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  1. #4711
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    Article last night:

    Sky TV leads gains for second day

    “All eyes will be on the overall subscriber numbers and what sort of traction they are getting online,” he said. “Most of analysts value them a little bit higher than where they are now, but I think the market has been waiting for the proof.”


    https://www.goodreturns.co.nz/articl...econd-day.html

    -------------------------------

    Market waiting for proof apparently.

  2. #4712
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    Quote Originally Posted by tqtq View Post
    As a long term holder, you're shooting yourself in the foot by selling at these prices. Just hold off for a day or two. Let the SP rise. We won't get the opportunity to move the price up like this for a while.
    I don't think it matters that much retail investors are a thimble with SKT; the true test is a the report tomorrow and upgrades in the coming weeks that will dictate where this share ends up, short term movements are mostly irrelevant. Despite the happiness they bring.

  3. #4713
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    Quote Originally Posted by dompf View Post
    I don't think it matters that much retail investors are a thimble with SKT; the true test is a the report tomorrow and upgrades in the coming weeks that will dictate where this share ends up, short term movements are mostly irrelevant. Despite the happiness they bring.
    There will be a trove of broker upgrades following the EOY report tomorrow over the coming weeks. Only noobs will be selling tomorrow for small gains.

  4. #4714
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    Quote Originally Posted by dompf View Post
    I don't think it matters that much retail investors are a thimble with SKT; the true test is a the report tomorrow and upgrades in the coming weeks that will dictate where this share ends up, short term movements are mostly irrelevant. Despite the happiness they bring.
    The SKT SP needs all the help it can get given that sentiment is against it. It's going to be retail investors interest in Sky that pushes the stock up IMO. And they're only going to get onboard if the SP moves up. Sky has already stated that they've met guidance, so there's not too many unknowns. Subscriber numbers and costs whilst important is not big news compared to a company's financial performance. Update: Both Subscriber numbers and costs are really important but they should be within previously advised guidance.
    Last edited by tqtq; 09-09-2020 at 11:13 AM. Reason: update

  5. #4715
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    I've put in order for $10k @ $0.165 there seems to be a large wall of sell orders vs buy orders today.

  6. #4716
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    Quote Originally Posted by tqtq View Post
    The SKT SP needs all the help it can get given that sentiment is against it. It's going to be retail investors interest in Sky that pushes the stock up IMO. And they're only going to get onboard if the SP moves up. Sky has already stated that they've met guidance, so there's not too many unknowns. Subscriber numbers and costs whilst important is not big news compared to a company's financial performance. Update: Both Subscriber numbers and costs are really important but they should be within previously advised guidance.
    Its going to be SP upgrades that push the stock up not retail. Sentiment is a byproduct of opinion which isn't factual. Once facts are in it will be upgraded and institutional investors will be the ones that push this stock up to 30c+ where it should be & it'll take a few weeks to get there.

  7. #4717
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    Quote Originally Posted by Chuckles View Post
    I've put in order for $10k @ $0.165 there seems to be a large wall of sell orders vs buy orders today.
    Good work man!

  8. #4718
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    Quote Originally Posted by dompf View Post
    Its going to be SP upgrades that push the stock up not retail. Sentiment is a byproduct of opinion which isn't factual. Once facts are in it will be upgraded and institutional investors will be the ones that push this stock up to 30c+ where it should be & it'll take a few weeks to get there.
    Usually that's the case. But its not the mindset of the Sharesies / Robin Hood crowd who are the ones that are really moving stock prices at the moment. They run entirely on sentiment.

  9. #4719
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    Quote Originally Posted by Chuckles View Post
    I've put in order for $10k @ $0.165 there seems to be a large wall of sell orders vs buy orders today.
    Just put an order in for 90000 at .167. See how long it takes to go through.

  10. #4720
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    Quote Originally Posted by tqtq View Post
    Usually that's the case. But its not the mindset of the Sharesies / Robin Hood crowd who are the ones that are really moving stock prices at the moment. They run entirely on sentiment.
    Definitely a new world out there!~ makes it more interesting thats for sure.

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