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hey guys, back in the old day (few days ago) someone was hoping to re-enter at 26c.
who was it again so we can rub it in now
:
who was it again so we can rub it in now
:
ENG - Engin Limited
- Thread starter Duckman#72
- Start date
Porper
Ralph Nelson Elliott
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IGO4IT said:hey guys, back in the old day (few days ago) someone was hoping to re-enter at 26c.
who was it again so we can rub it in now
Yep, me and I hold my hands up.Thing is after the announcement I tightened my stop and just got hit, that is just how it goes sometimes.Works in the long run and you can't ever get serious nasty surprises, almost never anyway.
still made a handsome profit on ENG twice now, so certainly no regrets whatsoever.Hope it keeps going for you, but don't let all the profit slip away when it changes direction ....................and it will !!
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Porper said:still made a handsome profit on ENG twice now, so certainly no regrets whatsoever.Hope it keeps going for you, but don't let all the profit slip away when it changes direction ....................and it will !!
Porper, i've gone out of it today. i like to cash in between now & then & re-enter again (I had few lessons before - we'll not get there as its soooo depressing)
I also made nice sums within the last 2 weeks on it since I first entered on 18c.
if ever it will dive, then I'm in again & also if it keeps rising then i'm in again.
does that make sense?
this is how much I like this stock :bier:
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pharaoh said:IG, i'm shocked, and I thought you were such a believ
yes, that's why I'll re-enter again as soon as it slows down a bit, i got hit few times before because of my greed & got wiped out totally & I took a promise to try as much as I can to survive
Long term profits in ENG will always be more than short term ones, I'm in again as soon as I see a safe entry.
I guess to understand my fear you have to get burnt few times & then you learn to stop your greed at some point even if its hard.
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What a ride....this is incredible...I keep getting the advice to sell and buy back in...but there's not many 'down days' to get back in....I'm holding.
pharaoh said:
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pharaoh said:
I re-entered with a small trial parcel at 36.5c yesterday, planned for a major top up when its gets calm but couldn't do the major top up yet.
I planned for the top up after 10.30 today but volume kept going crazy & my price became history so I couldn't add on.
this one is hard
I have major money on the line waiting for SP or volume to relax but it DOESN'T we'll see tomorrow after open if volume relaxes then I can probably get in with some real money
wish me luck.
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IGO4IT, I know how you feel...although substantially already 'involved' with eng, I finally sold my tls the other day, and was waiting for the 'retrace' to top-up my eng. If I'd done it when I wanted to at 35....I'd be able to sell them for a 10c profit in a matter of 2 days. Hindsight is a wonderful thing...foresight would be even better.
Sandik, hello stranger. How are you?
Cool couple of days huh?
I was in Hunter valley for 3 day wine weekend, and came back to see my ENG investment now all but doubled since I bought - how cool is this?
Anyway, will try to buy some more soon, will wait for poss retrace, but hmmm, doubt it.
IG, hang in there, am sure you will get a decent entry. I guess we all have to evaluate the poss sp of them, and that will be our entry point.
What do you guys think?
imo, maybe next week could be at 55c?
Sure, thats a fair jump, but remember FRE....up to 88c almost overnight.
Thoughts?
Cool couple of days huh?
I was in Hunter valley for 3 day wine weekend, and came back to see my ENG investment now all but doubled since I bought - how cool is this?
Anyway, will try to buy some more soon, will wait for poss retrace, but hmmm, doubt it.
IG, hang in there, am sure you will get a decent entry. I guess we all have to evaluate the poss sp of them, and that will be our entry point.
What do you guys think?
imo, maybe next week could be at 55c?
Sure, thats a fair jump, but remember FRE....up to 88c almost overnight.
Thoughts?
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sandik17 said:
Sandik, I have no regrets about selling at all, I've done 100% in 3 weeks.
I realised from experience that few short stops (100% is a way more than my usual short stop
), make me more comfortable putting bigger amounts into 1 company.The hard thing about ENG is that no one can really estimate what is the real physical value of the share, practically its all about the goodwill that is increased every day by more demand.
imo, if volume stops, it will retrace but for some reason volume doesn't stop
I like to call myself a "careful" trader by having many successful trades rather than sleeping on the 1 trade, practically I prefer to be cautious not sorry
cheers.
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And lets not forget to thank Duckman#72 for starting this thread!
Good one Duckman, there's been various members pm'ing me to tell me that they got into this share via this thread....well done! Hope you're having a good day!
Good one Duckman, there's been various members pm'ing me to tell me that they got into this share via this thread....well done! Hope you're having a good day!
I just bought at $0.475. Looks to me that it might be the top of the wave after jumping 18% yesterday. Anyway I am there for the mid term on that stock. What attracts me to it is that they pay a small dividend even though it is a below $1 share. Also if I go by the way voip has been expanding in Europe, the like of ENG I am thinking for example FREE in France are booming therefore I don’t see why this would not happen here.
What is your opinion ?
What is your opinion ?
I only got told by a mate last week that they were a listed company and straight away jumped on to get some shares. At this stage I don't have a huge amount of investment money but am doing well to start with. I use their service on all VOIP installs for friends and family and am looking at getting involved in business's using their service. I got onboard because I believe the technology they are using will boom and they are the Australian leader in my opinion. Hopefully this can keep going and I can find some more money to buy in on the way up!
Fab, as for buying in .. I bought in today at 0.46 for some more .. just hold on to the end of the week and you'll see a profit (in my opinion)
Fab, as for buying in .. I bought in today at 0.46 for some more .. just hold on to the end of the week and you'll see a profit (in my opinion)
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hi Guys,
I agree with everyone here about the potential of VOIP & ENG.
I'm just not sure that I'm ready to pay 46c/share NOW.
For those who hold ENG shares now, be very cautious as buyers know that you're scared of a sudden drop in price & they also know it will drop. Long term buyers waiting on late 30s to early 40s & you can check them out on ENG's Depth. all others are day traders.
practically nothing can keep going up forever, imo, a drop is coming sooner or later & you'll be shocked to see that majority of buyers today were day traders who were surfing the wave & on purpose pushing the price higher for their short term benefit.
Proof= how many times you seen in the last week a buy order for the higher price coming from outside DEPTH, long term buyers at least try to get their shares cheaper but those buying in ENG in the last week are all day traders.
I'm the biggest believer in this company but price now is a way too expensive for whatever potential I see in ENG.
by the way, I only hold a small parcel now & yes I'll be buying more when price becomes a bit realistic!
I agree with everyone here about the potential of VOIP & ENG.
I'm just not sure that I'm ready to pay 46c/share NOW.
For those who hold ENG shares now, be very cautious as buyers know that you're scared of a sudden drop in price & they also know it will drop. Long term buyers waiting on late 30s to early 40s & you can check them out on ENG's Depth. all others are day traders.
practically nothing can keep going up forever, imo, a drop is coming sooner or later & you'll be shocked to see that majority of buyers today were day traders who were surfing the wave & on purpose pushing the price higher for their short term benefit.
Proof= how many times you seen in the last week a buy order for the higher price coming from outside DEPTH, long term buyers at least try to get their shares cheaper but those buying in ENG in the last week are all day traders.
I'm the biggest believer in this company but price now is a way too expensive for whatever potential I see in ENG.
by the way, I only hold a small parcel now & yes I'll be buying more when price becomes a bit realistic!
IGO4IT,
I agree with you 0.46 is a bit high for ENG specially after juming almost 20% in 2 days I still think we will see this share going probably over $1 by year end and I am also attracted to ENG going ex dividend on the 17/04. This should compensate for some potential short term loses.
I agree with you 0.46 is a bit high for ENG specially after juming almost 20% in 2 days I still think we will see this share going probably over $1 by year end and I am also attracted to ENG going ex dividend on the 17/04. This should compensate for some potential short term loses.
Hey guys
I understand your comments on buying at 46c.
Don't worry. I picked this at 6c, then 13c thinking I missed it and maybe it was overvalued.
If you are a day trader, maybe think like that.
If you want to sit on an exciting company like Engin, sit on it for the ride to $1 and beyond.
I bought small parcels at 23 and 25 and will not even sell if it gets to 70c, as I, and hundreds others on the various boards, think it has massive potential.
Well done for getting onboard, enjoy.
dyor and retire early
I understand your comments on buying at 46c.
Don't worry. I picked this at 6c, then 13c thinking I missed it and maybe it was overvalued.
If you are a day trader, maybe think like that.
If you want to sit on an exciting company like Engin, sit on it for the ride to $1 and beyond.
I bought small parcels at 23 and 25 and will not even sell if it gets to 70c, as I, and hundreds others on the various boards, think it has massive potential.
Well done for getting onboard, enjoy.
dyor and retire early
