Member Info for ssmith_trader

@ BA Maybe I am giving you too much credit as an investor. There is only one house that has research on EVRH and they are the house brokers (v biased). Spotify pre listing had revenues of E1.95bn (although a loss investors could see how they were making money: statistadotcom/statistics/244990/spotifys-revenue-and-net-income/.

Uber had $2.8bn revenue in 2nd quarter 2018 : thevergedotcom/2018/8/15/17693834/uber-revenue-loss-earnings-q2-2018). Where is melody?? We'll find out soon and then the market will assess whether their market cap is correct.

I am, right now, assuming revenue is negative and loss more so. You can clearly see the growth of Spotify throughout the years. There is a massive difference between EVRH and Spotify. Oh and spotify has filed 214 patents. EVRH zero.

I'll change my view when the facts change. Right now the facts say lower. And no i'm not short because I can't get the borrow. Right now anyone questioning evrh and management and their strategy is being quite astute in risk management.

wonder how this will pay out between Rio and Newcrest. Great find.

@jimmy your post about CEEK? Why justify CEEK and what they are doing when really we need to talk about Melody and justify what they aren't doing. The truth is they aren't doing a lot. I've email EVRH about talking to their IR. Nothing. This isn't an outward facing investor friendly company. It;s a startup that has limited funds that's dwindling day by day. They are therefore GOING TO have to come back to the market to raise funds and it's in their best interest to do that at a higher level that here... or simply they don't care and it comes at a deep discount. And no doubt current day holders will simply say a great level to buy being heavily in the red (makes NO sense). There is no level i'm looking at. I'm looking at a turn in the trend. A sign the company care and are able to give a timeline of events as catalyst. None of those exist today. So still waiting to trade this.

Share price is down not up.... that's adding to a short. With that size we as a biy we would be quite a bit. Be prepared for lower lows with this deafening silence. We'll find out in Feb. But I'm guessing they'll need more cash soon.

About to make new lows. Don't let the eternal bulls lead you into this stock. They're only upside is a buyout (not gona happen) and that it will come good in a few years.Melody is not in closed period. So if management aren't buying stock... at these levels why would you??

The exclusive rights the bulls keep banging on about is unlimited. It is finite. Melody don't have any patents. And whenever the 'exclusive' right ends (does anyone know how long they have?) What stops another start-up from doing what melody does? Answer nothing.

@jimmy I genuinely want this stock to do well and more for the patient investors here with their hard earned cash invested. As another commented on here, it matters not whether this stock goes lower or higher. I'll trade the facts and the momentum. Right now there's nothing to be done and I'm on the sidelines. There isn't any stock to borrow to short and with a large short interest the right trade is to go long. I'm watching for that signal.

This company is years away from being sold. New hire suggests that they are looking to grow. In fact much more realistic that there is a capital raise first with the way they are spending on people and and need to go grow. Its at these levels because no one believes in their vision. February results will be key. I hope for all invested here that they disclose subscriber numbers and more certain dates of their timeline for 2019. Content and providing a service is key. Let's see the proof of their pudding. #mismanagement!

we may and should open up, but as long as the large sellers from across the pond are around, we'll stay around these levels. Just look at the sizeable trades in PM. Been weeks now they've been selling. Going to be a loooong Jan.

question of when.. not if. Gold consolidation has just begun.

you can always call the broker (who ever they are) for more colour and find out how much they have to sell (with you being a buyer). Otherwise no point trying to figure this out (could be a forced seller / fund closing down). We'll all know when the RNS hits and the seller is done. It does however feel like it's being kept at these levels.

very probable they have a large seller and buyer and working both sides of the trades. As most here have said, expecting a holding RNS to appear. Very probable reason why this share has been so range bound.

filthy what were the Elliot wave targets you posted a while ago please?

Seems like they're getting the market prepared.... a recap and then ... boom! :)

RNS - early!

Gold industry shakeup is just starting! bloomberg.com/news/articles/2019-01-02/barrick-s-new-ceo-says-gold-industry-shake-up-is-just-starting

Another 3m out of circulation...

ha! it's not only me but the market in general asking the same questions. Which is why, in case you had forgotten is why EVRH is trading at lows. I admire the consistent bulls here, but you all have to agree the strategy is NOT working. Something has to change for this to move higher. Sadly billions this is NOT worth.

I wonder if evrh actually does have 600 shows recorded of artists. Makes no sense as to why they would not add this to their available collection and / or to youtube. #changemanagement!

youtube.com/watch?v=aQmlKAZ9gBM&feature=youtu.be