...cheers BP. I do believe (for whats that worth) that Wynyard are (very) well positioned to take advantage of this global trend in cyber crime. Right place, right time..........great products. Im a believer! (and buyer)
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...cheers BP. I do believe (for whats that worth) that Wynyard are (very) well positioned to take advantage of this global trend in cyber crime. Right place, right time..........great products. Im a believer! (and buyer)
Up 7.69% today, looks like the interest for this stock is back on!
Looks like another rise on the way today...... Thoughts black Peter please as I don't work charts.
I don't work charts either ... but from time to time (particularly if I want to buy or sell a stock) do I find it useful to look at them;)
Look Ggcc ... charts tell you what the market used to do and what it is currently doing (and they help you to identify the chance of trend changes a bit earlier than you would otherwise). It is a statistical tool which helps you to determine the likelihood with which future events might happen (but it doesn't predict future events).
As any statistical tool - its accuracy improves if your available data set contains a sufficiently large number of (statistically independent) events.
At this stage I do see six small trades at 1.45, which is not a statistical relevant number of events.
So yes - there is at this stage a quite small number of people who intend to buy a quite small number of shares at higher prices than yesterdays closing price.
Sort of like a few small snowballs rolling down a wintery slope. Will they cause an avalanche? I don't know ... it might be sensible to monitor, but I wouldn't yet call the next DOC office.
Discl: not holding;
BP, the volume traded wynyard's sp all the way down ain't big either. The only SSH notice during such period was Salt Funds increased their holding from 5 to 6.3%. Given unchanged fundamentals, its sp could be pushed up easily (by any positive news) as we've seen for last few days.
The company forecasts >50% FY15 revenue growth and consider a U.S. listing in 3-5 years
https://www.nzx.com/files/attachments/223114.pdf
Me reckon it is one of sound companys for long-term investment
Disc: Holding
Estimated price range: 1.5 - 1.6 by Xmas
Here you go, the Weekly price chart I've mentioned here before. The 10/14EMA trend lines help me get in and out of strong trending shares, along with other dark art things like DMOR!
Earlier this week WYN fired off the buy signal (crossing the 10EMA) and yesterday it pulled the trigger (crossing the 14EMA). That said, the move seems to be on thin news (and some have suggested thin volume, I haven't check TBH) and the indicators have quickly gone to overbought. Personally I'm happy to wait for a 10/14EMA crossover and a strong uptrend confirmation, even if it means buying in a lot higher.
Disc: not holding, this is not advice, it's jmho and always dyor.
BAA
Attachment 7681
...thanks BaaBaa. Yep still a lot of recovering to do to get back to where it was a year ago. From memory I think a lot of folk were paying over $3 for this stock at one stage (correct me if Im wrong)....so many will be watching, hoping......pleased Im not one of them but lets hope it gets back up there for their sakes.
Fundamentals still too weak to support the SP up here methinks. Growth far too low. Today's price action smells fishy to me...
Well ... that's not quite correct - while the volume the way down was not huge either - it used to be in average much higher than the current upleg - and I see on the way down a number of days with more than a million of shares crossing the table.
I am as well not sure, whether I would call Wynyard a "sound" investment ... but you said "sound company", and I am not sure how you measure that.
What I am seeing is:
Moderate growth company (promising more growth for the years to come) in an interesting industry. I am rather sure, the industry will do well, but they do have competitors, and some of them are significantly larger than WYN. They run a loss and it is not quite clear to me when they plan to get into the black numbers. Cash burner, had already a CR and likely to need more money next year or so ...
I see them in the same category as PEB, XRO maybe OHE ... startups with big potential, big losses and very vague but big promises, and we don't know yet, how good they are in delivering on them.
Sure, their PS looks not too bad, but as long as they write losses, even good sales will not keep them alive. I am not sure, how to value them - are you?
BP somebody posted his link on the Geop thread. You might find interesting (not specific to any company
http://recode.net/2015/10/22/the-arr...ampaign=buffer