FDM - Freedom Oil and Gas

Trembling Hand · 23 January 2013

Re: MAD - Maverick Drilling & Exploration

Jancha how does one insto "manipulate" it when they are competing against the others?

Do the exercises? To make a stock fall you have to sell it. Once you have sold it then what? You don't own it or worst are now short and transferred the ownership to another insto, your competitor? How is that going to help you?

jancha · 23 January 2013

Re: MAD - Maverick Drilling & Exploration

Trembling Hand said:
Jancha how does one insto "manipulate" it when they are competing against the others?

Do the exercises? To make a stock fall you have to sell it. Once you have sold it then what? You don't own it or worst are now short and transferred the ownership to another insto, your competitor? How is that going to help you?

A lot of traders trade on a technical basis. If thats true then why can't an insitute trigger a down trend and accumulate it back slowly at a lower cost.
The reason why i'm asking if this is possible is because of Mavericks share price of 57c.
Surely they're in a better position than they were a year ago? Perhaps the Market was expecting more i dont know.
Maybe you could shed some light on why it's being sold down then instead of asking me to do the maths on manipulation?

skyQuake · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

jancha said:
A lot of traders trade on a technical basis. If thats true then why can't an insitute trigger a down trend and accumulate it back slowly at a lower cost.
The reason why i'm asking if this is possible is because of Mavericks share price of 57c.
Surely they're in a better position than they were a year ago? Perhaps the Market was expecting more i dont know.
Maybe you could shed some light on why it's being sold down then instead of asking me to do the maths on manipulation?

Well lets see this month's total shares traded:

39m traded

5 Biggest sellers (m):
Shaw 3.9
Macq insto 2.5
UBS 1
CS 1
CCZ statton -0.5

5 Biggest buyers (m):
Commonwealth 2.5
Bell potter 2.2
AIEX 1.8
RBS 0.8
CMC markets 0.7

5 biggest sellers sold 9m shares
5 biggest buyers bought 8m shares
Does that tell me anything? Nope.
Biggest buyers were commsec and bell, ie retail.
Lots of instos selling. Does this tell me anything? YES!

CanOz · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

skyQuake said:
Well lets see this month's total shares traded:

39m traded

5 Biggest sellers (m):
Shaw 3.9
Macq insto 2.5
UBS 1
CS 1
CCZ statton -0.5

5 Biggest buyers (m):
Commonwealth 2.5
Bell potter 2.2
AIEX 1.8
RBS 0.8
CMC markets 0.7

5 biggest sellers sold 9m shares
5 biggest buyers bought 8m shares
Does that tell me anything? Nope.
Biggest buyers were commsec and bell, ie retail.
Lots of instos selling. Does this tell me anything? YES!

LOL...Priceless!

Vader · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

jancha said:
A lot of traders trade on a technical basis. If thats true then why can't an insitute trigger a down trend and accumulate it back slowly at a lower cost.
The reason why i'm asking if this is possible is because of Mavericks share price of 57c.
Surely they're in a better position than they were a year ago? Perhaps the Market was expecting more i dont know.
Maybe you could shed some light on why it's being sold down then instead of asking me to do the maths on manipulation?

Announcements over the past couple of months provide some clues, not all have been good news.

...just to highlight how they've started to disappoint some of what has been hyped up - in their AGM presentation (16th Nov), their drilling program talked about them drilling their first High Impact Target (Groce #305) currently being drilled. They mentioned that drill hole a few times in the announcement... yes, it's only one hole and there will be plenty more to come, but it was their first target and obviously had some hope riding on it.

...then when they announced the details of the JV agreement (3rd Dec), at the bottom of the announcement they mentioned that Groce #305 had been drilled, did not encounter any hydrocarbons and was plugged (it wasn't low volumes, but bone dry... not really what investors wanted to see from their first high impact drill target).

The December quarterly report is going to be interesting reading (due out Jan 31st)... the higher sell off in the last few weeks could be indicating they don't expect too much from that - will there be a price recovery once that report comes out? or will it cause further sell off (or will that already be factored in by the time the report comes out)?

Interesting times, and all they need to do is find some oil in their drill holes and the price will undoubtedly shoot right back up... but drilling empty holes isn't really what investors want to see... they need to find more of that black stuff.

tinhat · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

skyQuake said:
Well lets see this month's total shares traded:

39m traded

5 Biggest sellers (m):
Shaw 3.9
Macq insto 2.5
UBS 1
CS 1
CCZ statton -0.5

5 Biggest buyers (m):
Commonwealth 2.5
Bell potter 2.2
AIEX 1.8
RBS 0.8
CMC markets 0.7

5 biggest sellers sold 9m shares
5 biggest buyers bought 8m shares
Does that tell me anything? Nope.
Biggest buyers were commsec and bell, ie retail.
Lots of instos selling. Does this tell me anything? YES!

Hi, where do you source this information from? Is it freely available? I do not know how to source such information.

Trembling Hand · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

tinhat said:
Hi, where do you source this information from? Is it freely available? I do not know how to source such information.

Broker codes are available 5 days (or is it 3) after the close of trade. But you cannot get it from data suppliers like commsec!

Trembling Hand · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

jancha said:
A lot of traders trade on a technical basis. If thats true then why can't an insitute trigger a down trend and accumulate it back slowly at a lower cost.

When arguing with an idiot for too long it becomes hard to see which one is the idiot.

I'll leave you too it.

Gringotts Bank · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

Extreme prolonged selling can trigger extreme buying. Opportunity for a bounce soon i think. Interesting stock to watch right now. The instos will finish selling at some point, then it's just retailers leap frogging over each other without bots to slow the action>>> price rise++.

jancha · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

Trembling Hand said:
When arguing with an idiot for too long it becomes hard to see which one is the idiot.

I'll leave you too it.

So who's arguing with you Trembling Hand? It was a question not a statement.
Are you saying that Institutes cant manipulate the market? eg short selling triggering stop losses ect?
Try to restrain yourself from personal attacks old timer. School yard stuff remember. Practice what you preach.
I'll understand if you cant answer that on the pretence of your last response.

Now at least the thread has a few interesting comments and a breath of life in it.

Biggest buyers were commsec and bell, ie retail.
Lots of instos selling. Does this tell me anything? YES!

Thanks Skyquake didn't know you could find who's buying and selling.
It maybe obvious to some but whats the difference between retailers buying and institutes selling?

McLovin · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

jancha said:
It maybe obvious to some but whats the difference between retailers buying and institutes selling?

Smart money selling to dumb money.

CanOz · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

McLovin said:
Smart money selling to dumb money.

Yeah, i was going to say that the ones that created the demand by absorbing the supply in the first place, are providing supply once again. Accumulation to distribution.

OR

See Mclovin's reply...

CanOz

explod · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

McLovin said:
Smart money selling to dumb money.

The very smart money jumped out in September. Look at the volume on the 12 month weekly.

http://bigcharts.marketwatch.com/ad...rsToggle=false&chartStyleToggle=false&state=9

Good trend followers probably dropped out at the end of August, look at the pointing tails (of the fish about to dive) in those three weeks.

There is no indication that this would be a buy ATM. JMHO DYOR

Trembling Hand · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

jancha said:
Biggest buyers were commsec and bell, ie retail.
Lots of instos selling. Does this tell me anything? YES!

LOL! I just cannot help myself.

They are selling DOWN their holdings.

1.So now what? They don't own it.

2. How has that helped them?

3. So this is all and only for manipulation is it?

Would love to know your response to the three points.

jancha · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

Trembling Hand said:
LOL! I just cannot help myself.

They are selling DOWN their holdings.

1.So now what? They don't own it.

2. How has that helped them?

3. So this is all and only for manipulation is it?

Would love to know your response to the three points.

Skyquakes post on who's buying and selling Maverick shows that Institudes aren't buying so no.
So laughing boy can you answer the question regarding to Institutes manipulating the market.
Is it possible?
You seem to forget that this a question not a statement.
The idea behind the initial question was purely about Mavericks share price and the reasons why it's down as low as 50c (as of today) and if manipulation was a possiblity.

Trembling Hand · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

jancha said:
Skyquakes post on who's buying and selling Maverick shows that Institudes aren't buying so no.
So laughing boy can you answer the question regarding to Institutes manipulating the market.
Is it possible?
You seem to forget that this a question not a statement.
The idea behind the initial question was purely about Mavericks share price and the reasons why it's down as low as 50c (as of today) and if manipulation was a possiblity.

Ok lets assume that an institution can easily manipulate the share price of MAD. Firstly can you tell me who the insto compete against?

A. retail traders.
B. other insto's
C. both?

explod · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

Today looks like the final shakeout, volume is up and a low of .505 tested.

An open a few cents above today's close should be confirmation.

jancha · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

Trembling Hand said:
Ok lets assume that an institution can easily manipulate the share price of MAD. Firstly can you tell me who the insto compete against?

A. retail traders.
B. other insto's
C. both?

Both
Question with a question
Can the market be manipulated by institutes? Two working together? One selling the market down triggering stop losses the other buying them back?
Now before you fall off your chair laughing is just a question so instead of prolonging this by asking me questions just answer my question: One more time now do you think it is possible for institutes to manipulate the market?
Then we can resume sticking to the topic of the thead.

Trembling Hand · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

jancha said:
Both

Ok Cool now we are getting some where. So insto compete against other insto.

If Insto A sells down there holdings to manipulate the share price down below what they consider "value" what is insto B, C, D, E, G, F...Z, AA1, AA2... ZZ1, ZZ2, ZZ3 etc going to do????

They will be buying it. ALL of it. Which will then leave Insto A with a loss and no stock or even worst SHORT.

What will they have to do Now? Buy back. Now if the price of MAD is so easily manipulated what is insto B, C, D, E, G, F...Z, AA1, AA2... ZZ1, ZZ2, ZZ3 going to do now they have their fill AND knowing that who just sold needs to buy back? they will front run Insto A and make him pay a much higher price.

Remember its a friggin hard game and its very hard to find someone who HAS TO BUY and HAS TO BUY Lots. For every 1 insto thats trying to "manipulate" a price there are 100 more looking to use that if to beat them.

Why would 1 insto take a big hit to improve their competitors performance?

skyQuake · 24 January 2013

Re: MAD - Maverick Drilling & Exploration

Data is with IRESS fwiw.

As for the above, if an insto/instos tried to manipulate a stock down and take out stops, they'd hit it early and hit it hard to crack an important level.
Then you'd see lots of retail selling as they get stopped out etc.

In this case, theres been lots of retail BUYING. Lots of bottom pickers getting a fantastic "bargain."

The biggest sellers have been consistently selling for a while, which means they're dumping for a client/clients.

Agree explod, it'll probably be a buy tomorrow if it can hold today's close.

FDM - Freedom Oil and Gas

Trembling Hand

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jancha

skyQuake

CanOz

Home runs feel good, but base hits pay bills!

Vader

tinhat

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Trembling Hand

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Gringotts Bank

jancha

McLovin

CanOz

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explod

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explod

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