Global Eagle Entertainment Inc. (fka GEENQ)

[interloper]

ENT sitting right on support, Friday candle is not a comforting image. This may have more red days before it turns upward , if it ever does.

[justdafactss]

No doubt there's a computer program manipulating the bid/ask.

No human could sit there and Chinese water torture the ask down all day.

If volume comes in and it breaks .76 it'll run.

[Halks1122]

Institutions use computers. That’s why if we break thru the .70’s we’ll be on a fast track to $1 because it’ll trigger buys. Imo of course.

[justdafactss]

Yep, one of the institutional shareholders is daytrading/flipping it.

[Halks1122]

I think it needs to break .75. Strong resistance there.

[headsortails2066]

$ENT normally gets strong after lunch.
Good start so far.

[headsortails2066]

Break .73-.74 cents and we will spike toward .80 quickly.

Almost happened the other day.

[Halks1122]

How can you tell? I’m not good with options.

[justdafactss]

Looks like someone is betting $1+ next week when the call options expire next week.

[Halks1122]

I’m going to stash this one away. It’ll pay off, imo.

[TradeSmart.ai]

Indeed...$ENT

[justdafactss]

Thanks. Looks like somethings up.

[headsortails2066]

Looking for quick bounce! There is reason for this company with almost a BILLION in annual revenues to be at .67

[TradeSmart.ai]

Ohhhh very nice find $ENT

[justdafactss]

Who is the "premium global airline" which awarded ENT a "major new contract" that is "one of the largest CSP accounts in the world"?

Turning now to Media & Content. During our last call, we announced new or expanded deals with several major global airlines. These all kicked in from January 1, so you'll see the benefit in our first quarter numbers. These contracts will more than offset the fourth quarter loss of a Middle Eastern Airlines that chose to economize on content spend. Driven by our new technology innovations, our momentum in Media & Content is strong. In fact, we have recently been awarded a major new contract from a premium global airline. In fact, we've captured one of the largest CSP accounts in the world. We will use our technology to realize this airline's ambitious vision of media personalization, quality and timeliness. We'll be announcing more details of this award shortly, and we expect this contract to start in mid-2019.

https://finance.yahoo.com/news/edited-transcript-ent-earnings-conference-015919835.html

[Halks1122]

It’ll pay off. I’ll be patient.

[interloper]

I doubled down yesterday

[Halks1122]

It’s only a short matter of time imo.

[TradeSmart.ai]

Massive buying all day. Should break out soon enough. $ENT

[TradeSmart.ai]

Yupperz let’s see if we break $1.00 today $ENT

[TradeSmart.ai]

Yes! This should be trading at $2.00+ $ENT

[Halks1122]

Lots of room to run!

[headsortails2066]

These guys should be worth $$$$
RSI at 22 .... this has room to run!

[TradeSmart.ai]

Welcome anytime glad to have gobbled some at these levels! $ENT

[Halks1122]

Nice work! Thank you!

[TradeSmart.ai]

2018 Full Year Revenues: $647,000,000 4.5% Increase Year over Year
Adjusted EBITA $73,100,000
7.5% Increase Year over Year

2018 4th Quarter Revenues: $160,600,000
Adjusted EBITA of $17,000,000

Equipment Sales grew 34.5% Year over Year

150 New Aircraft installations forecasted for 2019

Institutional Ownership at 73%



Tons of Insider Buys from May, 21st to June 11th last year $10,742,000 worth of shares bought, tells me something that was in the making that could potentially take a year to resolve or complete is possibly coming up. Only thing that has me puzzled is the immense PPS drop recently.

https://seekingalpha.com/article/4248961-global-eagle-entertainment-inc-ent-ceo-joshua-marks-q4-2018-results-earnings-call-transcript

Here's some other DD:
1. CEO's goal is to achieve positive free cash flow by 4th Quarter 2019
2. Installation pace doubled from 4th Quarter 2018 to 1st Quarter 2019
3. January launched commercial service
4. 15 Air France aircraft in live service
5. Free messaging alongside paid browsing packages which offer over 300 movies and TV episodes
6. Touch Free via Satellite
7. 100+ Connected devices each flight
8. Launched Q1 2019 Captive Portal on SouthWest flights that saw a 40% jump in devices accessing the portal
9. Lauching Wi-Fi and TV support for Southwest Hawaii routes
10. Launched paid services on Norwegian flights in 4th Quarter
11. Signed new contracts with Norwegian and Disney cruise-lines

Much more in Transcript please read it.

[TradeSmart.ai]

Will be making a DD packet tonight $ENT

[TradeSmart.ai]

Tons of Insider Buys from May, 21st to June 11th last year $10,742,000 worth of shares bought, tells me something that was in the making that could potentially take a year to resolve or complete is possibly coming up. Only thing that has me puzzled is the immense PPS drop recently.

Here's some other DD:
1. CEO's goal is to achieve positive free cash flow by 4th Quarter 2019
2. Installation pace doubled from 4th Quarter 2018 to 1st Quarter 2019
3. January launched commercial service
4. 15 Air France aircraft in live service
5. Free messaging alongside paid browsing packages which offer over 300 movies and TV episodes
6. Touch Free via Satellite
7. 100+ Connected devices each flight $ENT

[TradeSmart.ai]

Any kind of news and this thing goes flying $ENT

[Halks1122]

Look at the RSI. I watched level 2 pretty closely these last few weeks and it was blatantly being held back. Like I said; it wants to fly.

[TradeSmart.ai]

Grabbed a chunk somethings going on here volume outta nowhere $ENT

[Halks1122]

Looks at her go! She wants to fly!

[Halks1122]

We ready for lift off?

[Halks1122]

Do we break and hold the seventies tomorrow??

[Halks1122]

Yes I can see it...Thanks for sharing. You have a few indicators that I’m not all that familiar with, but will read up on. TRIX combines trend and momentum which I like. I think the MA (5) will flatten on early next week, and if we close above the MA (13) I think we see a big time reversal.

[interloper]

I would like to see the 5ma flat and turn up soon. It should be closer to the 13ma. I like the bullish divergence (annotated on chart) between the TRIX and past price movement. Are you able to see chart?
ENT Daily chart

[interloper]

After today action it sure looks like it, but these pinchers can drag out longer than expected.

[Halks1122]

This should be on a lot more people’s radar, imo.

[Halks1122]

Nice AH movement. Should be a solid week next week.

[Halks1122]

I think the bottom is in. Let’s party.

[Halks1122]

Doji?

[interloper]

Yesterday’s candle is a bullish reversal candle.

[interloper]

Will they tank further? Or do they want to take it up now. Your post is almost a year old now. What is the INTS ownership now?

[aristotelisonassis]

long!

[Halks1122]

1 month RSI is 12.86. Wayy oversold

[Lehrjet]

Been averaging down past couple days the charts are looking good shorts might want to start covering

[exisnet]

Damn, looking ripe... OW for bounce

[Halks1122]

Wayyy oversold. Institutions bailed but I believe it will creep up in the next few weeks.

[Awl416]

Pretty nice volume today. What gives

[Halks1122]

I don’t believe I’ve ever been in a play with a 1 month RSI of 11.45. Guess I’m going to have to hold this one for a little.