CUL - Cullen Resources

[UPKA]

Don't underestimate the behaviour of seasoned traders ... They could be placing sell orders to create a buy scenario for themselves ... you are jumping into conclusions far too quickly!

i think its a bit difficult to put a lead on this stock with only 1m sell orders, from wat we've seen yesterday, even 5m can be taken out easily. so isn't a bit risky for cappers trying to accumulate at this level?

 

[Nevawake]

jumping in with sleepiness.

what would i do if i was a seasoned trader hmmmm???

No i wouldnt place my order before open.

Been doing this for over 14 years.

Strategy???

Hmmm no the rebound is to strong. Big traders wouldnt be able to scrape enough bottom to fill big orders.

They would be buying back at a higher price.

 

[UPKA]

wow the opening was totally unexpected, altho not a huge jump, bt orders r going thru in huge volumes...

I think we really need a YT day, where we get together n celebreate YT!

 

[zt3000]

Not a bad opening ... was expecting it to be stronger ... will be watching today ... looks like 9.3 resistance ... but all it will take is a large order and seller depth is relatively thin to 10c

 

[motion]

What a morning... high of 0.097 and now a million order in at 0.091 some good support at 0.090 and up this morning.... lots of volume going through

P.s Good idea UPKA a YT day is well over due.. =

 

[Craze0123]

Shouldn't there be a second speeding ticket right about now?? or some kind of ann........This thing is going crazy DD

 

[Craze0123]

lol, someone is playing funny games with this stock...seen a 1m buy at 9.1 then removed then seen a 2.2m on the sell side at 9.4...also removed. hmmm

 

[motion]

lol, someone is playing funny games with this stock...seen a 1m buy at 9.1 then removed then seen a 2.2m on the sell side at 9.4...also removed. hmmm

Yep I have noticed this as well... very interesting... would be funny if he got caught out.... but I think it has good support around the 0.09 mark still

 

[chris1983]

some profit takers coming in atm..will be interesting to see if it holds the momentum. Had a really great run of late though. If it gets near 10 cents thats the really interesting part.

 

[Pat]

Well quiet time of the day and CUL holding at 9.3 cents approx. What a morning ...... Anyway the sell side is stacked way up so I'm thinking 10 cents maybe harder to break then what I first thought... But then again I didn't expect to see 9 cents just yet.. Not complaining though. Cheers to all holders....a few beers tonight and a sick day tomorrow is a nice reward :bier:
And the $$$ too... almost forgot ?!?

 

[rico01]

Finally it's movin again. Allthe buyers must have been to lunch. If we get another 30 million in vol today we might see some real price action

 

[juw177]

Considering the high volume today and little movement, there must be a lot of big sellers. If those big players pull out, then I expect it has a fair bit to retrace unless big players fill this gap.

 

[chris1983]

Great run guys but I'm out. Great pick YT. Will probably run further but I'm onto the next one now. It got close enough to your valuation Quite a lot of resistance forming there and I dont hold a massive amount of these so I have locked in the profit. 9.2 needs to hold.

 

[YOUNG_TRADER]

I also took some profits today as I had a very very large position and hadn't taken much off the table yet, am more than free carrying a good position now,

I am amazed at the volumes though,

LT fundamentals shine through, can't wait for AQA feasibility and JV updates BHP/FMG/HNR

 

[motion]

Hi,

Yep I have taken some profits today as well... from watching this stock today I still think it has some run left in her but I'm happy with the profit I have made...

Thanks YT for all your hard work on this one mate. I owe u a few beers.. now looking for the next project...

=

 

[chris1983]

I could see those sellers building at 9.4/9.5 right up to 10 and all it takes is for that support of 9.2 to be broken and in came all the panic sellers. Was always a possibilty. Doesnt change the fact that 100 million shares went through today with a VWAP of around 9.15. Got a little oversold at the end maybe? Or it might be time for it to have a rest..still..I thought it was good signs today..I just decided to grab the profits and run. Good luck guys. I think CUL have some great projects and good partners behind them.

 

[Craze0123]

Unless my platform is bugged or something but CUL is sitting in Pre-Open status atm...hopefully some good news.

 

[juw177]

Sweet! I still hold some after taking some profits yesterday only to watch this retrace (as I predicted) and regretting not unloading all of my stock. Maybe whatever is coming up will make me change my mind.

Edit: looks like some very positive news and the sellers are pulling out of their low 8c positions. This can only go up on open.

 

[motion]

Unless my platform is bugged or something but Cul is sitting in Pre-Open status atm...hopefully some good news.

Yep Second Iron Ore JV with Fortescue Metals group ann..... Still in trading halt till 10:21......should gen some interest

 

[mick2006]

its certainly a shame they didn't announce that yesterday, could of sent the stock over the 10c level.

But on the other hand it has certainly stopped the stock from retracing today.