Australian (ASX) Stock Market Forum

AEX - Acclaim Exploration

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analyst
i got in at 2.3cents for 200k shares and unfortunately had bids for 400k more but the price jumped too far ahead
i wish i had put more than pocket money on it now, but as i bought in early january there were holiday bills to pay!
if you followed Paladin you would be aware of the skepticism that surrounded its early days
these will not pervade Acclaim as the news is out and its good - there really is viable uranium in the district
more drilling required, and it usually shows "more" uranium, not less, as prospectivity remains good in its tenement
as crackaton notes, 11,000tonnes of uranium is ready to go radiactive for stock holders - i'm excited!
 
i'm reading and enjoying your banter guys, starting to get a better understanding of it all (i'm a newcomer)

So does aar look promising?
 
rederob said:
analyst
i got in at 2.3cents for 200k shares and unfortunately had bids for 400k more but the price jumped too far ahead
i wish i had put more than pocket money on it now, but as i bought in early january there were holiday bills to pay!
if you followed Paladin you would be aware of the skepticism that surrounded its early days
these will not pervade Acclaim as the news is out and its good - there really is viable uranium in the district
more drilling required, and it usually shows "more" uranium, not less, as prospectivity remains good in its tenement
as crackaton notes, 11,000tonnes of uranium is ready to go radiactive for stock holders - i'm excited!
Click to expand...

thas good....i just wasnt past enough to get my $500 worth and it had its jump....obviously market momentum is there but certianly know real fundamentals are showing yet.....basically its trading on something that will happen in two-three years at todays prices......my risk profile sometimes just doesnt suit this type of trading and i cant be on every stock...just have to much on my mind at the moment and study starts again in March so i will be entering trades that have a low volitility implied to them as i will be honest i hate sitting around watching the market and stocks even thogh the money can be great
 
Me too analyst. I hate sitting around watching a screen while at work making 10k a week and still getting paid by the boss. lol

Life's tough aint it
 
crackaton said:
Me too analyst. I hate sitting around watching a screen while at work making 10k a week and still getting paid by the boss. lol

Life's tough aint it
Click to expand...


So you make 10k a week trading the stockmarket eh Crackton :eek:

Maybe you should share some of your key trading plan elements to give the rest of us a chance :rolleyes:
 
Not every week, just some. My key strategy is luck for quick trades. Some lucky ones include EXT AEX BGF for this week and last. Who knows what it'll be next week
 
crackaton said:
Me too analyst. I hate sitting around watching a screen while at work making 10k a week and still getting paid by the boss. lol

Life's tough aint it
Click to expand...

Well crack thats why u can afford to throw money on stocks like AEX and not worry...even throw way above $2000 on these things and just wait for a ride to come along......i actually have to do it a lot tougher as I am sole parent and had to stay home from wen my young boy was only 12 mths old 9 yrs ago and couldnt go back to trade work and unfortunatly did not have family to help so i have to get as much bang for bucks as i can with as little risk as possible and have to put uni as a priority...so hey hope maybe in the next 2-3 yrs i can do the same as you
 
No worries analyst. Everyone has their own style and mine is definitely not for everyone. I was in the fortunate position of being able to by lots of blue chips some years back, ones like NDY GMF MIM ANN etc when no one wanted them and they were cheep. I cashed in when they rocketed and everyone was busy buying house etc. Anyway, what are you studying? Hope you do well.
 
crackaton said:
No worries analyst. Everyone has their own style and mine is definitely not for everyone. I was in the fortunate position of being able to by lots of blue chips some years back, ones like NDY GMF MIM ANN etc when no one wanted them and they were cheep. I cashed in when they rocketed and everyone was busy buying house etc. Anyway, what are you studying? Hope you do well.
Click to expand...

Actually your style is mine just working my way there but probally the way things are looking i am doing ok at the moment.
 
Interesting volume today. Not much sp movement. I bought in at .32 and made a tidy little profit anyone else do well?
 
I jumped in on the high for the false breakout and had to bail when it turned..

bit dissapointing really.... wasn't even anyone soaking up shares when it fell back.. whats wrong with punters thought everyone would be all over this thinking it would move like ext.. worth watching closely
 
Think you'll find thats why it went no where, traders don't like holding over the weekend. Lets see what happens monday.
 
Hi all

I think AEX is a uranium stock with incredible potential.

Low share price
Minimal downside from here
Options offer good leverage
Just purchased a possible "company-making" project in South Africa
JORC inferred resource of 11,000 tonnes of U3O8 @ .035%

This a spec, but worth putting on the watchlist for any price strengthening or volume increase.

Best Regards
 
good time to accumulate on weakness, not much downside left in the SP - the fundamentals are in place - just waiting on announcements

regards
 
anyone knows what the price & volume spike about today?

are we expecting any announcement soon? I thought next update is in April.

cheers,
 

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