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  1. #301
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    Trading at 12.07 showed sales at $6.55 and $6.52...followed by two bizarre trades .... last trade price $6.10 down 45c

    610 1,925 12:07
    635 100 12:07

    buyers are there now at 6.40.
    Hope the NZX guys are watching ...looks suspicious.

    additional info...Q1 results due 19th August.

    Disc: have not sold MFT...holding
    Last edited by Hoop; 17-08-2010 at 11:37 AM.

  2. #302
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    Update

    An NZX error? or were the NZX guys watching.

    the $6.10 trade has disappeared from the depth screen and the 100 shares traded at $6.35 is still there
    The price still shows $6.10 down -20c now from -45c. on the DB site.

    Luckily no one panicked/ computer stop/loss triggered with the erroneous? shake out...
    Last edited by Hoop; 17-08-2010 at 12:01 PM.

  3. #303
    Adventurer Silverlight's Avatar
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    Quote Originally Posted by Hoop View Post
    An NZX error?
    Not an NZX error Hoop, a broker error (aka fat finger). They happen all the time.

    The seller would then have to ask politely with the buyer if they can cancel their error. If they agree, no more trade. Participant Rule A10.17.
    ~ * ~ De Peones a Reinas ~ * ~

  4. #304
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    Quote Originally Posted by Silverlight View Post
    Not an NZX error Hoop, a broker error (aka fat finger). They happen all the time.

    The seller would then have to ask politely with the buyer if they can cancel their error. If they agree, no more trade. Participant Rule A10.17.
    Thxs Silverlight... Appreciated

  5. #305
    Reincarnated Panthera Snow Leopard's Avatar
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    Default $8 a Pop !!

    Mainfreight continues it relentless rise and finished yesterday at $7.87 but with about 700 traded at $8.

    We are now back in the territory that it occupied for a few months from November 2006, when I considered it well overpriced.

    I guess it is OK price given the expectations for full year profit and presumably this is currently a technical analysts dream share.

    best wishes
    Paper Tiger

    Disc:
    om mani peme hum

  6. #306
    Reincarnated Panthera Snow Leopard's Avatar
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    Smile Back at the top

    Long, long ago in the dim and distant past (1st December 2006) Good Old Mainfreight closed at $8.15 a share, a price yet to be beaten but today, EQUALLED .

    I think I may have to find some NZ Sav Cab and toast* the auspicious occasion.

    Paper Tiger

    *will use Mainland Butter but Ozzie bread
    Last edited by Snow Leopard; 25-01-2011 at 08:00 PM. Reason: someone looking over my shoulder spotted the 'mistake'
    om mani peme hum

  7. #307
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    A Dream share in my portfolio wish my others were all like this well behaved prized pony.

    Well PT ........Its hit the ultimate resistance....if it breaks above this, it will be all blue sky again.
    Last edited by Hoop; 25-01-2011 at 10:32 PM.

  8. #308
    Reincarnated Panthera Snow Leopard's Avatar
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    Red face Over the top

    Quote Originally Posted by Paper Tiger View Post
    Long, long ago in the dim and distant past (1st December 2006) Good Old Mainfreight closed at $8.15 a share, a price yet to be beaten but today, EQUALLED .

    I think I may have to find some NZ Sav Cab and toast* the auspicious occasion.

    Paper Tiger

    *will use Mainland Butter but Ozzie bread
    New all time high
    Now where did that case of Sav Cab go ?

    best wishes
    Paper Tiger
    om mani peme hum

  9. #309
    Reincarnated Panthera Snow Leopard's Avatar
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    Wink Going Dutch

    So Good ol' Mainfreight are continuing on their quest for World Domination.

    best wishes
    paper Tiger
    om mani peme hum

  10. #310
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    Quote Originally Posted by Paper Tiger View Post
    So Good ol' Mainfreight are continuing on their quest for World Domination.
    Yes - and somehow still listed on the NZX. They deserve a bit of love and loyalty from NZ investors!

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