MUL - Multiemedia Limited

[brerwallabi]

Re: MUL - Where to from here?

Repeat, I got out of MUL, my hard earned was going nowhere, it was stagnating, i could do better in a bank, please no signs of anything happening, for those waiting for the next spike do some more investigative work and you will find that there is considerable better value around, yes the spike on the next good news might lift prices but you have been waiting waiting waiting, your money I suppose. Good luck, then i have AZR & FCN please check my hot picks if you doubt, thats where my MUL money went.
I have traded and held MUL - now no thank you.

 

[dmargon]

Re: MUL - Where to from here?

wow.. even more options issued. whats interesting is the price 2.7.. in the past its been above the current share price..

 

[dmargon]

Re: MUL - Where to from here?

oops i mean 2.8c a share..

 

[Bingo]

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

This is getting close. Due diligence takes a while. I just wondered if the timing of the issue of the options means it is very close.

Bingo

 

[tiggy7]

Re: MUL - Where to from here?

Mul jumped up another 4.41% last night on the Bank of New York to the highest since Dec now sitting at 2.37 maybe something is happening

 

[tech/a]

Re: MUL - Where to from here?

Maybe the yanks have got more money than brains!

 

[Porper]

Re: MUL - Where to from here?

Mul jumped up another 4.41% last night

Tiggy,

Hardly a big jump, but better than sliding ever downward.

I still hold these, my view is that it's a 50/50 call whether Mul go bust or turn the corner.On the plus side I think if a posotive announcement regarding profits is forthcoming of course there will be a spike but a lot of people have had enough and will sell at various levels, this will present a great opportunity to get in while the stock is still low.Obviously Mul has to do the business as in the profit forcast, and let's face it nobody knows.

 

[Bingo]

Re: MUL - Where to from here?

I believe that the Interim Report is due 25 February which should push the price one or the other. It has been trading in a very tight band. Is this accumlation?

Bingo

 

[brerwallabi]

Re: MUL - Where to from here?

the monies i got after selling MUL have been reinvested and i have currently a $3k gain, to get that in MUL i would have had to wait till it 4.5cps, I cant see it happening but i have been wrong many times before, watching closely but wont participate

 

[pinguen]

Re: MUL - Where to from here?

Well Mul will soon have to put up or shut up. I believe that they are due to report tomorrow or perhaps Monday. The moment of truth approaches.
Regards

 

[tech/a]

Re: MUL - Where to from here?

You know somehow I dont think it will make a scrap of difference to most MUL holders.

They've been living in hope for so long they will just to continue to trade that way.

Very few will follow brerwallabi's wise move.

 

[Bingo]

Re: MUL - Where to from here?

I bought more yesterday at 2.9c banking on a good interim report.

We will see tomorrow.

Bingo

 

[tech/a]

Re: MUL - Where to from here?

If it was going to be price shattering the market would have reacted to leaked/expected news well before now.
As there isnt any there hasnt been any reaction.As there wont be-----there wont be any reaction.

Still if you hold long enough it will either get going or get delisted.

 

[Porper]

Re: MUL - Where to from here?

If it was going to be price shattering the market would have reacted to leaked/expected news well before now.
As there isnt any there hasnt been any reaction.As there wont be-----there wont be any reaction.

Still if you hold long enough it will either get going or get delisted.

You seem pretty confident that there wont be any action tech A, you may have to eat your words on Monday or tomorrow.You are correct though, it will either have a dramatic increase or go bust.

I also agree with you (and I don't particularly like that) if the figures were that good these jokers would have leaked the news to their mates and there would have been a steady rise in price over the last few days.

I have learnt through Mul the hard way, lesson learnt wont make the same mistake twice.........Stop losses are a must !!

 

[tech/a]

Re: MUL - Where to from here?

Porper.

Its not a matter of being right or wrong.

Just that if its rising buy it and stay on it for as long as you can.If its falling then dont buy it and get out of it as soon as you can.
If its doing nothing then why buy it in the HOPE that it MAY do something!

Everytime I open this thread there is a new post on how there better be better news this announcement or reporting period,and the thread is 2 yrs old.

HELLO!!!!!

 

[Porper]

Re: MUL - Where to from here?

Porper.

Its not a matter of being right or wrong.

HELLO!!!!!

Well, you are incorrect there for a start Tech.It is all a question of being right or wrong !!

If you are right more than wrong you make money, simple as that.You do not need fancy software and charts to tell you this.

I am losing almost 30% on Mul at this time and as with other posters on here it may well be worth the loss so as to change the way we invest/trade.What we don't need is somebody up his own bottom coming out with sarcastic comments like your last one.

If you really want to help teach people stategies you need to be less destructive in some of your posts.

 

[tech/a]

Re: MUL - Where to from here?

Get a grip.

This rubbish about being up myself is just damned tedious.
People like you my friend need a reality check.

I call a spade a spade.
Frankly Ive been moderate in critisism of many of those posting about MUL.

The whole thread is an education in how NOT to trade.Someone here started a thread on MUL on Reefcap a site full of knowledgable traders who must be up their bottom as well as the ONLY supporter of the stock was the original poster.


http://www.reefcap.com/ubb/Forum43/HTML/000053.html


There is a good chance that many trading MUL will never be profitable traders as they will not be able to see the wood for the trees.

And its NOT a matter of being right or wrong as I can show you how you can be right 70% of the time and lose money particularly if you allow your losses to fall 30%!!!!!

Out of interest would you ever sell out of MUL?,and if so when?

 

[dutchie]

Re: MUL - Where to from here?

Common fella's keep it civil.

Tech/a that last question you asked is a good one.

You obviously have a disciplined approach to trading (cut your losses and let profits run) and cannot understand when people do not seem to follow these simple concepts.
If you are a serious trader (especially if it is your only income) then you should always follow them.
I agree with that and I am sure nearly everyone here does too.

On the other hand we all have our foibles and sometimes become emotionally connected to a share. This is just part of life and is only dangerous if all trading is done with emotion.

But there is room for both. People have different levels of emotional connection. It may be no shares or one share or two or 40% of trades or 80% of trades - what ever.

Technically speaking and if you want to maximise your profit it should be none.

If you want to have some emotional imput somewhere then maybe it can be at least one share etc. - as mentioned in many other threads it has to be what fits with you!

Hope I have not rambled on too much.

What is important to me though is that I appreciate the imput of all posters - some I agree with some I don't, some enlighten me others amuse me - its all good stuff whether your a newbie like me or a pro.

So everybody lets cut out the bad language/ sarcasm etc and instead appreciate the diversity of different ideas/views.

Variety is the spice of life.



PS My foible is BHP - I love it!

 

[Porper]

Re: MUL - Where to from here?

Get a grip.

This rubbish about being up myself is just damned tedious.
People like you my friend need a reality check.

I call a spade a spade.
?

I am glad you call a spade a spade as you can see I am the same.I will not however get into personal insults, I have a more interesting life than that.

Please enlighten me as to your meaning of "people like you", you know nothing about me and I certainly don't want to know you any better than I do already.

Now to your question.

I will sell Mul soon after the announcement ( unless it is very posotive and the price sky rockets) when I will let it run.Not very likely but let's face it you don't know any more than anybody else.

I have admitted many times I got MUL wrong, stop losses blah blah.I am quite happy selling Mul at a huge loss if necessary, my portflio will more than make up for this small loss, and like I have also said many times I have learnt a important lesson with this mistake.

So Tech, yes I will sell MUL even if it drops to one cent tomorrow, no problem, I will not hold it "just incase" like a lot of investors will. What little I may get back I can top up my holdings in NMSO or NOGOC.

Everyone have a nice weekend.

 

[kooka1956]

Re: MUL - Where to from here?

Interesting reading some of the immediate previous comments. Over the years I have found MUL to be a great trading stock with at least 7 or 8 opportunities to make a substantial % in a short period of time. Thats why I am still a holder at the moment, but I have taken profits a number of times and bought back in when price has receded.When the next run happens I DON'T WANT TO MISS THE BOAT. If this stock ends up being wallpaper,so be it, I have already made my profits, but I find the stock interesting and the potential enormous.Unfortunately some posters only look at the short term in trading.I disagree with tech/a once again with the comment 'THE WHOLE THREAD IS AN EDUCATION IN HOW NOT TO TRADE'. MUL has actualy showed me the opposite,however patience is needed. Regards KOOKA