Member Info for lukejfmccann

Who in their right mind would sell £12.72k @ 8.24?

Especially considering you could sell @ 11.2 three business days ago?!

Insane.

Really enjoyed sitting back and watching the buying patterns over the last two days. Anyone sitting on cash right now should be laddering in, not out. Next leg up will be sharp and will have very little by way of a pullback. We have seen the beginning of a new bull run for VRE, and the subsequent exit of those who were looking for the first opportunity to escape.

Certainly not ultra bullish like many giddy individuals commenting on the thread, but realistically confident that this will be the last few days you have to buy at sub 10/11, until this company moves into obscurity hopefully many years from now.

Nothing to be gained by debating with the undebatable ! ??

One of their old demos is being brought out on the new, underwhelming, Facebook owned headset. Nothing about VRE being bought out by Facebook. When you don’t know what you’re talking about you shouldn’t post comments on forums which might influence the buying decisions of others.

Have spent this last 8 months continuing to buy as things have continued to decline. One move up and already in profit. Buzzing ?? Don’t expect insane rallies all the same. It’s one piece of news. We are still looking at a company which bleeds reserves I’m paying for staff while the market is in relative infancy. Let’s not be naive to the continuing risks with this investment. A good day however.

By the way, does anyone know anything about this D'Carrick company? D'Carrick Co Ltd has got to be one of the least South Korean, most Irish sounding company names I have ever heard. Intruiged to find out exactly what is South Korean about it, and what they do.

Looking at the update now, I can’t really decide on whether it’s positive or slightly desperate. Effectively selling a license to sell Engage to another company, for only 70k a year, and that company will receive 70% of revenue on those sales. If you were earning 70% in sales commissions you would be doing alright!! Hopefully it will start to get the ball rolling anyway, but I hope VR don’t start focusing on this type of model too much. VR still in its infancy in terms of mass adoption however, so no harm in keeping the revenue inflow icking over, especially as wages etc are continually eating into cash reserves.

There was no drop as such... there was one sell trade to the value of like £1400. Shortly after there was a buy of £1100 worth. If you notice the recent pattern, whenever there is a sale, a low buy soon follows. I’d like to think that’s smart money bottom feeding. Time will tell

Keeps happening, I knew I wasn't going crazy!! XD

Well you've a lower buy price than the rest of us so hopefully it will work out well..!

love it

Oh and fyi, Bollinger Bands seem to be suggesting a fairly sizeable move imminent (only indicates future volume - doesn't indicate whether that will be up or down), so fingers and toes crossed everywhere that it's a positive move..!! If not, we cry temporarily, then buy some more on the next payday XD

Thanks for this. I think the lack of chat in forums recently reflects the impact of the bearish run that has been experienced by all VR companies throughout the last 12 months! Can only hope that launches like Oculus Rift S, Quest and the Valve Index Headset over the coming months will lead to another move upwards for VR Equities. My outlook is that finally sentiment has turned fully bearish... VRE won't have significant revenues for 2/3 years for example... Oculus Rift S getting panned somewhat... Oculus Quest not delivering the lower end prices that were anticipated etc... these things are all very negative, and ironically it is under these negative short term outlooks that new bull runs can generally start. It's the Euphoria that kills us..!! Anyway... continuing to double down as the price moves lower. Hopefully it will pay off in the long run..

Looking at the prices, I think each of the 5/6 trades made since 19-Mar-1914:57:30 have been BUY trades.

All are showing as SELL trades. Weird.

Think we are heading for a reversal to the upside soon. Hopefully not wrong (as I keep adding shares) lol

Just an FYI lads,

That trade from today at 13:11:01 of £1684 was me, and it was a BUY. It's recorded here as a SELL. I've seen this before, and have no idea why it's showing like that. Makes me wonder the accuracy of all the other trades recorded.

Share prices move more on anticipation and expectation than they do actual results, don't sweat it too much lads.

To be honest, I'm pleasently surprised that we didn't move down further today. Once we get beyond the last hump of 12th March where IPO purchasers can sell their shares, there's every reason to expect we will be moving back into bull market territory.

Engage is now live. The job of the company has now moved towards a phase of increased marketing and awareness around this core product. The focus now is on increasing revenues - the hard graft is done.

Following a prolonged bearish pattern, we have been moving sideways for some time (around all time lows). It's reasonable to expect upside in the medium term. Hopefully things don't go down over the next few weeks.

there's a lot of support around the mid 80s. If it ever reaches that level I would recommend anyone to get involved. Worried it might have one final tank from here... (average buy 107). Either way I would expect things towards new all time highs by the full year results in 6 months.

Don't be waiting on 60s if you want in with this company. Things have already fallen substantially. Better to get in slightly above the bottom than not get in at all, if you like its longer term prospects!

I saw that yesterday coincidentally. Absolutely no mention of the company. Looked great too. They really need to step up their marketing. It's one of the most important areas of their business, and they desparately need to treat it as such.

Is there due to be a release with PSVR Jimmy? Is that the one that was postponed/delyed?

I don't like to speculate on the short term, especially considering things tanked so much after the positive Engage release in Dec/Jan, but perhaps they will announce something more positive with PSVR during their interim update.

Concerned to be honest, but things have taken such a battering of late that potentially there will be some light at the end of the tunnel.

Agree with below comments RE the awards by the way. Awards are great but there should be more emphasis on the marketing of the Engage platform, and less focus on awards and the demos.

Engage is everything to this company, and their efforts and resources should reflect this (externally as well as internally).

Don’t know if you have noticed, but the share price has just fallen by 30% in the last 24 hours

Agreed the news will be positive, and likely improve the share price significantly, but what are you basing your figure of £1.75 on?