Redt Energy Share Discussion Threads

[shrewdmole] 25/10/2016 10:12

what will be interesting is what is reported from the company.

I cant see scott announcing every order because I suspect there are orders for gen2 going through now, but larger scale deals maybe rns'd.

we only need to be making £10m pa with a high growth stock p/e of 20 and its an share price of circa 45p.

I think that's very cautious.

sm

[matt123d] 25/10/2016 10:11

Ignore charts at your peril in these modern markets. Majority of electronic orders are automated and chart based now, entries based on price in relation to moving averages and volume weighted averages among many other criteria.

[bobby.ifa] 25/10/2016 10:09

I'm taking the dogs, too much this & my nose is stuck to the screen!

[dogrunner11] 25/10/2016 10:05

News due will make resistance irrelevant IMO, or more risky for the investor, we will always have traders.

Steady as she goes!

[iglenn] 25/10/2016 10:03

Anyway....all rather moot. Let's enjoy this movement as the majority of posters on this board richly deserve this.

[iglenn] 25/10/2016 09:59

Very true last part of your post Pierre. But herd mentality is actually predictable. There are whole book sections dedicated to understanding herds and the predictability of crowd. It's not about the known....it's the unknown that does in fact become predictable....where crowds and herds are concerned. Fear and greed are quite easily read.....it's knowing when the limits are hit that's the trick. Traders fail because emotion gets involved.

[pierre oreilly] 25/10/2016 09:59

Invest in companies which will make rapidly rising profits and wait.Much easier and reliable than any other technique imv.

[pierre oreilly] 25/10/2016 09:56

No it's not the same at all. Football crowds know when the match kicks off, so crowd behaviour in advance of that is reasonably predictable. Since a future share price is unknown (a market couldn't exist if it were), then there is no datum to work back from.Chartists tend to be traders I suppose, and there are plenty more bust traders than rich ones.Not just my view btw, Nobel winning economists who have researched trading say the same thing.

[iglenn] 25/10/2016 09:54

Carry on relentlessly. I like that Bobby. And up she goes again.

[bobby.ifa] 25/10/2016 09:52

I believe there is very little free stock to trade. Simple Demand & Supply under the Veblen model, at the moment we do not know the equilibrium value & so the price will carry on relentlessly until there is news to endorse the rise or bad news to counter the gains.

[iglenn] 25/10/2016 09:48

lol Pierre. As I say, they are only an added tool. You can predict based on crowd movement. That's how football stadiums are built....watch previous crowd movement to predict future movement. Exactly the same principle.

[pierre oreilly] 25/10/2016 09:46

The market anticipates, so the argument that Chartism is self fulfilling is false. Markets only work if the future is unknown.If past prices accurately predicted future prices, then every chartist would be a billionaire.If you want to make money from charting, then do what the pros do and write books on it.

[spoole5] 25/10/2016 09:45

Still only 70m market cap.

[dr darkstar] 25/10/2016 09:44

There's historic resistance at 23p and a key fib projection at 24 so I think that's the zone where we're off to

[bobby.ifa] 25/10/2016 09:44

Its a Ciabatta graph, keeps rising!

[iglenn] 25/10/2016 09:43

To be honest, charts are often rather irrelevant on aim but they can be used as an extra tool in the investors box. For instance the chart indicated a breakout of pattern 2 days ago and this share is doing exactly that now. It's always satisfying to see share price actually react as the chart predicts.

[dr darkstar] 25/10/2016 09:42

Going nicely, not too fast, on decent early volume

[dr darkstar] 25/10/2016 09:40

Yep they're charty things, either prior support(now resistance) or resistance levels of Fibonacci levels all of which have merit since most traders use them they become self fulfilling prophesies

[iglenn] 25/10/2016 09:39

Fibonacci.

[pierre oreilly] 25/10/2016 09:36

What's different about 20p from 17, 19, 25p, 115p etc? I don't understand what these levels are. Is it a chartist thing?

[mrphiljones] 25/10/2016 09:36

This is my station time to do some sightseeing around town before getting back on to finish the journey to the promised land, good luck and take care.....

[matt123d] 25/10/2016 09:32

Looks as though 20p the next level.

[bobby.ifa] 25/10/2016 09:19

..and on & on the train thunders through the night......

[moonshine1] 25/10/2016 09:13

Looks like MMs are aggressively looking for stock.