AUT - Aurora Oil and Gas

[jancha]

jancha you cant be serious that you thought i meant the 14,000 surely - kidding around

i didnt think it needed spelling out

796
349
700


Im not saying it was a successful attempt, but imo looked like an attempt. its no big deal really. Just found it interesting to see on what looks like a descent support and trend someone seemed to be trying to fill the gaps in an attempt to lower the price on open. ??

Personally i think the material in the two posts above it is far more worthy of discussion....

Lol One of the two above posts is about your uninteresting observation in this mornings opening.
Most of your information on AUT is worthy of reading so keep it real.

 

[condog]

Lol One of the two above posts is about your uninteresting observation in this mornings opening.
Most of your information on AUT is worthy of reading so keep it real.

Janch youd be more then welcome to try and contribute rather then look for misgivings...if my dribble is uninteresting

 

[condog]

Heres another uninteresting observation. Well i thought its worthy anyway lol... im just ribbing you janch so ignore it.

Big Volume today, but what worries me is some of the trades going through. Im hoping they are merely ASX300 funds grabbing thier chunks.


5 Trades over 50,000, with one at 298,000 and one at 114,500.

Add to this list another 50,000 and a 34,000 a 13, and 11 and 2 lots of 15 in the after trade.

got to say i watch these course of trades reasoanbly regularly and this is uncharacteristicly big chunks. Like i said , i hope its simply some funds buying up.

We start to see too many big chunks going through like that i think we would have to be watching for a significant shareholder declaration. Hope thats all it is, the last thing we want is predators, when theres so much value yet to be unlocked.

 

[condog]

Well worth a read for anyone wondering why they are, or why they should retain part or all of thier AUT holdings.

http://seekingalpha.com/article/224847-4-reasons-to-be-long-oil-and-nothing-else

 

[nunthewiser]

FWIW

i have left AUT trade today.

I will re-enter later.

intresting chat about volumes and spooky manipulation in here

John Kendall , Go see your accountant.....I am not qualified to give you advice on what status one should class themselves in the ATO,s eyes , your situation is different to mine....... rather intresting what can be learned if one takes the time to research for themselves.

have a lovely day

 

[nioka]

When does one qualify as a trader rather than an investor??? Seems to me if I worked for more than 50% of my income im still an investor not a trader?

It's not as simple as that. Get a ruling from the tax office before they make a decision for you that you may not have allowed for. This is a very complicated area that I have found not to be completely understood by some accountants.

 

[radioham6]

Just interested in comments here.
We all know what happened to ADI and the take over....
any chance of AUT going down the same path?

 

[condog]

In the US this week there are 3 important news items re the recovery.

In the morning we wake to their Retail Sales figures, tomorrow their industrial production figures are released and friday their CPI numbers come out. All important data that will give us a good picture of what their next employment figures might look like and whether they are in early low growth or trouble.

This is critical data for AUt as imo AUT future is definitely pegged to the state of the US economy.

They also have jobless claims and consumer confidence numbers on thu and friday.

 

[condog]

Just did a search to see if Retail figures are out yet.


Retail Sales
Released on 9/14/2010 8:30:00 AM For Aug, 2010
Consensus Consensus Range Actual
Retail Sales - M/M change 0.3 % 0.1 % to 0.5 % 0.4 %
Retail Sales less autos - M/M change 0.4 % 0.2 % to 0.6 % 0.6 %
Highlights
Retail sales topped expectations for August with components more positive than not. Overall retail sales in August continued to improve, gaining 0.4 percent, following a 0.3 percent rebound in July. The latest number topped the median forecast for a 0.3 percent advance. Excluding autos, sales increased 0.6 percent, following a 0.1 percent rise in July. Analysts had projected a 0.4 percent rise for the ex-auto number. Sales excluding autos and gasoline jumped 0.5 percent, following a 0.1 percent dip in July. Today's report shows that consumers are still spending. The August numbers are a little better than expected but still a moderate pace. For those wondering if the boost was related to back to school spending, the numbers are seasonally adjusted and largely take that factor into account.

The rebound in July was led by a 1.9 percent gain in gasoline station sales with food & beverages up 1.3 percent and clothing up 1.2 percent. Also showing increases were health & personal care, sporting goods & hobby stores, general merchandise, nonstore retailers, and food services & drinking places.

Weakness was led by a 1.1 percent fall in electronics & appliances and a 0.9 percent decline in miscellaneous stores. Motor vehicle & parts dealers decreased 0.7 percent while furniture & home furnishings slipped 0.5 percent. Building materials and garden equipment sales were flat.

Overall retail sales on a year-ago basis in August slowed to 3.6 percent from 5.4 percent the month before. Excluding motor vehicles, the year-on-year rate slipped to 4.8 percent from 5.0 percent in July.

Today's report adds ammunition to the argument that there will be no double dip. A consumer sector that is posting moderate gains in spending will likely support continued modest growth in the recovery. It's certainly not gangbusters, but the news is welcome relief for those worried about the economy becoming too sluggish or turning negative again.

 

[condog]

Hilcorp have lodged a new Well application called "Franke Unit" been lodged on TRRC.

 

[condog]

Looks like could be set for a new high this afternoon. 1.17 at present. See what transpires, a bit of risk apetite developing again amongst the troops. Not that id call it risky, right now id probably say Wesfarmers or Woolworths is more risk. Why due to the iminent invasion of US retailers. Costco, Aldi here already, when will Walmart arrive.

 

[subasurf]

Well I hoped out of AUT today at $1.16
If it keeps going then fine, but if it drops down like it did recently I'll be hoping back in.

Was a fun ride while it lasted though.

 

[condog]

US Retail Sales Data
Sales at U.S. retailers rose in August for a second consecutive month, easing concern the world’s biggest economy will stumble in the second half of the year. Sales gained 0.4 percent last month, more than the 0.3 percent median estimate in a Bloomberg survey. from Bloomberg.com

US Manufacturing Data
Industrial output rose 0.2 percent after a 0.6 percent gain in July that was smaller than previously estimated, figures from the Federal Reserve showed today. from Bloomberg.com


US Jobless Claims Data
Out tommorrow.

Albiet dissapointing results in my opinion, they still show growth, rather then recession characteristics. Probably strong enough to see some more slight gains and week enough to see lots of profit taking on any rallies. Certainly not enough to drive the price of oil imo. Oil slipped about $1.40 on the news.

 

[condog]

The open looks good and the buy sell balance looks worse then it is, theres a lot of buys and sells on there that are no where near the money.

Sitting nicely in its channel, certainly no the top, but near its resistance area, my guess is a new high this morning and settling back down later in the day. Yesterday looks a little double topish.


On the closer view


Fundamentally imo at value to slightly under value. Hartleys Target 1.32, Euroz 1.53



The moving averages are indicating quiet a lot of strenght.

 

[condog]

New High and i got a feeling it aint the last
:dance::bananasmi::dance::dance::bananasmi::dance::dance::bananasmi::dance:

 

[condog]

Theres some pretty serious buying happening of late in some big parcels. AUT up pumping out new highs on fantastic volume. These are just the 10K plus parcels. including a $183K parcel.

Time Price Volume Value
11:22:45 AM 1.22 150000 183000
11:10:25 AM 1.2 48323 57987.6
11:11:03 AM 1.2 48177 57812.4
10:43:23 AM 1.185 47382 56147.67
10:03:11 AM 1.18 40000 47200
10:21:27 AM 1.18 25000 29500
10:29:16 AM 1.18 21909 25852.62
10:21:43 AM 1.18 20755 24490.9
10:07:28 AM 1.185 20000 23700
10:43:14 AM 1.18 20000 23600
10:42:26 AM 1.175 20000 23500
11:10:16 AM 1.195 18000 21510
10:00:04 AM 1.18 18000 21240
11:10:16 AM 1.195 15950 19060.25
11:10:25 AM 1.2 15000 18000
10:28:28 AM 1.18 15245 17989.1
10:22:08 AM 1.18 15000 17700
10:00:04 AM 1.18 15000 17700
11:10:16 AM 1.2 14343 17211.6
10:00:04 AM 1.18 13670 16130.6
10:28:28 AM 1.18 13450 15871
10:36:17 AM 1.17 12834 15015.78
10:09:20 AM 1.185 11937 14145.35
10:42:53 AM 1.18 10359 12223.62
11:26:09 AM 1.215 10000 12150
11:26:09 AM 1.215 10000 12150
10:18:15 AM 1.185 10000 11850
10:14:28 AM 1.185 10000 11850
10:42:47 AM 1.175 10000 11750

 

[Slipperz]

lol a banana day hey condog!

AUT has been showing some good momentum of recent well done!

I'm on the sidelines a bit green with envy at all the AUT green whilst getting smashed over at SSN.

 

[AngusSmart]

Whats SSN like? surely my portfolio could do with less ****ty gold and moar OIL..

jump back in Aut when we get back down near $1.15.. should get another leg up..

 

[BrightGreenGlow]

On a personal note. Just sold my AUT for the profit.

10,000 parcel. Bought at $0.82 and sold all at $1.22.

Awesome $4,000 profit. Will be waiting around in the mid teens to hopefully buy back in!

Gotta thank condog for getting me interested in the stock and for all the updates mate. Thanks again!

 

[condog]

On a personal note. Just sold my AUT for the profit.

10,000 parcel. Bought at $0.82 and sold all at $1.22.

Awesome $4,000 profit. Will be waiting around in the mid teens to hopefully buy back in!

Gotta thank condog for getting me interested in the stock and for all the updates mate. Thanks again!

Well done guys, lots of people making lots of money on this one and on SEA. SSN should go, its undervalued in my opinion. That Goshen sale was worth at least 4c.

Big smiles on everyones faces today.