Gvc Share Discussion Threads

[velod] 13/4/2017 15:03

Thanks, I did not know that :)

[srpactive] 13/4/2017 14:43

Handle forming on the cup, velod.

[velod] 13/4/2017 13:09

Yes thanks, I know, and although it's not out of XD until 12th May I still "feel" mid April is almost half way there as I'm holding the opinion that the end of April will see the share price out of the worst of this drop by then. Have even greater expectations for May.

[srpactive] 13/4/2017 12:57

Velod

xd date was the 30 March, TS 24 April.

[velod] 13/4/2017 08:03

Added again first thing this morning.

[velod] 12/4/2017 18:41

Well put Mnomis. I applaud your sentiments and long may they continue to be so.

. . . Tonight's close has done enough to show the days of retracing to the lower 700p's are truly behind it. That 709p support has been replaced with a 718p support; so that's more like it! Everything is still on course for getting this sub back up to the surface.

. . . Just pumped in today's Hi's, Low's, Close, etc., etc., and it's still game on! The party's still in full swing in the candlestick dormitory too. Just have tomorrow's Open to factor in, but I've already tried a combo of likely worst case scenarios for :am opening tomorrow and it's still all good regardless.

. . . I feel fully confident in saying (who wouldn't at nearing the halfway stage of XD period?) this baby is on its way, coming up to the surface for air!

. . . (The surface being the close before XD-day 744p).

[mnomis] 12/4/2017 17:34

I am in a beautiful place where I have found emotional contentment on the share price and am indifferent on where the price goes (in the short term). I would like to buy more, so would be happy for a buying opportunity, but have enough invested that I cannot be upset by a rally either ...

[velod] 12/4/2017 13:44

Popper Joe: Hee hee & thanks - eBay - Was that you asking about eBay the other day? Forgot to return and reply to it. Can do so now. Haven’t sold either as a business or as an individual on eBay for what must be 8 years or so now. Was quite an active business seller on eBay before that, though. However, I do buy from eBay on a very regular basis - for reselling offline. All my mail order customers are just that, and order from the details on my business cards. Just a one-man business workload. Gone are the days where I employed several staff in a previous business venture (a failed business - don’t ask) I really should consider getting back on eBay but truth be told, I just can’t be Rrsd. I’ve come to the conclusion that I’m no natural born entrepreneur.

. . . It’s not that Resistance and Support are relevant per se - it’s that every investor should make an attempt for at least a feel for where the bottom/top may be in any reasonable medium time frame - culled from observation of reviewing your portfolios. You don’t need TA for that. And you don’t need to be right or spot on - just good enough, to be in the general area. Then the question of where should I buy/ when should I sell, holds less anxiety. If holding for ultra long term then you don't need them at all.

. . . Bear in mind technicals are only ever ’right’ at most about 80% of the time. I accept those odds as good enough. For instance not a thing in the world can tell the computer that a share will be Ex Dividend day tomorrow or that tomorrow an RNS profit warning will surface out of the blue. It doesn't know. It’s laughable when you see them go crazy screeching into reverse at high speed when hit with those, compared to their indications beforehand. Short term traders such as day traders have been judged to fail losing all their stake money at a rate of 99% and only 1% ever makes a living at it because all they know are the technicals and nothing about the company. Is it any wonder? Investment has then become gambling. And as the owner of this site says in one of his books - treat the market like a casino and it'll treat you like a gambler.

. . . Just after Mid day-ish as I post and the share price appears to be struggling having a job and a half to digest that 728p resistance level. Indigestion from that greedy spike-up yesterday no doubt. Worse case scenario - if it closes absolutely no lower than 720p then all is still good in my book.

[sogoesit] 12/4/2017 10:52

@srpactive - yes, that "Robot" investment seems crazy to me. Watch for new "mis-selling" scandals in my view. Wonder how they can be sued?

Also the more people there are that follow a new idea the less arbitrage there is. Always be aware, cynical... and contrarian imv.

[srpactive] 12/4/2017 09:43

I read a headline the other day that companies are using
computers to pick stocks not people, so they will be putting the
resistance and support data in the system, the more that do the more
relevant it becomes. Like Warren Buffet the more that follow
his buying the higher the share price goes, etc etc.

[popper joe] 12/4/2017 09:09

Velod, I know virtually nothing about charting, but enjoy reading your posts. On the basis that past performance is not necessarily an indicator of future performance, I struggle to understand why resistance points are given such credence. (Perhaps you could enlighten us at some point). But despite a few barbed comments flying your way, you do seem to have made a number of good calls re price direction, highs and lows. Are your eBay listings as entertaining?

[srpactive] 12/4/2017 09:00

Mylands

When we bought in very low ( 2006/7 ), I always said to you 900p
was a target and that was where we were in ( 2005 ). Ten years on and
we are approaching that target rapidly imho, dyor.

[velod] 12/4/2017 08:44

What I mean is that a drop from 719p to say 715p/714p area would feel "reasoned". But it's coming out as no support between 719p and 709p which was well weird to me. So all of a sudden 10p felt huge.

[mylands] 12/4/2017 08:31

velod

Thanks for the explanation, though 10p doesn't seem that large to me on an share price of over 700p. Still, what do I know about charting? The answer is Zero.

[velod] 12/4/2017 08:29

Mylands a drop from 719p to 709p would feel ruddy well huge to me. Not talking about a fall from 710p to 709p Lol! And yes as pointed out by Kong they're an aide for potential consideration not tablets of stone from Moses.

[king kong dong] 12/4/2017 07:58

mylands....i think the answer is Yes.

Charts definitely have a place and certain aspects do have some logic....such as moving averages and support and resistance points. I would say they are guidance rather than the Holy Grail of trading.

However, many many other factors influence share prices as we all know.

[mylands] 12/4/2017 07:30

Velod, do you REALLY belive this stuff??

I LOL at the final paragraph:

'. . . PS: And should all this be an elaborate trap by bears then there's a huge drop from here and it's not even support at 710p - but worse, it's coming out at as fractionally under that, at just over 709p.'

In your words, a 'huge drop' in the resistance level of just under 1p to 709p! I thought you were going to follow SSW who said it would fall all the way down to below 500p!

[velod] 11/4/2017 20:51

Well, well, well! Where to start with today’s (Tuesday) performance? That 710p support did do its stuff after all! That was it. You’ve just seen the ultimate floor since the full year results were released. Wave goodbye to 710p, because you won’t be seeing it again. You’re on an elevator now and the needle is set to top floor.

. . . And what was all that carry-on about, with the rapid drop to 710.5p in literally seconds before last night’s (Monday) close? I did mention something about doubting the veracity of its accuracy and something about also doubting it would have the legs today. What wasn’t expected was that it would take only a few hours and not days to show the shallowness of the closing Monday night price.

. . . Make no mistake the bears are dead as of tonight (or until the final week of April where they may try a regulation-fear, bear run). Was gob-smacked upon checking the day’s data and saw that it had hit 728p at one point. I just never thought it possible it would take out 2 resistance ceilings and run on only to halt upon the third, today!

. . . Only new good news is worthy of visiting 3 resistance levels in ONE day. Hence the spike couldn't be held. BTW volume was double yesterday's bringing it right up to, and in line with the normal longer term averages.

============

. . . VOLUME CORRECTION!!! (Gone 10pm now well over an hour since originally posting) And just realised that not all data was up to date from the exchanges when I posted the above, as volume is now, not just up to match the longer term averages, but in actual fact approx one third greater than them! So defo backing 728p tomorrow with poss seeing 737p on the cards due to volume increasing by that much over the previous day! - Something's afoot!

=======================

. . . I had 728p on my spreadsheet as the 3rd resistance but just mumbled to myself where do they come up with these formulae, but I ended up being blown away by that spike today. Would have preferred to see a close on 720p or 721p but no higher. 719p has left me umming and ahhing a bit as my junk is asking for more time before committing to the bull run because 719p is a wee bit so-so to them; all except one - Candlesticks - They’ve been in a non-stop party mood since the close.

. . . There’s half-naked, partying candlestick girls, shrieking and running up and down their college dormitory corridor. The music is deafening and the strobe lights are blinding. Japanese Candlesticks are not having any indecision (funny how the day before they were pulling a very dour face, but tonight they’re partying big time).

. . . I’m almost embarrassed to post the possible resistance levels for Wednesday as having trouble believing them.

. . . Got 3 of them. But I don’t know if I dare post the third. Think somewhere between the first and second is possible. The third sounds rubbish.

. . . First resistance is 728p Fair enough.

. . . Second resistance is 737p

. . . - and just struggling to post the third it’s so unbelievable but here goes - I’ll say it quickly and move on - 756p!

. . . I certainly would think 728p is on the cards tomorrow. The rest I’m just looking at disbelievingly.
. . . Which just leaves the question of what to decide as a further top-up point before cold feet set in and rabbit-in-the-headlights-syndrome follows?

=====================

. . . PS: And should all this be an elaborate trap by bears then there's a huge drop from here and it's not even support at 710p - but worse, it's coming out at as fractionally under that, at just over 709p.

. . .There, you've got the lot, resistance, support, belts, braces, and incontinence pants.

[frankiethecabbie] 11/4/2017 19:19

A great article about Kenny

[festario] 11/4/2017 14:30

Some very large quantities being traded this afternoon, one assumes mainly buys, seeing as the price is rising steeply!

[garycook] 11/4/2017 11:49

Nice 2% rise here today.More to come I believe with the Trading Statement,and the Capital markets day.

[srpactive] 11/4/2017 08:56

Mylands

I have these dates,

24.04.17 GVC TS
25.05.17 GVC Capital Markets Day