Australian (ASX) Stock Market Forum

MUL - Multiemedia Limited

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Re: MUL - Where to from here?

Not really qualified to throw my 2 cents in, but... :2twocents

Looks like MUL will go up in the short term but I wouldn't buy until volume and upward momentum starts.

For long suffering MUL holders, I think that within the next month or two, the price will shoot up.

Then again, don't listen to a beginner.

Cheers :drink:
 
Re: MUL - Where to from here?

Fleeta said:
I've always wondered why there has been so much interest in a stock that is going nowhere fast...how about the opportunity cost in a bull market. You guys are losing more than your capital.

Fleeta,

We all buy stocks because we think they will go up. The fact that we have different opinions is what makes a market. You may just be a better judge than others, and what you buy may do better. I assume your comment that MUL is going nowhere fast is a prediction about the future, because if it about the past it hardly adds any value.


Bingo
 
Re: MUL - Where to from here?

Keep em coming guys :)

Every few months or so the MUL thread gets back to life which is interesting to see but there really hardly ever is something new in all the postings. Those not in MUL keep up the jokes, those holding it keep speculating about news that may be around the corner.

In fact, Tech is right in saying that MUL is not a good short term investment at all. It pretty much sucks big time and if you're still holding because you're waiting for the next run then you are REALLY missing out on other plays like JRV indeed.

they all seem to have bought at lower than 2c which means they bought around June 83.
June 83 seems a bit far fetched. I assume you tried to type 03 but it didn't quite turn out that way. :)

Holding MUL for 1.5 years with a return of 30 or 40% or whatever % it currently is somehow doesn't sound that bad to me and certainly keeps me holding. Whether or not the method of holding for my given time frame will return a better result than cashing in on the 600% spike still remains to be seen.

Anyway, keep the thread alive...

Happy trading

Stefan
 
Re: MUL - Where to from here?

hi all

well i have openned a can of worms haven't i.

the charts and tech data of today and all the days before give the history of the company.
the fundamentals and the reading of the tea leaves predict the future [and we all would like to be very good at that] however that is where we all make or lose money on the stock market, because once you have bought a stock and you are in there is no garrantee that it will go forward and you will make money. even if it does you then have to decide where to get off and capitalise on profit before the pullback hits and it usually does.

sometimes it takes a little longer than we all would like however if you are comfortable with you position then who are others to judge.

JRV has had a lower close than openning on the last 2 days of trading. MUL hasn't. tomorrow is friday usually not a good day for holding on close but as we sit atm it is the future and who knows what will happen.
we will have to wait and see, and we can all talk about it over the weekend.

i am trying to be polite here because AUSSIE STOCK FORUMS is a great site where traders join to share info and make money. rome wasn't built in a day my first quid didn't come that quick either.

TECH if i was a big breasted sheila you wouldn't be getting any winkle pop for the next month, however i still very much value your input to this site you have a lot to offer
croc
 
Re: MUL - Where to from here?

JRV has had a lower close than openning on the last 2 days of trading.
Croc, that's true but if you're actually in for the quick profit as a daytrader then you would have had a few marvelous chances over the last few weeks while MUL just did nothing at all, leaving your capital pretty much sleeping while it could have been working much harder.

It all comes down to whether you are a daytrader having to create an income. If you are then MUL has shown no sign to keep your money in it and Tech is right. Whether these sort of comments have any value over a period of 2 years remains to be seen.

Happy trading

Stefan
 
Re: MUL - Where to from here?

Stef/Croc.

Regardless of timeframe a 40% rise in anything is pretty good.
But to get it in a few days is exceptional.
I dont daytrade,but my interest in short term trading has been rekindled by some of the prospects discussed here.

Point is allocation of funds could be better than MUL.

If it does rise Im sure youll hear about it soon enough to make a $$ but in the meantime why have $$s sitting idle?
 
Re: MUL - Where to from here?

stefan
i know MUL has shown no sign for a while of any increase like you i hold and wait for further announcements in the lead up to profit. basically what i'm saying is noone is selling MUL down atm and the sp is holding its own on very low volume whereas in the past it has dropped [which it still might do]

tech is right about other opportunities being available they are all about timing. if you get it right then there is money to be made, if not kick in the stop loss. in my case with MUL didn't get the last buy right, in @ 3.5c so i'm prepared to wait leaving my funds tied up. i think i will still make good money but time will tell.
i well know your position

regards croc
 
Re: MUL - Where to from here?

hi all
sorry to have to say this for those who don't like or hold MUL but something is about to happen.

looks like i miight have been right after all.

regards croc
 
Re: MUL - Where to from here?

Certainly looks that way. How about a takeover of another party. What I find difficult is that such a course could be negative.

Bingo
 
Re: MUL - Where to from here?

I don't make wild guesses, but then I don't know because until something is announced you can never be sure.

A bit of each.

Bingo
 
Re: MUL - Where to from here?

Very strange.. someone splashing a million bucks on MUL on a friday afternoon!! can't be day traders.... it's educated money... guessing, it might be contracts for Airworks or newsat..with all the money around for Tsunami relief...MUL should pick up some work on the way.. wait and see
 
Re: MUL - Where to from here?

i agree with you funnyone time to wait for the announcement

croc
 
Re: MUL - Where to from here?

You Guys seeing the size of these trades ... if no announcement today... Monday is going to be very interesting...hold on to your seats...
 
Re: MUL - Where to from here?

I read that some people wanted to get out on the next spike. I am interested from the psychological angle if you will be able to sell...or have you invested so much emotion in this stock that you can't let it go...
 
Re: MUL - Where to from here?

Markrmau,

I will definitely sell, but I want 4.3c. You are right this is a stock that, at least on this site, can get the emotions going.

Bingo
 
Re: MUL - Where to from here?

hi all
well well well after all that nonsense earlier on what a good finish to the week for MUL up 10.34% for today and the week as well.
next week looks very interesting at this stage.

i refer the critics back to my post 5- 01-05 where the can of worms was openned. that's the day where it changed.

we all know the fundamentals the rest is up to how you interperate the t/as, this is where you win or lose on the market.

don't get me wrong because it isn't easy and you don't always get it right it all comes back to learning from your mistakes. like no other there is no better teacher than the stock market and it hurts when you lose

good luck from here with MUL

croc
 
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