Member Info for Bottmzup

I did a few dummy trades today, and then eventually took one adding to my position. It was listed in red, along with all the other ones around it, so on that evidence most of todays `sells` were highly likely to be buys, especially considering the current sentiment, and Craig Brown almost whipping himself in to a little froth of exuberant anticipation!

All in all the mood is changing about ECR, and now could be the time to take a position before the market catches up.

Nottinghamshire Police would have a hen house full of eggs on their face if they were found to be commissioning a company that was guilty of securities fraud. I`m sure they have a due diligence department that would have done a brief smell test on any partners they wish to collaborate with.

Winnifrith makes a living out of trash talking companies, with sensationalised headlines, so that people then subscribe to his paywall articles to read the whole story. He also has a few disciples who join in the trash talking while they all go short on desirable stocks, and he gets away with it!
Remember, he doesn`t target garbage companies, only ones with high potential.

Maybe his local Police should go and knock on his door and ask to have a look at his computer files to see if he complies with market manipulation rules!

This new announcement has come right out of the `blue`..so to speak, and it shows the potential of what is possible with what DEV have.
Its not just about schools and colleges, but more of an `across the board` spectrum of how their tech could cash in on a rollover of opportunities in several sectors.
No wonder Mr Akers has added to his considerable holding this morning at this low level share price.
Anybody interested in adding value to their medium term holdings, via SIPP or ISA, should be very well rewarded by following the likes of Mr Akers in adding at this low level, he hasn`t made a fortune by gambling on dodgy high risk punts and just kept getting lucky!!
You have to have a vision for the future, and the future of VR in the Education Sector looks very promising, not just in schools, but in educating offenders in the rehabilitation sectors and beyond!
Who knows where this can go...maybe Mr Akers has a vision of the future...he`s had a vision in the past, thats why he`s loaded!!

Well according to Craig Browns `hints`, there should be a sale of licence(s) in Windidda, along with a farm in, or some sort of joint venture deal at Creswick, or other, so that another company pump in some cash to accelerate exploration. Its a good sign that ECR are considering this sort of proactive approach, and long overdue in my opinion. It shows that they are moving towards the next level while the Gold price is buoyant.
Craig Brown sounded excited about the `advanced negotiations` so could be hearing something soon, especially because they are at PDAC this week in Toronto.....where deals can be done!

Yes, if they can survive in the mean time while fears of footfall numbers will drop. Its alright having a long term blue sky view, but Monty doesn`t seem to understand the here and now.
You can`t pay wages and costs with long term hope of a takeover!

WOW increased demand because of bad news!!!!!!

Yes, it means nobody is going to their restaurants, so if thats the case, Dish are pulling in even lower revenues, running out of cash sooner, and need to get a fund raise away in a more desperate situation. The people with the funds will know this, and will be looking for a very good deal ie low price!

Still no mention of the elephant in the room...bums on seats!
Nothing new that wasn`t already known.

By the way, another part of the criteria for the bull flag pattern is for it to be accompanied with high volume, and as you can see on the charts it definitely is...and some!

Joey, yes as I posted earlier I bought back at the support level when I saw the big buys, 2.67p, then bought again after seeing the market reaction to the RNS, 2.90p.
So almost back to my original holding.
On the chart the lower purple dotted zone was support, and when I saw the 6.5m buys go through I jumped on it.
It was also the 50 day exponential moving average, in pink, so looked good enough to me.
https://www.tradingview.com/x/1gfThneQ/

As far as how high it can go, well the completion of the bull flag pattern principle is stated here in the stockcharts dot com website...
Targets: The length of the flagpole can be applied to the resistance break or support break of the flag/pennant to estimate the advance or decline.

So on those metrics, and if it follows the completion criteria, it takes price up to c6.25p at some time in April.
https://www.tradingview.com/x/tfH1LfsX/

Caveat, charting is not an exact science, and is not guaranteed to play out.
I am just sharing what is understood to be a chart pattern priciple, the bull flag, and what it represents in technical analysis, so do your own research.

Personally I think it will complete.

Yes I was waiting for the deramp aswell, you sold at the bottom barnard, maybe consider swallowing your pride and getting back in quick before it really starts to move.
A bullish flag on the chart suggests it will go quick if it breaks above 3,2p ish!
A bull flag is a strong buy signal.

https://www.tradingview.com/x/Q12z7Gen/

Just to add, I have taken advantage of this drop with further buys because any kind of sale, or farm in, or both will see the back of 1p in my opinion. It will show that ECR mean business.
Also they have just received £300k from the Aussie Govt as a refund of Research and Development expenditure, the second one they have received, the first was in May `19 I think, around £170k. Sounds like a repeat refund as exploration costs continue.
Could finally be turning the corner here.

I agree, this could be building up to a very strong rise if/when the deals are officially announced, he said they were in advanced negotiations so I`m a bit surprised that some are selling at the moment with the current situation in the markets. Maybe some think it will be a while before news and decided to have a go at some low prices elsewhere for the time being.
Reading between the lines with CB`s interview it does sound like a sale and a farm in, which is exactly the sort of thing I`ve been hoping for, rather than just endless licence gathering.
This could be a long overdue transformational strategy that really springboards the value of ECR, because lets face it, with the promising licences they do have in such highly productive regions, the market cap of just over £3m is quite ludicrous!

Strong bounce on the news, and negotiations are at an advanced stage.

Yes, and IMMO has been enjoying some nice buying here, currently blue, and littlepish are down 19%! All you need to know really, the market loves a cash generator!

From the 20th Feb RNS titled `Immotion breaks through 430 contracted headsets`.
The additional 68 contracted headsets (plus others already contracted but yet to be installed, including Mandalay Bay) will, once installed, take the total number of headsets in operation to 432; of which 314 will be in Partner locations, with 118 now operated in the Company's own ImmotionVR locations.
It is currently expected that the bulk of the new installations (including Mandalay Bay) will occur through Q1 2020. All of these can be fulfilled from current stock.

So no supply chain issues either!

Did you read the last paragraph Themis?
That one was released on the 20th Feb.

Thats a coincidence, just when I`m buying back in with some of the funds that I took off the table in the mid 3p`s.

Support/resistance level was 2.6p so I`ve taken a leap of faith, along with the chunky buys going through.
Going to wait for the RNS now before putting more back in.

Rodney, you`re a fake and a bore, go to bed man!

Rodney, you`re a fake and a bore, go to bed man!

And the most important word in that post is...hopefully!!

`In my opinion` says Rodney...ha ha ha!
His opinion when he read the recent TR1 was that Directors here were selling down their holding, not understanding that it was actually a deceleration that their percentage had gone down due to the additional shares in issue!!
This clown has nothing better to do all day than to troll other posters and their other holdings making up fake news and utter nonsensical garbage!
Click on his name and read his posts, then check out whether he`s talking English, gibberish, or rubbish!
He is the epitome of a troll!

He`s desperate because his beloved Bigdish, a restaurant app, is being hit hard by the threat of people staying away from eating houses.
The difference between IMMO and Dish is that IMMO have at least £2.8m in the bank, while Dish are chewing away at their measly funds with only a few hundred grand left for survival...and their restaurants generate £4 per week compared to IMMO`s headseats generating £450 in each of their 400+ currently in place.

You do the math, as they say in the USA, where IMMO have plenty of leisure venues operating, and hardly any people infected by the virus compared to other Countries.
Dish will be forced to do a placing soon, and Rodney Trump knows it...IMMO have already done theirs, which was oversubscribed because so many investors wanted in. IMMO only wanted to raise £2m but ended up raising £2.8m!! I wonder why!
IMMO have an excellent business model here, thats why the MGM Grand Mandalay Bay Resort in Las Vegas has just signed a deal for the 36 seater Theatre to showcase IMMO`s brilliant experiences.
Its a proven model, and generates huge revenues across the globe, thats why they are on the verge of being EBITDA breakeven, something LittleDish can only dream of.
Current Mcap here is £18m...current Mcap of Dish is £11m...on no reportable revenues!!!!!

So a research company (who own shares in Bigdish) put out an official ramp, which says absolutely nothing new, and is based on desperate speculation and hope that one day, LittleDish will become BigDish (because they own shares in Bigdish) and bring them a decent return.
The one missing elephant in the room of course was the `revenue` question, a topic which was notable by its absence, and no wonder when last years figures showed a revenue figure of £4 per week per restaurant, and that was without Coronavirus!

I wouldn`t be surprised if this farcical `mark your own homework` waste of peoples time causes more of a sell off than was already in play.
Laughable!