Member Info for wyndrum

I know what you mean Yanis, but things can get worse, unfortunately.

Be careful what you wish for Yanis.

Say sales have fallen further in the last few weeks and she tells the market? but then go on to rally in July/August?

She has issued the RNS and now its awaiting game until something material happens, good or bad.

This is very encouraging.

It looks as though the MM's are carefully managing the market, as the spread is tight and is slowly moving by 1p a time.

It suggests to me there is a lot of demand and they are trying to keep a lid on this (in a professional way). Which in turn suggests new money is coming in rather than just the normal churn on , in this case the AGM, or general presentations of the past.

roll on 127p as a start

Hi D: have you see XSG today?

based on what? crowd psychology?

sorry, not sure what happened there:

"fwiw and I understand this is of no interest to most but I added further today as I am encouraged that the 98p interim target both being met and exceeded so quickly, and also holding this morning."

fwiw and I understand this is of no interest to most but I added further today as I am encouraged that the 98p interim target both being met and exceeded so quicjavascript:void(0);kly, and also holding this morning.

Thanks Br,

Again its always difficult to get these things right, but you have to be decisive. My plan was to take on the extra risk at the 88p-91p support but I was prepared to lose a bit and get out at 85p if I was wrong.

It looks as though it was the right thing to do but I will wait to see where it ends today. 98p is small target that just adds a bit of weight that the fall is most likely over.

(I should have mentioned that I bought an amount yesterday at 89.5p with a view to aim for 120p)

It was the converstaion I had with another poster that made me relook at it and I basically took my own advice and bought some.

Phantom, I am expecting to offload some or all at around 120p. (The caveat is, it will depend on how it gets there. If a very positive RNS comes in then I would look to 150p give or take, but that may not happen.)

Its always fluid but I don't concern myself with Angle, just the SP.

Certainly I waited a long time for FDA approval and mistakenly assumed that the spike to 150p would settle a bit before pushing on and now I have no idea or frame of reference when it will reach those dizzy heights again. Could be next week could be next year, or the year after. Who knows?

Br3x, buying in low is half the trick, the other half is "knowing" when to sell.

Most people who use TA, to time entry ,will also (or should) have a "target price" to sell at it before they enter the trade in the first place.

DGU, EVE were losing money which we knew about. They then surprise the market with a profit warning meaning losses would increase. If they then went on to say "we are cutting ABC and XYZ, laying off staff blah blah blah then that's one thing.

But to follow on with a need for further investment and also putting the business up for sale without even having a buyer in the wings means, its pretty desperate.

This isn't even code for going bust.

Unless something changes EVE will run out of money some time this year I imagine. (DYOR etc)

Its perfectly possible a buyer will be found.

Thus far the SP suggests it is unlikely but that can change in an instant.

Like I said the obvious route for would-be small investors is to wait to see what happens: they go bust, no money invested. They get bought out or are financially re-invigorated, SP immediately recovers to say 4p, whatever, then the PI's and others can buy in then knowing with the new funds/owner and a more detailed business plan when profits are likely to be expected and can see SP appreciation over the next 12-24 months or whatever.

Just my take, although I may have mentioned this a dozen or so times to you.

I know we are all going around in circles but there is No USP with EVE. It is one of many of a mattress in a box company that has a good, well reviewed product as do other mattress makers.

Its valued customer list is not that valuable if once bought unlikely to buy again for several years. Plus data on target markets is easily available, and although at a cost you don't have to buy and run a company to get the same info.

You like the product, I like the product, unfortunately if it ceased to exist life would easily go on and in 5-10 years when I need to replace or add beds/mattresses etc, the technology may well have moved on so that I only see further improvement on my "sleep wellness" situation via another company.

Look, eve may get bought out and the SP rises strongly but just as DGU did not answer my questions on how he arrived at his statement "Seems some people think EVE are down to there last few quid! I just don’t buy that given the facts — 4.5 million cash and increased stock holding etc etc etc". suggests that either he just hopes it isn't that bad or has done no calculation at all.

I just fear Jackbal is bang on the money when he said "Real reason is they realised they were going busy quicker than they expected due to increased promo activity and drop in rev’s."

The only positive I can see is how resilient the SP has been . Yes, the spread is hindering gamblers piling in but at the same time selling seems to have stopped. Its just in limbo until the picture becomes clear.

It looks as though buyers and sellers have already set their course. Now its a question of waiting.

(And finally, if you are risk averse, waiting is the easiest and safest path: EVE get bought out, the SP goes to 5p and then you buy in with the hope of profits and 6-8p on the horizon for little or no immediate risk. And I can tell you for nothing, most professionals don't like risk.)

so far so good, 98p close would be the next small target now.

DGU, thats fair enough.

How much do you think they were losing per month prior to the profit warning?

Which month were they saying they had £4.5m in the bank?
How much do you think they were losing per month prior to the profit warning?
What ball park/finger in the air, extra loss do you think has been incurred over the last 2 months say?

If you can provide your thoughts on that, we will have an idea how much might be left in their account?

ShearC, yep but the days not done yet. we have wait to see I think.

It defo could be a break or, it could be a dip below to scare a few off before going up again....

Tricky game, using charts....

GL, 91p close is quite a strong support and the next one is close at 88p. 75p is a possibility but if you are going to use charts then 2 things: one is just odds based, nothing is certain.

So, there is argument to buy now as its close to 2 supports. But on afall like this you would, to minimise risk wait for confirmation that the fall is over which would a close and hold above112p, which in percentage terms is along wat from here. So buy now at higher risk for greater profit or wait for 112p for a higher likelyhood of further gains.

If you did buy at 89/90p then 73p would be your stop. which is potentially a 17p loss for a potential gain to 112p at least (22p) or 135p next target which would be 47p gain or ultimately 156p (ath) 70p gain.

If it were me (just my opinion)I would buy now but come out at 85p and buy again at 75p ish.

Anyway, just my view DYOR etc etc

DGU: "And if EMMA trade at a loss of break even ( they are bigger) whilst EVE go bust what does that achieve?"

It means £26m of market share is now up for grabs and with one competitor out of the way, may allow a reduction in the level of discount of their product?

ah... ok. we clearly are not going to get along if you think I am serial liar. Fair enough, its your opinion.

Aim, just so I understand: "I don't doubt that you actually believe what you're saying. Do I believe it? No, sorry."

You accept I am genuine but you don't believe I mean it?

Ok,

As for HE1. I have posted many times there that it is a non-company until it actually "discovers" helium so as to try and dampen the expectations of posters who post about for instance, how much the stock is worth when looking at Helium prices. I mention that they have not even got a drilling program in place yet! (I do think people understand the binary play of that company).

You may think my posts are laughable but reading the utter tosh that routinely passes for investment criteria (lets all remain positive, I am balls-deep in this one, etc etc), then having made I think probably every mistake in the book over the years (50) , what is the point of these BB's if not to pass on experiences to help others potentially not make the same mistakes?