Proactis Share Discussion Threads

[cureboy] 17/3/2021 13:14

There have been big buys at 42p by DBAY and Lombard Odier in the last 4/5 months, so this should be a good entry level. And it's still just about oversold on the daily RSI . Does look like it's due another swing up to the 50p level but I'd like to see it climb above 44p first. It's all gone quiet on the new NED and sale of non core business front.

[coldspring] 17/3/2021 12:10

Some buying evidence again, would be nice to run back up to 50p ish.

[cureboy] 16/3/2021 16:17

I fancy 60p a share by Christmas 2025.

[daveboy19] 14/3/2021 16:52

Never known the guy to be correct on any share price yet.

[cureboy] 14/3/2021 16:46

Zak Mir said 60p by Christmas. Never trust a chartist least of all on a share like this.

[p1nkfish] 13/3/2021 20:37

The chartists will have a field day if it rallies then turns back down to form head and shoulders pattern. The audited results are needed to clear up a few questions. It needs to get to >49p before any downturn.

[cureboy] 13/3/2021 14:43

Needs to rally from oversold. Above 45p next week would be a start. More deals being signed as economy recovers, not every BePayd deal will be reported either as Sykes said.

[cureboy] 09/3/2021 11:58

I only really look at the daily chart as it moves very little it’s not worth looking at lower timescales. It’s in oversold territory on the daily RSI so I’m expecting another rally soon, hopefully the institutions loading up at 40-42p in last few days is a sign. Institutional buying is perhaps the best signal of all at this point, they are privy to key information.

[jimbarlow78] 08/3/2021 10:25

Sorry to spam - I mean its a big buy so I presume it is one with knowledge. Good day!

[jimbarlow78] 08/3/2021 10:24

I added after seeing that buy. Seems an awful large buy with no good info. My guesswork that is.

[jimbarlow78] 08/3/2021 10:23

Hahaha I wish! The one after it.

[coldspring] 08/3/2021 10:20

Was that your 200000 pound buy ?

[jimbarlow78] 08/3/2021 10:18

Had a nibble. GL

[p1nkfish] 07/3/2021 22:40

Not just here but in multiple shares, I see lower prices ahead for a while. Book tidying going on into end of tax year since bounce from lows March 2020.

It was much easier when it was battered low, now its a toss up for a while until they prove growth. There was big upside as it moved sub 20p to high 40's, 2.5x in less than a year. I cant say I see such upside again quickly from 40p taking it to 90p.

The growth narrative has stalled imho.

[cureboy] 07/3/2021 20:39

14:18pm - price was 39.10p - 200k buy at 40p took the price up to 40.50. Looks like they tried to conceal it, wasn’t posted. Make no mistake though, ii’s are hoovering up any weak pi sellers and this can only be positive.

[mrshaungcm] 07/3/2021 20:06

look at the trades - its there now

[coldspring] 07/3/2021 20:04

How do you know that cure? Not being sarcastic it's a genuine query.

[cureboy] 07/3/2021 13:04

200k buy yet to be printed from Friday. Happened shortly after price was dragged down disproportionally on 2/3 pi sells. Mates rates and hopefully the last of them.

[p1nkfish] 05/3/2021 20:39

More to this than just Proactis and it can spill-over into the UK markets. When enough people get jumpy its hard to predict when a sell-off will pick up steam or for how long.

Not so much a crash like last time but good chance of a decent correction over a few weeks, starting recently, PHD will feel it.

[cureboy] 05/3/2021 16:16

There you go, the sells are snapped up on the cheap.

[cureboy] 05/3/2021 15:09

Very easily manipulated on low volume, you see it with sells way below the bid. I wouldn't read too much into these swings based on no news. Designed to spook a few pi's into selling. The institutions will mop up no doubt. I didn't see it dropping below 41p before rebounding. I think it will rebound, we're in oversold territory. It may stay oversold for two or three weeks but it won't stay there for too long.

[p1nkfish] 05/3/2021 13:58

When we see audited results we get to see what's what.

News alone won't help much at this point as it will need to show up in some results. I think we are past being news driven.

[coldspring] 05/3/2021 12:48

At this post cureboy you are burying your head in the sand. This is more than a tree shake, there is something very wrong. The turn around strategy is showing very little and they have had time.