bosley
- 20 Feb 2004 09:34
proptrade
- 18 Aug 2005 17:28
- 8427 of 27111
Paul..this stock is MM and order driven so please don't go blaming the MM who will " drop the price to fill big orders now" sounds amateurish mate!
you know i like your views and dedication to the board but that is a bit of a misguided explanation to the drop.
basically slow day, few sellers about and lack of concerted buying. simple explanantion without the consipacy theory!
stockdog
- 18 Aug 2005 17:58
- 8428 of 27111
I've read that today/tomorrow is settlement day for T20 traders who bought on credit hoping fpr a quick profit for zero cash outlay. The MM's drop the price on closing day forcing them to sell at a loss or roll over and earn them a commision that way.
Is this true and is this why many shares, including SEO, have dipped today for no apparent reason? Are T20 periods fixed and where can one see the dates involved? Any knowledgeable views welcome.
sd
Oilywag
- 18 Aug 2005 19:20
- 8429 of 27111
Paul
I seem to remember you saying that you worked for a broker. If that is so, why do you say that MM are manipulating the price so that they can satisfy some orders coming through. I believe that there were far more buys than sells in terms of shares traded as opposed to the actual number of trades. And if there are big orders coming through, surely that is a sign of faith in SEO by larger than mere retail investors.
Correct me if you think I am wrong.
I would hazard a guess that SEO are likely to release some good news prior to the EGM just to prime the pumps in case there is a slight nervous or negative reaction to what is, or how the proposals are going to be presented to shareholders.
The oily one
insiderinside
- 19 Aug 2005 04:37
- 8430 of 27111
A little off topic - but also on topic as we might be losing PM1 - banned from ADFN and now suspended on FYB - appears he is starting his own website and so as he is in competition with other services like ADV - MAM - FYB - we might not see him anymore.
A post copied over from FYB (fillyaboots) - hope they do not mind -
Posted: 16-Aug-05 at 20:52
I would like to pass on to all thread users the following quote from an email I have just received from Paul Masterson:
"FYI I am now going to build a new website, it will contain research on long term growth stocks, in the same way my Stanelco Research website does, it will not contain any suggestion of future price predictions, but will, like lemminginvestor, select various stocks with huge potential, it will also contain discussion forums, which I will administer.
For 48 a year I get what I want, a place to put all my research, a discussion forum where I can ban the abusers permanantly, and my own domain name, I call that a bargain.
I guess that means we will be in competition, so forget the reinstatement, conflicts of interest and all that."
I think that makes the situation very clear. PM1 has voluntarily relinquished his membership of this site. Needless to say, Fillyaboots will of course accede to his request not to be reinstated as a member.
insiderinside
- 19 Aug 2005 04:41
- 8431 of 27111
Back to SEO - looks like a possible fall to 17p or 18p levels -
Under pressure now - still only 2 confirmed orders and 1000 in the price.
Big debt coming - placing maybe - please vote yes at the EGM !
Big loss at FY results in 2006 - LOL - ;-) - What a stock - what a ramp it was IMO !
And there is no need for things like profit warnings - SE0 have not made a profit for many years - and never stated they would be making a profit - only others have been saying that - the company not - so onwards they go to yet another loss IMO !
niceonecyril
- 19 Aug 2005 08:20
- 8432 of 27111
Been catching up on the latest posts, some excellent stuff.
Eric not sure about the 4 month delay with ASDA,page 43
from the Biotec aquisition document concerning Greenseal.
States 14 days from the 23rd March, also goes on to say,
that they can terminate this agreement if targets are not
met.
regards
cyril
paulmasterson1
- 19 Aug 2005 08:23
- 8433 of 27111
Oily Hi,
If as I suggested, the MM's have lowered the price to fill big orders, that fits in my book, as there were big orders, at very good prices, you know institutions never pay the ask price, more lik mid price :)
I agree with you that news is likely but as a 'trading update' on the day of the EGM, typical use of a meeting is to sneak in updates, rather than beforehand, unless there is a deal to announce that is, in which case it will happen when it happens, they cannot delay such announcements, if they know, the market has to know at the same time.
Cheers,
PM
Snip
- 19 Aug 2005 08:48
- 8434 of 27111
We are getting a very healthy re-test of the 38% fib retracement
candle volume down from 22 is very narrow ie the retracement is not on much volume. It all looks very good and in line for a nice support on the uptrend line from feb
bhunt1910
- 19 Aug 2005 11:30
- 8435 of 27111
An interesting article re frogpack - mentions the new 'FlowerFrog' and 'QuadFrog' packaging
http://www.packagingtoday.co.uk/story.asp?sectioncode=42& ;storyCode=35146
Baza
bhunt1910
- 19 Aug 2005 12:03
- 8436 of 27111
This really is bobbing around today - could it be that MM's are doing a tree shake? - if that is the right term ?
Baza
proptrade
- 19 Aug 2005 12:53
- 8437 of 27111
no really the right term, but the right sentiment. please remember than since htis is order driven it means the stock is now ORDER DRIVEN! the MM's can mess around and try and control the stock but it is the punters who are leading the way.
today is a no news day. A few stale sellers around and not too much convincing buying. a perfect day to job a few hundred thousand shares for a quarter of a penny....
news will move this next, lack it it will see a slow drift.
rgds
PT
bosley
- 19 Aug 2005 14:35
- 8438 of 27111
unusual. a few weeks ago the drop below 20p created a little bit of panic. today everyone seems calm. or are we now back to investors and the traders have f**ked off to pastures new?
bhunt1910
- 19 Aug 2005 16:48
- 8439 of 27111
Dont worry Bos - I am panicking - but still in for the long term
Have a good weekend
Baza
proptrade
- 19 Aug 2005 17:02
- 8440 of 27111
low close was on 148 shares only....(there was a buy of 24,000 and a sell of 24,148 a spead lower). means not a lot..up 1 on monday!
bhunt1910
- 20 Aug 2005 23:45
- 8441 of 27111
Didn't want to see this drop off the top page - now did I !!
Baza
someuwin
- 20 Aug 2005 23:48
- 8442 of 27111
EGM coming up - should be some v. good news and positive update.
bosley
- 21 Aug 2005 10:56
- 8443 of 27111
got myself a margin call letter yesterday. bugger!!! someuwin, better bloody had be!!!
bhunt1910
- 21 Aug 2005 11:45
- 8444 of 27111
Me too Bos
EWRobson
- 21 Aug 2005 17:15
- 8445 of 27111
Bad luck, bos and baza - know how you feel. I have learnt to close positions on a down run whilst still positive but still heavily diluted. The guys who are gaining are the brokers on their commission. But we will be the big winners! Once again, I will use the margin to add on the rise and hopefully this will lead to either a break through or a continuous rise on the long-term trend.
sharesure - I'm a cfd holder rather than shareholder; perhaps I should buy a regulatory single share which would then be taken as a strong buying code in the market and the price would rocket! lol! Will look forward to your feedback.
Typical ii - produces a selective chart showing the share retracement only without the previous rise. snip has a much better view seeing a fibonnaci retracement of 38% but also the return to a trend line from february. Not surprising that there has been a gradual easing of the sp during August with most institutional investors away on hols and short-term traders closing positions. Significant that SEO have chosen Wednesday after the bank holiday for their meeting when they should get all the sun-tanned analysts back, drooling at the lips. I note that Evo did in fact up-date their forecast on 8th August (as did Fyshe Horton Finney) raising the projection for 2006 to a pbt of 6m or 0.5p per share. sp should move ahead from 30th August so this week might be good time to buy.
Eric
Oilywag
- 21 Aug 2005 18:36
- 8446 of 27111
EW
If you're going to the meeting, make sure you go on Tuesday which is the 30th and not on Wednesday!
Don't you know that SEO seem to have a habit of releasing their share price affecting news on Tuesday?
If anyone is going, can they ask why the US web site is taking so long to get organised? Given that most of their future depends on the US, they should really get it organised asap.
The oily one