Member Info for OTCDS2023

@pogo, as i've said before not sure why you have to come on this board if you're just going to deride individuals on their respective losses? Its not helpful or constructive is it?

Closed the gap at 1020 which is a good sign, as mentioned if those 3 points I raised go the right way, things will start to pick up.

B77, traffic numbers are not driving the share price the wider market is, traffic numbers do get tracked by institutions but there is no daily influence in the way you say...however there is an artificial 'on the day' movement as a result of algo parameters and bit of retail movement.

This week we need - 1. UK CPI to come under 2. Nvidia to smash earrings AND 3. Bad US jobs report on Thursday.....then we're good to GO.

Wizz will hit 10- 1020 this week...wider global market is a mess...

@garydav there is a gap to fill at 1020 so will hit at some point, if market is bad this week....I would hold off on 1040 and wait for 1020.....just my opinion.

B77, I think the only thing that matters to John is it went up 42%, assume he is fairly happy with that return while sipping on a beer on holiday.

B77, I don't disagree with your approach, long term it should work out, I think it could pullback to 1020 odd before moving higher into YE, it all depends on the wider market/budget on the 23rd. When I say swing, it just means I will sell when I see weakness/potential pullback on the horizon, if I don't see any I will continue to hold. Good luck I wish you all the best.

B77, there’s nothing wrong with trading the swings — i think if time allows everyone should consider doing both if they feel confident to do so. My point with Wizz specifically is that the moves are so telegraphed it’s been relatively easy to follow. It often feels like the institutions and hedge funds know exactly what’s coming and adjust their short positions accordingly.

I agree that you can work with the same support/resistance levels on all companies (which I do as well), but I like Wizz because of its volatility, and the fact there’s no stamp duty to worry about.

Yeslam, I appreciate your post — you clearly go deep into the detail, and from your previous contributions it’s obvious you work within the industry. I agree that a catalyst is needed regarding Ukraine/GTF, and yes, both issues are outside management’s direct control. However, you could argue that the latter might have been managed much more effectively? In any business, a strong communications strategy is essential; you have to manage expectations if you want to maintain investor confidence and this hasn’t happened? Also this has nothing to do with Varadi being Eastern European, and everything to do with the fact that every quarter something seems to get pushed back? Over time, investors lose patience — which is exactly what we’ve seen? If any of us repeatedly missed deadlines or pushed back timelines in our own careers, we wouldn’t be viewed as competent either.

I didn’t listen to the earnings call, but judging by the fade in the share price, I imagine it wasn’t great, similar to the last one. I can see the potential for a seasonal run-up into Christmas, but B77’s talk of £20–£28 when we’re currently trading around £10–£11 is fanciful.

As I’ve said before, this has been a great trading share, and the institutional rinse-and-repeat behaviour over the years makes that very clear — so maybe take advantage of that as well? In any event, I wish all holders the best of luck, whatever strategy you/they employ.

The groupthink on this board is of the charts, its like hitlers bunker...come on guys take some different opinions? It might be the reason you're all 50-60% in the red....

AK47 - Is this aimed at me? I am just trying to help the group, we don't all have to agree but very odd statement.

980 is the low from the 7th so that is the absolute support level now, it needs to build from here and show some upward momentum, however you also need to focus on the 20 day SMA @ 1058 or 10 day SMA @1027 as these are near term support levels, as i've said before these need to be taken in confluence with other factors but algos act of MAs and major support/resistence levels and offer buy sell opportunities. Big news will sack any technical level off.

B77 - I said the below on the 22nd of Sept and it proved correct ? Algos bring it down if there is no news and that is what happened? I don't get your point? Are you saying they broke support at 10ish and bounced? I think that is understandable?

From a technical perspective Wizz is looking vulnerable, it needs to hold £12ish, if not could drop to £10-11. As to whether you buy @ 10-12 it should play out well for you if you are holding long term. For it to move upwards really needs a positive catalyst, however we are unlikely to get that from management as their comms strategy is very poor, really need a positive move on Ukraine to make any difference.

Pogo, I don't disagree, they should increase income tax, however it is not political viable with the short termism nature of all western politics....Starmer/Reeves bottled it because they were scared of getting sacked off, like every other political party/corporate there is no long term strategy, just short term gains. Don't worry though Reform will fix this mess.....the UK is fu$ked in its present form.

For transparency I am in @ 10.11 and wish good luck to all holders

Pogo, this is a short lived retail liquidity sweep in the market (which has worked well), primarily as a result of the data gap in the US and as you say talk of AI an bubble.....to be fair its just an excuse to drop the markets so institutions can get involved for an xmas run.....for your support levels outlined below to hit we would need Putin to suggest he is going to invade Poland....on the budget, Income tax increase has been withdrawn so consumer spending should be relatively stable in the short term as they will hit the wealthy.... which will in the long run will destroy value.

Good to see results were fairly positive, however looks like difficult times to come...I hope you guys sold on open and have had an opportunity to reinvest those funds......looks like same old story with analyst upgrades/downgrades...Barclays went long CFD so upgrade the stock and JP went negative as hold large short position. Good luck to all holders.

Barclays is potentially closing their short position, as I have said before they only held a minuscule amount of shares, the majority was synthetic exposure re; CFDs.

Please don’t listen to Robbren or B77 as they have no understanding of markets, one is a pilot who should just fly planes and the other is clueless clown that blocks everything who doesn’t say Wizz is going to £40…

Pogo there is no support level now, we broke through the 1 year low? Where are you getting your 700 figure from? You are doing exactly what you did last time, Wizz drops and you come on here to annoy and agitate? What about your ITV shares and their c20% drop? ITV are just as much as a dog as Wizz so look closer to home? A lot of people on this board are obviously really struggling re; drop so have some empathy irrespective as to whether their decision making has been questionable on entry/buy in price