GDN - Golden State Resources

[chris1983]

I'm glad I held though. Maybe this one will be very profitable after all. Still very aware of the risks though.

 

[constable]

seems a shortage of sellers now

 

[SevenFX]

GDN chatter gone bit quiet since arvo...???

Anyone going to the bank..

 

[tarnor]

i took profits at 80c... back in on close with a small parcel... free carried finally..

lot of eyes will be on this one tommorow the report today was very bullish, will rocket on any further decent gas shows.

 

[chris1983]

still holding..cant really do anything. All the messages are still positive IMO. I'll continue to hold. DT's got out towards the end but its still very positive and I think their latest message cleared up a lot of questions.

 

[constable]

wow what a day...enjoying a bourbon... hope they can break thru to their target tonight. picked up 15k at the close just in case. 2 wins 2 losses on this puppy today , thanks to westpac flying blind for most of it. 1.7k up, could have been dbl that but will have to put that in the shouldagonnawaza a/c!

 

[SevenFX]

I took a bit of a slice somewhere in the middle, and it was so nice, I went back for more....

Guess the news will come out at 9.58am again...strange as I can't see how this would help them

 

[tarnor]

Yep I remember BAS bought at 76 cents watched it opened @ 34 cents monday morning then brought some more, watched it go down to 25 cents before selling the lot. Hope this time GDN don't open @ 30 cents (in @ 55cents)

Yeah thats about what happened to me, oil and gas shows but wasn't even close to being economic.. was a tough lesson almost learnt it accept for caz lol

you want to hear something funny ? i placed an open sell order for when it opened ,over the phone because i couldnt get onto my broking ac and couldnt read ann couldnt see volumes etc etc as i speak im on hold to westpac to try and buy them back!

I migth have got some of yours :/

thats infuriating I don't see why they can't have a backup server or something? i got stung with stgeorges directshares and changed asap..
Very happy with morrison securities althought i havent tryed many

 

[SevenFX]

Morning All GDN men that have held strong, or have traded this volatile stock.

No news as yet, but they do seem to leave their announcment till late in the morning.....

Their seems to be somewhat equal depth, but opening price is heading in the right direction...hey

Any thoughts for the day to share....???

EDIT: Spoke to Soon, as positive sentiment seems to be coming late.....Up 7% Pre Open.

 

[tech/a]

Up then down.

Buy the rumour sell the fact.
Technically this is doing as expected.
Bit of accumulation yesterday but selling off late in the day.
Id be taking what profit I could get if I was in in the 50s.

But thats me.

This is a 60 min chart of yeseterday

 

[giss]

just sold @ 84c bought @ 54c ----> metals merry-go-round


hope to get another go soon

whats next though?

are we going to have a correction? Should I hold off for a few days?

 

[SevenFX]

Up then down.

Buy the rumour sell the fact.

When you refer to up/down tech, do you mean the close yesterday was weak, hence not a good sign, as so far today shows...

Buy the rumour sell the fact.

I have that plastered on to of my screen, and like the physchology, but aren't we waiting for the facts still, or should one be selling b4 facts out, which ever way it goes...????

Id be taking what profit I could get if I was in in the 50s.

I did, at 80.2 only because got caught out by commsec delay, in submitting sell order which I sold at market on .84c bugger...but still happy though...

CATCH for young players: IMO submitting sells at market is always slower, than submitting sells at a defined price....generally lower than what you want or higher than what you want...hence getting filled first..

Thanks Tech/A for your presence, always welcomed for us newsters

 

[tech/a]

When you refer to up/down tech, do you mean the close yesterday was weak, hence not a good sign, as so far today shows...

Yesterday was a so so day.didnt see a lot of accumulation and sell off at close was weak.There will be a few stuck who bought well above 80c and they are going to be the ones who keep price down as they will sell into strength.In cases like this its pretty normal to see early moring enthusiasm followed by sell offs. What happens from then on is dependant on
(1)A dry up of sellers who want to get out--IE people start holding.
OR
(2)New buyers exceed sellers from either news or company potential---this will be seen in buy volume and isnt there YET.
(3)If news is mediocre then price will reflect market sentiment. This will be quick positive OR negative.

I have that plastered on to of my screen, and like the physchology, but aren't we waiting for the facts still, or should one be selling b4 facts out, which ever way it goes...????

Again i would use voulme of buying as an indicator and what I'm seeing is no accumulation rather gamblers buying into the unknown and other gamblers selling into the new ones.---so far.

I did, at 80.2 only because got caught out by commsec delay, in submitting sell order which I sold at market on .84c bugger...but still happy though...

CATCH for young players: IMO submitting sells at market is always slower, than submitting sells at a defined price....generally lower than what you want or higher than what you want...hence getting filled first..

You should always be filled with an at market order immediately.

Thanks Tech/A for your presence, always welcomed for us newsters

When it comes off your a genius,when it doesnt pan out your a technical whacko----punters are as fickle as the markets---but thanks all the same.

 

[SevenFX]

You should always be filled with an at market order immediately.

I have traded with commsec since day one, march06 (bad time to start ltrading long hey) and let me tell you they have a very different idea of what "Immediate" means, hence getting burn't a number of times purely due to delays (secs-mins, stuck in "processing" status), which cdu hurt the most

When it comes off your a genius,when it doesnt pan out your a technical whacko----punters are as fickle as the markets---but thanks all the same.

Tech/A You will see all my posts of you, are all GOOD, [whichever] way the trade goes.

 

[tech/a]

Tech/A You will see all my posts of you, are all GOOD, [whichever] way the trade goes.

Excellent--- would you mind having a chat to the missus!!

 

[Kauri]

Excellent--- would you mind having a chat to the missus!!

Carefull tech... a friend of mine once had a chat to my first missus... :dunno:

 

[nizar]

You should always be filled with an at market order immediately.

Agree.
I always buy market price after some not-so-pleasant experiences.
If i want to buy 40,000 shares and there is only 30k left on 33.5, then i take out 34 as well. That example was for SAU, a profitable paper trade for me last week.
If i wouldve waited and put an order at 33c, i would be fairly down in the depth and would not have got filled until after 37c was touched.

 

[SevenFX]

Excellent--- would you mind having a chat to the missus!!

Sure when she comes back from the BMW dealership, spending all that "$ EzyMoney $" you make, hollar out, and I'll do my best

What an absolutely amazing time to be trading.

Ive never seen so many truely incredable charts.Lately my broker has thought Im a genius---I can only trade 3/5 at a time--just cant keep track of anymore.Rate of return is criminal.
Honestly if your not pulling $$$s from this market you never will.
Chart after chart after chart look like the one below.(No I didnt get that one but 5 others over the last week.)

Check these out OH so Pretttyyy.
Technical summary of my veiw---not a recommendation to buy,educational purposes only

How goods that list!!!
Talk about OUTSTANDING!!!!

There are some real opportunities in this lot!

 

[tech/a]

Carefull tech... a friend of mine once had a chat to my first missus... :dunno:

Yeh thats how I met the present one!!

Look at it on the bright side---he had good taste,and you dont have to worry about any other "friendly" chatters! If they are going to wander then you dont want them anyway!---now his problem.

GDN seems like it will range here today.

 

[toc_bat]

tech/a a question,

Again i would use voulme of buying as an indicator and what I'm seeing is no accumulation rather gamblers buying into the unknown and other gamblers selling into the new ones.---so far.

how do you tell the difference between accumlation and gamblers? Are you using some fancy trading software that tells you the identity of traders or is it just your experience in reading the buy/sell stack?

thanks

j