Blue Prism Share Discussion Threads

[danvandan] 21/9/2021 18:23

British Bulls are unequivocal in their advice yesterday/today (update is now due on today's trading). No 'cup and handle' hazl; apparently it's a 'bearish descending hawk'! BBulls says this of PRSM:

Signal Update
Our system’s recommendation today is to SELL. The BEARISH DESCENDING HAWK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1,164.0000, and our valid average selling price stands now at 1,154.3200. The previous BUY signal was issued on 16/09/2021, 4 days ago, when the stock price was 1,169.6400. Since then PRSM.L has fallen by -1.31%.Market

Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.

So that's a chartist view, but we all know that environmental context is important too, and this will turn instantly if the 'bid' comes true - I am bid-sceptical, as you know but will be delighted if it turns out to be genuine. Today's volume is low again and the price action suggests that some of the hot money is now leaking out. Systematica continues to stand firm on its short at 0.87%. GLA.

[danvandan] 20/9/2021 23:17

Everyone holding their breath here? Looks like British Bulls' signal generator got it right for a change, at least for today. The price balloon is deflating due to a lack of fuel or even hot air from bidders (could it really just all be hot air?). But this might be the week - TPG and Vista have until next Tuesday as the deadline to put-up or shut-up. If it goes down to the wire (ie Monday/Tuesday next week), the share price here will be under some real pressure this week.

I am very slightly puzzled by Systematica's apparent refusal to budge any further from its short; if a bid comes, that position alone will blast the share price higher as they scramble to exit. Today's drop must be helping the hedgie though. I wonder if they know something.

Anyway, I continue to scour the horizon for Frank Quattrone and his Silicone Valley posse and am checking for RNSs in the hope that I can catch the tail end of the action. GL prismers.

[hazl] 17/9/2021 08:17

I like SBDS 5shar.

[5shar] 17/9/2021 08:01

@hazl no position in #FXPO but if you or anybody who likes FXPO look at 282s area to buy

[5shar] 17/9/2021 07:59

Also other equities I like #BP #GLEN #RR #CAPD #CNE Dyor BTW hold stakes in all mentioned apart from RRPartners don't agree due to #RR being involved in products that kill

[5shar] 17/9/2021 07:51

@Hazl 4hr is bullish the daily is more bearish bias but which can change by end of Tuesday the weekly is looking a little tired pertinent to mention due 2 the situation patterns can change very quickly judging by price yday gains were solid heading towards 1220 were we will likely get see-saw range 1180-1220 next range 1220-1266

[hazl] 17/9/2021 07:10

Cup and handle?

[5shar] 17/9/2021 04:36

MSFT has a mkt cap of $2.3trillion and Hugh reserves of cash they already are leaders in software technologies and easily can invest $1billion for R/D on there own the bog 3 have no chance or hope to take on MSFT in the next few yrs has they are just entering this sector..personally I think UIPATH should take both PRSM and Automation both can be taken for $7billion better to pay that and become a giant than slowly but surely gradually lose mkt share and share price would very quickly unravel leaving it worth about $5billion but acquisition of AUTO and PRSM would take it towards $50billion with outlook looking bright and being a huge company only way to stay relevant long term in this sector

[5shar] 17/9/2021 04:23

If major investors in UIPATH knew that PRSM has NHS Telefonica many financial institutions eBay DWP just some of there clients especially with MSFT sniffing around and their war chest it would be a stupid decision not to take PRSM and their technologies for a 1/10th of UIPATH mkt cap it would also give UIPATH more money for R/D increasing size of company huge client base whilst new clients could have more options has to what suits their needs without this only a matter of time before MSFT with huge cash flow could invest in R_D and be unstoppable this gives UIPATH a chance of remaining a force due to competition rules and grows particularly important are UK clients NHS DWP EBAY and they hv Amazon etc together they can be a major force event if they pay 3000 per share the value of UIPATH would increase very quickly has it gives security that with PRSM takeover they hv become very big and have lots of different packages 2 offer MKT cap would increase far more than what they would pay and very quickly despite UIPATH being far larger in MKT CAP than PRSM there products are not has good for most so it makes perfect sense to take PRSM..If they don't no doubt they will kick themselves going forward

[5shar] 17/9/2021 04:08

Wouldn't be surprised if UIPATH Automation PEGASYSTEMS didn't get in has they would really benefit from PRSM clients and technologies especially with MSFT moving in UIPATH can easily pay 2500 and become really influential in this sector

[5shar] 17/9/2021 04:04

I posted a few weeks before PRSM went ballistic that weekly MACD was about to golden Cross despite the weakness and continued downside it was extremely bullish curve at a very low lvl we hv gained upto 40% before pullback interesting daily timeframe MACD has got a death cross but yday we had strength what is also pertinent is 4hr MACD is about to make a golden Cross if it crosses and continues divergence 4 a couple of days the daily timeframe MACD death cross can converge nullifying death cross with neutral pattern which can lead to divergence bullish weekly is looking tired needs impetus ..we need to take 1260s out before 1350 many possibilities depending on news

[mccore] 16/9/2021 17:31

LOL ... definitely not an anxious time for longs! This has been pretty solid since deal news broke.

[danvandan] 16/9/2021 16:50

I reckon your alternative is coming true blueforce. If it were a pump and dump, the dumping would be in full flow by now and on today's evidence, it ain't happening. Let's hope it at least holds at this level. Whilst I couldn't short this, I could consider being long... Only cloud on the horizon is the potential fall-out if/when TPG or Vista walk away. I continue to watch with interest.

Systematica STILL holding firm on its 0.87% short. An anxious time for shorts AND longs. GLA.

[blueforce] 15/9/2021 13:46

DVD

"Hold onto your hats. The people in the car behind have started singing, 'here we go, here we go, here we go...'"

Or maybe the optimists will be singing Sweet Caroline.

[mccore] 14/9/2021 16:22

So if it's a pump & dump DanVanDan - who do you think is behind it?

[danvandan] 14/9/2021 15:52

Considering that you only post on average two and a half times a year, I'm taking that as a strong comment. lol.

I agree about value, but that 'long-term value' might turn out to be a very low value. What is concentrating the minds of people here now is not the long-term though. It's the fact that volume is picking up after a quiet day yesterday, and the roller-coaster is now gathering speed downhill!

Hold onto your hats. The people in the car behind have started singing, 'here we go, here we go, here we go...'

Who doesn't love a good pump and dump?

[jias] 14/9/2021 14:23

Don’t lose sight of the fact that blue prism has long term value.

[sunnysideup1] 14/9/2021 14:08

too late. I panicked and took profits!!!!

[danvandan] 14/9/2021 10:30

Oh dear! The chart is beginning to look like a roller-coaster ride and anyone long here is now at the top of the hill, looking down at a precipitous descent! The lack of news is deafening; that is what is causing the breakdown in confidence and consequently we are just moments away from that point where everyone tries to elbow their way through the exit in an unseemly charge out of the door.

Systematica may have been right to not close its short. But now that fund manager is also kicking themselves for covering 0.13% in the first place and just maybe they are thinking of putting it back on again.

Longs here will rightly say, DON'T PANIC, DON'T PANIC, and HOLD THE LINE!!! But people are careful with their money and will be nervously cutting their exposure. What is needed is genuine NEWS! Where is Frank Quattrone and why hasn't he ridden into town on his white horse with both guns blazing and a posse of Silicon Valley backers, bankers and 'visionary' entrepreneurs behind him?

Of course, the big question is; is this worth a short? Wow! I'm really not so sure about that. ANY news will cause a spike. I will sit this one out for now, I think. Good luck optimists. You may yet be proven right, but the next few hours, and perhaps days, look a bit uncomfortable from up here on the ominously quiet roller-coaster. Any moment now, the screaming could start.

[5shar] 14/9/2021 09:22

Looks like takeover unlikely has price would be rising not falling ..also technically it failed the 200sma range is 1100/1200 until news..issue could be vista and tpg hv made a profit could be offloading them say no further interest and we go bk to 1000 sold most at 1220s avg was 900 last entry was 1161 from profits of overall trade so no real stress if it happens great if not tough..but its worth a shout

[m w] 14/9/2021 07:56

ArcherOak Holdings, LLC long on 1,103,558 shares 1.139%

[hazl] 12/9/2021 13:05

Great find bluepeter1.