Wey Education Share Discussion Threads

[the patient investor] 14/8/2017 17:22

blood, plenty, easy prediction

[melody9999] 14/8/2017 13:32

A useful rule of thumb for growth stocks (that never go up in straight lines) is that after a major advance the stock will re-trace about 33% of the gain.

Looking at WEY, it went up from 12.5p to 27p or thereabouts ie a 14.5p increase. So I'd be looking for a pullback of some 5p to buy in again. Anything under 22p will tempt me.

[ny boy] 14/8/2017 12:48

No idea, I only buy, pay for the stock in the normal way.

Not really a trading stock, just one to buy at the best price possible and sit on them to develop

[netcurtains] 14/8/2017 12:17

NY Boy: 17 days to end of August. I think, in olden days T+10 was a thing (you could buy but not pay for 10 days).... So One would potentially expect some tick up in 7 or 8 days time by T+10 people (if they still exist). I think it was called "day trading" but in reality it was closer 10 day trading.

Do people still do this?

[ny boy] 14/8/2017 12:13

Certainly holding up well but buying interest dried up until we see certain support levels hit, of course they may not happen if positive news flow breaks and the next leg up is underway.

Not many sellers around and it's the peak 2 summer holiday weeks of August so thin vols. The CEO mentioned the possibility for a brief update last week of August but maybe they wait until everyone is back at their desks first.

[netcurtains] 14/8/2017 10:37

Following on from the above link - a thought.

"IF" WEY can be to secondary schools what the OU is to Universities.

The OU has 168,215 students (that is about 168 times the size of where WEY is now).

Thus if WEY can make about £500K profit now-ish out of about 1000 students, its potential, when fully grown (OU size) is to make £84 million profit.

Obviously it might not get to OU size or it might grow far bigger, but as an investor one must recognise that the potential is there - the OU sort of proves that the model works and is scalable to vary large numbers.

[netcurtains] 14/8/2017 09:38

This is potentially an important story.

A link to Wey Education and the Open University.



Its possible, that over the months and years, a relationship between
WEY and the Open University might develop.

This is the bit of interest:

She frequently assisted OU staff with their technical or user training issues and she was also able to expertly guide her peers in the use of online tools.

[666james] 11/8/2017 16:32

that small "buy" of 4858 is down as a "sell" but that was me just topping up.

[nurdin] 11/8/2017 14:37

Its an LC trade...cancellation of a trade after the trade has been published

[ny boy] 11/8/2017 14:30

100k trade again this morning and no price movement?

[kito691] 11/8/2017 10:51

Douglas please accept my apologies I didn't read who had sent the message and wrongly assumed it was pi Sorry again no offence meant to you in the slightest

[douglas fir] 11/8/2017 10:44

Thankyou so much for your prompt and informative reply.

.....so nice to know that some people still possess charm and manners.....you must find it such an asset:)

[kito691] 11/8/2017 10:30

Reduce holding before results are announced or cover yourself as they are seldom as good as the rumour suggests and get pushed higher on hope rather than factI'm sure that clear enough even for a clown like you

[douglas fir] 11/8/2017 10:21

re....The best advice I every learnt was buy the rumour and sell the news

....as mere mushroom..you'll have to forgive my ignorance;).....how should we apply that gem here?

[kito691] 11/8/2017 09:45

I have traded many years and still learning The best advice I every learnt was buy the rumour and sell the news Good luck all holders

[666james] 11/8/2017 08:39

Net I don't think Mick was referring to you as a ramper. I reckon he was talking about TPI. The info you have given on this site has been really helpful to me and I make my own decisions with (using Micks words) "taking a stake that you are comfortable with". This is exactly what you need to do IMHO. I think you call this quiet day (at the moment) "taking a breather".
I am looking forward to the results.

[the patient investor] 11/8/2017 08:02

hemoglobin on the cards

[kito691] 10/8/2017 17:39

Mick Great post and totally echo what you are saying Good luck all holders

[micktravers] 10/8/2017 17:33

As an experienced investor I very rarely post on bulletin boards but when I see obsessive ramping or deramping in this case I take that as a sign that someone has an ulterior motive and that my original view was right. So I would suggest you stop worrying - take a stake that your comfortable with and increase or decrease as the story unfolds. Well done and good luck to all holders for spotting the potential here.

[kito691] 10/8/2017 16:58

Think wey has held up very well today with what was a turbulent day with many stocks getting hit. I expected more selling after the 100k sell early on , so for me personally very happy to hold at current levels as I see no signs of top slicing profits at the moment.

[the patient investor] 10/8/2017 16:55

UDEMY is one of the worldwide online courses platform. They has 10 million students!!!!!!!!!!!!!