Avanti Communications Share Discussion Threads

[colva] 26/7/2012 14:29

Here's 5 more Olympic links.

[johncsimpson] 26/7/2012 14:07

Afternoon G2 - Absolutely agree, it's just that when you're attempting to make money by trading each (shall we say) 20% drop (like happened here) is an opportunity. It's all a question of judgement. The other chartist (K - followed by a load of numbers) essentially followed the same tactics as me except that he sold for a slightly better price and then bought back in on the fall - he didn't say what he paid and that's his business but within my terms of reference, that was smart work. For my sins, I'm heavily committed to BPC with an average buy price under 7.8p but it's not responding as my charts predicted. I've averaged down and topped up to get to this position thereby using up a lot of my AVN capital / profits.

I sincerely hope that all those P.Is who are expecting fireworks next week are right and get their reward but I shan't be part of that particular 'cycle'. I'll be looking for a post launch re-tracement followed by another rise as the satellite is tested and comes on line. (And don't forget the price is still below where I sold). But that may not happen and in 10 /20 /30 days time AVN might be 500 / 600+ and BPC -7.

It all changes and sometimes very quickly. FWIW, my three day indicators that I keep mentioning (chartfart - yadda, yadda, yadda) are for AVN on the positive side of neutral and steady. For BPC they're on the negative side of neutral and flipping about like Nadia Comaneci - see what I did there, an Olympic link.

As I've said before , each to his own.

[lazyj] 26/7/2012 13:57

Rocketing post launch?
Get your poster for the launch!



Enjoy.

[geheimnis2] 26/7/2012 12:46

lol yorgi

im coming out in a cold sweat just thinking of the share price rocketing post launch

:-)

[yorgi] 26/7/2012 12:35

Launch fever setting in again :-)

[geheimnis2] 26/7/2012 12:34

johnc - surely best to combine charts with fundamentals (hence a buy from here in my view)?

[jeffian] 26/7/2012 10:24

Why? What are we at the moment?!

8-)

[dolores123] 26/7/2012 08:41

Only 1 week left before we become a substantial satelite company with great growth prospects!!

[peterwaller395] 25/7/2012 19:30

Given my previous post (9622) and the chart from Zak's TA, I asked him for an update today - given the recent price volatility. Hope it reassures and encourages everyone





Given the way that the last update on Avanti was unfortunate enough to catch the tail end of the recent blast to the upside, it may be worth looking at latest charting configuration here. Indeed, what is a standout now is the way that the initial flush out to start this week seems to have cleared the air as far as the bulls being able to enter here again. The likelihood now is that while above initial July resistance / grey 20 day moving average at 364p the stock will once again try and retest the best levels towards 450p over the course of August. The stop loss is ideally just below 360p and does not need to be larger.

[yorgi] 25/7/2012 12:36

A good item well worth the read in my opinion, highlighting the huge market we have and that Hylas 2 will be well placed to win a share of that market.

Looking in the longer term, 6 months plus, AVN is a no brainer........unless of course the internet is about to close !

[yorgi] 25/7/2012 12:23

Thanks for posting that item Aishah I have added a link in the header.

[aishah] 25/7/2012 12:19

Launch of Hylas-2 marks beginning of affordable satellite broadband:

[yorgi] 25/7/2012 10:46

I wish I could share your confidence Dolores :-(

London gridlocked !

[2350220] 25/7/2012 10:45

Err. . . . maybe if Russia, USA, China, Botswana, Tibet and Andorra pull out?

John

[johncsimpson] 25/7/2012 10:41

And England to top the medal charts . . .

edit: I should, of course, have said Great Britain (Team G.B) not England.

[johncsimpson] 25/7/2012 10:38

If you're interested in charts and find them useful here is a screenshot taken earlier this morning. As I've stated elsewhere I'm now out for the moment. IMO the charting case (at this precise moment) isn't strong enough even with next weeks launch of Hylas 2.

If you look back at my post 32 on this thread you'll get the general gist of what is happening without me having to re-explain.(Remember this is only my opinion and is no more valid than those who have been predicting 'an undemanding' 500 -800p post launch).

Another poster on the other thread noted:

Hmm those chart cultists are everywhere.

Always telling us they are on the right side of the trade.

Lol

Re the 'right side of the trade' - I don't think he / she reads the posts too well or if he does, reads what he wants to see, because if he read carefully he will have observed that I (and another chartist) were both out of AVN and had posted this before the price dropped (and also, in my case, a bit before it peaked; so my timing was in fact, a bit out).

OK, I will not claim that the charts predicted the sudden 20% drop or whatever it was, but they predicted enough to make me sell. Nor did or have I bought back in on or since that drop. Each to their own . . .

[dolores123] 25/7/2012 09:51

The Olympics will hopefully increase confidence in the London market next week and give a timely boost to AVN in the build up to the launch. Should be an exciting week all round.

[2350220] 25/7/2012 06:46

Good points JPFD and a great phrase 'expensive arrogance', of which I am guilty to some extent.
But in my case, and I suspect many others' too, it can be as much to do with that famous old trap of 'falling in love with' a company and it's story.
Just wish I had fallen out of love with Vatukoula before it fell off a cliff.

Re the Stop Losses Count, I can't help but feel that the dreadful drop the other day was a classic Tree Shake IMHO.
The only reason I didn't get knocked out of my spread bets, is because I happen to be in from around 280p (collective average) so my stops are way way below there. So I for one certainly don't figure myself as more clever than you . . . just more fortunate on this one occasion.
Hence why I didn't like the slagging off just because you didn't forsee a crazy drop in the share price

John

[johncsimpson] 25/7/2012 00:16

Good posts Count Chris and JPFD - expensive arrogance - I like that.

[restassured] 24/7/2012 22:31

More chartfarting

[jpfd] 24/7/2012 22:23

You only have to look at the charts for junior miners, trading at peanut valuations, to see what a trap fundamentals can be. Chartists would have been out many months ago whilst fundamentalists were crying foul and holding on hoping for better days. Problem is those better days may not return for many juniors due to massive dilution, management incompetence or geopolitical machinations. Sneering at someone else's methodology can be an expensive arrogance.

[count chris] 24/7/2012 21:48

Just a final word on my stop loss as I only get to check these boards at night generally. Divina - I'm not new to shares but I am pretty new to aim and it's a very different beast. I only use stop losses because I'm out working during the day and with Europe as it is you have to protect yourself to some extent. I took a good profit so it's not a disaster but in that I was expecting to stay in this share for years to come I can only conclude I made a mistake. I still have half my holding and will double up if the opportunity comes. Thanks for the comments, advice and support. I only wish the fundamentalists would be nicer to the chartists!

[restassured] 24/7/2012 18:15

More chartfarts. 3 day indicators yadda yadda.

[johncsimpson] 24/7/2012 17:38

Evening everyone,

Hello K108356 - you did extremely well to catch the 61.8 fib (from the 13th July high) yesterday. You also did better than me with your AVN sells as my average was just above 400. Nor have I bought back in to AVN; but a profit is a profit. So more power to you on some really good chart calls.

O/T re AVN but to do with Fibonacci, I mentioned on the other thread that I've been buying BPC – this based on a 61.8 fib retracement from the 20th June high which placed the buy price down in the 8.0p area. But so far, it hasn't come good for me and I'm down about 6%. But I added again yesterday at 7.47.

I've decided to stay out of AVN for now probably until well after the launch so if I do miss a rise from here, so be it. You can't be in everything at exactly the right time and like you said in your post 9674 if you're a trader using chart signals you have to go with them – end of. Also concerning AVN, my 3 'day indicators' are all still in neutral / negative territory and although they're slightly better than yesterday afternoon, despite today's bounce (which faded some), they're still IMO, not very good. The end of day trading pattern was also not good.

AVN has proven to be rather volatile recently but we'll see. Launch now just over a week away and my original target when I started buying again earlier this year at 300ish down to 250ish. was always to sell at 440 or so – probably post launch. AVN just about made that target even if I was out some 10% below. So I have my profit and Selftrade et al have a load of commission etc. But it will only prove to be a really good set of trades if BPC comes good which they'll need to start doing soon or I'll be out and take a loss.