Stm Share Discussion Threads

[smithie6] 01/10/2015 23:12

(At some time the share price rise will stop....if no new news....and share price will be flat...and go horizontal over x weeks....causing it to break the up trend line....you say you will sell....I wont.....it will be irrelevant imho

Unless...you know another good share to buy which is about to double like STM has....but in this mkt that is difficult/impossible to find imo.....if find one then you could leapfrog...

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Charts for Globo , Blur...charts would have said buy on way up..but you would have lost money in subsequent fast share price falls

& Globo accounts are perhaps false....if so...again charts cant save holders...

Some shares open up minus 20-50%....and chart followers lose money..
Imho important to look at the accounts etc..

[smithie6] 01/10/2015 23:03

Pete

..just dont get hung up on charts....imho ...especially for small caps....with 3 trades per day.


There is no 'the market knows'.....since the market doesnt really know that STM exists.....
Very different than say BT with 100 analysts studying it....and massive volume....


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On MOS msg board....I took mickey out of Sammie25.....since he kept on about charts saying it would hit a price of X due to Elloitt waves.....

Idiot...

He turned out to be wrong....and poorer...

Imho ..chart can give info for small caps but fundamentals rule......( which are +ve for STM)

[petersinthemarket] 01/10/2015 20:31

Smithie - no disrespect mate, but are you permanently out of breath - could you pls stop running for long enough to write in continuous English.

I don't mind in the least if you disagree with me. We all do this stuff in our own different ways. I personally believe that everything known in the market is in the chart. As the market is forward looking (some claim 6 to 9 months forward) I actually believe that there is some small element of the future built into the chart. Ok, some say it's only history and cannot foretell the future, but I have a very strong belief in ''the trend is your friend''. I look for stocks with particular trend patterns. There are countless examples of a trend continuing, well, until it finally doesn't.

For me, the trick, if you can play it, is to get in on a chart trend as early as possible and then to follow it until something appears to change. This is what I am doing with stm and others and will continue to do until I judge that something important is changing. It may be nothing substantial, it may only be market sentiment, but I never ever argue with the market. There would only be one winner in that.

If it continues to hold or bounce upwards, I will ride it. When it falls through the lower trend line I will consider a sale.

You cannot claim to make money at this until you bank some of it.
best wishes to all holders, pete

[smithie6] 01/10/2015 16:33

Peters


Small caps...

Imho you are wrong if sell if breaks down below trend line..

It will do that.....almost impossible to continue till next results at this tend line rising price...

( imho ...if its a good share or not...& continue to hold or not ..decide with next results....and any RNSs....not from the chart..)

[macarre] 01/10/2015 12:39

Buyers coming back now I believe. Still a holder.

[petersinthemarket] 30/9/2015 19:49

A test of nerves going on I think M.
Brokers/MM's can see exactly the same chart pattern we see and may be hoping to wipe out a few stops. Very close to my critical buy or sell decision now. If it touches 52, if previous patterns repeat, then I expect new buying and a rise from there and I'm looking to buy. If it breaks down thro' 52 then I may sell and reconsider later. On balance I expect an upward bounce soon. We will know soon enough. GL all, pete

[macarre] 30/9/2015 12:56

Tree shake?

[petersinthemarket] 29/9/2015 09:41

Rule 24
Thou shalt not take advice from the faceless.

Absorb all relevant information from all sources
and then do what you think is best.

Charts display a behaviour trend which can offer a useful extra
component to what is always a difficult investment decision.

The share price has just touched on the lower trend line.
On previous occasions this has been a signal for new buying.
For now, imo it is a safe bet and I will continue to hold.
If it breaks down through the trend line I would consider selling.
GL, pete

[smithie6] 28/9/2015 21:29

Rule 23
Thou shalt not believe in charts too much for a small cap... with no liquidity..that doubles in price

The chart will not define what happens to the share price after doubling

Instead it will record what happens....after it has happened...

(Although !!...the prev. resistance around 50p is supposed to act as support now that price broke thru it....but .....)

( small caps
Instituts. do not base their decisions on charts..)



All imho

[qs99] 24/9/2015 12:05

Cheers Pete, am carrying on holding as this has only just started Imo....stocks don't double overnight, slowly and surely they are delivering on what they have said they would so works for me!

[petersinthemarket] 24/9/2015 11:55

Sorry i am unable to post a marked up chart.
For chart followers, if interested, take a 6mth share price chart,
draw a horizontal line across the may and july peaks at about 52p
draw in the rising lower support line through the april and august btms.
Both lines meet at about 52p on the rhs around November.
Both lines suggest the recent share price has got slightly ahead of itself but that the share price would be fairly safe all the way down to about 52 where it hits lower support at which point it has previously confidently started to rise again. Maybe we are just in the summer end doldrums. I believe this stock is safe and strong and will continue to rise in occasional surges for the near future. but wtfdik.
GL, pete

[qs99] 16/9/2015 14:35

thankfully on the move again today...

[qs99] 11/9/2015 07:23

lets see if those chunky buys can continue pushing this on towards 70p today...

[qs99] 10/9/2015 20:28

great to know and well done all those on board....me thinks Simon Thomson on IC likes this as well doesn't he (DYOR) not sure he has mentioned again recently? Divi hopes in future should help this progress. Am holding on personally for a quid, which will then be a 5 bagger!

[firtashia] 10/9/2015 19:30

No, not just you QS99, still here & quietly enjoying the tape action.

[petersinthemarket] 10/9/2015 19:19

You are right - I missed it - cash flow problem - maybe it will back off soon and give some of us another chance. rgds, pete

[qs99] 10/9/2015 17:03

Looks like it is just me making money in this then?!

[qs99] 10/9/2015 13:11

Was it tipped this week?

[qs99] 10/9/2015 09:18

And some more

[qs99] 09/9/2015 16:55

A decent day, let's hope week continues in this vein!

[qs99] 09/9/2015 09:13

Great open...

[qs99] 09/9/2015 08:13

Opened up already

[qs99] 08/9/2015 12:33

this little gem keeps on plodding towards a quid IMO....great stuff and hopefully a divi at the next set of results will underpin things....DYOR