Gvc Share Discussion Threads

[kop202] 14/12/2016 09:54

Slip... investigated and regulated by whom?It's in numerous country's so in which markets do you see problems

[slipperysidewinder] 14/12/2016 09:47

Break below £6 absolutely Nailed on

[slipperysidewinder] 14/12/2016 09:46

Signs of panic in your posts velod.

[slipperysidewinder] 14/12/2016 09:45

This is the short of the century and i think this will just keep sinking and then ultimately crash on the on the publication of a paysafe paper just like paysafe.

If a GVC entity has conducted any business with any punter gambling from China, they are in Big Big trouble.

[slipperysidewinder] 14/12/2016 09:41

I warned of a research note and was laughed at. When it comez you will all suffer for your stupididity. I am of the belief that GVC will be investigated and regulated like you've never seen before.

Fx now receiving ever extending regylation which has been a hammwr blow to affected companies and now Germany and Australia and France are at it.

Investigation unto the onboarding of clients via special offers that are unfathomable and rarely paid.

Investigation on bonuses of slots bingo and poker.

Spotlight on payment processing of gambling transactions by any person or company that has faccilitated such in any Chinese territory.

Inveatigations underway by Chinese government looking for any gaming company and their executives that have engaged in any gambling activity in ay Chinese teritory.

To top it all, the new point of consumption tax has yet to rear its ugly ahead in the accounts.

The current climate is wretched for GVC. The companies so called strengths have now become the achilies heel.

Nothing last forever.

[kop202] 14/12/2016 09:41

In the absence of any materially bad news imo I think that the shorting is to allow the MM'S and other big players to replenish their gvc inventorys (aka known as the accumulating phase) ready for when gvc good news hits us next year

[velod] 14/12/2016 09:36

Early morning and just counted 7 attempts up to 9:30am by the bears trying to break lower - all failing at exactly 614p. Dare I say that intraday, for the remainder of this morning only, 614p is the floor???

. . . . . PS. Ergo, today's 605p support therefore looking like it will withstand the pressure.

. . . . EDIT: 10:40am And the answer is no at 611p! That's it - let the 605p guard dog off it's leash - See 'em off boy!

. . . EDIT TO THE EDIT :) Mid day and it's 614p! I claim my original post stays intact! Yeah or something like that.

[popper joe] 14/12/2016 09:12

OK, I'm going to show my ignorance here, but I have a question about this whole shorting activity that I just cannot get my head around. On an individual basis I understand the idea that a PI might sell shares that they do not own and then close the position later when the price has hopefully fallen, thereby making a profit. If enough people are doing this, it can become self-fulfilling as the level of selling drives down the share price. Presumably, the closing of all of these short positions will have an opposite effect on the share price and so it can become a scramble for all of the shorters to buy before the price bounces. But what happens when a hedge fund does this on an industrial scale, such as the £6m sale that went through yesterday afternoon? If that trade is ultimately going to be profitable, then am I correct in thinking that it is effectively now a buy order waiting to be filled at a lower level? How can that be fulfilled without driving the price back up?

Also, I read that many of these shorting deals are supported by shares that are loaned-out by institutions for a fee. For the whole exercise to be worthwhile for the shorter, it would seem to be self-defeating for the institution that loans-out the shares. Presumably, the shorter will not have paid as much of a fee as the reduction in value in the shares resulting from their enterprise. For the institution it's a bit like lending your mate your car for £100, only to find when you get it back that he has caused £150 of damage.

Of course, the essence of my questions assume that the £6m sale was a short, when in fact it might have been an institution that simply decided that £6.20 represented good value and it was time to get out. But that raises a whole set of different questions that I won't burden the board with at the moment!!!

[woodhawk] 13/12/2016 20:46

Yes, my money's on this being all over bar the shouting. The fall since September will be seen in retrospect as a massive buying opportunity, imo. Just like the situation a year ago. Personally, I have taken much more advantage of it than I did last time. Clearly, unless we are to remain in a long term downtrend, we will need to take out 770p in the coming months (circa 25% upside from today). I look forward to it and to the special divis throughout 2017, while we await the resumption of regular divis thereafter.

[velod] 13/12/2016 20:09

All indicators are not now, nor have been for some months, a friend towards GVC longs. So it's a lonesome plough to furrow that I post this in opposition to what I see in the technicals.
. . . . . .
Well, I wasn’t being blasé when I posted on Sunday night of 620p being an ultra strong support level - it was. But look what money was involved today by institutions and hedge funds and their algo’s left on auto, to bring it down - not the normal volume today, no. So double the normal? - No, way more than that! Okay then, triple the normal volume then? - No keep going! - Long term and shorter term volumes both come in at 1.4m average daily volume. Remember my posting of weak volume days awhile back of only 0.7m and 0.5m volumes? Well to break that ultra strong triple whammy 620p would take some doing - and it took them more than three and three quarters the normal volume to finish up at 5.3m vol for the day! Over 3.78 times the normal volume!!! Geezus!! Just consider for a moment that there have been only two single days this year of greater volume days than today - in FTSE250 promotion week and before that the worldwide panic flash crash in February. You can see plainly what they're going after - the big one - 600p!!! Just how many sellers are there left? They’re going to need a lot more volume than that to take down 600p!

- And there’s evidence of huge swathes of buyers lying in ambush at that level. Here’s why I say that: Round about just before 2:30pm it hit 609p and immediately a bullish reversal signal popped up. Refreshed my screen from 5 minutes to 1 minute and there it was - almost instantly one of the biggest white candlesticks of the day - all buyers and all driving the price up to 614p, another refresh and it was 616p - all buyers. The volume was about 3.5m by then - which in its own right shocked me - then a bit of a fight back down to 613pish but the bears lost the momentum because in the closing minutes, with the MM’s carrying out the dead and wounded in after hours - there was more substantial buying by the millions in volume!! Driving the price up to where you see it now 617p.

- So where did all those buyers come from? Biding their time that’s where from. So as Woodhawk asks earlier on, at 24200 “Did I just see the bottom?” Quite possibly, yes. However let’s get a damage report. Bridge to engine room - damage report Scotty!?

620p support? - Gone! Busted!

200day ma trendline? - Gone! Busted!

- Fibonnacci 38.2% retracement line of 618p? - Flesh wounds only; not quite dead.

- In my experience Fibonaccis often see a price slip several pence below it and still the price retraces back up, shortly after. It’s not as deadly as breaking longer term trend lines (that 200day ma failure will have upset the institutions greatly). Worst of all though is - all the major longer trend lines of note are all broken. There are no trend lines of note left! All broken and gone. The game now for longs is to shout out when you see the share price coming up to meet one.

Is it a case of when things look bleakest - you’ve already suffered the worst? Also it’s back to near the oversold territory again - but that late afternoon flurry of bargain hunting buyers drove it back up a couple of points. Have the bears got the big money to stampede the herd? I think there are limits to this kind of play, and it’ll cost them to take the big number down. Is it worth it to the bears? You can see what was waiting for the bears this afternoon - there’s even more buyers waiting in ambush at 600p ready to thank the bears for letting them in cheap. So until I see to the contrary with my own eyes - I too think we may just have seen the bottom.

[deadend] 13/12/2016 17:07

Oh Slippery you are in the brown stuff now!

[woodhawk] 13/12/2016 16:50

I haven't got the will to try and interpret your illiterate drivel, so please don't be offended I've filtered you (like Slippery).

[woodhawk] 13/12/2016 16:41

You've been listening to that Slipperysidewinder again, haven't you, T 34?

[slipperysidewinder] 13/12/2016 16:40

Some really big sells last couple of days. Wouldnt touch with barge pole st the moment.

No sign of short positions unravelling.

[t 34] 13/12/2016 16:35

No. I think similar dodgy research note might be in the pipeline , discrediting gvc.

[woodhawk] 13/12/2016 16:15

I think the fall here is pretty much over now, bar maybe a few pence. Was that the bottom just now? I've got a few bob in hand just in case it hits 600p but I'm not betting on it!

If previous chart action is mirrored, I reckon there's a whopping great spike up coming along shortly.

[slipperysidewinder] 13/12/2016 16:04

Morph

Wrll there not bouncing here. Steady drop into the abyss since end of June.

[slipperysidewinder] 13/12/2016 16:02

So what are you saying T 34??
You think some of GVC businesses are taking bets from China?

[t 34] 13/12/2016 15:23

Paysafe has been hit by research note by Spotlight Re. today. Paysafe facilitates payments for gambling companies - Bet365 which in turn (according to the note ) created special website for Chinese players avoiding China capital control , which is illegal . Paysafe denies all accusations but research note has been published. This might have influenced the share price today.

[srpactive] 13/12/2016 15:08

Woodhawk

My few have crossed the 50dma to the upside,

dyor

regards

active

[morph7] 13/12/2016 14:46

Slippery makes numerous posts. Shares bounce! Simple as that

[srpactive] 13/12/2016 14:41

Yes, similar with mine too.