bosley
- 20 Feb 2004 09:34
XSTEFFX
- 04 Mar 2008 09:34
- 25835 of 27111
28p here we come.
dawall
- 04 Mar 2008 09:42
- 25836 of 27111
Anyone know at what point sp increases/decreases / spreads start to step up to 0.1p jumps as opposed to 0.01p jumps? 1p plus or is it whem market ,akers feel like it or when volumes pick up to even more significant levels?
Tonyrelaxes
- 04 Mar 2008 09:49
- 25837 of 27111
Boldtrader
Sure, as (if really!) we approach breakeven (helped no end by my doubling my holding last week at a fraction of the first half) will come the temptation to sell to get out and breath a HUGE sigh of relief.
But the sad thing would be I would miss the collective misery among the long term regulars here. LOL.
greekman
- 04 Mar 2008 09:58
- 25838 of 27111
Hi dawall,
It's all up to the MM's. But they do tend to take note of increase in demand (as you rightly state increase in volume), hence the big change over the last few days of the usual spreads of up to 10% on occasion down to 1% or less over last couple of days. Liquidity is increasing with the renewed interest.
PATISEAR
- 04 Mar 2008 10:10
- 25839 of 27111
dawall
Unfortunately SEO is reported on LSE and Plusmarkets. This practice distorts the SP.
In the last week there were nearly 500 million SEO shares traded. Most of them, about 75%-80% were traded on Plusmarkets, and most of them were BUYS.
Yet it is the trades reported on LSE which influence the SP up/down.
Today, there are over 60million shares traded on Plusmarkets, and 22million on LSE,
but it is the LSE trades that influence the SP, imo.
hangon
- 04 Mar 2008 10:11
- 25840 of 27111
You've only got to look at the 4-yr sp graph to see what you are buying into. Good Luck - but I haven't read anything that makes me believe this outfit is fitter for purpose than, say, a week ago before their hopelessly - worded RNS.
As I see it, without any "business-related News" these recent increases are folk getting into something that will fall-back. If there had been some sea-change, fresh Orders (Profits, even?), the RNS would have said so. In the absence of that: - Beware!
explosive
- 04 Mar 2008 10:16
- 25841 of 27111
The management know how eager shareholders all are waiting for news so if there were any I can't imagine they'd hang around before announcing.... My guess is that the rises are maybe a competitor buying up stock, if I'm correct and RNS to follow... Ultimatly though who knows..
nkirkup
- 04 Mar 2008 10:33
- 25842 of 27111
Could be BPRG perhaps
hangon
- 04 Mar 2008 10:34
- 25843 of 27111
The trades appear "real" - so presumably someone could be buying any distressed stock with Bio-Plastic anywhere near the "products we sell" literature - and that's it. Sure a t/o is a possibility but soon they'll have to address the fact this outfit is Dull, Dull, Dull . . . . . . but it's exciting to watch!
BPRG has changed its name and little else - it's now Meldex - a real stunner of a name - really says it all.
jimward9
- 04 Mar 2008 10:35
- 25844 of 27111
including plus market trades thats 100m traded so far today !!!!
garyble
- 04 Mar 2008 11:40
- 25845 of 27111
There is nothing to substantiate this rise in SP, so I expect a retracement after results, especially as I assume there will be no fireworks in them and simply a little more "jam tomorrow" and a request for patience!
I believe this is the work of day-tarders.
tweenie
- 04 Mar 2008 11:55
- 25846 of 27111
Who keeps buying the blocks of million shares?
stockdog
- 04 Mar 2008 12:01
- 25847 of 27111
More value as a cash(less?) shell with a full listing than a plastic bag seller IMHO!
garyble
- 04 Mar 2008 12:04
- 25848 of 27111
Tweenie,
Just for my peace of mind, I'd like to believe the background noise is day-traders, so lets say of the 130m shares traded so far a significant portion imo is day-trading.
Of course, with the sudden rise, there is also the element of the opportunist investor/punter, etc, etc....
required field
- 04 Mar 2008 14:29
- 25849 of 27111
This will be included in ftse 100 soon, please... those who have enjoyed the rise from a very low start... think about profit taking !
hewittalan6
- 04 Mar 2008 14:38
- 25850 of 27111
As I type, SEO appear to be in some kind of auction position again, with the spread reversed.
robinhood
- 04 Mar 2008 14:59
- 25851 of 27111
Only about 140 trading days with similar s/p rises as today and we're back at 28 p p/s again-(Better shut up b4 they put me in my straight jacket again)
required field
- 04 Mar 2008 15:03
- 25852 of 27111
This stock (at the moment) is only good for one thing, buying and selling short term, long term what does this offer ?..... diddly squat (some people might say) !
jimward9
- 04 Mar 2008 15:11
- 25854 of 27111
.8p now back to what schroder/barclays and some of us paid at the last offer, lets see how many cut and run.