Member Info for optimist59

Health warning - I may not know what I am talking about

Just a bit of fun assuming IFOOOX;s post is correct.
Assuming a PSR of around 10p the revenue would value the company at around 100m.
If the revenue increased by x 5 that would value the company at 1 billion.
So how could the revenue increase.
Let me see, £2 a download, 500 artists, 4 platforms, wider audience etc etc
Couldn't resist a small top up today.

IFOOOX - This share is losing just under 1m a day.
If what you say is true then the share price is being artificially manipulated downwards IMO.
If what Robidicus says is true then its a good time to do it.
Same question to you, where did you get your information?

Robidicus, care to say where you read that ?
Now its hit the 10p support line there is nothing to stop it going down to 8p if its broken.
But there again there nothing stopping it bounce off the support line back up to 13p over the next few weeks.
It really does depend on what MVR do now,
If nothing happens next week, expect this to hit 9.0p within days.
All IMO.

No idea if this has been posted.
http://www.4-traders.com/BANCO-BILBAO-VIZCAYA-ARGE-69719/news/Banco-Bilbao-Vizcaya-Argentaria-Convenience-comes-to-virtual-reality-with-Oculus-Go-26979784/

HOBBIT - the full blooded app will have filters for artists, genres, length of video, definition and type of video etc etc.

Unrealistic to expect zero talk about the share price when news is running dry.
The next substantial rise will be to 13p but it will take a catalyst that changes the fundamentals.
The most likely to begin with is a revamp of the app IMO.
At the moment it is nothing much more than a beta app on a limited number of platforms and we have little data about how its doing.

Blake Shelton‏Verified account @blakeshelton · 4h4 hours ago

 More


Not a fan of twitter and I have no idea who Blake Shelton is but he tweeted this 4h ago...……..I think.

Y'all can now experience Blake's performance from @OleRedTish in virtual reality on @melodyvirtual - Team BS

If I can break away from the fundamentals for a moment I have noticed the beginnings of a double bottom chart bottom developing.
Never rely on technical analysis alone but if this share starts to rise I think that traders will start taking a strong interest in it.
I will certainly start be riding shotgun on the technical indicators right now.
As always with technical analysis everyone may read the chart differently.

An interesting post by Parasise.
The bit that worries me is this.
"This year they also plan to launch a live-streaming service, that would virtually transport users to concerts as they’re happening live. This way fans that couldn’t make it to the venue don’t have to wait for it to be uploaded onto the app. Down the line, they’re going to begin letting users tune into live or past shows with up to 15 of their friends in an attempt to recreate the feel of a road trip to a concert."
When MVR say this month they mean this year and when they say this year they mean next year.
"Soon" it seems means something over 2 months.
However knowledgeable they are of the music business, I do wish they would play with a straight bat.
I do believe there is pun in there somewhere.

Good question and if I had evidence of a sale it would be gold dust.
The pointers to me are the lack of advertising and the patience of Job being shown by Sony and Microsoft.
There has to something in for them and I happen to think its a joint buyout.

Windows coming soon, its coming soon its coming.
As I see it its Facebook first from now on.
If I had a stab at the sequence of events I would say this which is all IMO
1. Revamp of app
2.Launch in China.
3.Launch of Santa Cruz.
4.Launch on all platforms.
5.Major advertising
6.Buyout; with Facebook as the largest shareholder

https://www.fool.com/investing/2018/07/08/facebook-aiming-for-virtual-reality-dominance.aspx

This is just an opinion nothing more.
I don't believe MVR can do anything without Facebooks permission.
They wont let MVR launch fully until the Santa Cruz is ready.
To my mind it has never been about the Occulus Go always the Santa Cruz.
Further more once they have launched on all platforms I think the app will be sold.
Again al IMO.

Not a direct competitor but they are competing for money from anyone investing in VR.
All shares whichever way they are trending will fluctuate and those fluctuations will be influenced by news.
For LTH's fluctuations don't matter but for short and medium term traders it does.
The effect of warrants is negligible, there just aren't enough of them.
All IMO

Well I seem be lost, am I on wrong board?
Getting back to MVR, I think they are taking the word "soon" and stretching it too far.
In the absence of news I expect to hit 10p much sooner than I thought, perhaps by next Friday.
With money moving elsewhere traders are looking for gains in weeks rather than months.
If it breaks thro' the 10p support line then 8p is on the cards.
How we all remember 8p.
MVR can no longer get away with doing and saying nothing, there are now new kids on the block.
All IMO.

In the absence of news this could drop to about 10p before bouncing off the support line.
The RSI suggests to me that this share is now oversold so many will be looking to take advantage of the bounce.
Any good news and that will happen sooner.
MVR do go thro' periods of apparent inactivity so expect these dips to occur often.
All IMO.

BB - Musically there are 3 types of people in this world. those who saw the sixties, those who didn't and those who were smack bang in the middle of it,
Then again there are the greedy ones who got to see the fifties as well.

I see what you mean, they have similar share patterns but in opposite phases.
That becomes apparent when you look at the RSI.
When one is oversold the other is overbought.
Somebody big is riding two horses, very clever trading.
Good news about the Stones, lets hope they appear on the list of artists soon.
It will attract those of a certain age.

https://simplywall.st/stocks/gb/software/aim-evrh/evr-holdings-shares/news/when-will-evr-holdings-plc-lonevrh-turn-a-profit/

I don't think people realise that they are breaking the law when they make misleading statements, especially if they are trading on the share.
This site is not anonymous, the FCA can track you down.
PS Walker looks nervous,Ali is crock,Kane only lasts 70mins,Sterling can't score to save his life,Stones and Maguire lack discipline and what is his problem with Rashford,
Sorry just had to slip that in.