ?

Timed that well admin. I think next week will be the big one. Plenty of press coverage over the long weekend. Also, don't forget the yanks come into play after 2pm... It's still game on here

what a day - up & down..managed to hold my nerve and held on to these

Have a feeling next week will be a good week
just a couple of questions:

what the heck are MM's, too embarrassed to ask on the lse boards as it seems to be common knowledge.

comment by Lefty (U17934)
posted 7 minutes ago
p.s. what are MM's ?
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Basically a guy who holds a decent number if shares and who will facilitate a buy or a sell order for the "market size" say 5,000 shares. They make their money on the bid ask spread, but can be left exposed if there are no buyers. I sold during the credit crunch 20,000 shares at 14p and the MM had to sell them at 2p weeks later before the company was De listed.

For small stocks these guys can really screw punters by holding large sell trades back and produce an illusion of increasing prices. Or vice versa. I tried to sell at 20.2 when bid was 20.5, but couldn't get the sell executed, ended out under cutting the bid price three times before I got out at 19.2

MM are your direct opponents lefty... Ordinary folk use level 1 to access share info, Level 2 can give you a better insight into a stock's price action, but there are a lot of things that market makers can do to disguise their true intentions. the average trader cannot rely on Level 2 alone.

Probably safe to say average traders like us aren't going to out-wit the MMs, best to invest in companies that have solid foundations. Then be patient.... Reckon the mms will play plenty of tricks on AMC Tuesday, but still expecting 30p at some point next week

Thanks lads

Level 2 is only really "needed" once you drop below ftse 250 as the huge volumes and number of MM's at that level leave less room for manipulation. Aim stocks are the equivalent of the wild west of investing, where the bid ask spread can knock 10% off your investment straight away. It's full of half truths and organised ramping.

23.5

fingers getting twitchy now...

Good price for you to call it a day lefty. Ive been in this for far too long to bail now. Staying in yet.

Well done for holding fire. Will be keeping an eye on this.

It is a good price to sell - have an average of 10p.

I'm holding and seeing how this pans out this week. I still see further rises, markets only been open a few hours.

Still see further news developing.

Holding...but mouse is hovering over the sell button.

You got quite a large holding. All the best

I sold on Friday at 19.2. Think Afridi has a decent holding.

Sorry - was referring to Afridi, he pointed me to this share, so have to give him credit for this one.

Still don't like him though

Yeah, I've got a decent chunk in this. Textbook approach would be to probably sell initial stake and leave the rest for a free ride, but I just think a JV / or take over is coming, no other way they can go into production. Maybe a bit of stupidity not to sell some when in good profit, but I'm going to take that risk.

Lefty, I've been doing the dummy sell a good 4/5 times this morning though

Sorry - was referring to Afridi, he pointed me to this share, so have to give him credit for this one.

Still don't like him though
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As long as you support India, the feeling will always be mutual mate

me too, been counting how much I am up by. Mind you, I only have 17K shares, currently up around 2k.

I really have some confidence in this share, all the signs look good.