Member Info for optimist59

The speed at which this share broke thro the 8p support line is frightening.
Given that this share is grossly oversold it has to down to market confidence in the board.
It might be that AM has to stand aside before re-investment begins.
At the moment they are in a state of paralysis neither doing anything or saying anything.
What I would give to be a fly on the wall at a board meeting.
I don't know what the rules of AIM are but I cant rule out this share going to the over the counter market within weeks if there is no news.
All IMO.

Today's rise was nothing more than a dead cat bounce on what is a very strong support line.
It will bounce along the 8p line for a while, then it will either rise or sink like a lead ballon to 6.5p.
It really does depend on what MVR do now
Given AM's statement about not caring about the share price, the latter seems more likely.
All IMO.

Well I promised to say something positive this week so here goes.
1. The RSI shows this share as grossly oversold.
2. There is the mother of all support lines at 8p.
3. If news were to drop then the same people who have been selling will be buying back in.
4. Not everyone loses from a low share price especially if you are planning a big purchase or top up.

Here is a question for all.
If you live across the other side of the world would you still have to wait for it to be sold out before you can watch it on MVR.
I looked at the ticket factory who sell the NEC ticks and there a few things there I wouldn't mind watching on MVR but there is nothing to suggest that you could.

Sky are laubching a sports app on Samsung gear,
Could MVR take advantage?
They couldn't take advantage of a thirsty man in a desert
Feeling mean today, I will try to say something positive next week.

The share will do what the technical analysis says and go down to 8p
I believe the share will continue to dive until the launch of Santa Cruz when all platforms will launch,
The best thing AM cab do right now is go on holiday and let someone that understands the market take over for a while.

There are not enough warrants to cut the SP in half.
Early investors seeing their profits disappear are probably now running scared.
When the dominos start to fall the price will go back up but right now technical analysis suggests it will go down.
The company have a great product but the board are not good enough to run it.
They need to switch from build mode to sales mode and they are struggling.
All IMO.

I believe it was me that said it could go to 8p if there was no news,
Unfortunately there has been news, a board member has said he does not care about the share price.
If the share breaks 8p then there is no support line to stop it going to 6.5p.
The only good news is that the RSI still shows this as oversold,
Owning this share is like owning 1000 of acres of prime farmland in the middle of a drought.
You can sell or pray for rain.
All IMO.

So that would make you a borderline ramper that is paid to ramp up the share price
Sorry if that’s not the case but over many months I’ve noticed how, at times on kew, at the slightest sign of criticism you have called me a troll.
Have you not noticed the SP has gone from 18p to 9.2p.
I am not sure you know what a troll is, its certainly not some cartoon character in a book.
I call things as I see them, I have praised them for their knowledge of the music industry but there PR and communications have always been rubbish and I have never hidden my views on that subject.

So Ferrisc tell us what we expect them to do with these licence agreements apart from have visions about them.

Besty - some apply some don't but right now its only the fundamentals keeps this share afloat.
This is now an operating company, it has created VR movies in the past and they are being sold in the present.
What is needed in the future is expansion.
VR is here now and it has to be sold.
I don't buy all this manyana,manyana aproach its just an excuse for incompetence.
To be quite brutal, whoever is in charge of PR and advertising should be shown the door and it should of happened months ago.
If that aspect were improved we would see the P/E ratio improve dramatically along with the SP.

Going off topic for a moment, has anyone been looking at the P/E ratio.
Since May 1st I have seen it at -22,-19 and now at -15.
I am pretty sure that -15 isn't good but for a company that's just started doing business I am more interested in the direction of travel.
If my understanding of P/E ratio is correct, get to zero and you have arrived.

Spending sweet all and getting sweet all is not a recipe for success.Frankly I could get more publicity running down the Mall in my underpants than these guys are getting.I have heard they have millions to spend on global expansion well I think AM should pay visit to M & S.

I suppose if you were at the top of the cliff and just fallen off,"enjoy the ride" may not go down to well.
Excuse the double entendre.

Well according to the charts there is no support line to stop it moving down to 8p in the same way that there was np support line to stop going to 10p.
Yes it would do well in two years but does "coming soon" really mean 2 years.
With regard to websites I have not seen a single website or seen one advertised on this site that gives any details about the number of downloads or where.

No I don't believe they can manipulate the share price other than appearing to be incompetent to frighten off investors, and visa versa,
There is lot that they promised to do that they haven,t done and that makes them untrustworthy to me at least.
I said in a previous post that this will go to 10p then either bounce to 13p or if it broke 10p go down to 8p,
Well guess what I think we are going 8p .in the absence of any news.
If it breaks 8p then yes it could go back to 6p.
I think some seriously big LTH,s , are starting to believe they could lose everything and pulling out altogether.
The logical conclusion would be an eventual buyout and I don't see us getting a very good price.
Watch out for institutions pulling out or director deals.
All IMO.

Which means launch in china will be "coming soon" and in MVR terms means 3 months plus.

Well if the warrants are excercised it might depress the price if its not factored in already but even if every single warrant ever issued were excercised at a price of zero it could only knock 10 percent off the share,
It rather depends on what the warrant exercise price is.
If for example it were the Sony warrants at 14p and they exercise, that would push the share price up.
Looking at the analytics of this share I can see the RSI shows it as grossly oversold and the Bollinger band suggests a bounce back to 13p.All IMO of course.You can see for yourself, search EVR HOLDINGS londonstockexchange then choose the technical analyses tab, then tick the RSI box.

I have said before that there is a lot of money to be made from a falling share price if you know when good news is coming.

Walk in to any retail tech outlet and you will see VR headsets sat on a desk somewhere.
As long as it stays there VR will never take off.