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ALFguy

ALFguy

Trading gives me a headache
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What a ride this has had over June.

I know I'm stating the obvious with it being front runner on the stock comp for Lesm, but with a 37.5c start and a rapid rise to almost 60c, it's rocketed up today a further 27% to rest(?) at 75c!!

Just makes me sit wide eyed :eek:
 
opened at 97.5
high 1.41
presently trading at 1.20

drilling results coming out possibly this week
this has got to be the hottest stock on the board
so why are you guys ignoring it?
 
pussycat2005 said:
opened at 97.5
high 1.41
presently trading at 1.20

drilling results coming out possibly this week
this has got to be the hottest stock on the board
so why are you guys ignoring it?
Click to expand...

Drilling results out
see Ann 15/06/06

Too late for the excitement now
I'd want to be one of the sellers!
 
Although people are not discussing it, it does not necessarily mean that they are ignoring it.

From my side it is a purely technical selection using one of two new breakout systems that I have been developing and testing over the last couple of months.

Never even heard of them prior to them coming up in the exploration prior to this months competition.

Looks like it is running on steroids at the moment, but it has responded very positively to the recent announcements over the last couple of weeks.

They are expecting the results of recent assays to be issued later this week, so it will be interesting to see how the rice reacts.

It is possible that this may be starting to be factored into the price, based on thismornings activity, but time will tell.

Cheers.
 
Thx for your reply!

It's been a great stock to watch, each breakout is supported including this one which indicates to me that this is a buy and hold. Most day traders are being flushed out.

I'm holding and hoping to see it crack $2.00 on great assay results. :p:
 
Hey Pusscat, did you buy in today?

Can't predict where this one is going. Seems to be soaring a little fast for my liking.

Although good assays will only fuel interest.

Why oh why didn't I grab some earlier on!
 
pussycat2005 said:
I'm holding and hoping to see it crack $2.00 on great assay results. :p:
Click to expand...

The way this thing is going, it may do that without any results! :p:
 
Has this really gone from .25c to $1.30 in a month? Holy goat! Surely not!
 
Looking like a little rocket, $1.45 at the moment. Early high of $1.465.

Started at $0.375 at the start of the month.
 
High of 1.56 now....

I haven't been around long enough to say but has this kind of thing happened before? I had it in my head (for some reason) that no price could move this quickly!

Announcement due any moment.
 
As Lesm said a few days ago, just because people arent talking about it doesnt mean they are ignoring it ;)
 
ALFguy

Price movements like this can occur, especially in the lower end (price wise) stocks, where you can see stock price increase from 100% to 300%+.

They can also decreased in price as fast as they increase on occasion, in otherwords the prcie can turn on a dime, so to speak.

If I recall correctly, tech/a produced stats in this regard some time ago on the reefcap forum.
 
Market advised drill results expected 28-29th (next week).

"A further 20 drill holes have been completed since drill hole DORC 85 was reported. Drilling is continuing with rewarding success."

:D

Should peak buyer confidence.
 
ALFguy said:
Market advised drill results expected 28-29th (next week).

"A further 20 drill holes have been completed since drill hole DORC 85 was reported. Drilling is continuing with rewarding success."

:D

Should peak buyer confidence.
Click to expand...

This one will drop back quite a bit im pretty sure now

thx

MS
 
michael_selway said:
This one will drop back quite a bit im pretty sure now

thx

MS
Click to expand...

Think you're right Michael after watching this today, but can't see it tumbling too far.

With results out mid week, surely there will be some keen to get in on the action, which will help push this up. That's my newbie view anyway :)

Would love to hear a more experienced view of how and why this might fall?
 
Buy the rumour and sell the fact. It'll probably drop once everyone knows what the story is.
 
I see this gaining interest over the start of the week in light of a definite announcement.

I'll put money on it to top $2.00 before end of month. What am I saying....I have put money on it!!!

;)
 
ALFguy,

In an earlier post I mentioned that tech/a had produced some figures on the performance (%gain) of stocks. The discussion on this can be found at the URL below:

http://lightning.he.net/cgi-bin/suid/~reefcap/ultimatebb.cgi?ubb=get_topic;f=74;t=000002;p=2

Below are the figures produced by tech/a in 2002:

"145 Stocks at some time in the last 12 mths have risen 300%
170 have risen 250%
261 have risen 200% and
445 have risen 100%

There were NO stocks of more than $1 which rose 100-300% last year ...."
 
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