for more information about stanelco click on the links.

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

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".

Thanks, greekman. I have assumed that the trade is automated in the sense that it is effectively a computer match: e.g. a potential buyer sees shares at a price on a computer file and says I'll have those. If that is the case, how does the manager of the trading operation get his cut? Have you looked at the SEO trading today? - the comments above were about regular 'buys' of a random of shares between an upper and lower limit; then five blocks of shares with exactly the same time, this time at 10 minute intervals. All this being done without any seeming effect on the quoted price - if they had been an 'O' transaction there would have been a considerable movement in the sp.

Thanks in anticipation, Eric

Morning Eric and all,

I agree that if these trades had been O trades it probably would effect the sp more than @ trades. It always depends on that usual market force of supply and demand.
I understand anyone can apply for access to place shares via the order book as a buy or sell, but I have no idea how as I don't trade that way.
If you place an order at a set price or as a max/min through your broker, that broker will sometimes club your request (if small) with others on the order book.
So as you say when that price is matched, deal done.
As to the trading operators cut, I admit to having no idea, if placed by a none intermediary, IE direct.
But if it was via a broker, it would be the usual dealing fee, commission.

As said previously, that is how I understand the system.
Having never worked in the Financial Share world, I can only go by my study via books on the subject.

I would appreciate (if not going too far of thread subject) a brief explanation re the auto book trade from anyone with inside knowledge.

Or if I am basically right confirmation.

Thanks Greek.

Anybody been(or is going) to Coventry from this or any other board?