APX - Appen Limited

[finicky]

I do like it as a long term @aus_trader but not on the analytical level of the guy in the vid.
Yes, I do think it's this stock getting down 'towards' more realistic valuation, sure not cheap. I don't think the wheels are coming off it specifically but can't say the same thing about Silicon Valley which condition APX is vulnerable too - as shown by this recent result.
I've never been attracted to A2M because of the China vulnerability

 

[Garpal Gumnut]

I do like it as a long term @aus_trader but not on the analytical level of the guy in the vid.
Yes, I do think it's this stock getting down 'towards' more realistic valuation, sure not cheap. I don't think the wheels are coming off it specifically but can't say the same thing about Silicon Valley which condition APX is vulnerable too - as shown by this recent result.
I've never been attracted to A2M because of the China vulnerability

There is a lotta red on the chart.

gg

 

[finicky]

@Garpal Gumnut yes I don't expect to have picked the bottom

 

[finicky]

Finished on its low - more downward to come I assume.

Daily

 

[galumay]

Yes, its getting down in the range where I might become interested.

 

[frugal.rock]

@Garpal Gumnut yes I don't expect to have picked the bottom

Good luck with the safari.

 

[Garpal Gumnut]

@Garpal Gumnut yes I don't expect to have picked the bottom

Without trying to mimic the master technician @tech/a , there is plenty of supply. You just never know in this market. I enjoy your posts @finicky .

gg

 

[barney]

Lol. You are a funny man Froogs @frugal.rock ?

There is a lotta red on the chart.

gg

Indeed Garps! Often the best time to start "accumulating"

ps I know

 

[finicky]

Only a crude simpleton would expect that vesting of performance shares would depend on an improved share price. How quaint. Starting the 2020 year around $22, peaking at $42 , vesting with reference to a $17.81 share price. We probably don't get the space time continuum either. Some are designed by nature to labour, others to think and manage, like in Brave New World. Nor is performance contingent to an earnings guidance that first disappointed the market, then later was downgraded and which then was not met by the actual the result. Just the use of the word 'actual' shows how far from undertanding I am as a sub Beta that it was necessary to create 668k new shares worth around 12 million dollars for the Alphas.

 

[finicky]

Appen: falling knife or window of opportunity?

Since hitting its all-time high of $43 in August, data giant Appen has run into difficulty after difficulty. After a slump in Q4 2020 earnings and a rising Aussie dollar, investors hoped to have their fears quelled and their pockets filled going into the February reporting season. But the stock...

www.livewiremarkets.com

 

[Garpal Gumnut]

Only a crude simpleton would expect that vesting of performance shares would depend on an improved share price. How quaint. Starting the 2020 year around $22, peaking at $42 , vesting with reference to a $17.81 share price. We probably don't get the space time continuum either. Some are designed by nature to labour, others to think and manage, like in Brave New World. Nor is performance contingent to an earnings guidance that first disappointed the market, then later was downgraded and which then was not met by the actual the result. Just the use of the word 'actual' shows how far from undertanding I am as a sub Beta that it was necessary to create 668k new shares worth around 12 million dollars for the Alphas.

View attachment 120628

Yes @finicky . This sort of behaviour promotes a well founded cynicism in investors.

gg

 

[frugal.rock]

Just bought 1,000 APX @ 16.92, already in the red, lol
Getting a bit impulsive but Appen has been high on my wishlist for a couple of years.
Gee, better find something to sell soon, one of my speccies better come in.

Well, currently it would seem as if the bottom is in but that's not to say I think it's out of the doldrums yet. The next few weeks will be telling.
I believe it got down to around $15.70 or so.
Have been watching it with intent and will continue to do so.
Thinking of a bite if there's a small retrace.

View attachment 121350

 

[Miner]

Well, currently it would seem as if the bottom is in but that's not to say I think it's out of the doldrums yet. The next few weeks will be telling.
I believe it got down to around $15.70 or so.
Have been watching it with intent and will continue to do so.
Thinking of a bite if there's a small retrace.

View attachment 121350

could not open the attachment. Thanks

 

[frugal.rock]

could not open the attachment. Thanks

I believe it's a forum problem and have reported it to @Joe Blow
This time was from phone, but the same happens from a desktop.
I have to edit the post, delete the inserted image, and reinsert using exact same methods.
Was just the chart as per below, which yes, I have edited post, deleted inserted image and re done...
On some occasions, but rarely, it works first go.

 

[peter2]

The APX charts that have been posted don't show the full picture of the price history. I won't go all the way back. The last three years is enough.

Price is back at the Covid low which makes a double bottom. Going back even more shows how the $16 level has been quite significant as it was resistance in late 2018.

Price rallied strongly off the Covid low but has since fallen out of favour. The bearish tech sentiment may account for the latter half of the fall but it seems something was awry Aug 2020. If the Aug2020 issue has been sorted and the bearish tech sentiment changes, it'll make APX worth considering at this price.

 

[Joe Blow]

I believe it's a forum problem and have reported it to @Joe Blow
This time was from phone, but the same happens from a desktop.
I have to edit the post, delete the inserted image, and reinsert using exact same methods.
Was just the chart as per below, which yes, I have edited post, deleted inserted image and re done...
On some occasions, but rarely, it works first go.

I'm not actually sure what the problem is. Intermittent issues are difficult to diagnose. If you have the time, could you please document your process of attaching files in the ASF Issues, Errors and Problems thread and include screenshots of each step so I can understand where things may be going wrong.

I haven't had any issues attaching files, so I'm not sure where things are going wrong for you.

 

[finicky]

@frugal.rock
yes not out of the woods at all, just made a low - yet seems to be gathering a pennant under $18 and could head up to $20? There's a gap just under there. Just speculating the short term of course.

It's a pattern of mine to buy impulsively out of fomo if I really like a company, which I do APX. It does serve a purpose though in keeping you focused on a stock if you make an early premature 'parcel' buy I have found. Easier to get distracted and wander away otherwise. Someone said on a forum once that sometimes the best buys are stocks that you already have in your folio. So will probably double up if there is a significant drop below my buy price which I think is a strong possibility after an interim. Won't be selling the ones I have, not trading, no mental stop-loss.

There is an obvious uptrend support line formed by the significant lows going back to early 2017 and this was broken with volume in Feb/Mar and there is nothing in the recent price action to nullify that imo.

 

[finicky]

Nice, should move up to fill the gap below $20, or my name's not finicky.
The prowess ?‍??️‍???

 

[finicky]

Higher volume, bullish engulfing daily candle ?️?️
Sorry, nothing else to do Saturdays, lol ?️?️?

 

[finicky]

Whoops - curving over, not a good look now, was it all just a bounce?

Daily