Paypoint Share Discussion Threads

[stevensupertrader] 12/6/2023 14:50

I just checked - the buying ratio has increased to 9:1. - still Low volume - don’t be fool by the sudden drop back .
Likely share price will move back up , if the buying ratio maintain or increases further

[stevensupertrader] 12/6/2023 14:45

Looking at the large buying ratio Ie 6:1. - Paypoint will go to £4.50 at the close . I will monitor the buying and selling ratio and see any change .

[stevensupertrader] 12/6/2023 14:42

T-trader. I never say this was a SELL - I told last week that to sell and buy back at a cheaper price that all .

I like Paypoint very much ( check my tread ) - I say until the result on 6 July - due to Low volume, share price can be manipulated so last week there was a day or two when selling was more than buying and a signal to take profit - however today , share price moves back up due to 6:1. More buying with Low volume and I bought back I sold last Friday . Nice profit for a day work

[t-trader] 12/6/2023 14:35

Price is currently at resistance at 4.44

So will it breakout or tread water?

[stevensupertrader] 12/6/2023 14:34

Low volume able for share price to manipulate easily

[stevensupertrader] 12/6/2023 14:32

Go back and check this counter board thread now share price is moving back due to 6:1 buying today - Low volume those able to move up and up - this able to manipulate

[t-trader] 12/6/2023 14:31

Steve,

For an experienced day trader like yourself for over 40yrs it amazes me that you thought this was a sell?

From a chartist point of view with a rising RSI & MACD this was never a SELL for me not until conditions have reached an overbought signal. Also if I had of sold when you mentioned, this chart is currently a HOLD and does not have a new BUY signal.

But ye what do i know lol

[stevensupertrader] 12/6/2023 14:29

Go check the trade mate - I think was last Thursday !!! Go back and check for yourself .

[stevensupertrader] 12/6/2023 14:26

My online dealing cost is Low Low Low as I trade everyday .
Only those investors with high dealing or trading cost cannot trade in and out like me I like to trade on counters that have no stampduty for your information

[casholaa] 12/6/2023 14:25

Which day?

[stevensupertrader] 12/6/2023 14:23

Yrs mate - i am a day trader .
I don’t just buy one counter or trade one counter .
I am in this manipulating games for over 40 years or 4 decades .

[t-trader] 12/6/2023 14:17

Steve,

You buying/selling shares or spread betting?

Selling at 4.43 and re-buying at 4.30? Taking into account spreads, stamp duty and dealing charges is hardly worth the risk IMO.

Even on a 10k investment thats a 3% profit minus stamp duty and dealing charges. So lets say £250 profit on a 10k investment and then being a master perfectionist at selling exactly at the top and buying exactly at the bottom. Can’t say I’ve seen any of those around unless its down to pure luck!

For me 10k would have to be the minimum trade to make a quick £250 return like that, but as for perfecting tops and bottoms to the exact penny…..well I can honestly say in 25yrs of trading have never managed it.

[mr.oz] 12/6/2023 13:57

What a drip,drip,drip ...

[stevensupertrader] 12/6/2023 13:56

scepticalimvestor Again Low volume with 6:1. more buying than selling .

Don’t forget to Say hello to your wife for me

[stevensupertrader] 12/6/2023 13:51

I am still here - mate . Just move back up today , you started chanting from the rooftop . For your information, I bought back this morning at £4.302 . Nice turnaround , a nice day work if those had followed me last week

[scepticalinvestor] 12/6/2023 12:37

No sign of steven lol

[mr.oz] 10/6/2023 18:19

Why doesn't that surprise everyone ?

[stevensupertrader] 09/6/2023 16:27

Which wife scepticalimvestor! ?
I am single MATE

[stevensupertrader] 09/6/2023 15:27

I just tell that Paypoint started the drip drip drip down - that’s all .
Is up to individual - understand .

[scepticalinvestor] 09/6/2023 14:54

Steven tell your wife i say hi

[t-trader] 09/6/2023 14:39

Steven,

Don’t think people need to be told when to sell, most investors are wise enough to make there own decisions and for the record have no intention of selling.

Decent dividend yield here and plenty of upside going forward. Short term movements up and down are of no interest to me.

[stevensupertrader] 09/6/2023 13:27

Anyone listens to my message half an hour ago to take profit .
Already Paypoint drops to 8 p to £4.36 , I just half hour . If anyone acted when I messaged , you still could sell at £4.43
This will again turn to drip drip down

[stevensupertrader] 09/6/2023 12:52

Today selling more than buying to the tune of 2:1 unlike the last few days .
Time to sell and take profit as Paypoint is heading down - can buy back at a much lower price , likely to see the drip drip drip down due to the Low volumne .

[topvest] 08/6/2023 20:06

A very strong day. It looks like the overhang has cleared through.

[1knocker] 08/6/2023 17:16

Don't be fooled by the 'buy/sell' descriptions. They are just assumptions Mae from the transaction prices. Eg above the mid point = a buy, bellow = a sell. Buys and sells are always broadly in equilibrium. It is true though that if more buys than sells are being recorded, that indicates that the buy price is high in the spread range, suggesting buying pressure.