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I'll have to check that site out over the weekend.
Always thought mm's would have a variation of VPVR, where they can identify where to inflict pain.
Re gaps, 4d is an interesting one to watch, gap has been acting like a magnet
I spent a long long time studying gaps and ichimoku is the perfect place to do it as it seems to capture all of the trade data, i.e. trading view doesn't pick up aqse and others vary , the ichi site is consistent which is why I still use it.
Gaps are there for a reason , s/b's etc; being opened at the higher spread , mm's using it as a marker to take out stop losses in the future.
I will always stand by the close and open and it may take time but usually plays out . It can be checked on any chart you like because they are all just charts regardless of how big or small a company is.
One thing that most don't see is that a large candle is a trading gap (although there is no visible gap) they are or can be filled with a wick , but even those are manipulated by mm's with a fat finger trade (or spoof) , there is a lot to be aware of with gaps lol.
Anyway spot those large candle trading gaps on ffwd to the upside ;-) http://www.ichimokutrader.com/
Morning Lucky
Thanks for this. It’s interesting that different people can extrapolate opposing views from the same chart. I refer to what classifies as a gap close, I was recently told by Noel on twitter that a daily wick would suffice as a gap close, but this seems tenuous as it could be easily manipulated by very small trades. An open and close makes more sense.
My US account is mostly uranium with a little speculative on the side, which I used by selling btu (coal) to buy prtg at 26 so it’s been a bad trade so far as btu has gone nuts.....no bother will wait on it......one thing ffwd has thought shareholders is patience....
https://twitter.com/luckyorange1812/status/1413766608783351810
After the horse has bolted lol? Usually when a bearish move is interrupted at some point it continues to its conclusion , it looks like some averaging down and fomo is going on at the moment as well as traders diving in , they will take profits/reduce losses at some point , just a matter of when.
That ichimoku site is really underrated the signals (except the chikou span which is retrospective) are exceptional , more should use it really , look for patterns and it makes sense.
Solid 15% up Friday
Portage Biotech Inc
All Resolutions passed, moving forward as seed innovations from Tuesday
Just come in to see how it is going, these large sales are probably the same person/s who have been getting rid of their holding/s over the last few weeks, but why? large holders must surely know the value, so why are they selling, do they know something we do not? Goodness knows how many they hold to be selling off like this, if of course it is only one selling. However we have had large buyers who are taking up the stock they sell. Of course it they could be selling and buying for tax reasons etc. or putting their holdings in to family ISAs for the new year so they do not have to pay tax when the rise does come. So long as buyers and sellers are more or less the same it does not matter. You do get the feeling the MMs are keen to up the SP when they can. At 8p it does attract buyers, indicates this is the bottom on the information we have at present.
213 million share in issue, looks to me as though it’s a small handful, say 5-10 people who have sold out small positions, 500k shares in total, give or take. Now if we started seeing multiple 500k block sells and the price dropping…I would probably feel my pulse raise a bit.
I'm beginning to wonder if even Leap's disposal will be enough to jolt the sp out of its 8-10p trading range. If even trading at such a NAV discount wont push it higher, what will. What we could do with is some investment from the BoD.
It's more to do with the overall small cap market at the mo.
Unlike many other AIM companies, Ffwd's is back up with a NAV that is seriously undervalued.
Quite a few heading for the door today. I guess they can't wait for Leap or don't believe in SEED.
The EGM is at 3pm and presumably all resolutions will be passed including our name change to SEED. So our last day as FFWD !
We will start next week one assumes under our new SEED code and there should be a wave of publicity to announce the change. Let’s hope the new name attracts new investors and we can start to reduce this large discount to NAV.
I will Longlad.
Still looking for ffwd to double + from here, people will sell at on the way up at the usual levels but the real test is 15.5, break that and bounce off it and it is off to the races.
Any chance over the weekend you’d do another chart for prtg, your previous gap fill prediction of $18.5 transpired on Wednesday, looks to be bottoming out around $19?
Just had a quick look and am seeing an easing in the SP with a few sellers coming in. Hopefully this will not escalate. MMs look a bit nervous, if we get buyers come in again at the current price that may put confidence in to those who are thinking of adding/buying. Time will tell, just hope we do not return to 8p.
Last years full results, ending June 30th, were posted on the 26th August, and With the EGM being on Friday for name change etc, I would expect something about Leap financials to appear very soon soon....after all we do hold some 43%, and it Remains our largest asset; therefore an update would be most welcome. Imo it is the elephant in the room when it comes to the SP!
And they are advertising for another project manager
Lol
You should know you’ve posted all the adverts for jobs, :-)
How many people do Leap employ just on their slots?
20+ employees
Should of read, maybe I’ve got it wrong ?
Maybe I’ve got it https://www.proactiveinvestors.co.uk/companies/news/954474/entain-hikes-guidance-as-betting-shops-reopen-954474.html
Leap Gaming shows 41 employees on Linkedin, massive increase in the last year
We think we saw a few months ago that Leap has very few staff, however we may need correcting on this point. If the staff totals are low, were are the expensive going as research is done by the staff as is sales. They would not require a lot of property , so we are missing out on what some of their expenses are. Are they paying themselves large remuneration's ?
It is not known how they charge for their games or at what rate. Perhaps they are getting their games in to gaming companies because they are selling them at a low (we try to refrain from saying cheap) price.
We understand they are not making a profit so details of their accounts are need to assess just how good an investment Leap is. They may be the leading producer of these games but it is profit we need to see. All we want to know are the real financial facts about Leap.
Perhaps some of you do know them?
Leap needs to be looked at closely by any investor.
There has been a long term debate going on everywhere re Leap profitability.
For a company on the trajectory Leap have taken over the last few years we need to have equal focus on growth. Profits & growth are joined when it comes to success in business. Profit obviously key to basic financial survival.
But growth is key to profit and therefore long-term success of the business.
Growth,no one can deny has exploded for Leap. It’s been well over a year since FFWD provided their last financial help (via CLN)look at the expansion since then. The fact they haven’t had to raise whilst expanding employee numbers greatly, developing games at an increased rate suggests they are in a particularly good place right now