Telit Communications Share Discussion Threads

[elcapital2017] 03/9/2017 15:13

Walter you are clearly mad as a box of frogs. You are number dyslexic, so there is no point in conversing, you nutcase

[glenkaz] 03/9/2017 14:57

Ok el thing some homework for ya! I bought indivior at 260 on Friday is it gonna go up or down 🤔 On my desk by 20:00 today or nooooo 🍕! 🤡✌A039;

[glenkaz] 03/9/2017 14:40

Bum hole! 🤡🖕

[elcapital2017] 03/9/2017 14:01

idiot cant even tell the truth about leaving

[glenkaz] 03/9/2017 13:40

Got ya !🤡🖕

[glenkaz] 03/9/2017 13:13

No! Ha ha! 🤡✌A039;

[elcapital2017] 03/9/2017 10:46

Seek help!

[glenkaz] 02/9/2017 22:44

Ha d/ck 🦑! You love ❤️ me really! Taught you the errors of not shorting down to zero! Glad you learnt a valuable lesson! Just like I have had to! Wish you luck and leaving the thread! Been fun guys! Til we meet again! Bb 🗣💩 lighten up! If I can keep a sense of humour harbouring a huge loss! So should u! 🤡✌A039;

[elcapital2017] 02/9/2017 19:42

I guess you are related to the nutcase

Go back on his posts,,,,....its all made up. He changes the figures all the time and can even write a share price correctly.

I told yuo where I was shorting and now in profit. I told you when I sold before, mainly at 161 and twice more on the way down. Closed profitably, could have done better but its hard to account for mug punter share buying

If you are going to make a comment, you should check your facts otherwise you come across as an uneducated moron.

[kirk 6] 02/9/2017 19:33

El you look like a bigger nutter here at least glen made a few £!! You must be down a wedge on your short

[glenkaz] 02/9/2017 19:03

🗣💩 boys I closed my short at £174! And went long 😱 Really tw! 🗣💩yes! No 🍕For super girls plenty of moose! All you can eat! 🤢

[glenkaz] 02/9/2017 18:39

Of course Friday profit day this could go north again towards £2 be careful 🦑

[glenkaz] 02/9/2017 18:10

Check your last post old chap! Go back to school and learn English! See me! 🤡🖕

[elcapital2017] 02/9/2017 15:32

You really dont understand numbers do you?

There is a picture of you under the definition for Mug Punter in the dictionary.

You probably do not know what a dictionary as there are no emojis in it. Nutcase

[glenkaz] 02/9/2017 14:46

Wow what yo gonna buy with you 9p el🐂💩er! 🤔......829;👌

[elcapital2017] 02/9/2017 14:35

You really are a proper nutter arent you!

[glenkaz] 02/9/2017 13:29

🤡🖕 Elpeica💩!

[elcapital2017] 02/9/2017 12:27

You are an idiot and a liar

You said before you made £27k

You are off your rocker. Total nutcase

What sane person uses that many emojis? None, you moron!

[glenkaz] 02/9/2017 11:55

Yep I was a trustworthy fool who knew nothing of shares and believed robbers! Now I've changed my direction it's paying off! But I am turning it around! So el tw c/cksucker! And 🗣💩 bb 🤡🖕

[glenkaz] 02/9/2017 11:05

9p up el🦑 I made £10k here! Buy some sweets with it🤡✌️

[hpcg] 02/9/2017 10:57

Fraz - I was out at a meeting yesterday afternoon, so I missed the fall off at the end of the day, and couldn't see the book. What I can say:

1. Price reached a logical retracement point, I agree with top and bottom levels Master RSI put on his chart for the Fibonacci levels.
2. For a long trader their work is done, circa 50% in a few days is good work.
3. It is likely the sell off was people closing out before the weekend. That doesn't indicate enthusiasm for Monday, but is also just good risk mitigation.
4. We have an indecision candle - not surprising.
5. The balance of risk is much more favourable to shorts now than longs. I can't emphasise enough that the gap down was caused by the simply appalling interim results. That wasn't subjective information, but objective truth about the company performance. So the upside now is capped at 200p until at least a positive trading statement, but more likely a set of highly positive results which include substantial free cash generation.

My approach Monday morning:

If it opens up then I'll look to sell at the 170-175 level, depending on the balance of the book. If it looks like it has legs then I will assume it is pushing for 200p and set some orders accordingly. Most of these can be kept open as any subsequent retrace will likely not return to those levels.

If it opens down then the counter move is over. I will be going short right away and aggressively whilst I can above 150. My last short level was 130, but I barely profited. In this situation I expect a declining triangle. I would be closing when the buyers come back because I will have missed the prime selling opportunity and it could retrace again above my sell price.

As I think the company is only worth 75p a share I won't be trading long at all, even though there will be good money for the nimble to make in that direction too.