Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

Maybe watching this Forum & decided they need to invest at around 4.00pm, or though unlikely been given the go ahead for their Testing?

If the latter then some Insider Trading???

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

I suspect it's phorm buying their own shares. A £57k block sold for more than the asking price!

http://www.lse.co.uk/ShareTrades.asp...re=phorm_reg_s

I'd bet my hat on this being preparation for publication of a phorm friendly PIA.

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

Dropping back...

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

Yes the balloon is expanding rapidly, the skin is stretching painfully thin. It's scary to watch this inflation before our very eyes... hands up who will flinch when they see the pin? ;)

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

Bang on. The thing is, although the volumes traded are up on recent days, they are nothing like when the price is really moving up or down.

This is an artificially induced blip involving not too much money being spent.

But they are doing it for a reason.

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

What pin?

Hold the noise down, I'm trying to aim...;)

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

You made me jump.

I'm guessing they are trying to prop the price up over the weekend when there's no trading.

Two days when it looks like its holding its value perhaps?

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

Does anyone remember some oldie talent show... this particular clip is often repeated in other clip remembering shows over the years.

There is a strongman act, and the guy has a hot water bottle which he blows up before the audience... it creeks and it groans !SNIP! sorry I won't spoil the ending for anyone that hasn't seen it. :rofl:

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

Back to 1800, there was another buy...I think.

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

Yup

TIME PRICE BID ASK VOLUME PRICE B/S TYPE
16:17:46 1800p 1725p 1725p 150 £2,700 BUY O


Something VERY weird is going on - why would someone buy at ABOVE the Bid and Ask Price?????? But also notice - its only 150 Shares - so a really small amount.

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

I don't think there is much point driving it up unless they think something is going to happen to keep it up. Perception management?

If a glowing PIA is released this evening and people see the share price increase today, they will be queueing up to buy in on Monday morning.

To a large extent, the share price is all about perception. If it went down to 10p phorm would still be in business. They would have lost the ability to raise more cash, along with their business credibility though.

Interesting day (I should get out more!).

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

My contact at FT is extremely surprised too, she is doing some digging.

Alexander Hanff

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

Could well be a director buy then, showing confidence etc.

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

I would be very surprised if the PIA is coming out today, I know Simon is incredibly busy this week with an issue of international significance based on an email I received from him earlier in the week. So I can't see it being the PIA as I can't honestly see him as having had time to finish it.

My FT contact suggests that maybe someone has put out a fresh buy note on it this afternoon, she is looking into the afternoon announcements to see if there is anything there.

If we are lucky Phorm PR team will be feeling a little braver and come back out from under their rocks, which would be nice, I kinda miss them.

Alexander Hanff

Re: Virgin Media Phorm Webwise Adverts [Updated: See Post No. 1, 77, 102 & 797]
 

It could be, but if a favourable PIA is published shortly, that would be insider trading I think.

I'm certainly no expert on this and I don't know where the dividing line is between shoreing your share price and insider trading.