sagem1
- 05 Oct 2003 16:17
It is stated in Saturdays Sun under Sun City that shares will be issued to investors at dicounted price 6.25p. Looks like a rights issue after all.We should hear the good news this week I hope.
Caracole
- 09 Oct 2003 18:57
- 16 of 26
I've been in a couple of weeks now and it's beginning to look interesting. I look at the live stream whenever I can, and can't figure out when buys are sells and vice versa. It baffles me - any help or explanation would be much appreciated
upanddown
- 09 Oct 2003 19:04
- 17 of 26
I would of thought if you look at the price actual price paid on the streams as opposed to the bid offer, then you may get a true reflection of the scores on the doors.On top of which all streamers state not to be accepted as true so as not to influence your judgement.
washlander
- 09 Oct 2003 20:31
- 18 of 26
It is when so many prices are in black and between the bid and sell price that I cannot work out.
washlander
- 11 Oct 2003 17:51
- 20 of 26
If this co. is the 5th largest player who are the other 4. Please
dclinton
- 12 Oct 2003 18:57
- 21 of 26
Well, BT will be in there, Demon's probably one of the top 5. Easynet are probably in there, too. The other one, anyone?
hightone
- 12 Oct 2003 21:25
- 22 of 26
Fibernet cable & wireless, ntl,aol aao (-:
HT.
Stocktrader
- 14 Oct 2003 20:58
- 23 of 26
Kram, Caracole, sorry for delay, dont look in here all that often.
Its called manipulation. Its done by both market makers and institutions. They have become very adept at disguising trades. Most of it is in the timing. Take a share price of 5 on the bid and 5.5 offer at 10am. A sell of say 10 x normal market size is placed at 10am @5p. Because of its size it does not have to be reported as it happens, it could therefore show up 3 or 4 hours or so later. Now its 1pm the bid/offer drops to say 4.5 / 5 . The trade is then shown, and of course it looks like a buy when in fact we know it was a sell. In addition to that, trading is often done inside the bid / offer and sometimes very close to either side of the Mid price or even at what appears to be the Mid price at a single point in time. It is therefore to answer your question fairly pointless, however if you study the trade prices very closely as they come in you will notice that the prices do change slightly without effecting the bid/offer. This can sometimes give a clue as to what is really happening. Level 2 data also helps.
My apologies for the essay, hope it helps.
dclinton
- 15 Oct 2003 10:10
- 24 of 26
Stocktrader,
Interesting post which raises some questions for me:
1) Why do large trades not have to be reported when they happen?
2) Do I take it that whether a trade is reported as a buy or sell by a system like AM is inferred by which side of the mid-point the price is and that the trade information coming from the market does not actually say whether it is a buy or sell?
3) Some trades go through as 'Unknown'. If 2) is true, would this be because they take place at the mid-point of the spread?
Thanks.
Doug
IanT(MoneyAM)
- 15 Oct 2003 10:21
- 25 of 26
dclinton,
With regard to your points 2 and 3 - please refer to the disclaimer at the bottom of the MoneyAM Trades page which will give you all the information to answer these questions - but basically on these 2 points, your asumptions are correct.
Regards
Ian
dclinton
- 15 Oct 2003 11:39
- 26 of 26
Thanks Ian. I've never scrolled down that far before :-)