ADY - Admiralty Resources

[rub92me]

Big sell off again today in the late afternoon with some big player(s) dumping 2 million shares in 10 minutes. Looks like we need a bit more patience for this to return and stay above 50 cents.

 

[kerosam]

ADY makes an apperance in Top Resource stocks 2008- An australian investor's guide to 100 Leading mining, energy & resource stock (Wrightbooks).

note: i don't hold ADY anymore

 

[villemus]

ADY Dropped another 7% today....

anyone know what happened?

I don't see any bad announcements.

 

[AussiePaul72]

ADY Dropped another 7% today....

anyone know what happened?

I don't see any bad announcements.

IMO I think it was just a result of the significant down day across the market. I'm holding and if i had some spare cash would be tempted to buy some more at 43c

 

[Trader Paul]

Hi folks,

ADY ..... expecting some positive news, around 19-20122007,
as 2 positive time cycles come into play and lift ADY off any
lows made today .....

happy days

paul



=====

 

[STRAT]

Hi folks,

ADY ..... expecting some positive news, around 19-20122007,
as 2 positive time cycles come into play and lift ADY off any
lows made today .....

happy days

paul



=====

Hi Yogi/Paul. Thats good news. Topped up this morning ............................................

 

[nikki]

Hi folks,

ADY ..... expecting some positive news, around 19-20122007,
as 2 positive time cycles come into play and lift ADY off any
lows made today .....

happy days

paul



=====

wat da?

what are positive time cycles? you have intrigued me with your predictive powers?

hmmmm - have to write more? hammered at .4 this morning. i wish i had the guts to have bought more because out of many small caps i watch i have the most confidence in this one for 2008?????

 

[Trader Paul]

Hi folks,

ADY ... nice hammer low made today, ahead of good news, expected
over the next couple of days ...

Buy 438.1T 45 Sell 356.7T 45.5

Last 45.5 up 2.5 5.8% 3:58 pm

High 46.5
Open 42.5
Volume 24,940,430
Low 40
Prev. Close 43
Turnover $10,995,342

Good volume with a significant hammer candle ..... for cautious traders,
a close above the high of today's hammer will confirm today's low.

happy days

paul



=====

 

[yangxh]

ADY makes an apperance in Top Resource stocks 2008- An australian investor's guide to 100 Leading mining, energy & resource stock (Wrightbooks).

note: i don't hold ADY anymore

kerosam, please give verifible source of your words. Where did you get this? It is certainly interesting to everyone here.

 

[kerosam]

i got the book from borders in the weekend. its a list of 100 resource companies in a book which expands (on one page) on their fundamentals.... and i'm afraid there is no 1cts to 49cts company in it (ADY was above 50ct when at print).

have a look at your local good bookstore e.g angus & robertson, dymocks or borders.

 

[AussiePaul72]

Hmmmmm .......interesting!! Did anyone else see what just went through?
After trading most of today below 0.44, all of a sudden a trade of 600,000 just went through at 0.44 (thats $264,000 worth!!) ... and then straight after that trades dropped back to 0.435.
A little out of my league of trading .... wonder what triggered that? Ideas?

 

[nikki]

hey aussiepaul, happy new years!!

i wasnt watching today but it is interesting because the same thing happened the last trading day as well (was it friday or thursday). the difference, the 600000 came in the closing auction.

there has been a lot of cross trades and big purchases but then a lot of big dumps too - so not sure what to make of any of this???

wait and see i guess!!

cheers

 

[rub92me]

I think we're nearing make or break from a short term perspective. Will it break up or down, that's the question (2b or not 2b?) :

 

[rub92me]

Looks like break down now - the overall market sentiment not helping of course. Still, relatively low volume so it doesn't look like everybody is rushing for the exits just yet and could bounce back quite quickly. Would like to see some further news about timing of the demerger, progress with the Lithium production and sales contracts, etc. to give this a lift again before it breaks down too far.

 

[nikki]

hi rub92me,

i am continuously surprised by the games that are played with this stock. two days ago someone was manipulating sellers to accumulate at .415 and today there is hardly any buyers bidding at .39 and .395. obviously the experienced ady traders are expecting a sharp sell off to accumulate.

i am surprised that there are traders out there still selling @ 0.4. i assume they are selling at a loss at this stage???

i entered ady late and so i am sitting at a loss but believe in the fundamentals in the current changing market and think that in 12 months this stock should beat the XJO and XAO if i can cope with the volatility.

are you still holding or waiting to buy back in? cheers, N

 

[rub92me]

hi rub92me,

are you still holding or waiting to buy back in? cheers, N

I bought most of my holding below 9 cents with a 3-5 year view. The only thing that changed that original plan is the demerger. I may redistribute my investment in the component parts depending on how the market values these parts initially. I've become used to the sometimes extreme volatility of this stock and am now almost immune to it.
I have traded the volatility with smaller parcels though and plan to do so again if the opportunity arises. Hasn't broken down completely yet in my view though, so still on the sidelines. If it does break down, it could go down as far as mid to low thirties though based on how I interpret the chart, but would expect/hope for a quick rebound from there.

 

[nikki]

I bought most of my holding below 9 cents with a 3-5 year view. The only thing that changed that original plan is the demerger. I may redistribute my investment in the component parts depending on how the market values these parts initially. I've become used to the sometimes extreme volatility of this stock and am now almost immune to it.
I have traded the volatility with smaller parcels though and plan to do so again if the opportunity arises. Hasn't broken down completely yet in my view though, so still on the sidelines. If it does break down, it could go down as far as mid to low thirties though based on how I interpret the chart, but would expect/hope for a quick rebound from there.

in that case, selling for you would be expensive with the amount of CGT you would need to pay. i for one have collected such huge volumes of losses that i do not think i am worried about CGT on any trade???

although ady is holding .4 the selling interest is remarkably strong. do you think those little parcels that are sold @ .395 are meant to be triggers for stop losses?

the last time it went below 0.4 it took a while to get past that resistance. lets hope it does not have to worry about 0.4 as resistance?????

best wishes, N

 

[nikki]

what a terrible closing auction considering the weighted average for the day was .4011. it did not take many shares to close the SP @ .395

positives: only a few large volumes were sold into .395 otherwise most of the trades were purchases of .4 - so support above .4 is still strong!! the volumes sold into .395 would not have been high enough to trigger stop losses though!

the rsi is the lowest it has been for this stock (except that exceptional day in august) - so, i would expect a buying signal on that alone? however, selling volume above .4 is exceptionally high given the oversold signals i am getting?

hmmmm - lets hope the DJIA gives us a break for a week and PT releases a couple of good announcements.

even though i am holding as an investor i have not enjoyed the downtrend?

 

[rub92me]

I think stop loss orders have started to kick in now - low of 36 cents today (so far? ). Hoping for a better week next week, or an opportunity for the long term believers if it spikes down again as it did in August.

 

[skating101]

ive been in since october at between 34 and 37 cents and watching this drop is depressing especially seeing as it has been hit a lot harder than the market in general and seeing as this company should have limited exposure to the subprime lending crisis i guess im waiting till it climbs again then im out.