Australian (ASX) Stock Market Forum

AUZ - Australian Mines

Don't be too sure. This is the only stock on my watchlist being bought up by smart money while the price is dropping.
 
constable said:
still having trouble picking auz bottom any thoughts now?

Wish i knew - of course if i did do you reckon i`d be here???

I think as someone said earlier - the silly money is getting out while smart money is saying "yibbidy yibbida - thank your mother for the rabbits..." - that`s my view anyway...
 
Sodapop said:
Wish i knew - of course if i did do you reckon i`d be here???

I think as someone said earlier - the silly money is getting out while smart money is saying "yibbidy yibbida - thank your mother for the rabbits..." - that`s my view anyway...

definately eating rabbits now rex :)
 
I am not too sure what should be the real value of this stock but the fact that they are already proiducing is very appealing to me . The problem is it rise very fast recently so some profit taking was inveitable.
I am keeping it for a while
 
AUZ is fighting a huge battle between the bulls and bears today, as in previous days. If it manages to carve out a small gain at the end of trading today, suffient supply may be removed to allow a move higher. This is, in my view, a good sign.

Any other thoughts?
 
I am waiting for AUZ to break the 10 c resistance then it should be blue sky. In that regards it is similar to EXT :)
 
Fab said:
I am waiting for AUZ to break the 10 c resistance then it should be blue sky. In that regards it is similar to EXT :)
Their price i feel was lacking credibility due to its huge run, could be a way off yet fab!
 
CanOz said:
AUZ is fighting a huge battle between the bulls and bears today, as in previous days. If it manages to carve out a small gain at the end of trading today, suffient supply may be removed to allow a move higher. This is, in my view, a good sign.

Any other thoughts?

This could be a goer i agree. A close near the highs with decent volume (as appears to be) and itll be game on for tomorrow.
 
trader said:
Because @ 0.096 - 0.095 - 0.093 cents are 1,000,000 share orders that will
not stay there, they will disappear and whats left will not hold up the price.
Expect it to drop to 8 cents range where it will stay until next ann and then
depending on its value it will either shoot back up or drop further.

From 25/10.

On the ball, trader :D
 
Nice and steady.
 

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To me 10 c is the benchmark. I like this stock because it is a cheap one and it already produce something :)
 
Fab said:
To me 10 c is the benchmark. I like this stock because it is a cheap one and it already produce something :)
You mean you buy stock because it is cheap in absolute value :confused:
 
I bought back in this morning @ .08 cents and my sell target is 12 cents
this time, going for 50 % increase in 10 days.
 
trader said:
I bought back in this morning @ .08 cents and my sell target is 12 cents
this time, going for 50 % increase in 10 days.
I bought back in @ .082 cents and my sold target was .085 cents, went for the 3.6% increase in 45 minutes ! :)
 
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