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The obvious answer is that nearly everybody on this thread already owns the stock and is praying that it goes up! They are hardly going to admit to wanting to sell it until they have sold it.....
Time will tell ;)
Can you really do TA with any validity on such a new stock? I don't think so. Sentiment needs time to solidify.
Yes, fair point. Everything is on a very short timescale so far.
If you bought at the top or later it certainly is a falling knife.....
If it gets to 3ish I will buy in.
So why does the market not like it? Don't tell me that the whole market is down. My stocks are doing fine, I'm up 2% overall for the past week. Not many stocks have matched BHRDs fall, so it ain't the markets fault. This is an advertising company which is failing to sell itself. Not a good omen...
Ok Miton, good. This is where you explain why any of the US election contenders would be using a start-up advertising company in preference to the established giants. That would get me to buy in.
I wonder if Admin might have taken a close look at some of the IP addresses and wondered whether stock manipulation by mass bombardment of vapourware on multiple forums is a positive thing......
AA You are being delusional. The hype has gone. The SP is falling. There is no story except cut and paste bonanza about what the directors have done in the past. There is no growth
If a 5% drop yesterday was good news, I guess you must be mildly disappointed that today has only lost 2.8% Don't worry, there is still time. :) p.s. When it was climbing, many people said that the market will tell. Why is nobody saying it now?
I'm starting to wonder if this hype is actually being centrally directed in some way........ I would be suspecting the ad agency itself if this was not so inept...
Stop with the endless cut and paste vapourware. It just shows how any posters on here are in fact multiple avatars for the same people. I'm sorry, but 5% down is not a good thing, so trying to groupthink it as a win is just silly. If the price went up 5% nobody would be saying it was bad news, so get serious. More honest would be:- bit of a setback today, hopefully due to general market worries. Not ideal, bit concerned that enthusiasm for the stock is dropping Solid positive posts are NOT what you want. Or maybe they are what you WANT, but they are not what you NEED. You need honesty, not fluff
Here is a post that is worth cut and pasting. I'm all for steady progress Costa but my research findings indicate a severe over-valuation even after the recent falls. This stock is still valued at an eye-watering £15m even though it is clearly only worth £10m. Further stock price weakness as s/t profit-holders cash-in their chips is weighted toward the "more than likely" I'm afraid. Looks like it has simply been ramped way too high and the market is now correcting this fault. Probably one to avoid for now until the fall has been completed, these things take time.
Here is a post that is worth cut and pasting. I'm all for steady progress Costa but my research findings indicate a severe over-valuation even after the recent falls. This stock is still valued at an eye-watering £15m even though it is clearly only worth £10m. Further stock price weakness as s/t profit-holders cash-in their chips is weighted toward the "more than likely" I'm afraid. Looks like it has simply been ramped way too high and the market is now correcting this fault. Probably one to avoid for now until the fall has been completed, these things take time.
Stop with the endless cut and paste vapourware. It just shows how any posters on here are in fact multiple avatars for the same people. I'm sorry, but 5% down is not a good thing, so trying to groupthink it as a win is just silly. If the price went up 5% nobody would be saying it was bad news, so get serious. More honest would be:- bit of a setback today, hopefully due to general market worries. Not ideal, bit concerned that enthusiasm for the stock is dropping Solid positive posts are NOT what you want. Or maybe they are what you WANT, but they are not what you NEED. You need honesty, not fluff
I'm sorry, but 5% down is not a good thing, so trying to groupthink it as a win is just silly. If the price went up 5% nobody would be saying it was bad news, so get serious. More honest would be "bit of a setback today, hopefully due to general market worries. Not ideal, bit concerned that enthusiasm for the stock is dropping" "Solid positive posts" are NOT what you want. Or maybe they are what you WANT, but they are not what you NEED. You need honesty, not fluff.
AIM It was not my intention to be insulting, merely to suggest that there is more to picking a decent investment than seeing familiar successful names. Jay is suggesting that since digital media is a growth industry, all businesses in digital media are a no brainer and this is just not the case. There will be many losers along the way, and life is not easy starting up against the big established players. There are some on here suggesting that I'm a troll. This is not the case. I'm actually wavering about buying in, so consider this a stress test.
Yes, Wray has done well, but not always.... http://www.independent.co.uk/news/business/a-master-of-the-reverse-pass-1324980.html "Among investors in penny shares, he has a legendary appeal. But the Midas touch sometimes goes missing. One Wray investment, Somportex, which owned the Slush Puppy lollies company, collapsed in the late 1980s, and its successor, Carlisle, has also been a disappointment to shareholders. Another investment, People's Phone, postponed its flotation plans last week and ousted its chief executive, Charles Wigoder." No matter who is in charge, there has to be a business...