Member Info for Bottmzup

What a bunch of generous and understanding grown ups you are on this discussion, with your `each to their own` responses...thanks.
If I dare to suggest `my friend`selling a few to buy back lower before on other discussions I get a volley of rude insulting nasty messages as if I just called their child ugly!!
That says to me that the investors in this company who post on this site are very confident....as I am.
I`m not looking to get out, on the contrary, I`m....ahem, my friend is trying to build a bigger position because of what very strong potential Dev has, and the big backers meaning the limited amount of shares available.
I`m still here, long and strong...with a tint of greed maybe.
Good luck to all for the future in Dev.

Yeah there could be news imminently, and if there is, `my friend` always has the option to buy back in in the first few minutes. But don`t forget, even if they announce launching in Mexico, Brazil...wherever, its still going to be a good while before any significant sales get traction, and a lot longer than that before the market finds out what those sales numbers are...same as the USA launch...nobody knows outside the boardroom, the market likes clarity, and hates uncertainty.
For the sell to buy back lower strategy to fail there would have to be very imminent good price sensitive news ie tomorrow or Friday....or, the big investors come in big and drive the price higher...but the previous pattern doesn`t suggest that, because as professionals they have mostly waited for a bit of a pullback before adding significant amounts.

I think some people think that because someone sells shares then thats it..they`ve made their final decision and will either regret it or be happy with it, without recognising that some people trade the price moves...thats why price goes up a bit, then down a bit, then back up a bit etc.
This one has a little higher predictability than other stocks, in that it is in a good rising trend with pull backs like steps on a staircase, and all things considered is worth trying to play the pattern.
Thats what my friend says anyway :-)

Last years placing represented a 20% dilution to the shares in issue at 12.5p.
Four weeks later the price had risen to an intraday high of 42p...just over 200% rise!!
So dilution doesn`t have to be a negative effect if investors like what a company is building.

...just asking for a friend :-)

What about if they`re selling at, say, 9.7p with a view that the likelyhood now is that there will be no news imminently, and therefore the sp is more likely to drift down before the next step up, at which point they buy back in 10% or even 15% lower increasing their holding or buying the same amount back and pocketing the difference?
They won`t regret that will they?

Good luck to those who held on during the lockdown, that was a decent update and will be watching closely for a re-entry price.
Like the way they developed a good cleaning method and how they think it could be another revenue stream...and intrigued about the `at home` product as well.

And of course there`s nothing to suggest that revenues aren`t exponentially rising behind the scenes just because they don`t announce every £100k secured, or forecast every fortnite (see what I did there) in to the future on a rolling basis.

...due a bounce!

whimax, yes they`ve agreed to take 15% of the first tranch of 20m...2.5m.
The other 17.5m is subject to the prospectus being published, so as with all stock market sentiment that one isn`t in the bank until its announced.

Still don`t like no forward looking optimistic soundbites, just this drab line.....
The Group's careers platforms, Launchyourcareer.com and VICTAR VR, are ideally placed to support the needs of remote learning and the Group continues to work hard to ensure the platform is easily available to customers.

So just ploddin along then!

Why don`t they give more exciting forward looking statements, it doesn`t fit in with the hype on here thats for sure. If the outlook was extra rosy then they would surely shout from the rooftops.
Anybody know what the 2020 market expectation numbers are?
Thrown a few overboard already!

One piece of cold hard material news is the 10 x Y/Y revenues increase, thats got to be faintly encouraging surely, that momentum is going the right way.
Plus you say that Anzu are `stealing ground` on Bids.....who says they are? What are they doing that is stealing ground on Bids, when you freely admit that you don`t know what Bids are doing because they haven`t said!!!
So how do you know what Bids `aren`t`doing??
Its only your own imagination (fed by the likes of helx) thats convincing you that Bids are going backwards, or stalling, when the revenues uptick clearly follows what they expected this year, so why the doom and gloom just because they haven`t announced a market moving new game announcement, or new agency contract while being only 4 weeks in to the `very significantly weighted` H2 revenue period.
If it was the back end of Sept and they hadn`t added any significant `revenues increasing` type news to the public domain then I could understand investors getting impatient and a little concerned, but its not even August yet!!

Girdz, your last bit should have read... to prove all `us`doubters wrong....because you are definitely a big time doubter.
You come across as if you`re on your nerve ends, biting your fingernails down to the knuckles and clinging to a cliff face while slowly losing your grip!
That suggests that you are either over exposed, or just lost all faith in your investment here.
If I was in that position or in your mindset, I would definitely sell, or at least reduce your position. Put the funds into a gold stock, covid stock, or other recovery stock.
You might surprise yourself and pick a good one, at the right time, and make a killing.
Consider it mate, seriously, because you sound like you`re talking yourself in to a deteriorating state of mind, and its not worth that, its only money.
If you and your family are healthy and happy then you have all the wealth you need.
I wish you well in your decisions.

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Date? Wow you`re looking for real precision, unfortunately technical analysis doesn`t work like that. These patterns, such as wedges, (symmetrical triangles) have criteria in order to be considered valid, this MWG one ticks pretty much all the boxes.
Anytime now is the answer to your question.
The chart below shows two possible lower rising lines, one green and one turquoise, both could be `in play` but personally I would say that the turquoise looks more valid because it picks up more points of contact. The green one drops lower to pick up the sp drop on the 11th of June that I mentioned previously, but the reason I would disregard it is the quickfire bounce back the day after, which appears to render the drop `illegitimate`.
Also notice the pink 200EMA which was falling but is now level with a hint of a rise at the end of play Friday.
https://www.tradingview.com/x/J56sM4Bn/

And here`s a Chartschool explanation of the pattern....
https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:symmetrical_triangle_continuation

I`m afraid the only silly ones on here as far as helx is concerned are the ones who keep him actively negative by replying!
Just filter him, its so much more rewarding because you don`t get caught up in biting.
He`s been on the negative front foot ever since his fake stance of `I`ve bought in but I`m worried` c**p over 9 months ago, and been spouting the same nonsensical contradictory bs pretty much daily, some times over 20 times daily, for the entire time....but still he gets a rise out of some on here! WAKEUP!!!!

He either doesn`t own shares and is just part of the TW shyte talking gang, or he`s short BIDS, and as I`ve explained in a previous post, if you were short at 23p and still had it open at 4p you would close it, because the risk reward profile has now changed from short to long at this price.
So..... he doesn`t own shares and is part of the TW bashers gang trying to stem the progress of Bids so that their lesser competitor can get more traction.

Bidstack are the developers, creators and trail blazers of native in-game advertising, focusing on doing things right at the right pace so as to reach the goal of being the biggest go to in game advertising network on the planet.

Don`t feed the troll.

Simmo, I think we must have been on the same sort of thought pattern this morning....good post.
Unfortunately, `some` of those who decided to realise losses on an investment never really get over it, and are so engulfed in that memory that they miss the recovery rally, which is what I think is happening here, and which makes it all the more bitter when they realise that they could have already made a good profit if only they`d been watching with an open mind, not a black clouded one!

Well, a few bashers have turned up, talking about old times....I wonder how much they lost between them on the downward trend, when the share price stayed under the 50 day exponential moving average continuously since the end of 2018?

Mid April this year saw the 50EMA broken, price moved above it and has stayed in an upward trend to this day, with no close below it.
By early May the sp even broke above the 200EMA, and apart from one close well below it on 11th June the sp has been about 95% on or above that aswell. Incidentally, the day after the low close at 1.475p the sp gained the entire days loss and closed above the previous large red candle to close at 1.7p!!
It triggered a nice rally up as high as an intraday 2.25p, and has been bouncing inside a wedge pattern....staying above the 200EMA, ever since.

Now a wedge can break out up or down, we know that, hopefully it breaks up in to clear space on the chart, but the whining bitter bashers have come on here complaining and trying to install a negative mood when there has been a clear turnaround in MWG this year, hoping to initiate some selling to tip the balance to the downside, and give their bitter ego`s a massage.
This is a recovery stock, under a different Chairman in G Brandon, who is also the CEO of Integumen, who have been involved in collaborative deals with MWG, which have been largely responsible for the turnaround in the sp, and the beginnings of a new company in all but name.

Moral of story...look forward, not backwards!

Yeah just tried to add another £1800 on A J Bell and can`t get a quote...somethings a foot, and its not 12 inches!!

Bought another 350k Dev today, I personally know another major shareholder was in the market too. It’s about time it flew off into the distance.

https://twitter.com/EvertonRob1/status/1286662104670441473

The previous interview on Proactive was just over 3 weeks ago when Craig said that they had received an offer that they declined.
In yesterdays interview he said that the other player had come back with a revised offer, which ECR also declined.
So to me it sounds like its just a matter of shaking hands (or touching elbows) on an agreed deal, somewhere in the middle maybe.
The other party obviously wants in after doing their due diligence because of how quick they came back with a revised offer, so I think it could be soon.
He`s stated that there are 4 companies interested so it looks like he`s driving a hard bargain, and should result in a good deal.