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GCN - GoConnect Limited

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I'll wear that for sure! :D

I'd probably get more "hits" on the street in that than any of the GCN websites. Their independant valuer would then value "Brand McLovin" at $400m +/- 0.1%.
 
skc said:
I will print you a Tshirt that says..

"I was hopelessly wrong about GCN. Ask me how."

Similar to this one.
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SKC = Steve Keens Child??? :eek: :eek:

If this company can get a listed valuation half the size of Cabcharge within a year i'll do something drastic also
 
prawn_86 said:
SKC = Steve Keens Child??? :eek: :eek:
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Lol. I just had a vision of Steve Keen in Darth Vader's voice telling me he is my father.

prawn_86 said:
If this company can get a listed valuation half the size of Cabcharge within a year i'll do something drastic also
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May be you can ask cabcharge to enlist the service of this independent valuer and start a ramping campaign in all the taxis.
 
Wow and I thought Lynas was volatile. In and out today for a measley $160 profit :roflmao:

But there was no way I was taking a big positon on this one, I guess even at my young age I'm not that much of a risk taker.
 
prawn_86 said:
SKC = Steve Keens Child??? :eek: :eek:

If this company can get a listed valuation half the size of Cabcharge within a year i'll do something drastic also
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Prawn do you use TA , FA or NA ( No Analysis )? :)


..................

The action takes place on a field
But the action is the field
and the half way point ++>IS THE ONLY WAY YOU CAN KNOW AHEAD OF TIME. WHERE THE FIELD IS and HOW IT IS MOVING.

WHAT ELSE MATTERS

Here are three others


(1) The Price movement
(2) The Time elapsed in each movement
(3) The Comparative lifting power or pressure of each movement
Click to expand...

Ok we can all measure the halfway points==> current zone is .05 , .054 , .058


(1) The Price movement was--> tremendous with a lot of ease of movement to the
high.

(2) The Time elapsed in each movement --> up was swift = the ease of movement
comparatively lot longer down = Bulls WON

(3) The Comparative lifting power or pressure of each movement. ==>The move Up pipped the high at .07 got to .071 The move up was really one movement with no real corrective moves. The move down to .057 into the close was a series of moves with little EOM there was more selling pressure .. But this pressure could not make new low ground into the close ( Was a retest at .057 )

Everything considered I will give these room to swing and look for higher prices

The playing field ranges from .036 to .071 atm

Motorway
 
motorway said:
Prawn do you use TA , FA or NA ( No Analysis )? :)
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I've stated my thoughts. This is the same as many other ramped stocks on certain other sites. CVI, CDU are the main 2 that come to mind but there are haps of others.

Technically, of course you can make money off it, but fundamentally i dont see how they can pluck a number out of thin air and come up with a $250m valuation for a company that is essentially starting from scratch. It's like me coming out and saying "oh hey, i just thought of 'x' and me and my independent valuer reckon its worth $500m so get on board because in 2 years time i'm going to have a company listed and worth half a billion dollars" :rolleyes:

I just think those holding for fundamental reasons should be very careful they are not left holding this stock for the "long term" when/if it goes below their buy price.

I'm actually surprised by your semi snide remarks Motorway.
 
prawn_86 said:
I've stated my thoughts.

I just think those holding for fundamental reasons should be very careful they are not left holding this stock for the "long term" when/if it goes below their buy price.

I'm actually surprised by your semi snide remarks Motorway.
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Fair enough ! And I did had add the :) To emphasize it was not 100% serious :);).

And It was not. Certainly not any personal attack intended.



Motorway
 
motorway said:
Little to go on in the announcement in regard to assumptions and what they are based on..
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With all due respect, there's enough in there to know it's BS. I've never heard of someone giving a DCF to within +/- 1% (I'm surprised the valuer isn't worried about possible legal ramifications of giving such an apparently watertight number). By giving such a small margin you are by extension implying you have a very, very good idea of what the DCF should be. I've never seen that done for a blue chip, let alone for a startup with no revenue. The blurb about it only measuring revenue that is highly likely to occur is the cherry on top.

I have no idea technically how it looks (and I wish you the best of luck trading it:)), but from a fundamental perspective it's no better than a bag of magic beans.
 
I'm not at home so cant get the BRW issue, but a quick scan online reveals the tenth fastest growing company this year had a turnover of $17m and its more than a year old. Also another company that was founded in 2006 and has reach $80m revenue this year.

This shows that in order to get a company from 0 to say $25m profit (apply 10x pe would give the market cap of 250m) is virtually impossible. I dont think even Facebook grew at that rate...
 
poverty said:
What's Facebook?
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Don't know ;)

But Prawns research sugests they would have a market cap much smaller than GCN


We have Chaotic Action atm


THE EXPANSION AND CONTRACTION of the AGGREGATE TIME HORIZON is THE PROXIMATE CAUSE OF ALL TRENDS..

The point is .
IT HAS TO BE CHANGING and it is THE WORK on the "FIGURE CHART" that CHANGES IT...... But when ?

We have to be able to identify BEGINNINGS and ENDS and tell the difference. We have to understand the LIFECYLE of a CAMPAIGN and how to coordinate CHARTS of DIFFERENT SCALES .

In order to know when a FLUCTUATION / VIBRATION is real WORK that is BUILDING A CAUSE on the LARGER TIME HORIZONS and not just CHOP and CHURN.
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CHAOTIC FLUCTUATIONS characterize the BEGINNINGS and ENDS for VERY GOOD REASONS and are a TELL TALE SIGN..
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Has to do with when a floor or ceiling is approached

Eg The first steps of a Toddler compared to the those of a very elderly frail person.
Chaotic Fluctuations !

A new emergent trend is characterized by such Chaotic Fluctuations
( as is an Ending One )

The emergent trend is heralded by Precursor and Catch up effects !
The ending trend is in turn by Overshoot and delayed ending efects

Think of the toddlers new first steps compared to the frail old persons last ones.

Think of How the dynamic will fluctuate around the Half Way points.

Mention of Risk in the thread ... Consider How risky to be buying HIGH and SELLING low

Consider ( for Wyckoff Students ) Where the Springboard is found

http://enantiodromian.blogspot.com/2010/01/vibrations-and-fluctuations.html


Motorway
 
Here are three others


(1) The Price movement
(2) The Time elapsed in each movement
(3) The Comparative lifting power or pressure of each movement
Click to expand...

From this -price movement alone we are able to judge the supply and demand,
the points of resistance and support, and the trend.

.045 is important now . A confirmation of strength would be some spacing between that juncture (Important Point of Old Resistance , A Last point of Supply )

And where this bottom ( forming ) finally is seen to occur .

Consider --> WHY are beginnings so Chaotic ?

==> THE EXPANSION AND CONTRACTION of the AGGREGATE TIME HORIZON is THE PROXIMATE CAUSE OF ALL TRENDS..

How does the AGGREGATE TIME HORIZON Expand ?

By in part ( A large part ) ==> change of OWNERSHIP .. In other words a change of the TECHNICAL POSITION..

All shareholders holding at a LOSS to Some Shareholders Holding at a LOSS to
nearly All ( If not ALL ) Shareholders Holding at a profit.

It takes "WORK" to cause this transfer.

When you are looking for an opportunity to buy, watch for the down waves
in the market and in your stock. RDW
Click to expand...

If you someone said Now is the time to Buy
I would not disagree.

But whatever research you DO...Do your OWN !

1) Is there potentially an increasing "Population of Interest"
Click to expand...

Yes


2) Is there a steady stream of favourable events ?
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Yes imo.



3 etc
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We will see :)

So .045 for Monday to judge strength

Motorway
 
Action really narrowing down. ( a lot of the noise gone )

A lot of chaotic action behind now .. All ? Atm it is swinging in a 2 tic range

The Apex of which is about .055 ( if you think of wild swings narrowing down like a cone )

levels of support have been occurring at higher prices --So far.

Time to watch closely imo

Motorway
 
Need to see support confirmed now

.05 would be great
.047 would be fine
.045 would be OK

below that would be a lower low.

( question to ask then is why should there be a lower low )


Need to see support confirmed.

Need to some some sign of strength.==> Any sign of demand overcoming supply.

Action really narrowing down. ( a lot of the noise gone )
Click to expand...

==>"AWAIT (PREVIOUS) SUPPORT"

Motorway
 
It is set up for a good move .
But imo anyone considering buying now needs to see Support Confirmed .
But also to be ready to jump on

yes .045 is the danger point

Did you mean from a fundamental or technical perspective?
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Both , they are the same.

from the link I gave earlier

As I have said a thousand times, no manipulation can put stocks down and keep them down. There is nothing mysterious about this. The reason is plain to everybody who will take the trouble to think about it half a minute. Suppose an operator raided a stock -- that is, put the price down to a level below its real value -- what would inevitably happen? Why, the raider would at once be up against the best kind of inside buying

The people who know what a stock is worth will always buy it when it is selling at bargain prices.
Click to expand...

The people who know what a stock is worth will always buy it when it is selling at bargain prices.

These people are those who know it is a bargain TECHNICALLY or FUNDAMENTALLY or Both or whatever
Echoing back Through Reminences , Wyckoff and Charles Dow--->

It is best summed up by understanding that when a stock gets to be too cheap, it will stop going down. As long as it is still going down, it is not too cheap!
Click to expand...


It is best summed up by understanding that when a stock gets to be too cheap, it will stop going down. As long as it is still going down, it is not too cheap!

This simply and alone. If put into practice imo would save people a lot of grief.
And it is SIMPLE.

But then if we can also identify the turning points ? :)



Motorway
 
motorway said:
The people who know what a stock is worth will always buy it when it is selling at bargain prices.

These people are those who know it is a bargain TECHNICALLY or FUNDAMENTALLY or Both or whatever
Click to expand...

Do you think your analysis on the fundamentals would be clouded by what you see on the technical? It is difficult to remain unbiased when another perspective appeared to be so conclusive...

Which aspects of the fundamental GCN story do you find compelling?

As I have said a thousand times, no manipulation can put stocks up and keep them up. There is nothing mysterious about this. The reason is plain to everybody who will take the trouble to think about it half a minute. Suppose an operator ramp up a stock -- that is, put the price up to a level above its real value -- what would inevitably happen? Why, the ramper would at once be up against the best kind of inside selling
The people who know what a stock is worth will always sell it when it is selling at inflated prices.
Click to expand...

Isn't the opposite also true?
 
skc said:
Do you think your analysis on the fundamentals would be clouded by what you see on the technical? It is difficult to remain unbiased when another perspective appeared to be so conclusive...

Which aspects of the fundamental GCN story do you find compelling?



Isn't the opposite also true?
Click to expand...

Isn't the opposite also true ==> YES , But :) consider the life cycle of crowd behavior .

The beginnings and endings will behave very differently.

But in the end YES you are right

What I mean is this. At the bottom . only those who know will BUY
But at the top only those who do not know will BUY .

There is a lot more "do not knows" than "knows"
So at a top. long after the knows have sold and gone . The many "Do not Knows" can still Buy and attract more buying.

This quote from the Wyckoff Thread

The point we fail to remember is that public opinion in a speculative market is measured in dollars, not population. One man controlling one million dollars has double the weight of five hundred men with one thousand dollars each.

This is why the great body of opinion appears to be bullish at the top and bearish at the bottom. The multitude of small traders must be, as a plain necessity, long when prices are at the top, and short or out of the market at the bottom. The very fact that they are long at the top shows that they have been supplied with stocks from some source.

Again, the man with one million dollars is a silent individual. The time when it was necessary for him to talk is past - his money now does the talking. But the one thousand men who have one thousand dollars each are conversational, fluent, verbose to the last degree; and among these smaller traders are the writers - the newspaper and news bureau men, the manufacturers of gossip for brokerage houses.

It will be observed that the above course of reasoning leads us to the conclusion that most of those who write and talk about the market are more likely to be wrong than right, at least as far as speculative fluctuations are concerned. This is not complimentary to the "moulders of public opinion," but most seasoned newspaper readers will agree that it is true.

The psychological aspects of speculation may be considered from two points of view, equally important. One question is, What effect do varying mental attitudes of the public have upon the course of prices? How is the character of the market influenced by psychological conditions?

A second consideration is, How does the mental attitude of the individual trader affect his chances of success? To what extent, and how, can he overcome the obstacles placed in his pathway by his own hopes and fears, his timidities and his obstinacies?
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" You can distribute ALL THE WAY DOWN " because there are always the " Do NOT KNOWS " who think they are buying a Bargain .

So if we think of a circle as a market cycle . This circle is deformed by the life cycle of the crowd.

As RDW says .. Waves of buying and selling gather followings . Gather means there are early adopters and laggards..

So as I said in an earlier post

The emergent trend is heralded by Precursor and Catch up effects !
The ending trend is in turn by Overshoot and delayed ending efects
Click to expand...

I Know all about the Fundamentals that can be known ( that anyone can glean by reading the announcements and looking importantly at the History of the Company )
But they are to me only a good story. That could have a very happy ending :).

The more I have experienced the risks and rewards of the market

The more and more analysis of DEMAND AND SUPPLY as seen in PRICE VOLUME and TIME of Quoted PRICES.. Becomes only more important. OF supreme importance

Motorway
 
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