What’s your big gamble? (Volume 2)

[ferrisbueller]

I do wonder who is trading 13 shares (£2.96) and why.

[Adam B]

ferrisbueller said:

I do wonder who is trading 13 shares (£2.96) and why.

i have placed orders for say 10,000 shares and my order gets delivered as say 4 trades of 9,900, 70, 20 and 10

[-dadam02-]

Fat Thor said:

So all these buys yet still the SP drops, not sure I will ever get my head round how the pricing is decided.

Don't think its clear cut as this, under MiFID II both buyer and seller are required to trade report however there is the ability for some firms (MM's) to delay publication of their reports, for protection reasons. So the fact you are only seeing buys may not be the full picture and the sells may be published later. There may also be aggregated trades so the fact you see a buy for 10 shares doesn't necessarily mean you will see a sell for 10 shares (it could be part of a block trade for 100 shares, for example). Reported buys and sells are largely irrelevant, 'trade prc' is more important as this feeds into the price discovery process, i.e. at what pricing levels are buyers and sellers prepared to trade. What you don't see here is the weighting on the order book (supply and demand); are there more buyers than sellers having a positive effect on price or vice versa. So, i don't think these charts are necessarily helpful as they really give the full picture. and to top it off, none of the above is the full picture as there are many other factors that feed into where a price may be set.

[Adam B]

-dadam02- said:

Don't think its clear cut as this, under MiFID II both buyer and seller are required to trade report however there is the ability for some firms (MM's) to delay publication of their reports, for protection reasons. So the fact you are only seeing buys may not be the full picture and the sells may be published later. There may also be aggregated trades so the fact you see a buy for 10 shares doesn't necessarily mean you will see a sell for 10 shares (it could be part of a block trade for 100 shares, for example). Reported buys and sells are largely irrelevant, 'trade prc' is more important as this feeds into the price discovery process, i.e. at what pricing levels are buyers and sellers prepared to trade. What you don't see here is the weighting on the order book (supply and demand); are there more buyers than sellers having a positive effect on price or vice versa. So, i don't think these charts are necessarily helpful as they really give the full picture. and to top it off, none of the above is the full picture as there are many other factors that feed into where a price may be set.

exactly my point thanks

[ferrisbueller]

Adam B said:

ferrisbueller said:

I do wonder who is trading 13 shares (£2.96) and why.

i have placed orders for say 10,000 shares and my order gets delivered as say 4 trades of 9,900, 70, 20 and 10

Yes, I get the need to make up numbers for orders but I've seen numerous instances of odd looking trades (sadly deleted the screenshots) which were 1s and 2s in stocks worth 30-40p. Maybe there were lots of small or odd block orders that needed filling that day but for it to go on for extended periods was weird. There should really be more transparency, and no doubt some of the subscription services provide it.

Part of all of this is trying to find patterns and meanings in numbers which simply aren't there.

[Fat Thor]

Just trying to understand how price is determined , and obviously you can see trends is suppose. weirdly ggp hasn't moved or updated on 212 since yesterday...liquidity?


Adam, TTCF showed a + out of hours trades but now showing slightly under, just waiting for that online ordering announcement !

[JustinF]

Today's gambles are a little XPENG TTCF & SNAP with a side order of BOO top up

[Adam B]

todays gambles (aside from the aforementioned BOO) are ALBA and GWMO

paid for by selling sensible safe stuff

Pretty shocking day so far

Edited by Adam B on Tuesday 20th October 14:49

[ferrisbueller]

What's with SNG today? Is this an institution drip feeding the new shares into the market at 186?

[anonymous-user]

Fat Thor said:

Just trying to understand how price is determined , and obviously you can see trends is suppose. weirdly ggp hasn't moved or updated on 212 since yesterday...liquidity?

The price should update regardless of liquidity. I think they had an issue as the graph for GGP only started updating at about 2pm.

[anonymous-user]

Adam B said:

Pretty shocking day so far

Yep same here. And that only means one thing.... I must tinker to remedy the situation.... (usually make a bad situation worse!)

So sold 1/3 of my KEFI as that is very risky at the moment and bought BOO (it seems very low at the mo).

[petemurphy]

ferrisbueller said:

What's with SNG today? Is this an institution drip feeding the new shares into the market at 186?

weird isnt it - bit like deepverge yesterday the sp was completely flat for hours. least its not at 175 yet

[Zstar]

Found some cash in my trading account and bought a massive ten shares of NIO - this time next year Rodders...

I have made 2k from Tencent, so I have done some proper trades as well, but I don’t think I’ll be that lucky twice this year

[Aiminghigh123]

I’m up a fair chunk today.

Sold some CCL for a bit of profit. IAG is pulling me up nearly £1k that’s how much I have in!!!
CINE doing very well. Up 2.35% on whole portfolio.

Watching BOO on when I should buy it.

[ferrisbueller]

petemurphy said:

ferrisbueller said:

What's with SNG today? Is this an institution drip feeding the new shares into the market at 186?

weird isnt it - bit like deepverge yesterday the sp was completely flat for hours. least its not at 175 yet

Yes. I don't know what's going on. Is it a large holding gradually being sold off or? If private investors take their shares and the institutions all want a little profit, not sure the share price hits 175?

[dingg]

ferrisbueller said:

petemurphy said:

ferrisbueller said:

What's with SNG today? Is this an institution drip feeding the new shares into the market at 186?

weird isnt it - bit like deepverge yesterday the sp was completely flat for hours. least its not at 175 yet

Yes. I don't know what's going on. Is it a large holding gradually being sold off or? If private investors take their shares and the institutions all want a little profit, not sure the share price hits 175?

Numis have been on the bid all day at 186p

There's a big buyer out there taking everything numis can get, is the most plausible explanation..

[petemurphy]

dingg said:

Numis have been on the bid all day at 186p

There's a big buyer out there taking everything numis can get, is the most plausible explanation..

Let’s hope so

[dingg]

petemurphy said:

dingg said:

Numis have been on the bid all day at 186p

There's a big buyer out there taking everything numis can get, is the most plausible explanation..

Let’s hope so

My theory is that someone wants more than they were able to get in the placing and are happy enough to pick them up at 186p.
Expect some chunky tr1s in a couple of days

[ferrisbueller]

petemurphy said:

dingg said:

Numis have been on the bid all day at 186p

There's a big buyer out there taking everything numis can get, is the most plausible explanation..

Let’s hope so

I've been getting buy quotes of 186 all day so there isn't a shortage?

[dingg]

Exactly 186 or a smidgen over?