Avanti Communications Share Discussion Threads

[yorgi] 08/4/2011 14:19

Is it going to move on this time ???

[colva] 08/4/2011 10:51

Im not a TA expert but i think a close above the 20sma would be a good sign

[greyseal] 08/4/2011 09:59

With the share price levelling off a little now, I could quite imagine that some of SC's followers are thinking that it's time to cash in and close their short, which will benefit us long termers

[martin3042] 08/4/2011 09:23

Lets remember that he didn't accidently post misinformation. His boss told him it was wrong and wouldn't allow him to publish it, then he posted it here.

[dunluce] 08/4/2011 08:41

I can only imagine that SC is sitting back having a quiet chortle to himself over the response to his posts.

I disagree with his position and to be honest the below section highlights the nonsense he is putting forward...

'I have been forwarded the following concerning Eurosat .v. Avanti. I cannot or will not check the assertions but, if they are sound, AVN had better watch out:'

If indeed he is still shorting AVN he is basing it on a pure gamble as he states himself ... he cannot or will not check the assertions.

The outcry he has provoked will probably only serve to fuel his ego.

[druinsky] 07/4/2011 23:19

soon 300p imho

[mjames20] 07/4/2011 22:03

Moise, re 5032

SC has already said that he has no idea whether the numbers are correct or not. He is merely posting info given to him by an analyst. I don't think you can start penalising people because the calculations they use to make an argument are subsequently shown to be incorrect especially when the subject of the calculations is quite technical.

[edjge2] 07/4/2011 19:58

Looks like this came back to its base of jan-july. Thought its rocket is going round and round the mulberry tree instead of whizz bang. What would happen here if its next launch is a whizzbanger?
Some no news drift!

[moise] 07/4/2011 13:00

mjames, yes, I agree with you on 'sell' notes. But if, as some have suggested, SC is in error with some of the figures he is quoting, whether willfully or accidentally, then is this not at the least causing incorrect rumours to be spread about a company, thus losing value for it and it's shareholders? Particularly when he is a person whose opinion is likely to be heeded?

Imagine if I wanted to short ABC Ltd. and stated that they are £100m in debt when in fact they were really only £10m in the red, is this not wrong, even on the 'net where governance may be slacker? Perhaps I am doing the man an injustice but there must be some rule against putting out less than factual information.

[mjames20] 07/4/2011 12:44

moise

"However, being entitled to one's opinion is rather different from spreading false, selective or unsubstantiated rumours, particularly where personal gain is at issue. Some would interpret this as a form of swindling. Would he get away with it in print media where libel laws seem to be more binding?"

Get some perspective here. SC has executed a successful trade. Well done to him. Why all the attacks? They are unfounded, not necessary and clog up the thread.

SC has merely been advised by an analyst whose opinion he clearly repects that AVN is a short. He has traded on the basis of a tip without doing any detailed research and his only opinion is that "on the balance of probabilities" his tipster is more likely to be right than wrong.

As for libel, are you suggesting that Analysts shouldn't publish "Sell" notes? My view is that we get far too few sell notes and they should be encouraged.

[estienne] 07/4/2011 12:23

leluot2,

The directors didn't shares at the begining of the year, they sold a large quantity. It is true that they have been buying back, but at much lower prices than at which they sold and the haven't brought anywhere near the quantity that they sold.

Regards
Estienne

[geheimnis2] 07/4/2011 11:02

leluot

have you sold out of avn?

[leluot2] 07/4/2011 11:01

Whatever the truth, this has been one of the stangest movements of share price even by AIM standards!

Every man and his dog - well one dog excepted - made this a strong buy at the beginning of the year. Even the Directors bought - commercial services started - and STILL there is no real confidence here.

Time will tell. once bitten twice shy - I hope AVN recovers, but its not for me after the last three months of shocks and disappointments.

That should be the signal for a quick rise in the sp!!

[moise] 07/4/2011 10:32

However, being entitled to one's opinion is rather different from spreading false, selective or unsubstantiated rumours, particularly where personal gain is at issue. Some would interpret this as a form of swindling. Would he get away with it in print media where libel laws seem to be more binding?

[jimbo55] 07/4/2011 09:07

Gents, agree that restassured's comments are becoming a tad extreme. SC is entitled to his own opinion; even if it's not a particularly well informed one. ;)

[blackberrydrop] 07/4/2011 09:03

AVN has been given spectrum and financing by the British, American and French governments. It also provides military and commercial services. Perhaps the power of its friends and certainty expressed by them in Avanti's projects explains why its management doesnt give a stuff what a small time fat crook who doesnt know a satellite from a sausage writes on a bulletin board.

[tday] 06/4/2011 22:09

If AVN is worth £10, value will out eventually (be patient) and if it's only worth £3, I will lose a portion of my wealth but, that's what investing is all about - taking a risk. Some I lose but, more I win - so far.

If Simon Cawkwell, or anybody else for thar matter, wants to short a share, good luck to him/them. Perhaps in this instance, he is right.

Calling SC all manner of names is really rather pathetic. If his reasons for shorting are spurious or inaccurate, the market will make him suffer. His shorting of ASOS (he was shorting it from at least 400p and now it's more than 1700p) didn't do much harm to that share price.

Take advantage of the present situation. Provided you aren't over extended in AVN, maybe it's a great buying opportunity but, be patient. Investing is for the long term, short term gamblimg is for mugs.

[2350220] 06/4/2011 21:26

I agree Jonnib, and I've lost a heck of a lot because of some bloke called Indian Connection, ages ago.
But even then, at the end of the day, I'd have to admit that it all came down to me lacking my own conviction and taking, too big a position and having a lack of discipline.

I just think that we're getting a bit extreme when we start exclaiming happiness at the thought of someone else's demise.

I'd rather just stick to the fantastic open source of info that has been shared among like minded folk on this board, and indeed on the other threads I follow (VGM, OMI etc etc).

All the best,
John W

[jonnib] 06/4/2011 21:00

What about the people who are worrying about paying the bills and stressing about there small investment going down the drain due to someones selfish greed. Im all for making money but by lying and manipulating the truth is really low....

Anyway lets move on

[2350220] 06/4/2011 20:05

Gents,
this is a bit out of order in my opinion.
Sure SC has made some very poor 'wind up' comments, and quite possibly helped to lose me and many others, a bit of their hard earned cash,
but I think that this slagging match is really out of order, especially wishing that someone of an opposite opinion were dead.

John

[restassured] 06/4/2011 19:25

I will only celebrate when I read his name in the obituaries column.

[colva] 06/4/2011 19:09

rest

if its any consolation SC has finally closed his ASOS short - it cost him over 250k