Australian (ASX) Stock Market Forum

TNY - Tinybeans Group

Jump to new
verce said:
I imagine the stock will eventually start trading in the $3 - $4 range when people wake up.
Click to expand...

I have no idea how to value the Company …. but if it does trade to $3 or $4 …. I will be very pleased to give you the appropriate amounts of a high fives:cool: …..

Bear in mind I still expect a gold pass to the booze up:D
 
Given the highly targeted nature of the app to the lucrative millenial parent demographic, the value of each user is probably far significantly higher than comparative social media companies. So 100m market cap should be easily attainable in the medium-term.
 
verce said:
I much prefer this supportive forum to the 'other' one I won't name. Dealing with perpetual trolls is frustrating at times.
Click to expand...

Well, goodness me Verce, what a wonderful week TNY has had and a new cool dude avi as well! Excellent! :joyful:

Let's look at Friday's figures 334 trades for $789,785 averaging $2364 per trade, still only sticking their toes in but look how many toes are being wriggled around now! ;)

I do hope you have done a bit of an air punch with all of this fun. :xyxthumbs:D

Now to the serious bit, the chart. Excellent volume spike of 746,973 and this is inflow this time looking at the Twiggs Money Flow. I would like to see a bit of a retrace in order to shake out any doubting thomases, not sure if it will happen, it feels like it is having too much fun with ship loads of energy.
Let's take a step back and look at it from its beginning with an End of Day chart. This chart only shows what price it closed, all the 'noise' of highs and lows are quietened. On August the 8th '17 just a few months after it listed it got excited and closed at $1.15. This is now the price which needs to be overcome. It is called a 'double top'. When TNY reaches this price level at a close, there may be a retrace but with TNY and its flow of great news which is not bedtime story stuff, this is good information of not, gunna...but actually dunnit! Let's see how it goes this week. I have put in a red resistance line. I see it as having over-reached itself but I sure could be wrong.

tny 26.4.19.png
 
Ann said:
Well, goodness me Verce, what a wonderful week TNY has had and a new cool dude avi as well! Excellent! :joyful:

Let's look at Friday's figures 334 trades for $789,785 averaging $2364 per trade, still only sticking their toes in but look how many toes are being wriggled around now! ;)

I do hope you have done a bit of an air punch with all of this fun. :xyxthumbs:D

Now to the serious bit, the chart. Excellent volume spike of 746,973 and this is inflow this time looking at the Twiggs Money Flow. I would like to see a bit of a retrace in order to shake out any doubting thomases, not sure if it will happen, it feels like it is having too much fun with ship loads of energy.
Let's take a step back and look at it from its beginning with an End of Day chart. This chart only shows what price it closed, all the 'noise' of highs and lows are quietened. On August the 8th '17 just a few months after it listed it got excited and closed at $1.15. This is now the price which needs to be overcome. It is called a 'double top'. When TNY reaches this price level at a close, there may be a retrace but with TNY and its flow of great news which is not bedtime story stuff, this is good information of not, gunna...but actually dunnit! Let's see how it goes this week. I have put in a red resistance line. I see it as having over-reached itself but I sure could be wrong.

View attachment 94151
Click to expand...

Thanks Ann!

Today was another solid day with decent volume. It's nice to have an investment thesis confirmed by the market. No idea what will happen tomorrow, but I'm still holding!
 
verce said:
No idea what will happen tomorrow, but I'm still holding!
Click to expand...

As you should be Verce ;) ….. Price action today confirms last Friday's rise ..

Profit takers have been accounted for and a substantially higher close:) …

Anyone in at 40 cents is sitting pretty:cool: …

Technical players may lock in $1.03 as a stop loss area … so stronger hands may target that area to pick up weaker hands if they get the chance ….

On the flip side, if $1.12 holds with support … it will be up from here yet again …. and the booze up will get closer by the day:p
TNY 29April.jpg
 
Another perhaps slightly opposing view.

My technical view is that it has currently run its race.
There has been enormous effort to push over $1.20
and it has fallen short.
( I think under $1 in the next few days (3)).

TNY.gif
 
With TNY, who knows what might happen. It has been running very hard and could use a breather. I am getting up close and personal with TNY today and looking at a one month chart. The volumes are still very good and the money flow is still going inward. The Positive Volume and Negative Volume Index are both well and truly in positive territory. One thing I am seeing on the chart today is a candlestick pattern from yesterday called a 'spinning top' which is sitting on top of a rise. This is suggesting the bulls may be running out of steam and we could see a fall back in the price level. Having said that, let's see what TNY whips out of its announcement box.......SURPRISE! :D

tny 30.4.19.png
 
barney said:
Technical players may lock in $1.03 as a stop loss area … so stronger hands may target that area to pick up weaker hands if they get the chance ….
Click to expand...

At that $1.03 already today ….. Kind of expected ….. This level should give a better idea where she heads from here.
 
barney said:
At that $1.03 already today ….. Kind of expected ….. This level should give a better idea where she heads from here.
Click to expand...

Coming back on low volume an opportunity to lock in profit then watch with a buy at $1.22 if it blasts through there.
My feeling is that its tested the $1.20 high and failed. so the smart ones are maximizing quick gains.
 
tech/a said:
Coming back on low volume an opportunity to lock in profit then watch with a buy at $1.22 if it blasts through there.
My feeling is that its tested the $1.20 high and failed. so the smart ones are maximizing quick gains.
Click to expand...

Where were these “smart ones” when this was 30 cents a share? :p
 
Buying if they were smart.
Im just a dumb Duck so Im just watching.

Daffy Dumb.png


Actually the smart ones ---Had they seen it would have bought at 50-70c
The Dumb lucky ones at 30 cents
 
tech/a said:
Buying if they were smart.
Im just a dumb Duck so Im just watching.

View attachment 94211

Actually the smart ones ---Had they seen it would have bought at 50-70c
The Dumb lucky ones at 30 cents
Click to expand...
agree totally
bought weetbix and tinybeans (WBT TNY) pilots last year solely on the basis that the names made me smile EVERY time i said them .... and still do. I do not actually care if they go up - i just like saying weetbix and tinybeans.

(i know it is not weetbix - but weetbix is what i say to have a laugh - I own "weetbix and tinybeans")
 
HelloU said:
agree totally
bought weetbix and tinybeans (WBT TNY) pilots last year solely on the basis that the names made me smile EVERY time i said them .... and still do. I do not actually care if they go up - i just like saying weetbix and tinybeans.

(i know it is not weetbix - but weetbix is what i say to have a laugh - I own "weetbix and tinybeans")
Click to expand...

If you've bought enough and they go high enough
There will come a time when you'll actually CARE
 
i hear u but alas not (not really)
was minimum parcel ..... and did not care ...... i truthfully just smile at the names weetbix and tinybeans.

(bit like i cannot say 'penis' out loud without laughing - but for another thread perhaps)
 
No stock goes up in a straight line forever.

I never made my money based on what everyone else is doing. My conviction remains the same and nothing has changed fundamentally, so why sell?
 
(1) To lock in exponential profits
(2) To avoid further loss.
(3) To wait for another buy opportunity and buy more
From your profits a a far better price.

Today you had ample opportunity to close out with 20% more
Than at the close. Tomorrow that maybe 40% or 0%

What your doing is right for you.
 
This is a hobby of mine (at work all day) and I can't time the market and sell at the peaks and buy back in at the troughs.

Easier to just hold from a tax perspective too.
 
Holding for tax reasons is not necessarily wise.
Your valuation could be very wrong.

If you can read the posts through the day
You can adjust your trade.

Good luck
 
Top