Australian (ASX) Stock Market Forum

TNY - Tinybeans Group

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verce said:
Can we get an updated chart or Twiggs money flow from anyone?

Cheers
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Not really into Twiggs …. however I do like to muse:D

The Chart is a bit messy …. but so is my Office:p

A buck 18 is excellent … .even a buck 15 is fine.

Back under the gap open price ($1.13) not what we want ….. but for longer term millionaires, a few months is no big deal;):D

TNY 16MAY2019.jpg
 
barney said:
Not really into Twiggs …. however I do like to muse:D

The Chart is a bit messy …. but so is my Office:p

A buck 18 is excellent … .even a buck 15 is fine.

Back under the gap open price ($1.13) not what we want ….. but for longer term millionaires, a few months is no big deal;):D

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I have no idea what is going on here but I love it nonetheless! :D
 
I absolutely love the idea that we each get to own a piece of a technology company in New York that is about to become cash-flow positive, and can rely purely on its own income to fund operations for just a measly ~40m AUD market cap. With massive potential for scaling profits in the future.

If you are fortunate enough to have shares in this company, you are in a very exclusive club indeed!

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verce said:
Holding up well today. I feel like the Twiggs Money Flow would be positive now.
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As tech suggests, Twiggs is probably not going to give much idea in assessing what's happening here.

More importantly, a lot of todays Volume (all the circles) traded late and all at the closing price of $1.40 which puts a Bullish tone into the days gyrations …. $1.40 region will need to generate into support over the next few days for confirmation of course.

An updated Substantial Holder announcement or a Top Twenty update showing accumulation from the rank and file holders would give the current move extra clout. Either way, there is still interest at these higher levels which is positive till proven otherwise.

Certainly been a stellar move so far:smug::woot:

TNY 18may2019.jpg
 
Gringotts Bank said:
Are you going to take some profits around $1.62 (looks like it will happen) or going for a long term hold?
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I’m more inclined to hold long term and that was always my plan. I’m a strong believer in letting your winners run when you find them.

No need to rip out the flowers and water the weeds!

Things have only gotten fundamentally stronger with the recent announcement of machine learning and big data, while still respecting the Tinybeans promise of privacy.

I think it is an exciting time to be a holder. You don’t often see companies like this with huge potential for scale on the cusp of profitability for a sub 50m market cap.
 
barney said:
As tech suggests, Twiggs is probably not going to give much idea in assessing what's happening here.

More importantly, a lot of todays Volume (all the circles) traded late and all at the closing price of $1.40 which puts a Bullish tone into the days gyrations …. $1.40 region will need to generate into support over the next few days for confirmation of course.

An updated Substantial Holder announcement or a Top Twenty update showing accumulation from the rank and file holders would give the current move extra clout. Either way, there is still interest at these higher levels which is positive till proven otherwise.

Certainly been a stellar move so far:smug::woot:

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Can you please clarify what you mean by updated Top 20 showing accumulation from rank and file?

Am I correct in assuming that it is a good thing if the Top 20 have not changed?

Cheers @barney
 
verce said:
Can you please clarify what you mean by updated Top 20 showing accumulation
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Yeah no worries Verce …… The Top 4 Holders of TNY hold 50% of the Co. and the Top 20 hold over 75% as you have pointed out.

If any of these chaps/companies have actually been purchasing more on Market as the price has been rising, that would be a massive vote of confidence and good news.

If any of the Major Shareholders have been buying, it should be released as a change in substantial holding announcement which would be a statement to the Market that things are traveling well.

If the Top 20 haven't been buying but simply holding, then all the recent heavy lifting is being done by New Players or Traders …..

This is still fine … but the preference for you as a longer term holder would be for "new investors" to be taking a stake in the Co. and the day/short term traders to be "helping" the price along as part of the process.:)
 
All that aside … in the end, the Company's share price will eventually reflect what they are worth. At the Spec end of the market, stock prices can often get inflated and overshoot their value (at a particular point in time) ……

If TNY aren't making "X" amount of revenue compared to their market cap, there will be a time when the share price will likely stall or retreat …..

If you are a long term holder … you may just wear it and ride the roller coaster (its a high quality roller coaster at the moment:D

If you are a medium term investor … you may take some profit off the table as @Gringotts Bank suggested as a possibility.

Short term "investors" are great for spiking the share price around and can sometimes fool medium/ long termers into buying when they should be selling … or selling when they should be buying;) lol


You are in an enviable position of holding a nice profit with a Co. that looks like its on the move and has a small Market cap with a tightly held register … lots of positives …. How you play it from here only you can decide …. :cool::)
 
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