Member Info for wyndrum

Well, we closed on .36, so a lovely, almost perfect symmetry to the 12 month bowl formation.

Two options tomorrow, rise or fall. The RSI is at a toppy 76.61, so in my experience there is still a little room for further potential upward movement but its getting to look over bought.

If I had to guess it will go though and close around .40 give or take and then fall back to .36p as a test of the, what would be now support of .36.

If I am right it still makes where we are right now, a half decent place to buy either as a top up of to get on board now. Either it goes up and you get in here now, and it does not fall all the way back to .36, giving this as a good entry point, or it does fall back to .36, but you are no worse off because you are already in.

The 2nd option is that it falls from here to unwind a bit before having another go at breaking it and you wait before getting in. The danger with that is where does it fall to? The chart say .30p (20% fall) but it might be a small retrace to .33/.34 and then takes off...

The trader will have their own risk reward system to look at these possibilities and decide which one ultimately balances the risk to the overall reward.

Interesting day tomorrow, even though it may turn out to be a less exciting one. (just my opinion, dyor etc)

You are probably right Van, The SP can only go so far on no news.

Sorry "12 bowl" should read 12 MONTH boul"

I think as was mentioned earlier from a chart perspective that there is a 12 bowl patttern whereby 12 months to the day it was .36p sloping down to the lows of .11/.12p over the ensuing months and staying there until a gradient rise to where we are now over the last couple of months (hence the bowl shape)

If a SP forms this pattern and breaks out above the high edges of the bowl (.36p) then that is a strong signal of further moves up. So its understandable the market is just holding fire to see if the momentum will take it higher as it has taken 12 months for this to unfold, and they don't want to get caught on a "false" break out. (Thats why a close around .41p or better, satisfies both that break out and a longer term "high" being broken going back even further.

Its close right now as to which way it will go (up or down), but I still am expecting the .41p target to go shortly (any day over the next few days/weeks) to allow moves to .6 plus. (imo dyor etc)

I'll leave you financial geniuses to it.

Your financial and business acumen is clearly better than mine. All in profit, can see through the DP to who is buying and who is selling. Understand all the company valuation metrics which has helped you all buy in at the bottom. Been able to read between the lines on RNS's to see who is building a stake, when the short was closing. Never gave a false forecast to the inflection points or turning points in the SP. Advised all to hold off buying until now.

You have without doubt, been brilliant in your analysis, not just now, but going back years.

I hope this board realise how lucky they have been to have your insight shared with them.

I understand all of that Thorn,

it was just the "out of thin air" sales to revenue valuation based on absolutely no basis or grounding about real information.

Why pick on £250m and 4 ... ooh, it makes £1b.....You could simply put in any figures you like. None of it is based on any reality whatsoever .

Ever heard the phrase: Turnover is vanity, profit is reality.

"The phrase highlights the importance of focusing on profitability and cash flow rather than just top-line revenue, as high turnover doesn't always equate to a healthy or sustainable business. "

Sorry: Replace my word "Profit" with Sales.

"GC alone is slated to achieve peak sales of 250m"

the valuation will be based on profit not sales.

Still to this day I have never had any idea what the profit margin is on their tech. Thats what has made any forward valuation so difficult.

Obviously the Trial has to be successful as the first step in this process.

"Pls spare us the usual nonsense from the crowd in the cellar."

What, the fact I said this a couple of weeks ago?

That 32.5p was a resistance than needed to be broken and that 38p would be a further confirmation of a reversal?

But if it makes you feel better, post away making it sound like you were right all along.....

"if it's doing this well without any real product news think what will happen when that breaks"

Thats what is probably causing the buying. If the news "only" confirms the actual news then the SP might dip.

It will need to exceed expectations to keep it going.

SP's generally always get ahead of themselves in this type of (feverish) situation.

Yes Gidrae, I noticed that too and am looking at the break above around .41p as the catalyst

GLA

Morning vauch,

Maybe so, but at what price? What premium will need to be paid above whatever the SP is at that time should an offer arrive?

Could be a bidding war too. Who knows?

Just got to get the foundations confirmed first.

32.5 was a sticking point, then it crept past it and came back to rest on it making the resistance a support. Looking likely for further gains. closing above 38p is the (relative) big one as it will break the recent trading range.

Still pretty close to 32.5p so it does not want to close below it but as I say the odds look to me more likely a rise than fall. imo dyor etc

Nice analysis Stargate, thanks. (I remember back in my Bond Future day-trading days looking forward to "inside day" bars albeit on a 5min time frame. Pretty reliable as I recall.

Thanks Hayden, for the reply.

I think you are quite correct in that view is shared by many.

A bit of Devils advocate here (ie its not necessarily my view),.

I'm not sure Traders do celebrate when the SP falls other than to say I told you so (if indeed they had). In any event I think it is always in very poor form to potentially make fun or light of others peoples (in this case) financial loss. Quite often because Traders are often the butt of others rude remarks, they respond in kind when they have the opportunity. Its a poor excuse in my book, but human frailty and social media being what it is, there seems a section of society where this is deemed "normal".

As I say there is reasonably wide spread belief that SP falls are down to traders. However Traders can't sell unless they bought first. So the rise in the SP in the first place is partly down to Traders. And as we all know, people sell all the time at different times for different reasons. Just today we had an explanation of why somebody sold. So to automatically blame traders is I think, a bit lazy. There could be other reasons, and they could easily be fundamental ones. ie the company is now overvalued, or the whisper that an order won't come through after all, etc etc. We simply don't know.

Manipulation is always possible on such a tiny market cap but its unlikely done by traders who frequent these BB's. People who post here don't trade with £100'000's. Wherever money is involved you get dishonest people. Anyone influenced by strangers on a BB should not frequent these BB's, as imo they do more harm than good. So, having said that I am sure some do TRY to influence falsely, the SP, by posting but as I say if the individual can be swayed by that type of post then best not be here. (Personally I don't think anything posted on any BB has any effect on the SP, or even if it did it would be very short lived, but as I say I think it highly, highly unlikely to move the dial at all.

At its best these BB's can be a sharing of ideas and experience so as to pique others interest to explore the ideas, independently, further.

As long as we always remember, we haven't a clue what's actually going on in these companies in the background at any given time and its just a crap shoot as to whether we get lucky or not.

"Traders" WNW?

maybe a different perspective?

Why did you buy into this company? To make money by share appreciation.

Why do "Traders" buy into this company? To make money by share appreciation.

So the goal is the same. But they might sell out before you do. But then again they might not. Who knows what yours and their timescales are

Do you have a target for the SP when you will sell? ( I expect you do), so do Traders.

The difference I think when I see the word Traders bandied about as though they are the, or at least a, "problem" is that they have to buy the stock in the first place, helping raise the SP which is what you want.

So it gets volatile, so what? Would you prefer it take 5 years to get to your selling price in very slow incremental gains with the odd 6 month period of decline, or get there in 3 months because of the "traders" going crazy?

We all want the same thing and there will come a time when you sell too, will that make you a trader, albeit perhaps one that just worked on longer timescales?

Damn Mickey, i thought you had trumped my 22p per share target by quite some margin....

I mean its possible.... nothings impossible..... but... damn....

Lets see if we get to .41p first ......

Yeah, you are all quite right, I have no idea about anything.

By the way, what loss are you sitting on?

That's the thing, you can't wait to be so smug, and belittle every post i make without the humility to realise or acknowledge that all your "research", all your understanding of how it all works, has been completely and utterly wrong... for YEARS

Your infantile excuses that the market is as thick as mince, not having the smallest inkling how important the financial structure of the company was and still is, posting that every drop down in the SP was caused by illegal MM's deliberately keeping the SP at artificial lows. Gleefully wanting shorts to Burn, as though your emotional response was an indication of clear thinking as to why anyone would short the stock in the first place.

To be so emotionally blinkered and one tracked in your thought processes has led many to be sitting on for many big capital losses.

You could have been more critical like Thorn who believes now the bottom has likely been reached and bought at a price of 30p which if this stock does deliver will be multiple times better off at this entry price then almost everybody else. But how has your relationship been to him?

Do you see a pattern here?

Perhaps if you could try just try to stop this constant, incredibly childish over reaction to posts you disagree with you might at times see merit in another view and profit from it. But then again, I very much doubt it.

"...if some outstanding news landed regarding the headphone design win the charts would have to be redrawn."

That is correct. New news ultimately underpins the SP.

TA/Charts are just looking at the crowd behaviour in the meantime. An interpretation of the strong move up over the last few weeks is the expectation that the design win will push the stock up much higher, so people are buying in, in front of this confirmation (Greed). This move is drawing more buyers who do not wish to miss out. (Fear & Greed).

If the news is just "ok" then there will be a sell off as people quickly bank their profit. If the actual news surpasses expectations then the SP will move up even further.

SP volatility prior to the actual news breaking ,will reflect what the expectation of the market is, for good or ill.

So yes, If an RNS unexpectedly drops, then us and the rest of the market re-access our expectations and act accordingly. That affects the chart and us TA'ers start again.

Van, I still think the post below is the most likely out come in the short term. It depends how it gets there (if it does), to then see what is next.

The SP will likely go into overbought territory either as it gets there or before so in any event there will be most likely a retrace or two before .41p is broken and becomes a support level rather than a resistance.

Every day close alters the view, sometimes a little, sometimes a lot. But so far, so predictable...