Australian (ASX) Stock Market Forum

BMN - Bannerman Energy

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mmmmining said:
This thread becomes less and less relevant and boring. I cannot find any new and useful inputs to it except kiss and hug....
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Yes less and less, relevant to BMN!! But it will come back
 
You've been spoilt MMmmmining.....

from Dec.20th. to Jan.24th......(5 weeks).... BMN's SP NEARLY DOUBLED.

This caused SP to move too far (high)away from moving averages.& MACD.

Presently SP is going nicely sideways (more or less),bol. bands are reducing ....it's all part of the big picture. Study BMN's chart & you'll see what I mean!

Don't fret, the big boys know u308 has jumped 13%.

captjohn
 
In this day age with all the scrutiny, compliance and regulation.....chances of a company going under without prior knowledge is very remote/slim. Back then you could cover up billion dollar losses without anyone batting an eyelid. Even recently the Enron fiasco.....there has been even more clamping down on reporting and financials so I wouldn't worry about unless you are investing in a dog.

Is BMN a dog?......its a tiger/lion
 
LifeisShort said:
In this day age with all the scrutiny, compliance and regulation.....chances of a company going under without prior knowledge is very remote/slim. Back then you could cover up billion dollar losses without anyone batting an eyelid. Even recently the Enron fiasco.....there has been even more clamping down on reporting and financials so I wouldn't worry about unless you are investing in a dog.

Is BMN a dog?......its a tiger/lion
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AMP took 12 month to go down to $2.5 from $12.5, so much warning for everyone. :banghead:
 
MACD doesn't look too inspiring, but the sp might be about to hit the general up trend line. Could drop out of it a little like in Dec 06, but one to watch again. Perhaps it's consolidated enough.
 

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kennas said:
MACD doesn't look too inspiring, but the sp might be about to hit the general up trend line. Could drop out of it a little like in Dec 06, but one to watch again. Perhaps it's consolidated enough.
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That MACD looks like it might come a bit further yet doesn't it.
 
sydney1963 said:
AMP took 12 month to go down to $2.5 from $12.5, so much warning for everyone. :banghead:
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Gosh how the hell can you even begin to compare BMN and Uranium to AMP?? You've really lost the plot now folks.

There's absolutely no comparisons to be made here.

:banghead:
 
champ2003 said:
Gosh how the hell can you even begin to compare BMN and Uranium to AMP?? You've really lost the plot now folks.

There's absolutely no comparisons to be made here.

:banghead:
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There's an M in the middle of each.... :)
 
:banghead:
champ2003 said:
Gosh how the hell can you even begin to compare BMN and Uranium to AMP?? You've really lost the plot now folks.

There's absolutely no comparisons to be made here.

:banghead:
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I totaly agree,I was explain something else.
 
Bit of sideways action here from BMN.....getting ready for a jump you think? Or has a little more to give.

Down from $2.68 -$2.63 now.
Im looking to buy in....but dont know if i should hold out a little longer or not :banghead:
 
Go Nuke said:
Bit of sideways action here from BMN.....getting ready for a jump you think? Or has a little more to give.

Down from $2.68 -$2.63 now.
Im looking to buy in....but dont know if i should hold out a little longer or not :banghead:
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If you really think it's a long term goer a strategy could be to buy a few, and if it goes the right way buy a few more, and more, etc. I often do this to leg into something that looks like it's about to break up. I'm not saying you should buy this, just consider it as a strategy to reduce risk in any trade.
 
kennas said:
If you really think it's a long term goer a strategy could be to buy a few, and if it goes the right way buy a few more, and more, etc. I often do this to leg into something that looks like it's about to break up. I'm not saying you should buy this, just consider it as a strategy to reduce risk in any trade.
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Thanks Kennas:)
Note taken
 
just get an average nuke

therefore u don't need to worry about volatility, say u got the average price for roughly that week
 
hi everyone

i'm a new investor in bmn

have been having a shocking time lately and hope
bmn will change my luck

i was in bpt and aza and lost most of my profit and then
lost even more after nxs fell 33% (lost a lot of real money)
so now i've quit the oil sector and hoping its not too late
with bmn

currently have 90% funds in bmn cost 2.60
and 10% wmeo at 11.0

is it still worthwhile to add mtn at current prices
or any other uranium stocks

from what i have studied so far bmn looks to have
a bright future

anyone know when the next lot of results coming out??
and also why did the price decline since the last good
results

cheers

ric
 
don't bother with WME

its too low grade, and very small tonnage. historical research indicates it doesn't have anything substantial.

RIC you need to diversify. you can't always be profitable if you have 90% in one stock, what happens if that stock goes under(e.g. BPT AZA??)

I have 25-30 stocks in my portfolio at all times.
 
RIC said:
hi everyone

i'm a new investor in bmn

have been having a shocking time lately and hope
bmn will change my luck

i was in bpt and aza and lost most of my profit and then
lost even more after nxs fell 33% (lost a lot of real money)
so now i've quit the oil sector and hoping its not too late
with bmn

currently have 90% funds in bmn cost 2.60
and 10% wmeo at 11.0

is it still worthwhile to add mtn at current prices
or any other uranium stocks

from what i have studied so far bmn looks to have
a bright future

anyone know when the next lot of results coming out??
and also why did the price decline since the last good
results

cheers

ric
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I would stay away from the oil sector . Just Compare the oil price graph to the Uranium one and you will see why..
BMN is consolidating after a good run at current levels and should go up with time given there is no negative news about it. If you are worried wait until there is an upward trend.
 
RIC said:
hi everyone

i'm a new investor in bmn

have been having a shocking time lately and hope
bmn will change my luck

i was in bpt and aza and lost most of my profit and then
lost even more after nxs fell 33% (lost a lot of real money)
so now i've quit the oil sector and hoping its not too late
with bmn

currently have 90% funds in bmn cost 2.60
and 10% wmeo at 11.0

is it still worthwhile to add mtn at current prices
or any other uranium stocks

from what i have studied so far bmn looks to have
a bright future

anyone know when the next lot of results coming out??
and also why did the price decline since the last good
results

cheers

ric
Click to expand...

You should've been in the oile sector 1 to 2 years ago......the price has been on the decline since then....so i don't understand your investment in the sector. Uranium is on the up so thats a good place to look but be careful as you need to find quality. IMO BMN offers execellent potential and at these prices and its future to me its an accumulate.

Look at other sectors....like alternative/green energy/carbon credits or the IT which seems to be making a comback. The best punter stays ahead of the game and invests into things before everyone else so when everyone else piles in and drives the price up he/she gets out and moves onto the next winner.

I have one uranium stock and thats BMN and I've held it for a very long time (long time to me is 12 months). I have energy, IT and others to spread my risk.

Good Luck
 
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