Australian (ASX) Stock Market Forum

AGM - Allegiance Mining

porkpie324 said:
you bet your sweet little ol ckicken heart I want to buy AGM as cheapie cheep as I can, as for the austalian its not for sale in auckland. porkpie
Well, the only place you get the Australian paper is at the AUCKLANDAirport...but fairenough you want to buy cheap...after all the jew said..how he became rich on the NY stock exchange....that he said, I buy sheep and sell deer...thats how he became rich...have a niece day from sunny queensland...I will be in Auckland in December for 3 months...LOLOLOLO...go the AGM train.... :2twocents
 
porkpie324 said:
just a comment chicken, last weeks volume was not overly high, AGMs average vol is 3.7 mil daily , so at the mo I'l stick with my .30 limit order I can always up it if support holds. porkpie
Don't worry if you miss out at 30c they will still be cheap when they get to 45c. You will just not profit as much.
 
Good to see Nioka and Chicken talk up this stock-if enough people read your posts they will be convinced that this is the new Poseiden, and the stock will go to $220 in one day!
But i hope this doesnt happen until Ive bought 5000 at 31c. Ill be a millionaire!
 
ghosta,glad to see someone else on my side, It was getting lonely trying my upmost to talk AGM down so I could pick them up cheaply. Chicken can only buy so many then we can jump back in. porkpie
 
Yes Porkpie, talking the shares down has the opposite effect. It fires Chicken up something wicked. After today I wouldnt be surprised Chicken has boosted the shares by 3c and they will be 36.5c tommorrow. Best shut up for a while.

I should make a deal with Chicken though. If in 3 years the shares are $1 or greater Chicken wins. If they are about 50c, I win. If I win, Chicken "eats crow" literaly and has to go to the Avebury mine and cook up a crow on a fire and eat it. If Chicken wins I have to go to Avebury mine and cook up a chicken and eat it.

What do you reckon Chicken?
 
30 seems to be a real possibilty for a support point given the relative volume increase too. From 35 -40 we have recent history of selling off so can let the market let us know when the opportunity has passed.
 

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Hello Dutchy. Im not up with all these graphs and things, so Im asking you to explain what you are saying in plain English. My interperetation of what you are saying is that if the share price drops to about 30c their is an immediate buy up to maintain at least this price. If it reaches 35c or above a sell off occurrs so the price is maintained below 35c. Hence the market value of the share is 30c-35c. If I was to purchase share in this range Im buying at market value.

Looking at the activities of the company most people would conclude that the share price is likely, if not certain, to go up. Hence if I bought shares anywhere in the 30-35c range its pretty clear Ill make some money unless some bad setback occurs. Would you agree- I want to make a rational decision based on the fundamentals rather than someone hopefully speculating that the share should be at $1 and therefore the "market" is full of idiots who havent yet realised the true value of the stock.

Cheers!
 
the real nickel miners are up strongly today leaving the wannabe's in their wake, so when a correction comes it will more than likely drag all nickel stocks down, then you jump in. porkpie
 
porkpie324 said:
the real nickel miners are up strongly today leaving the wannabe's in their wake, so when a correction comes it will more than likely drag all nickel stocks down, then you jump in. porkpie
Does the fact that AGM is up almost 6% today take it out of the wannabe class?
 
chicken said:
>>>>>Porkpie...wants his order filled at 30cents...LOLOLOLOLOLOLOL
The first pork pie I know that is made from flying Pigs. But then pigs miggghhhttt fly.I think 30c is well in the past.
 
first 6% on a penny stock is nothing, as I said look at the real nickel miners today MCR up 12% MRE up 7.5% to $5.35. yeh sure I want my order filled at .30c but at the moment no more. OH by the way chicken I'm flying over to the gold coast on Nov 1st, staying until Jan. porkpie
 
porkpie324 said:
If and when AGM produce nickel with low mining costs and they pay a dividend i would gladly pay 70c. porkpie
That wish Porkpie you will have..but buy now at 35cents and sell at 70cents...not the otherway around....I am now holding over 250k..of shares at an average of 24cents.....so I am going to be in the money...show me the money.....yeeeeeeaaaahhhhh.......from your CHICKEN...... :2twocents
 
Glad to hear your good news chicken, when I'm over in a few weeks you can shout me a beer at the North Burleigh surf club, porky
 
porkpie324 said:
If and when AGM produce nickel with low mining costs and they pay a dividend i would gladly pay 70c. porkpie
When they do all that they will more likely cost $1.70
 
Don't worry I've got my beady on them, as i have written I think AGM is a good prospetive miner, I have traded them often enough, but during this spp I decided to sell. there's to be another 15.3 mil shares on issue,porkpie
 
nioka said:
When they do all that they will more likely cost $1.70
Yep...bring it on...Porkpie as far as 15million more shares...nothing for AGM...as their total shares are only 200million shares....so even if they created another 50million shares no problem...the mine is large and so far the beards have proven themself...and if Saxon indeed as large...$1.70 no sweat.. :2twocents
 
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