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driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

The buying persists. Mostly by purchases of odd amounts between 17,000 and 22,000. That is only around 250 a time. Don't understand the logic. Mostly AT transactions -automated trades on SEAQ so that presumably the seller(s) have packaged the amount in small dollops and they are being soaked up by buyer(s). A by-product appears to be that considerable volumes are traded without the price moving because the MMs are not involved. I bought about 130,000 (CFD) and had to pay 1.22 as largest volume at 1.20 was 50,000 (as I am only paying for 32,500 it means that three commissions are not justified). Anyone provide clarification?

Eric

maybe he ment April 1 thats agood red letter day.

Even more fascinating. The purchases are being made every two minutes two seconds! It appears that there is an automated system making purchases every two minutes. That's 30 an hour or 7500 worth. The plus for the buyer appears that he is not actually driving the price up. Curiouser and curiouser!

Eric

Must be a chinaman!

Or perhaps a googlie!

Greek,
Thats why I kept insisting it must be the 21st, but they kept insisting the 24th, even when told it was a Saturday.
I have no idea if the rumour is justified or not. I only posted it out of completeness and becasue it may make sense to someone else. It doesn;t to me.
Alan

hewittalan6

Please forgive my ignorance, but, 'red letter day'. Is that a positive or negative.

maybe its the 120 day Starpol 3000 milestone!

I have no idea!! I am assuming that because the original source was investing a largish sum in SEO, they expected positive.
Confused is not a strong enough word for how I feel, given this bit of rumour, the cryptic posts of such as pinnacle and the weird and wonderful dealing patterns today.
alan

so Alan is it time for you to buy back in yet?

Alan,

No problem, you made it very clear that it may make sense to others, and that is why you posted. Unfortunately it don't make sense to me.

hewittalan6

Thanks.

Guilty as charged, sellsell!!
I was waiting for the 1.16 I was sure would come, but based on the strange buying activity I got a chunk (though not all) back in between those automated trades @ 1.20.
Alan

The strange trading continues.
Not one every 2 minutes but 5 every 10 minutes!!

I assume that, because the trades are automated, there is a buyer and a seller. So the red trading figures that have taken over from the blue only signify how the price relates to that quoted by the MMs. One possibility that strikes me is that it is a way of closing a large short position without driving the price up in the process. The MMs have now moved the price up and we could be at the start of a rising market coming up to the results. If pinnacle and Alan have heard things then the rumour machine could drive the market up. AND! Its bound to get around that Alan has bought!!

Eric

Only as a sell signal......................

The mystery buyer it looks like his asleep as well.

thats funny lol.........lol......lol

Re books with automated trades.

For every buy there is a sell, and every sell a buy.
Someone owns them, etc.
All comments although factual, tell less than half the story.
It is the delays from buy/sell sell/buy, that matter, and the sp movement during that delay.
There are very often a large majority of shares floating round in the system. The less floating, often is the difference between, liquid and illiquid shares, IE brokers and to a less extent the mm's holding a certain percentage of shares.
So yes for every buy there will be a sale and visa versa, but not at the same time, otherwise the market freezes in that share, IE illiquid.
But if there is a large trade, buy or sell with a then large gap between the opposite trade, again this would signify an illiquid share.
The statement of the 6,000,000 being a sell (see WT trade of yesterday) is only an indication from the average price of the day.
Only those involved in the deal, either and the broker and mm's through which the deal was done, or if already being held by the broker, only that broker are fully privy to whether it was a buy or sell.

The above is my take (for what it is worth) on the auto trade order book.

a "red letter day" is a any day of special significance.
Some trivia in Aladdin's "A Whole New World" the princess says, "every moment red-letter" not "every moment gets better".