PPH - PushPay (Church/donor software.)

[sb9]

Is today the day they come out with the next set of exciting numbers to put a rocket under the share price

Give it another 24 hours...

[winner69]

Give it another 24 hours...

Bugger - excitement getting to me

Does this outfit 'leak information'

[MikeE]

Agree - fairly excited! What is everyones 'gut' feel? Like you say winner69, you'd think there'd be a slow rally up on leaked information in the week before lol... Today should be telling

[sb9]

Hmmm...up 7% so far or 13c, hope tomorrow is not going to be a fizzer. Must have some FAITH!!!

[Beagle]

Bugger - excitement getting to me

Does this outfit 'leak information'

Judging by the share price action today someone knows something already and is acting on it.

[ben28]

low volumes. From every buyer there is a seller , so may be the sellers know something also.
I think the price rise is driven by those that feel the must have the stock for the 12th. The sellers are happy to hold but at the higher price they are happy to take the money .
Whats the saying, 'buy the rumour, sell the fact'?
Even if its another expected result , is the company worth 500m at present?
I guess all will be revealed in the next few days

[winner69]

Wish the share price chart go up as steeply as the pretty charts in the Push presentations.

[Hoop]

low volumes. From every buyer there is a seller , so may be the sellers know something also.
I think the price rise is driven by those that feel the must have the stock for the 12th. The sellers are happy to hold but at the higher price they are happy to take the money .
Whats the saying, 'buy the rumour, sell the fact'?
Even if its another expected result , is the company worth 500m at present?
I guess all will be revealed in the next few days

Hmmm...Momentum people may disagree....Looking chartwise the recent price fall was due to PPH stocks being illiquid with a very few sellers but even less buyers.
This stock has shown a lack of investor interest for 6 weeks so a lack of momentum causes the price to weaken..

Many sellers are small time investors with lazy portfolios and do not actively monitor their portfolios during each day as they have better things to do..so when an unexpected increase in buyer volume occurs (as we see today) with an illiquid stock the sellers get cleaned out and the price gaps up...When this happens, and listen carefully you can hear the lazy sellers saying bugger..bugger..bugger. .

The depth resistances are small fish at the moment so if buyers keep up this rekindled interest in PPH it could race on through all its resistances and break quickly through the $2 area.

Illiquidity is a 2 edged sword as the same applies in reverse..Large purchases of Illiquid shares should be bought with a clear understanding...When a disappointing announcement occurs they can be very difficult to off load as the price races down breaking supports as it goes...The caught investor is then faced with what number is their hair cut..

All to do with acceptability of risk v reward as measured by price patterns and Beta coefficients..

Disc: Hold

[Pricey]

Crystal ball gazing: 6942 Merchants, $596 ARPM, $49m ACMR.
Crystal ball gazing after a couple of drinks: 7003 Merchants, $607 ARPM, $51m ACMR.
Crystal ball gazing with the help of god: ?????

[Blondie]

Hey Winner, Winner..........will we be chicken dinner today??

Only 4 hours and 52 mins to wait now!!!

Disc: also hold PPH!!

Blondie