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Evr Holdings Share Chat (EVRH)

Share Price: 6.375Bid: 6.25Ask: 6.50Change: 0.375 (+6.25%)Riser - Evr Holdings
Spread: 0.25Spread as %: 4.00%Open: 6.00High: 6.375Low: 6.00Yesterday’s Close: 6.00

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Posts: 643
Opinion:No Opinion
RE: Amara’s Law
19 May '19
Posts: 68
Opinion:Strong Buy
Amara’s Law
19 May '19
Here’s a balanced view - take a read of Amara’s law and understand the technology hype cycle. A few standouts:

1. VR headset sales forecast to grow 7-10 fold by 2023 from 4-6m annually to 28-60m.
2. Melody have built a significant presence, bringing many leading experts together - if this is just hype, then these people would have no real interest in their career development and credibility.
3. The product works and with such an innovative approach, the company will grow into other areas and markets.
4. Granted a lot of news has yet to materialise.
5. 19p to sub 3p is a ride down but the risk-reward is still off the scale

Of course I’m in and of course I’m averaging down. I’d rather be invested in something that could be life-changing over the next 5 years than grow the same money by a few percent over the same period. There will be some peaks and troughs to come no doubt and I plan to spread risk accordingly through those.

And if it doesn’t materialise then I got it wrong. All the doom and gloomers can have a go at my ‘ramping’ but this is the stock market and so nobody knows. I’m sure they will agree that on the next wave up, wee attract not only the new investors but those who have been in/out/sat on the fence and fear missing out. I’m sure there will be plenty of those 3 figure % increase days to come, I just hope it’s from 3p and not 1p

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