Wandisco Share Discussion Threads

[horneblower] 04/12/2017 07:43

My target is still £12.50 within 12 months (yes, I know the chart suggests £15, but I like to be conservative).

[bookbroker] 04/12/2017 07:35

Clearly cashflow is weak, however you interpret the need for fundraising!

[rafieh] 04/12/2017 07:35

Let's not forget, we are only talking less than 3% of the total number of company's shares. Not much dilution at all.

[owenski] 04/12/2017 07:32

Post 2252, superb interview, almost acts as a trading update, shows where WAND is heading, no problem with todays fund raise, gets it out of the way and was kinda expected at some point. IMO

[miti 1000] 04/12/2017 07:27

So the directors wax lyrically how the market is finally coming to them and then they sell shares 3 quid below their highs...that shows huge confidence lol

[nimbo1] 04/12/2017 07:26

Yep just standard market mechanisms of insider selling and management team raising funds 6 months after saying they don’t need any.

[panic investor] 04/12/2017 07:23

That's why the price went down then !

[rafieh] 04/12/2017 07:18

The price is not at a significant discount to current market price.

[trader2] 04/12/2017 07:14

Placing proceeds to be used to capitalise on momentum and accelerate growth - I hate fuzzy statements like this!

[knighttokingprawn] 04/12/2017 07:12

Equity issue , at least $10mn.

[qackers] 03/12/2017 23:34

Very positive interview with Jagane Sundar. Thanks vanadiumx

[djbilywiz] 03/12/2017 22:11

Interesting comments. In my opinion, price charts are one of the strongest tools available in the traders/investors toolkit. Supply and demand in effect. Currently, it looks to me like the mid term trend is changing. Previously price has more or less been supported by the 50dma. Price has now broken down through the 50dma and 200dma with the 50dma pointing downward and the 200dma leveling off. This is not to say that price could turn around and trend upward again quickly on some large volume. Will have to wait and see. No advice intended and happy to be proved wrong as I have held and will look to get back in again.

[horneblower] 03/12/2017 21:55

high park,
Linear charts are simply not applicable to the human experience.
They may be used as an approximation to reality where the vertical scale is narrow. Otherwise log charts are essential.

[vanadiumx] 03/12/2017 21:44

Yes. Still learning though. Charts are the best way to "see" sentiment and I base most trade decisions on them.

[bamboo2] 03/12/2017 21:36

vanadiumx, agree about no death cross.

Do you use charts quite a bit in your trading too?

[vanadiumx] 03/12/2017 21:09

high park - I don't see a death cross on the 50 day and 200 day MA.

[vanadiumx] 03/12/2017 20:51

Interview with Jagane Sundar, Wandisco CTO AWS Reinvent 2017:

[vanadiumx] 03/12/2017 19:26

Very close to being bullish engulfing pattern in the chart on Fridays close. Need to see what the close is like on Monday afternoon to see if there is a trend reversal here. Certainly could be interpreted a the beginning of one.

[high park] 03/12/2017 15:29

You gave me hope, horneblower, and it came to pass.


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Although you can draw these lines pretty well anywhere, and if you take an arithmetic scaled chart, it's not at all convincing.


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And candlewise, the rising candle does not engulf the falling one.


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Finally, it's broken through it's 200 day MA and with a dead cross.


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Having said that, I'm still holding.

[tickboo] 01/12/2017 17:18

Some chunky buys, 2 x 20,000 and a 15,000. Nice, hopefully we can carry this momentum into next week.

[bamboo2] 01/12/2017 17:16

raf, Bulkowski uses many different types of sampling, manual/automatic etc. I don't think he limits himself to high liquidity stocks, although I could be wrong. His way of treating chart patterns seems different to trad TA.[Which he also writes about.]

I use the rules as a guide, they are not written in stone, and just suggest there is a similarity between the WAND chart and Bukowski's VRD pattern.

Personally, I see this pattern quite frequently [often intraday] in low liquidity AIM stocks, but infrequently in FTSE100 stocks. Maybe I don't look at larger caps often enough to know.

Tickboo, that is a good question. I don't know the answer. A while ago, I emailed Bulkowski to ask his opinion which was best, and he replied, 'that which works best for you.' I am still undecided and therefore use both types of chart.

[tickboo] 01/12/2017 16:41

Is the end close the mid-price or last trade price?

[rafieh] 01/12/2017 16:35

Bamboo,I am not a chartist, but I think most of the rules of technical analysis apply to shares which are regularly traded at high volumes.

[tickboo] 01/12/2017 16:34

Last trade at £5.80, that help?

[vanadiumx] 01/12/2017 16:20

Yes I want to see the close today above yesterday's high. Looking unlikely now.