Member Info for Wolster

Similar & yet not the same.

On Friday you could sell in the morning & buy back in with good profits in afternoon.

Today, you sell in the morning & no drop in buy in afternoon, morning shorters sitting on small losses.

Looks like the MM's arnt gonna drop that buy price today.

Sudden string of Trades to prop up the buy at 11.33am

Not far from our recent (2 days ago) high now 15.52p.

I think this flurry show 15p is the base.

We often see sell offs in the day, but know one wants to be out at the end of the day, who knows what good news might just pop out.

That there is a prime example of ramp news (not pointing the finger at the poster here - just the article).

I mean I could say Koov's cut losses by closing down - no costs then (Well done Koov's).

All Koov's has done is exactly what it had to do to survive & SURVIVE is the key word.

Its not some major management expertise move, the accountant there just bowled up to the board meeting & said Ive got a draw full of cheques that if I send out will break our overdraft facility what should we do ?

The top guy then said I know, we got all this old stock we have already paid for lets just sell that, till a pile of cash turns up from an investor.

So yep thats old news now, but hardly an indication of a cutting edge management team, even a corner shop deli could have mustered that plan together.

Lets face it you were all lucky the whole lot didnt pop & Koov's 2 (pheonix) the return wasn't launched onto the poor indian markets.

I almost value this company as a start up without all the start up costs.

The saving grace is the Brand survival (untarnished, I include customer satisfaction here), what appears to be a decent clothing design team & some degree of market penetration/awareness (& an accountant who managed to cut the purse strings thankfully).

I am not yet convinced the higher management are doing there job properly, which is I suppose is where the new investors step in (pls exclude Amazon from all of this, its a side show for Koov's dire performance).

Now they haven't had enough time to bring all there expertise to the party yet (& they have been distracted by Amazon) but at least the investment has bought Koov's time to impliment the required changes.

So yep the future does look brighter, but no way im rushing into nethin (Koov's need to prove an awful lot yet), i would rather miss out of the initial gains & wait for more intel.

I said im not a major holder in my post?

On the plus side I never bought in the hype fuel days prior to results either.

So you guys seem totally conviced above 8p is the bottom, maybe it is maybe not.

May I ask how long you predict it to stay at 8p range before the massive hyped uplifts start to arrive.

A Week, a Month, 3 Months ie..what is the expected time it will take for Koov's to either turn the company around or give out enough positive information to materially effect the share price upwards.

It could take ages, whilst your money is tied up here at 8p doing nothing.

You guys sound very excited about nothing as yet.

Just like you were before the latest figures, only a very few I saw indicated that they were expecting a rough set of data (probably one) even tho all now say the bad figures were always priced in & they fully expected them.

If I was a major Koov's investor (which im currently not) why would I not be exiting rapidily/delaying investment prior to the EXPECTED awful results, but no mention just continued undisrupted ramping before & after financials (a little sus dont you think).

If Koovs are the share we all dream of them to be (which I also believe) why ramp over nothing, its surely all about timing in this case (& not stockpicking), I will say all those who bought prior to the EXPECTED awful results got there timings wrong on this one - simple as that, & that maybe as a result of belief in the ramp or massive hope Koov's could turn their dire situation around in a heartbeat - which they can not (it takes time).

So my point is you still may have your timings wrong on this one, these little jumps from 7p to 8.5p could be just day traders making profits off hopefuls.

A sustained price rally requires decent (positive) news flow (which Koovs are awful at).

I dont expect a decent news flow within the next few weeks, so currently you are at the mercy of day traders wake up dreamers.

Im not saying sell or buy, just try to cut through the ramp a little.

Its just day traders doin their thing, either join them & make a few hundred quid if you get your timings right, or dont & sit it out.

As long as you got the same number of share in the morning as at night you lost nothing.

Feel free to take all this guff to private messages whenever it suits :)

I'm thinkin more a profit take sell off from the 7p buyers this morning.

Who knows where this will end up.

IMO I wont rush out to buy something which might be cheaper tomorrow.

(Eventually this share will come good, but they got a hell of alot of work to do to turn the position round going forward)

Given we are on the Amerisur forum & not the slag off Workover forum, ill back off.

What I will say is the forum was doing quite nicely dispensing good quality information to those interested in Amerisur & undoubtedly acting as apressure release valve for our frustrations of being dragged down to a 9.5p share (which whilst you weren't responsible for, you damn well didnt help) before we were unnecessarily dragged into talking about you.

So lets all return to that & not snipe at you or you at others shall we.

TBH i didnt see neone talking about you, till you reared your head again last night (so clearly you arn't all that), but if you feel like starting somethin there seem to be plenty of opinions towards you under the surface.

My personnal objection to you is the timing of your oh so wonderful critiques, always when a share is down some corpse feeders turn up.

When the share rises (in line with the rampers/supporters comments) the corpse feeders lie low.

Glad I waited on the sidelines for these, ouch.

I just wanna congratulate the committed & brave few who stuck around in the 9.5p days, esp after that final turd assult from the production figures that almost finished some off.

TBH i dont think there are rampers here, its just the company assets ramp themselves & people have to keep reinforcing that message or otherwise succumb to the shortist scum brigade.

Yes i do dispise all those who took part in that production figure fiasco @ 9.5p people had suffered enough already by then without being kicked whilst down.

Neway lessons learned ignore the scum & believe in self (fortunatly I didnt sell a share down there, but it was close)

15 lots of 15,000 someone is trying to drop the price.

You gota love MM's.

Or is it the final Rex vindictive sell lol

Given we believe the big institutions will start looking at this as a credible investment again & they do alot of work after hours, would you even as a day trader wont to be out of it at night.

The only drops are temp day trader profit taking, otherwise all upwards trend.

Dont get me wrong the pile of cash i will be sleeping on, will sooth my panic selling worries away :)

I will miss the 9.5p, the 10p 11p 14p days for the sureity that desends on the mind that your money is safe & only going up (obviously at 9.5p I had other things on my mind).

Hope the news flows continue, to happily keep that feeling bubbling along.

When investing do you get that feeling often (im fairly new at this game so just wondering).

When the heady high arrive im sure i will desend into panick selling along with others - but hopefully I will resist till I reach my targets.

Is that oil popping up under my laptop :)))))))

Ok in the interests of trying not to sound to rampy, my only remaining nagging doubt is the 1/4 production figures.

As all of the good news wont effect them yet.

So maybe a little bad news from that direction is possible, but would that really alter the company value in the long run (obviously it may effect share holder perceptions).