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haven't had time to look in detail at the chart but sure seems like something's going right for them -- would need to figure out whats caused the rise and how much is left to go
thanks - that all makes sense -- pretty damning of the merger and gvc's growth to date - I bought some gvc a while ago because I liked the unregulated side of sporting bet so when I hit target I decided not to sell the last tranch bought. I've also traded bpty most times successfully and was disappointed when the deal was announced cos I know bwin has issues. I gave this last tranch a chance to recover to the top trend line but can't give it any more grace cos it looks like it wants to hit the upper trendline horizontally now. ( reason -- we wait for deal to be approved )-- If it broke through ( deal falls through ) then it's time to get interested again . should have known something was afoot by the chart action before the announcement but I ignored it.
just holding my old lad shares which are still a tad underwater but it's chart looks very interesting now. Yes the dividend has been cut back a bit but it's still alright.
http://i1330.photobucket.com/albums/w574/buzle/GVC%20monthly_zpsilywrg8i.jpg well you did ask -- but again could just be 'superstition'
http://i1330.photobucket.com/albums/w574/buzle/GVC_zpssgkre9dp.jpg
I sold that last tranch at a loss and yes I have no gvc shares left now after selling a tranch at a small profit some time ago but have a chart -- very simple chart nothing too complex ( I find simple like me is best ) just looking at the present trend, which is down, a major support level at 260p and the fact that bwin is a very expensive deal (there's your catalyst for the move down ) I think some dilution will be needed at some point -- if you disagree that's OK I can be wrong but I sell and take a small loss when I can't ignore the facts and chart.
on Friday - chart not giving me good vibs - see yous at 260p
yes Mick this has caught my eye too - was expecting a little dip today finishing slightly down then a worthwhile push up tomorrow. overall trend is getting some attention now too.
ah Bristo - gravy today
just shows what a bonkers price 1500's were - we are unlikely to see that again since the prices are artificially low due to the oil turf war going on atm. My last two tranches are now well in profit but I wouldn't sell -- when would I get the opportunity to have income generated by a quality company -- my percentage dividend will always be based on these levels -- if I don't sell. What will happen when the surplus oil gets used up -- as it surely will -- we are using more oil every year despite the slow down in China which is inevitable -- it's only a slow down in the rate of growth not a lack of demand.
just a case of momentum taking this to way too cheap prices. fill your boots is my view
!
couple of days ago
at 14p
to be in -- ecb is printing money in preparation for a liquidity problem due to grexit
not yet .... gold has to plumet to $720 an ounce. I recon the ftse 100 will do 7500 this year till about sept then you buy whatever gold miners are left and then gold will be $3000 an ounce and ftse 100 starts with a 3
was there any actual trades at or near this level? I can't see cos not near a pc but if it did momentarily touch this level it will need to be properly tested first.
?
will prove one of us to be wrong or both of us wrong the big wheel keeps on turning, it's when u get on and off that matters.
and $720 is support