Altitude Share Discussion Threads

[stephen1946] 20/10/2017 10:22

Would'nt be surprised if Lobo has the brass neck to try and blackmail ALT into some sort of pay off.

Lobo went to the same school for CEO's That Ratner went to.

[northwards] 20/10/2017 09:57

Don't know why Lobo is still named on the company website as MD - very odd. Shoddy not to update or legal wrangling on going?

[stephen1946] 20/10/2017 08:18

Velod your predictions are based on the crystal ball you use, hardly financial wisdom?

No allowance is made for even the smallest improvement in USA trade which would throw the figures you suggest in the bin. The problem under Lobo Stewardship has been no news, good or bad, that is about to change.

[velod] 20/10/2017 00:39

A decade or two of tradditional long-term mostly buy and hold divi investing.

Nowadays, combined that with morphing to a more active Trend Follower strategy (aka Momentum investor).

Being doing technicals for years but only added spread betting trading to my armoury since April this year; ostensibly to hedge my holdings (shorting them) against falls like ALT has sufferred when sentiment goes out the window.

My first Short was the FTSE100 on Friday night (EDIT: No, second short, my first was RR) after a pair of Bearish candlestick Tweezer Tops appeared - brill day for profit today, but haven't closed my position yet.

Been long on every spread bet trade since April (apart from the two shorts mentioned above) and can't believe how well I've done - it's made me suspicious. However I have passed the infamous traders "90" test intact.

I'm bearish on ALT for obvious reasons - (longer term bearish trendlines since late Jan)

- Yep, will drop a post on MGP forum tomorrow. G'night.

[velod] 19/10/2017 22:34

Hi BSF,

First off, must say I'm surprised at the very tight movement at all the support and resistance levels for tomorrow. Not surprsing when you consider a full 4.9p movement in any direction results in a 10% movement of the share price (so highly unlikely). Anyone expecting huge movements might be dismissive of what's to follow (I'm used to much larger SP's and therefore much larger disparities in perceived pounds and pence movement).

- Anyway here's what I make the pivot points at (Note: good for Friday only; they expire at 4:35pm tomorrow and new have to be calculated)

- Actual pivot point itself I have coming out at 49.5p

- Here's the interesting bit, both first support and first resistance fit tonight's closing share price like skin-tight lycra, with First support coming out at 48.5p and First resistance (if bullish day instead) at 50p.

- Hardly impressive retrace to 48.5p is it?

- If it's a really bearish day, the worst case scenario (for tomorrow) is 46p (Which I think unlikely as no profit warning type RNS in the air etc).

So 48p CLOSE is my 'balance of probabilities' support level, pivot point for tomorrow.

I know a 1p drop isn't impressive for those expecting Armageddon but it's the pivot points - not plucked out of thin air opinion. Then you have to deal with Monday, so cumulatively, it could start to hurt.

[thebigshortfella] 19/10/2017 20:53

velod - I would be very interested in your guesstimates. Thanks!

[velod] 19/10/2017 20:41

This time, yes - it's gone!

Whether short-term temporary or not, may be open to question but balance of probabilities is that the closing share price tomorrow is odds-on to be down, lower than you're seeing tonight. And if not tomorrow, almost certainly on Monday.

Got some guesstimates based on 24 hour pivot points what that share price might be, if interested.

[bpc10] 19/10/2017 18:39

50p support gone?

[robbnw] 16/10/2017 16:16

stephenI agree with you totally VERY cheap now but as i have always been saying , and I have been consistent , all comes to those that wait This is a time to add to our shareholding not sell . BUT if you cant stand the heat , investors know where to head

[thebigshortfella] 16/10/2017 13:28

northwards - great. Thanks.

[northwards] 16/10/2017 12:15

I believe the Webinar slides should be up fairly soon.

[nw99] 16/10/2017 11:14

Good news coming

[stephen1946] 16/10/2017 10:20

Alt is well served with a leader, MV, who spotted very quickly that Lobo was a destructive force and dealt with the situation summarily.

Nichole Stella is out of the top drawer in her field and will deliver, very quickly, she has proven ability.

A review of the entire business model has taken place and ALT is now extremely cheap.

"Stephen you change with the wind" that's not true, I change, as circumstances change.

At ALT circumstances have changed immeasurably.

[robbnw] 15/10/2017 12:58

Hhdd1 We will see won't we

[robbnw] 15/10/2017 11:14

She will be big Short Have patience Many here haven't and they are better to get out now and talk down another company Leave this one to the real investors Like SCSW editor and his real followersRome wasn't built in a day !

[thebigshortfella] 14/10/2017 22:00

Great - she is going to need to be amazing...

[robbnw] 14/10/2017 20:40

Read her profile and experience

[thebigshortfella] 14/10/2017 18:38

robbnw - why does the US sound superb? Thanks.

[robbnw] 14/10/2017 17:25

I agree with HHDD1 and the bigshortIt isnt relevant whether or not the directors are selling . The key man MV has plenty . All that has happened here is the nervous smaller shareholders have taken fright and have got out . The tree has been shaken and you know what , good riddance .A huge percentage of the stock remains in the same hands as far as I can see , well , well over 50% probably more like 80% plus . Have they sold ?? Nope The new US lady sounds superb .Oh yeee of little faith here .. this stock will get back to £1 and then way above i reckonAs for the rest of the doom and gloomers here , best thing for the rest of us would be for them to sell and go elsewhere

[nw99] 13/10/2017 20:36

Good buying late on

[the patient investor] 13/10/2017 13:45

this is not a stock

this is a tragedy


i was in at 144 (the idiot, me, buys always at the top, and got out at 110ish if i remember)

[hhdd1] 12/10/2017 16:23

your right this is a great stock new broker did a good job pumped the price.
20p is ware its going by xmas for sure.

[soulcatcher] 12/10/2017 14:09

Exhibition business has been trounced by Merchandise World which is the new benchmark show in the industry.....Channl is laughable.

The share price is under probably a lot of key personnel options but no one is buying......