re: technical and other perspective Well after all that do you...

re: technical and other perspective Well after all that do you call it a buy or a sell ?

I have said on many occasions that GCN was characterized by the low cost base..

It would seem to Me to have been close to break even
For a very very long time... Ever since it got rid of the free ISP model...

I look at why various companies fail... It often is not lack of revenue... But High fixed costs and that scale with expansion.... GCN costs are and have been low and
will not grow anywhere in scale to what revenue can

A low fixed cost base addressing a world audience..
Do they have to buy raw materials ? Open or lease shop fronts ? Do they have transport costs ? Do they have Inventory costs ? ( and can't they be a killer )

I hold GCN because it is and has been close to break even... And I see a growth story ( and for some of the prices it has been available a value story too )

SSI did GCN ( and well , many other tech hopefuls gone and never were really ) And GCN We are told leads to CEH.... That is hardly nothing .. Please could other companies I invest in have some of this nothing !

You don't like to look at the technical position.. So what is the point of asking "since July" You say it will go up when it does.. But can we still buy GCN at .06 or SSI below .30 ?? ( At the moment anyway NO ) and is this not the point... The price We pay determines the return
We can get.. it is one thing We do have control of..

The technical position in the 30 to 60 day time frame
tends to be a big influence. It is here where Mr market
provides the opportunities... So a understanding of How supply and Demand interact and what drives markets is I think important..

OK what do I see ?the run up to $4.20 was not a buying climax... It was not a bandwagon of indicator driven noise... it was Buying at that price easing off While some decided to sell ( take profits ( I guess ) and good luck to them )

We can see in the chart buying demand was still the same and even rose... Volume climbed until that real volume spike on that Tuesday.. Nothing dramatic But a Selling Climax... That selling which built up and maybe a small bandwagon of sellers ( indicator driven ? ) Then ran smack into demand that stopped the price decline in it's tracks and overcame it... At a certain price Buyers said yes and all you have got and more ....

I have said this in the posts above.... Why do I want to see lower lows ? Well moves seem to need some preparation. Buyers having had bids hit don't just usually switch to taking out offers... here time is a factor... Buyers sit ( maybe off screen ) but if the selling pressure is gone, volume dries up.. Some still hit the bid but are less distressed they sell less and wont reach down So far.... While We might not make New highs
if the bottoms are trending ... then the next chapter will be soon ....

I say that Tuesday showed good demand and buying..
Action since says not much available now at the price

Next (good ? ) news will take this higher.. Only We have had a lot of stock change hands... So the cost base of those now holding and their reasons and outlook are on average all changed...

Weekly bar chart with Volume looks good
clearly shows the volume interacting with price and that
reversal action...
P&F chart ( Box size .20 and reversal 1 ) shows the thrust down and two downside strides... Now broken

Action here is now sideways a close of $3.40 would be the first buy signal since the high of $4.20

now I believe the smarter ( first to act ) money was active already on that Tuesday ( read the above posts for context ) So a buy signal like this ( if it comes ) is confirmation.... The problem with waiting for the confirmed breakout ( it's up when it's up ) is that will there be volume then to buy at favourable prices ?

The P&F chart is linear scale over 18 mths time frame
Has such it will display curves

We can see a classic S-Curve ( the first of many ? linking to form one very large S-curve ? )

S-curve is an idealized curve of growth dynamics...

It is the classic adoption diffusion path..

Accumulation distribution and re-accumulation (?)cycle..

Let us look out for 3.40 next week and see what happens... will it unlock more selling or more buying ?

mkt Dynamics are fascinating and valuable to study from all angles.... But yes Angry if SSI really do it... It will go up !

I will send you the chart... see the two downside strides
See the chart now in new territory... And put it in the context of the rise from .12 to 4.20

All I can see is a side way range at the top

( And what makes a trading range is another interesting topic )

Let us all hope the next chapter ( heralded by new Volume ) is a thrilling one !

My view and My opinions ,,, because you did ask what about since July!

Now Angry ,, Is it a buy or sell ( and to say hold is only a waiting to one or the other )..

That is is it a buy at the current price

My view of this moment !

And as always Monday Will bring new considerations

And I could be completly wrong !


motorway