LVL - LV Living

[tech/a]

Re: LVL LV Living

Kris.

Well done on your profit.
Since bought to my notice I have been watching LVL on my screen at work.
Its amazed me with its strong support.
Frankly I thought it was shot when it pulled back to 7's.

Its just got back to 10c + and Im suprised you sold out--but can understand.

As you I'll continue to watch.

Most are eager to hold losers and sell winners.
Hardest part in trading is staying with winners so they can become massive winners like the CTX abd UTB's of the world.
Still well done.

 

[raider]

Re: LVL LV Living

Yes I"m cheering ,Very risky, totally no fundamentals.

 

[krisbarry]

Re: LVL LV Living

Yes I"m cheering ,Very risky, totally no fundamentals.

Do you really reckon it was that risky? An aging popualtion, wealthy cashed up baby boomers ready to retire and take holidays, really?

I think it was no more of a risk than pumping money into a mining stock that drills and drills and drills, finding nothing, and issuing more and more shares. Then they complete that 1 drill and they find mounds of gold, oil, or Uranium!

At the end of the day it was only risky if I sold @ a loss. I sold on a profit and was rewarded for my investment, time and patience.

There was many times people on this board and many other boards bagged the crap out of me. But I stuck to my guns therefore I see it at no risk, just reward.

There is always many ways to see profit!

 

[krisbarry]

Re: LVL LV Living

Even though I have sold out of this stock, I still follow it. The share price has held up well after the recent $1M loss. That was kinda expected and not much of a secret anyway.

2006 sounds promising for LVL along with their new venture, Lotus

Good luck to all holders.

 

[tech/a]

Re: LVL LV Living

You dont have to like a stock to trade it!!

 

[Kauri]

Re: LVL LV Living

Tech/a....35% is a great result, what was your signal to buy @ 10c?

 

[tech/a]

Re: LVL LV Living

Yes should have qualified that a bit.

On this move the hindsite indicators is handy.
I havent traded it and am using the chart as an example.
There was no signal to buy at 10c however the trade idea is for future possibilities.

But seriously 2 things if price does return to the 10c
level.
(1) Its old support--price stopped and reversed here.
(2) Its a round number 10c and where price trades in 1/2c increments rather than 1/10ths.
The stop of 9.7c is alo old support.

If it was traded Monday there is likely a possible 20% left in the move and a risk of 15% if old support of 10c is used.

To me these Numbers just dont stack up.
The risk is too high and the reward to risk is to low.

A good example of timing a trade.

 

[mikeg]

Re: LVL LV Living

Yes I agree, trade is a bit to risky for my liking. But worth keeping an eye on.

On the negative it has broken the short term trend line, and not much volume for the up day and it has hit resistance line.

On the positive it has bounced off the weekly trend line, also off the support line, which also coincides with the 50% reracement.

Chart attached.

 

[krisbarry]

Re: LVL LV Living

Booming again this morning...rewards corp deal must be just around the corner

** I DO NOT HOLD **

 

[markrmau]

Re: LVL LV Living

Ick! You did well to get out. Revenue up 16%. Loss up 136%.

Market yet to react.

 

[krisbarry]

Re: LVL LV Living

The market was well informed of the loss last month. Nothing new to report here.

Shareholders are in it now for the earnings, flowing through from the rewards corp deal.

** I DO NOT HOLD **

 

[krisbarry]

Re: LVL LV Living

LVL Ann.

Rewardscorp Secures Major National Retail Contract

Now this will be a good for all LVL Shareholders.

I DO NOT HOLD

 

[krisbarry]

Re: LVL LV Living

Nasty day for LVL sharesholders, support has gone.

If anything I thought the last annoucement would strengthen the share price.

What is so wrong with Retirement stocks?

Maybe we need to place uranium mines in them. LOL

 

[krisbarry]

Re: LVL LV Living

Ants in their pants, another change of address. Think this company has changed address' something like 4 times over the past 12 months.

Geeez oneday they may actually settle down and build some villages and get some income rolling in.

They seem to be way behind in their annoucement of the yield management business/voting/acquisition/issuing shares. Was meant to be completed in September.

Given up trusting this company!

 

[Retire]

Looking forward to making some cash out of LVL. It would appear from the latest $500 million dollar 'MyMurra" deal, that LVL are finally on the right track.

LVL's yield management business seems to be taking off quite well.

LVL is finally moving into positive earnings, which will reflect in a higher share pricve once a complete earnings guide is released.

Look out for the possible generic PBS drug deal too

 

[sandik17]

Looking forward to making some cash out of LVL. It would appear from the latest $500 million dollar 'MyMurra" deal, that LVL are finally on the right track.

LVL's yield management business seems to be taking off quite well.

LVL is finally moving into positive earnings, which will reflect in a higher share pricve once a complete earnings guide is released.

Look out for the possible generic PBS drug deal too

Any other thoughts about this stock...price is right??

 

[krisbarry]

I note the CEO (David Brown) has stepped down

 

[krisbarry]

Appears that LVL is coming back into fashion again. Intended buy orders are filling the screen and sell orders being cancelled. No action though....a bit strange

 

[krisbarry]

Interested to know if the latest budget will have an affect on LVL's share price. The 15% tax on super is to be abolished means that older Australian's have 15% more cash to play with. This extra cash will surely finds its way into the hand of companies such as LVL, any thoughts?

 

[krisbarry]

Trading Halt