GLX - Gulf X

[redback]

If he is using multiple nics then he will soon enough lose his credibility. You can't use more than one pen-name on this new forum without being caught.

As for GLX, I think it will show it's true colours this week. Should be many a person pressing refresh on GLX's market depth.

Farout, I didn't mean he is using multiple nic's on this site , he is obviously a very seasoned promoter who operates on every stock chat site--even some we haven't heard of, very clever is this chap, but his recent posts promoting his interests should alert you

 

[mick2006]

redback good to see you doing your research, how long you been around here for 5 minutes. lol

everyone who has been around ASF for a while knows that I post here and HC, its no secret. And I certainly don't hide the fact.

its also no secret that I'm a momentum based trader, and will continue to move around stocks with the news/money flow.

as for 5 nics, I don't know where you get that from, and I certainly don't do any posting on any NZ sites. I used to be a member of sharescene but haven't posted anything there for ages.

 

[redback]

No worries Poly, we all move around, as seasoned survivors do, no offence meant, but your getting a bit too transparent, as I said--tone it down a little, even if it is hard to do

 

[farout]

Tomorrow's open is a given, it will see the first hour madness in GLX, more experienced traders will wait until the people who pay too much panic, never ever ever trade on open-that is only for amateurs, you will lose everytime

I don't know why I am bothering to reply to this, Dukey summed you up quite well in the CXY thread, 'equivalent of a radio shock jock'. HC is more the place for this nonsense.

What you stated is true on occasions, however I bought in on Friday's open and I shall now be laughing all the way to the bank.

 

[avaramo]

Hi LM, it may be of some interest to you that CXY's main interests do not lie in Australia, neither doe's LNC's, rather the collaborations they have or will have with major corporations due to the good doctors expertise, after all he instigated the Chinchilla operation before being shunted by the very brash Mr Bond, Walker did the hard yards but got shunted by the new Twiggy of the UGC world.
I think Len Walker, as an expert in this field and will be supported by the real behind the scenes people, presently LNC's valuation is a complete nonsense

Redback, Why would you think that LNCs valuation is complete nonsense? I am assuming you saw the announcement about "Teresa", a potential coal deposit that could be worth AUD$700 million. Given there about 370 million shares outstanding I figure a recent increase of AUD$2 a share is justified (risk included). Then given the potential of LNC and its current stage of development it seems reasonably priced. I am no seasoned investor and was just lucky to jump on LNC back at $0.175 but I don't plan to be jumping off LNC for a long while yet. If "Teresa" comes good and diesel starts flowing from the LNC bowser I would consider a $7 stock price to be justified....then again I won't be crying if I am wrong.

 

[farout]

Once again trading 20-25% ahead of the previous trading day. Got some very good support as well .

 

[DavidB1]

bought in today 240000@ .15c

the stock was as high 36c in 2005


http://au.finance.yahoo.com/q/bc?s=GLX.AX&t=5y&l=on&z=m&q=l&c=

 

[farout]

Nice work David, I'm expecting that mid 30's figure to re-appear in the not-too-distant future. From memory, the 'Top 20' shareholders have accumulated 70 million odd shares, leaving few freely traded shares for the rest of us. One of the reasons I bought in. Over 13 million shares traded today, made the large 6 million traded on Friday appear small in comparison.

 

[redback]

Today,s trading was amazing, as the profit takers and early buyers up to 19c panicked and exited, their shares were soaked up, I waited for them to do so, as I expected a retrace, now a holder and still in the bid depth for more

 

[Djayness]

I also got in today, sold a small package of gbg and picked up 14000 on a spec buy, not a major investment but then again my capital is limited. The movement tomorrow will be amazing to say the least, 13 million shares traded, surely this share cannot be considered as "under the radar" anymore

The CTL, UCG and interest in syngas has definently attracted the odd few traders to say the least.

Can anyone comment on the current market cap? It just feels a bit small in comparison to the size of GLX. Maybe im wrong, id like to know why though.

 

[farout]

After seeing you post the other day I was waiting for you to jump onboard Djay. I hope someone else is prepared to give you some insightful market cap knowledge, because quite frankly I feel lazy and am ready for bed

 

[farout]

Just bought another piece of GLX today, had a dip in price which I thought was a good opportunity

 

[farout]

Guess I'll have to post again after some irrational moderator removed my words of wisdom. GLX is currently in a small consolidation period which hopefully hasn't spooked anybody yet. It had to happen after the large gains it has received in the last week. I expect either tomorrow afternoon or Thursday we should see this stock moving in the right direction again.

 

[Shadex]

Yup, Hopefully we start to see a rise towards the end of the week.
Lets hope it does anyhow

 

[farout]

farout

Nice to have you on-board Shadex.

I hope people don't consider this post a ramp, as that is not my intentions. Just a personal opinion, when Linc starts producing, I believe this little share will be 3 to 4 times it's current value. But then again, I tend to under-estimate things

 

[redback]

OK all you profit takers, keep selling, I got hit at 13.5c today, will now sit down the line at 11c, c'mon keep throwing them up, next thing you will manage to do is to value at least 750 million tonnes of resourse at nearly nothing, well done!!

 

[desolator]

wow how low can u go? thought i got in at a bargain today 0.13c but dam lot of paniky sellers out their.. hope this can rally back to a decent level on friday..

 

[Djayness]

Got another packet in at .13 cents, for a company that use to be worth up in the high 35 cents, the recent announcements have not exactly been working wonders.

Too many people flogging off profits, interesting to see what happens tomorrow.

 

[farout]

This would have to be the buy of the century at the moment - just have to wait for a few off screen buyers to awaken. People love jumping on the bandwagon after it's already taken off.

 

[redback]

This is starting to look very dodgy, I watched that crazy bidder today, he was all over the place like you know what,I couldn't keep up with him, he appeared and disappeared at least 5 times before re-appearing at close, and the crazy then decided to pay $2600 over market, very strange fellow this, if it wasen't for his buy this would have closed at 12c, bet most recent holders aren't too impressed by all this dumping, 61.8% retrace =10.7c--looking like going there too, not impressed one little bit, as this was trading around 8c before announcement the market is valueing this resource around .008c a tonne, is there something seriously wrong here?