Aerotus
F... hell ..... they better had do
Thats where we are all going to end up if these chinless wonders keep hammering this share price like this

There must be a huge seller in the background for the price not to rise with all this buying!

What happened to the 43 million from Morley Fund? Can't be involved in this they wouldn't throw that kind of money away!!

Am I correct in saying that THUS is not a Market Maker share???

Traded on SETS and of course by brokers, not forgetting the real villans of the act the 'Institutions' they being the ones that do large deals that are never seen by the market until the RNS is published.

Whats the RNS????

simon click on 'News' in the header

Pity the poor sap thats just paid 22.5p to buy 157k
just goes to show there is always someone worse off than yourself

Aerotus

How do you value this company at double on fundamentals - it is loss making so any fundamental value is surely only speculative. I agree the price fall has been overdone but I feel that the sector is so under pressure that a couple of the negative comments in the statement were all the market needed for this to be marked down/the shorters to pile in. Any other sector comments are likely to drag it further

Ps I dont hold this share but have been watching recently and will continue to do so.

OK, so RNS is a release of news yes?? sorry, still get stuck on all these turms :)

Also, as with many people I guess, I am currently looking at the Level2 demo you get for free for the next week or so with MoneyAM, now if I look at THUS I see the buys and the sells, but I dont understand why this does not instantly effect the buy and sell orders, is there a delay?? or as is far more likly, am I missing the point??? I have read the most useful "read me" that MoneyAM have supplied (most useful I must say) but it implies (to me) that when somebody makes a sell you should see that removed from a selling order, but I dont see that?? Anybody care to share there knowledge???

Ta

S its only the AT trades that effect the share price

RNS is the Regulatory News Service. If you have the stocks you hold on stockwatch you will get a N next to the share if any news is released that day.

As for level 2, your understanding would be correct in a perfect world where market makers didnt exist. It is also possible that people input repeating orders, ie sell 20k and as soon as it is sold, sell another 20k and so on. i believe if you search you will find a thread on level 2 which explains in a lot more detail (too much for most)

Rampage, reckon that trade @ 22.5p must have been entered incorrectly

Rampage

OK, I am getting it now, so whats AT stand for?? and what are the other codes for (and what do they do), ie if they dont effect the share price, what are they??

Mr Fundamentalist

Interesting what you say about the company value, I only purchased THUS today, I have been looking for a while but thought this low price was to good to miss, now based on there profits and such, its still looks a good year or two before they even break into profit. I am buying this share based on what it will be worth in 3 years.

Simon,

You will find a list of these abbreviations for the codes on our help pages under trades, but here is rundown of what you will find there:

Code Definition
O Ordinary trade - A standard type of trade with normal settlement date traded through the Market Makers.>
B Broker to Broker Trade. A transaction between two broker firms.
EU Euro Automated Trade
ER Euro Trades
K Block Trade - A transaction utilizing the block trade facility.
L Late Trade - when a trade is reported to the Stock Exchange some time after it has been executed it is known as a Late Trade.
LC Late trade correction.
M Market Maker to Market Maker. As the name suggests this is a transaction between two Market Makers who are registered in the security which is being traded.
N Non Protected Portfolio. This is normally a transaction of a number of stocks dealt with by one market maker at an agreed discount to the market price.
NM Not To Mark. In some cases the Exchange can grant permission for non publication. This is known as a Not to Mark.
NR Non Risk (SEATS). As the name suggests this is a non risk transaction.
P Protected Portfolio Transaction.
R Risk less Principal transaction at a different price
RO Result of Option. A transaction which resulted for the exercise of an option
RT Risk Trade. (SEATS) A risk transaction.
ST SEAQ Trade. This is used for the single uncrossing trade. Gives details of the total executed volume and uncrossing price as a result of a SEAQ auction.
SW Stock Swap. Transaction comprised in a stock swap or stock switch
UT Uncrossing Trade. This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SETS auction.
X Cross at the same price.
AT An automated trade generated by the SETS system through the order book. (Level 2).
PA a protected transaction at the time that protection is applied.
PC Post Contra. When the contra trade is not on the trade date this is used to report it.
T If reporting a protected transaction.
WN Worked Principle Transaction. When a member firm enters into a worked principle agreement for a single security this is used to notify the Exchange.
TS Test Security. Used when testing trade reporting.
WT Worked Principle Trade.
CT Contra Trade. Used to publish a contra trade in previously automatically executed trade through the order book.
AI Automated input facility. Used when a member firm has disabled its automated input facility in response to a request from the Exchange.
PN Worked principle Portfolio Notification.
VW volume Weighted Average Price
RC Regulatory Conformance.
BC Bargain Condition.

Ian

Just beat me to it Ian

Thanks..

Making much more sense now, I have looked for the using level2 posts in both Traders and Inversters rooms, cant find nothing, if anybody comes across the using Level2 thread please let me know

Sorry, I will try to shut up soon...

If only AT prices effect the price and most are O trades, then when people go spazzy (now theres a word) about ramping, well how would people ramp a share when most trades are O, am I correct in saying O shares are what most peoples would be if they buy from say TDWaterhouse????

I'm assuming some large late sells from the institutions after 4-30pm, is prob. the reason for this not creeping up a bit?.IMHO

Any thoughts????////

Agreed fairford, there have been a multitude of buys, but price is being depressed buy a large seller. Give this a few days to clear up before buying.