CAI - Calidus Resources

[Kauri]

Re: PNO (PHARMANET)

Kris....maybe they have come across some vacant U leases...

Best of luck with it... if EODer's noticed and get on today it could surge, after that who knows without an ann.

 

[krisbarry]

Re: PNO (PHARMANET)

PNO turned a bit nasty on open, time to just sit and wait now.

 

[tech/a]

Re: PNO (PHARMANET)

Kris waiting can be expensive.
You on this?

 

[krisbarry]

Re: PNO (PHARMANET)

Yes,

Own 430,000 PNO shares.

Ouch now that has hurt my bank balance today.

Just got to hold in now!

 

[canny]

Re: PNO (PHARMANET)

PNO can always pull surprises out of the pan - and still have a lot going for them.
When they run, they tend to really fly - so worth keeping a good eye on.
AHG will come out of suspension soon as VSG has already released their ann.
PNO has enough irons in the fire to be worth a lot more - even though it's dangerous to hold it without a stop loss.

 

[krisbarry]

Re: PNO (PHARMANET)

Yes I have seen PNO run very well in the past.

Not too worried at this stage, just kinda expected un upward movement today, the market can be a strange place somtimes. Just when a stock shows bullish potential, it morphs into a bear.

It is one of my favorites, made a killing out of it last July in 1 day, so I do know of it potential.

In the meantime I will just hit myself on the head with a hammer and sign up for stage 1 trials of Tripeptofen, that should relieve the headache. LOL

Where is that damn hammer again?

 

[markrmau]

Re: PNO (PHARMANET)

Kris,

Obviously there is real money to be made in these speccies. In your experience, are there any signals before they boom? Or are you better off doing what you did with LVL - buying them as they come down and ditching them after they explode?

Also, have you considered spreading your buys around a bit more? - in both timing of the buys and the number of speccies you hold.

My experience with CSE is that if they boom, you ditch it. Unfortunately I believed my own crap about what a good stock CSE was, and watched a $10k profit turn into a $2k profit.

 

[krisbarry]

Re: PNO (PHARMANET)

The only signals I can tell is the strengthening of the intended buy side and a weakening of the sell orders. I watch this happen yesterday on PNO for a while b4 I started buying in.

It may have been a delayed reaction to the annoucement on VSG, but too hard to confirm that.

I cannot really say if it is better to wait for the buy signal on a stock or just wait until a stock tumbles then buy in at a lower price and sell, when it goes up. Either way, if you buy enough, and be patient, usually things come good.

I have spread my buys b4 and it tends just to look like a boring managed fund. I like to take a few more risks, and place a large sum on 1 stock, and hope for the best. If it falls, I just go back to work earn more and then buy more of the same stock.

I made just $10,500 in 1 day on PNO last July following Tripeptofen annoucement. That was just pure luck, and one of my first trades ever on the stock market. Not bad going, for a self taught trader.

If only all trades were that easy.

 

[krisbarry]

Re: PNO (PHARMANET)

PNO chatter...

Momentum is on the up

Relative strength is also up

66% rise on Thursday, with no announcement

Chart shows a slight retraction from the highs on Thursday

More buyers to sellers- bull market present.

 

[tech/a]

Re: PNO (PHARMANET)

Kris your talking it up like a holder of a falling stock.
With a single day rising 66% ofcourse lagging indicators like RSI and Momentum will be up.
If you hold 430000 of these every drop of .001c Equals
$430---more than you earn in a fortnight.
And this isnt the only stock you have.

For someone who cries poverty your trading and risk stratagies dont reflect your supposed life style.
If your saving for a home loan where'd all the $$$s come from for your trading?

 

[Kauri]

Re: PNO (PHARMANET)

On the 20th of September 2005 VSG (Visomed) releases an announcement to secure a pharmacy deal with three major wholesalers.

VSG distributes Funhaler. A device used in the treatment of Asthma. The Funhaler won an award on The New Inventors TV show ABC.

Advanced Healthcare Group is the exclusive distributor of Funhaler, they have sold 4,500 units to date.

Australia has one of the highest rates of Asthma in the world and this disease is on the increase.

PNO is a major holder of AHG.

Am a little concerned by AHG missing its last reporting date and being suspended for the two weeks since. Hope it comes back eventually with good news for you.

 

[krisbarry]

Re: PNO (PHARMANET)

Just running through the fundamentals of the stock, in terms of charting. Not all were positive, note the comment on retraction.

No, this is the only stock I own at the moment, sold out of BTV, due to capital raising @ 4 cents and will buy back into it at a later stage.

I like to take higher risks than some, as the rewards although rare, can be very sweet.

This is my home loan savings, risking it all on stocks. Plenty of Pain, but lots to gain!

I turned $4,000 into $15,500 in one days trading on PNO b4, and this profit paid off lots of my HECS debt. If I had done it the old fashion way, by working, i would still be paying it off.

PNO owns 10 million shares in AHG, so there must be a reason why PNO went up 66% on Thursday, I supsect insider trading.

AHG must be striking up a deal somehere, I note they are yet to lodge their 1/2 yearly account, hence the suspension.

Just a 5 cent rise in PNO would give me my whole annual salary! and it is possible, so I am willing to risk it. Aint that the reason we are all here, risking money to gain wealth. It is all risk right, depends on how much you are willing to risk for the reward.

 

[krisbarry]

Re: PNO (PHARMANET)

Researching a little more into the options that PNO has on offer.

Three sets expire very soon, this could also be another reason for the sudden increase in share price of late

300,000 @ 2 cents - expire 13/10/05
300,000 @ 3 cents - expire 13/10/05
300,000 @ 3.5 cents - expire 13/10/05

source: Appendix 3B - New Issue x3 (31/12/04)

 

[tech/a]

Re: PNO (PHARMANET)

I like to take higher risks than some, as the rewards although rare, can be very sweet.

This is my home loan savings, risking it all on stocks. Plenty of Pain, but lots to gain!

I turned $4,000 into $15,500 in one days trading on PNO b4, and this profit paid off lots of my HECS debt. If I had done it the old fashion way, by working, i would still be paying it off.


Just a 5 cent rise in PNO would give me my whole annual salary! and it is possible, so I am willing to risk it. Aint that the reason we are all here, risking money to gain wealth. It is all risk right, depends on how much you are willing to risk for the reward.

Kris

So you do recognise that there are ways to step out side the square even for someone in your position!

Even so I must say I dont like the way you handle risk.
Youre not prepared to take a loss you just hang in there.
This will eventually be your undoing.

Not only that but its also a very inefficient way to trade,as you will have funds locked in trades going south and trades that are stagnant while you watch other opportunities fly by.
You also open yourself to bankruptcy due to delisting--and in small caps that happens at an alarming rate!

You have the right idea in my view but a flawed methodology.

 

[krisbarry]

Re: PNO (PHARMANET)

Kris

So you do recognise that there are ways to step out side the square even for someone in your position!

Even so I must say I dont like the way you handle risk.
Youre not prepared to take a loss you just hang in there.
This will eventually be your undoing.

Not only that but its also a very inefficient way to trade,as you will have funds locked in trades going south and trades that are stagnant while you watch other opportunities fly by.
You also open yourself to bankruptcy due to delisting--and in small caps that happens at an alarming rate!

You have the right idea in my view but a flawed methodology.

Isn't hanging in there a form of handling risk?

Why freak out and sell when a stock goes south?

I see it as a positive opportunity to buy more.

I think this is a sensible trading system and I have proved it with LVL and it does work.

If that was the case I would have bought LVL @ 20 cents and sold @ 2.5 cents, a big loss!

BUT NO....

I bought in at 20 cents and average down to 8.6 cents, then sold out @ 12 cents with a profit!

There is all different ways to trade Tech/a and if your trading method works for you, well done.

My trading method works for me too!

Averaging down is a proven trading method to recover losses, along with using stop losses.

Who cares if an opportunity is missed, there is always another round the corner!

Even the big end of town have collapses too eg. HIH, AMP and it looks like TLS is heading that way too.

At the end of the day, if my bank balance goes to zero, I have to pick myself up off the floor and start all over again. I have youth and time on my hands to build up that wealth again, no dramas! And I have also learnt some valuable lessons along the way.

Equally your assests are at risk too. You own rental properties right? Lets say we get that 1 in 100 year flood or earthquake, fire storm, or even worse terrorism attack in Adelaide. Your rentals properties may not be covered for some of the above events. Your insurance then becomes void. You lose not only the property, but then you owe money on it and you also lose the rental returns gained from it. I know my scenario is a little far fetched but strange things happen on this planet far beyond what insurance policies cover.

 

[Porper]

Re: PNO (PHARMANET)

Why freak out and sell when a stock goes south?

I see it as a positive opportunity to buy more.

I think this is a sensible trading system and I have proved it with LVL and it does work.

Kris,

I used to trade like you when I first started, and when it turns out good as it has for you I can understand why you think that trading method works.

Tech is actually correct though, eventually using this method will lose you the lot, it is just a time bomb waiting to go off, and when it does you will be broke.These small companies do go bust, or they can just hang around practically worthless while you are unable to get out.

Like you I used to think I knew best, ignoring the posts by the experienced investors/traders on here, but having read as much as I can the past 18 months, plus searching the web for the excellent material that can be found for free, (some of it is rubbish) I fully admit I was on the highway to poverty.

I like you am still fairly young, but I would rather listen now and retire early than learn the hard way by being stubborn, which is my worst trait. Just think about it.

 

[krisbarry]

Re: PNO (PHARMANET)

I understand Tech/a theories and I do accept the fact that he is very experienced too.

But... plenty of experienced people lose lots of money too. Even the best are not immune to the fury of the market.

Plenty of brokers "top" themselves.

Plenty of investors listen to brokers and buy only to lose most, if not all of it.

I understand the risks I am taking and I have factored in losing the lot. I can afford that too.

I was in $30,000 debt only a few years back and have turned that into credit.

With much help from the stock market (And I did all this by teaching myself).

Trading small cap stocks is one of the only ways small investors like myself can make big bucks quickly. No point buying a $5 stock to gain 2% a year, I would be better off putting my money in a savings account.

The only other option is to margin Lend, which and I am looking into at the moment.

I do not claim to know it all, I have much to learn.

 

[el_ninj0]

Re: PNO (PHARMANET)

I like you am still fairly young, but I would rather listen now and retire early than learn the hard way by being stubborn, which is my worst trait. Just think about it.

I agree completely on that one Porper. I like many of us out there are far to stubborn, and in time, this will get us into trouble. The key to avoiding the trouble is to knowing when your stubborn behaviour is in place. Look at the facts, and look at them without bias. That said, I know what kris is doing aswell. Some choose to learn from others experiances and benefit from it, others simply have to learn their own way, and thats ok too, but they should be prepared to lose it all. Mabey kris will get lucky and never have to experiance that kind of loss, but the odds are far more in favour of the loss than the win.

Happy trading, and good luck.

 

[krisbarry]

Re: PNO (PHARMANET)

In defence of PNO, I find that as a small cap. company they have branched out into many other companies which will help to keep them afloat.

Corporate Structure:

The following diagram illustrates the Group's corporate structure.

Source www.pharmanet.com.au

 

[tech/a]

Re: PNO (PHARMANET)

From the darkside.