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TV2

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It's great to have a voice of reason and someone who sits on the...

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Southlander9

3,928 Posts.

22/06/16

10:02

Post #: 18090480
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Originally posted by stocktraderman ↑

I first looked at TV2 on ann' on 24th May on B2B with Omtelecom . The SP was about 3.4 cents and I was inches away from hitting the buy button.
Then over the next week I see a new headline thread " New Trading 5 to 10 cents" which was the ONLY reason SP hit 7.2!
Yep I would have doubled my money, not worrying about a pip move or getting excited , explaining every pip move every 10 minutes.

The reason I didn't buy was I did further research by looking at every ann going back to Nov plus applying TA.

The sole reason I didn't was their financial report released on the 2nd May for march quarter.

Seeing their cash burn rate, $1.5 mln loss ("working capital 892,000, staff costs 570,000 etc.) I suggest you re read it.

No revenue, only a CR keeping them a float .
Big ann's about 27 different revenues , positive forecasts about the future etc (tell me a CEO who doesn't ...Unilife springs to mind which is another one I warned people about)

Psychology is vital in fact , in fact one ot the main reasons why people make or lose money.
When you see punters personally attacking me even deriding my personal experiences with clients(Suicide etc) you just KNOW they are totally over pumped up and dangerously addicted to this stock ....Check out the "high fiving", b/s explanations when it moves up a pip!
A PIP!!!

Jeez, some of you on here would think I was commenting on your partner/house/ kids etc.

IF Nick (it's almost like you know him personally) pulls off or even just some of their deals then yes it could well go higher.
Are you privy to those meetings tho!?

But , I look at the price action and that screams at me that this is too speculative and has cost MANY A LOT of money.

Hope you guys make money and yes I'm old enough and ugly enough to take the posts if the SP goes back into that infamous " New 5 -10 cents range" headline.

Here ends War and Peace.

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It's great to have a voice of reason and someone who sits on the other side of the fence, always appreciative of posters like yourself and keep it up, however half of what you posted here is rubbish. Also, If people haven't made money off TV2 and free carried by now then they need their heads read.

Pigs get slaughtered at this end of the market. Keep up the good work mate, no issues here, as I said good to have differing opinions. Goodluck with whichever way you choose to go with TV2. Am looking forward to upcoming news events and hopefully some big deals. Cheers RE

TV2 Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
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