Sopheon Share Discussion Threads

[big7ime] 12/11/2018 09:18

Why was bb expecting a pullback again?

[cfro] 12/11/2018 09:08

As i said, quite a few of us, including me, hoping for a pull-back here to top-up but not happening...

[ileeman] 12/11/2018 08:36

Market makers not letting me buy this morning.

Another move higher incoming. Amazing strength no suprise of such a large multi month resistance break.

[sbs] 12/11/2018 07:13

Yes - last time I looked $4Bn counted as a small cap.

[mattboxy] 11/11/2018 17:37

Thanks sbs looks like they need to grow a bit more first I'm in biotech myself and whilst the us is the place to raise funds again they won't look at investing unless you are either 100m mcap or in the clinic with a potential drugLet's hope we can 10 bag dual list and then start the serious growth?

[sbs] 11/11/2018 08:28

I tried a dual posting some years back in my last company. All the liquidity stayed in London. Anything under $1Bn is too small to register on US investors, and almost all the trading is in the top few shares.

[ileeman] 09/11/2018 11:25

No pullback yet showing great strength. Would like a pullback as see it is another chance to increase position before a big swing north.

[mattboxy] 09/11/2018 10:58

I would imagine it's a cost thing as dual listing can be expensive. Spe is still a relatively small Co but now it's breached the £100m mcap maybe it will consider dual listing as more funds are interested and allowed to buy. ie couldn't buy sub £100m companies due to fund rules etc

[aimingupward2] 09/11/2018 10:53

Possibly because it was just too small at the time it listed. However, if it continues to grow strongly ......... ! Now there’s a prospect!

[toptrump1] 09/11/2018 10:46

Thanks trinko
Anyone know why this doesn’t have a US listing?

[aimingupward2] 09/11/2018 10:34

Yes, known news is, and some hope and anticipation perhaps, but not the unexpected.

There’s not much built into SPE’s share price yet in the way of anticipation of where the business will be in 18 months time.

[allstar4eva] 09/11/2018 10:33

Big - if we were all sitting in a pub would you be so rude or is this just anonymous internet bravado? I'm not sure what sort of pleasure you gain from being unnecessarily rude?

[trinko] 09/11/2018 10:32

Nowhere else toptrump

[toptrump1] 09/11/2018 10:30

Holding up remarkably well considering the rise on the week on no news

12.70 here we come then next week, ;)

Can anyone answer me on if this share is traded solely on AIM/LSE and not US, NEX ?

[investopia] 09/11/2018 10:27

Nine times out of ten news is already in the price

[big7ime] 09/11/2018 10:27

Exactly a2 and overanalysis in order to make his £20 last week meant he missed out on 2 grand this week, whoops.

[aimingupward2] 09/11/2018 10:18

A weakness in all of this detailed (very) near term analysis is the vulnerability of it being suddenly overturned by ‘news’.

[techtrader5] 09/11/2018 10:10

Ahh, I read that as being today the turn rather than yesterday. So what you are saying is that if the price is down at close today, yesterday was the turn date and trend would be down so continue to 1030 potentially
Doesn’t look that way at present, price is holding

[bamboo2] 09/11/2018 09:50

tech, I use charts on the daily scale, rather than intraday, therefore eod closing prices are what I take to decide on the trend.

Closing prices are also used to decide whether a price has fulfilled a potential turn, so we won't know until 4.35pm today if yesterdays turn has materialised or not.

It is worth reading Bulkowski's site on apexes. He has done the stats and backtested the work done by Pretchter & co.

[toptrump1] 09/11/2018 09:50

Is SPE traded on any other exchange?

[davr0s] 09/11/2018 09:43

BS - if you read works like van Tharp that take you through the maths and statistics of trading it is proven that the biggest aspect of being a successful trader is not win rate but the relative size of winners to losers. The very best traders on this planet struggle to maintain >50% win rate, they make very good returns with 40% rate because they minimise losers and maximise winners. Anyone claiming to be consistently achieving >>50% is making it up

[big7ime] 09/11/2018 09:41

Oh deary me


Looks like you were wrong again.

[techtrader5] 09/11/2018 09:37

Thank you bb2. When you say watch prior trend, what do you mean exactly? E.g If it’s down, will it turn up and vice versa or if trend is down today will it continue down on the turn date?
Sorry to be a pain, it’s just that I can read your post and interpret it differently

Thanks

[bamboo2] 09/11/2018 09:13

Mr Leeman has the right idea imv.

jane sorry about ACSO. Next potential turn there after today's is 13/11/2018

tech, tp approx 1270 is based on the INVH&S. Neckline in green.
h support at approx 1030

A retrace to approx 38% line would give us a two stage flagpole [Bulkowski's half-staff concept] with a similar tp to that of the INVH&S.

Next potential turn 12/11/2018. Watch prior trend for likely direction.

[techtrader5] 09/11/2018 09:02

That’s what I was thinking iL thank you.