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GCN - GoConnect Limited

Those posts had context and were part of discussions. ( sometimes heated ) They had a Particular History also. The number of posts also had context .. HC has very much a conversational feel.. Sometimes a thread can be ongoing and quite long.. Esp when there is argument.

The point is I probably made significant number of posts at various times when I was active in the stock.

Just like I make many posts on themes that I find interesting and important here on ASF.

eg I made a Number of posts on ASF on a number of threads that I initiated that I was interested in and felt important to share.

As I said I have always been Motorway anyone can search for old posts.
If I wanted to ramp I would have different nics on the different forums at the very least.

There was imo good material in all those threads.



very pertinent . imo very true.
And there is some research I have posted on this at times

I will add to that old post.. That Timing is important.

of course as time goes past we refine out methods
Today unlike you ,I rarely talk about announcements or offer opinions about them.

Back in 2003 I was more focused on such things.

In the recent post here I said .026 is a real possibly. I have said nothing about absorption or accumulation.

I pointed to a deceleration and exhaustion. BUT also a lack of any urgency of buyers.
And the need to see .032 and .035 in rating buy points.

That post and all post are for discussion. They are not the last word.

.03 was an aggressive entry.. That word has meaning.
It means 100% price discovery. HIGH RISK ( of being wrong But not necessarily of making loss )

Moving back through .032 and .035 is letting others share that Price Discovery.


Motorway
 
Lol motorway are you still in GCN? I hope you've taken some off the table previously yeh?...

sns very early on I posted a model that allowed for an intial Precursor and catch up ( A deep retracement after the initial wake up )

Since GCN listed I have been active in it on a number of occasions..

Very low priced stocks have different challenges to higher priced stocks ( or maybe is market cap )... There is a lot to be learned from trading and analyzing them.

But on the other hand they have other virtues that make them worthwhile. ( eg extremes of dullness and activity and also the compactness of activity )

Also on occasion the returns

One of the challenges is the lack of depth to the action

A .01 move on BHP is really nothing

A .01 move on GCN is significant for all participants of all time horizons.

IE degrees of trend are more super imposed than otherwise ( they always are But here they have the same vertical dimension )


GG likes to get them around the last turn..

MW is getting on board before the race is run ( watching the barrier trials )

MW is not worried about following trends
But determining turning points and being counter trend at one degree of trend. ( my thinking atm )

Trends will then look after themselves.

Harmony with trends more than following.

My focus is on discussion and learning I am always doing the latter.

Other participants have control of the former .

The compactness of GCN's activity mean there is useful insight in teasing out the relationships of Price Volume and Time rather easily.

BUT..analysis must be ongoing.. opportunity appears when it does.


Motorway
 
Maybe this helps . I am not chasing after trends ! My focus is turning points !

two points

1) I can not predict the future. ( do not want to try )
2) It does not matter how many times I am proved wrong in MY forecasting.


The Important thing is - The Waves of The Market



SKC maybe will post some more of my old posts. As much as they are about the Stock. They are ALWAYS as much about various aspects of trading and Wyckoff or P&F of whatever.


I am happy to post charts and discuss. But I think the thread is better if it remains on topic. What ever your analysis.




Motorway
 
Motorway, GCN back to 26c.

Interesting to see where it will head from here?

Yes , I just lost a long reply pointing out why.

So I just put the chart up and see what discussion flows

The Black Boxes are the close of each day ( a "2" means that a BOX contains TWO days of the signed order flow )

Important level was .03
Important are the small lateral trends in the move down from the high
( and they will become very important )

Now look left to original the Reversal Base.
Interesting to see where it will head from here?

Prior action has lots ( significant ) Horizontal Development all not far from this price level ( VERY IMPORTANT ). But most is now above the current price. ( But even a move back to .028 would now start to change those relationships )

Given the congested nature of the action. ANY increase in the speed of activity will be significant.

The lateral phases all have important implications ( nature of a TWO DIMENSIONAL CHART ).

What price does from here will increase the clarity of the definitions of those implications ( Accumulation or Distribution ).

Relative congested from the last RED BOX ( important again )



The last BOX is the close of the 24th ..at .026 it also contains the signed order flow from the 23rd.
if the price stays at .026 today that BOX will have a "3" in it.

This is the only phase that has BOXES on top of each other and so congested

Motorway
 
Turned out to be another pump & dump fizzler as many of us said it would be.

Does anyone who actually keeps an eye on this have any news as to what they are promising, but not delivering on, this time?
 
Turned out to be another pump & dump fizzler as many of us said it would be.

Does anyone who actually keeps an eye on this have any news as to what they are promising, but not delivering on, this time?

Somewhat surprisingly, David Haselhurst still appears to buy the hype around this company as he wrote glowingly about GCN and its spin-off in one of last week's Eureka Reports.
 
Not a lot happening with GCN and P1... I hear there is news on the horizon... Lets hope this turns the SP around!
 
Turned out to be another pump & dump fizzler as many of us said it would be.

Does anyone who actually keeps an eye on this have any news as to what they are promising, but not delivering on, this time?

4 years on.

GCN delivers the cleanest balance sheet I've even seen for a listed company.



Assets = $88 cash. That's it. Not even computers and office desks? What about the $millions of intangible assets from all these little JV's... here are just some of the ones I can remember:
- liver oil
- free wifi
- Solar Airconditioners
- documentary on multi-cultural festivals
- PriorityOne
- First Mongolia
- Jackson5 and the hotel empire
- Premium Chinese grapes
- and the latest... VR headsets

GoConnect... what an amazing entity.
 
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