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System

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Redbubble is a leading global online marketplace for independent artists connecting:
  • a global community of independent artists and designers looking to showcase and sell their work;
  • consumers seeking distinctive designs and creative works across a range of quality products including apparel, accessories, homewares, and other lifestyle categories; and
  • third party fulfillers utilising leading edge capabilities to produce the products after they have been ordered by the Customer in a print‑on‑demand model and then arranging for their delivery to the Customer.
It is anticipated that RBL will list on the ASX during May 2016.

http://www.redbubble.com
 
Quarterly numbers look good and were enough to bust the recent seller keeping a cap on this one at 140. Intra-day action indicated that this seller moved up at 150 with a bit of volume done there and price being held under for now.
I've taken an early position and will look to add on strength.
upload_2018-1-25_15-30-8.png
 
Goldman Sacks has recently put RBL in its buy recommendation with a target of 1.9$. Given their typically conservative estimates, I expect some real win with this over the next year or so.
 
Daily scan picked this one up and I thought that it was promising so jumped in Thursday @ 1.16. To be honest I had never heard of these guys so had to ask my son about them....showing my age here! but his mate uses them and had some small success selling a couple of designs.

52wk high ~ 1.83 so plenty of upside here

upload_2019-4-13_7-30-52.png


Weekly paints a better picture on the SP recovery and trending up nicely

upload_2019-4-13_7-36-33.png
 
Breakout for Redbubble today following the release of a 1Q FY2020 - Business Update which exceeded expectations.

screenshot-stocknessmonster.com-2019-10-23-12-41-15.png


They are experiencing good revenue and profit growth and have a solid and improving cash position. TeePublic in particular has been experiencing strong growth, especially in the most recent quarter.

It will be interesting to see if RBL can maintain growth in the coming quarter and beyond.

big.chart-RBL.gif
 
barney said:
Also noticed this one today … Know very little about it but market action says it should be watched!
Click to expand...
It's apparently an online marketplace for artists and designers. Looks interesting and from those numbers Greggles posted above it looks to be on a growth path which is probably why the market gave it a lift.

qldfrog said:
Had to search which shares were boosting both my systems today:
Here it is
Hope this is just a beginning
Click to expand...

Looks like a few of you system traders are on to this stock, I believe Skate also bought in before the announcement. Well done you guys.
 
Not so good today with a 50pc fall and i have not checked recently
Disappointed update
Both my systems bought it, my dynamic one sold on monday for a healthy profit, my conservative one is getting hammered today with that code.such is life
 
qldfrog said:
Not so good today with a 50pc fall and i have not checked recently
Disappointed update
Both my systems bought it, my dynamic one sold on monday for a healthy profit, my conservative one is getting hammered today with that code.such is life
Click to expand...

Shshshmokes !

This is when individual stock picking becomes so difficult to stick to. I am glad you had at least one system get you out with a profit. Most trend following systems will be trailing the whole position and when this happens there is not a lot that could be done, other than to take the huge loss I guess :sick:
 
A
aus_trader said:
Shshshmokes !

This is when individual stock picking becomes so difficult to stick to. I am glad you had at least one system get you out with a profit. Most trend following systems will be trailing the whole position and when this happens there is not a lot that could be done, other than to take the huge loss I guess :sick:
Click to expand...
And waiting eow to get out maybe
 
There's something not right with RBL. Their previous update 23 Oct 19, states that everything is going as well as expected. Now less than 2 months later they report poor sales and increased competition.
Plus stock prices don't get hammered by 43% for slowing sales. They might lose 20%.

rbl1612.PNG
 
peter2 said:
There's something not right with RBL. Their previous update 23 Oct 19, states that everything is going as well as expected. Now less than 2 months later they report poor sales and increased competition.
Plus stock prices don't get hammered by 43% for slowing sales. They might lose 20%.

View attachment 99092
Click to expand...
Fully agree, a quick read of the announcement and it is not that bad figure wise
 
peter2 said:
There's something not right with RBL.
Click to expand...
Maybe it's the fact it's a younger stock? It's a longer term yo-yo.
Like, up 100% over a year late 2017-2018, then down 100% again over 2018, then up 100% 2019 and now down again 100% and then 2020...?
With the current volatile climate, I am not surprised with the rapid decline, I would be surprised if it went back up 100% before Christmas or anything before Q2, 2020 though.
The bubble burst... again.
I don't hold, and haven't so I definitely don't have any psychological aversion on this one.
Just reading the charts.
If it goes back up hard, soon, some clever musicians/ artists have banded together cause they usually struggle along financially in life whilst people enjoy there offerings.
When was the last time you gave to a busker? :2twocents
Is anyone on this bandwagon?
Jockey's whip horses to go faster, punters whip stocks for the same purpose. Whip until stiff peaks form...
F.Rock
 
The chart brings back bad memories:(

A long time back my first attempt at day trading turned into a nightmare when I had a very high 5 figure sum on a Stock that did the equivalent of what that did on the 12th Dec …. although RBL only dropped about 40% ("luxury") …

Mine dropped 60%:eek:

The good ol' days:rolleyes: Still alive to tell the story though!!:D
 
I guess the opposite of trying to catch bush knives (machetes) is hatchet throwing!
I caught ARQ and DCN and it ended up bloody.
I am waiting for the opportunity to hatchet throw ARQ. Of course, as I have entered it in the comp, am waiting till January at least.:cool:
 
Can't believe this hasn't been talked about since Dec 2019. Has been on a tear due to masks tailwinds but also now with former CEO of SEEK appointed, and an interesting novel business model, seems to be on a decent long-term runway.
 
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