Member Info for wyndrum

Verne, Its difficult to make a case that they are growing cash. Less product line, increased costs, higher discounts and depressed consumer market.

If they are (with whatever cost saving measures they have introduced), it will genuinely I think, be remarkable and a testament to good stewardship, albeit somewhat late in the day.

well, I bought this morning at 10.77p having sold some down around 130p and 122p over the last few days (108p ish is a bit of a support so decided, given the SP is being moved about within a fairly broad trading range now and seems to be in the hands of traders.)

Me too!

that makes for an interesting chart.....right up to a resistance level.

Tomorrows open will be just as interesting..

Dr, there is something holding back the SP (imo), its gone on too long (again imo), for it to be noise. Icecool may well be correct, but I have been surprised by the scale of the fall following the 2 RNS, which is why i am airing some possibilities.

And as I said, lets take the emotion out of it. Its not about being emotionally positive or emotionally negative.

Its trying to figure out if we can whats behind it and is it significant or not?

As I said, if Icecool is right then its not.

Why Dr? We can only discuss the SP when its rising but never any time else? Aren't you perplexed as to why it is where it is?

From a chart POV, for those that are interested it looks very positive with a reversal indicated at 260p, first target 300p, next 342p

very hard to judge Happy but the problem I think is likely to be credibility.

DM has pretty much nailed on a 2022 funded drill program.

If it does slip into 2023 then why believe him on future prospects?

Currently given what he has said, I will take it at face value and expect a 2022 drill, , not because i "trust" him, just the potentially irreparable damage a slippage would cause to the company

Happy, what do you think would happen to the SP if the drill is delayed 6 months?

Its not that regimented obviously CJ, but given the 2 figures I quoted are support/resistance levels there will be some that have the discipline to wait for those prices, others may move within a penny or 2, others will wait longer to see if there is a trend rather than a false move. Given there is 10% on offer as long as the "trade" gave a profit of say anything north of 2% then its a good day. (I don't for instance use leveredge anymore but if you do, then as I say 2% can be a worthwhile daily gain.)

What will happen tomorrow? who knows? but there will be plenty looking to see if there is likely a short term opportunity.

DGU, follow your own logic: if you can't trust the EVE BoD, what makes you think you can trust any other BoD from any other listed company? Presumably you can't?

Therefore you will need to change your criteria for choosing companies in the future?

(I am not turning on you, but trying to help. You seem to be fixated on a train of events, namely the wilful incompetence of the BoD, that you do not know is even accurate. I am just not sure if you are looking for an excuse that relieves you of acknowledging the mistake you made. ("Its not my fault, I was lied to" type of thing.)

Ok CJ, lets go down that path. "i still believe someone is desperately trying to keep this down and it is costing them and soon they will be running out of fire power."

This morning the SP spiked to 130p to sell. it is now 117p to buy. The volatility of this stock allows plenty of daily time to close out various shorts., so why aren't they buying now having shorted this morning at 130p (Given they are in a hole and desperate to get out?)

Why would they need to sell (short) now? They could have closed out this morning?

I just can't see the logic of every fall (that follows a rise), being because a new short positions at low levels (120p and below) is being put in place.

If demand for the stock was genuinely there, then "real" buyers would be snapping off the MM's hands to buy at these levels.

So, my conclusion is that for whatever reason, demand is actually quite soft as this has been going on for some time now.

Occams Razor would suggest that traders are selling at around 128p and buying back in the mid teens and just taking the 5% plus on offer, and rinsing and repeating.

Its risk free, remember: they buy at 117p and sell at 128p.... then this time, the SP does not go down, but carries on going up. Ok, they have missed the latest rise but they have not lost or risked anything by simply being out of the market when the rise came.

rxdav, so following your logic. ".... this has a definite feel of shorter panic to it. As you say, if a license deal landed tomorrow (and it could) they would be totally wiped out -" and ".....if they try and close now they are going to set off a chain reaction avalanche (northbound) - they have got themselves between a rock and a hard place - brilliant. "

So they are panicking that they might get wiped out so they sell more to get the SP down. Only they don't own any shares so they must be shorting. So they dig an even bigger hole.

I'm not an expert on shorting stock but my understanding is it has to be backed by funds given the nature of potential losses.

Do you think it logical that (assuming you are right) that after all these weeks and all the opportunities the shorters have had time to get out they (in this now panic mode), will carry on increasing their financial liability taking out further shorts?

I don't profess to know whats going on but I don't think the (relative) softness of the SP is down to either a rigged market by the MM's, or a bunch of people with likely insufficient financial resource to sell this down on a false prospectus.

plus they are going into the used market.

This should turn out to be a very good long term hold. (with a bit of trading on the way) (DYOR etc)

you don't want the other side discussed though do you?

Thats the whole point.

If somebody here actually wants to try to discuss why the SP has been relatively low for so long after a pretty good stream of positive RNS's you just get on your personally abusive high horse and then get the thread deleted under "disruption"

You however, on the other hand constantly and relentlessly keep the topic at the forefront of this BB but without ever letting an actual discussion take place.

I would say clever.. if that adjective pertained but perhaps (as politely as possible), not so smart would be closer to the mark

You never, ever stop highlighting the shorts and shorting AVCT may (or may not be) subject to.

Either you are one of the paid deramper work force you always refer to, or by just continually bring their comments here to an ever increasing wider audience can only help breed some uncertainty to again, the fearful investor you also believe exists here, which just exacerbates the situation you profess to despise.

Lets Hope on the other one! EVE, although its a particularly tense time, is typical of smaller companies is that news always has large periods of silence leaving imagination of all scenario's to run riot.

maybe...maybe not

DG, I don't thinks its the cost of energy that is the ultimate problem.

I would have thought sales are the problem. Its an easy item for the majority to put on hold until the overall climate improves?

Watching. I think there is actually little risk.

Although there are clearly shorters out there, the actual short of Jupiter is the only one of any note. Any other traders shorting the stock are likely to be a very small percentage of the buy/sells as its not as easy to short this stock as other larger ones.

This is just a case of buy low, sell high for a try at a quick short term gain