HLX - Helix Resources

[mick2006]

just having a look at the run up of TRF over the last couple of days before the announcement today, it looked like people had some inside info and got in before today. Feels very similar today with HLX, my bet would be news very early next week, so if you want in before then you have today to do so.

Remember DYOR

 

[noobs]

All aboard YT's train. I do believe YT should start charging for his services although a have a feeling that he knows his public analysis is also in his best interest. YT I commend you on your fundies and your smarts.

 

[stoxclimber]

great day
look out for arbitrage opportunities with HLXO and HLX...atm theres no time value factored into HLXO's price

 

[mick2006]

another director just bought 350k, good news must not be far away!!!

 

[jtb]

All aboard YT's train. I do believe YT should start charging for his services although a have a feeling that he knows his public analysis is also in his best interest. YT I commend you on your fundies and your smarts.

I imagine the X million oppies he picked up for 1c will ease the pain :

 

[YOUNG_TRADER]

another director just bought 350k, good news must not be far away!!!

Directors only buy for one reason as I keep saying,

 

[YOUNG_TRADER]

Have sent David at the Speculator an email

Lets wait and see what he thinks

 

[happytown]

Very interesting now that 2 have bought a day apart.
And today's announcement is regarding the director whom you previously posted bought a mere 3 days before the prior AQA Fe announcement.

cheers

 

[stoxclimber]

Arbitrage atm on the options

how can I exercise HLXO with comsec?

 

[dj_420]

great news is that HLX has broken the 20 cent resistance level and closed above it. this is the break of short and medium term resistance and marks the first level for long term upward potential.

see charts posted this morning for analysis.

 

[mick2006]

hope all hlx holders have a good weekend after todays nice pressie. Hopefully the U.S markets stay firm and we should see a positive start on Monday when people have had the weekend to catch onto the HLX story.

Once again have a great weekend boys and girls

 

[YOUNG_TRADER]

great news is that HLX has broken the 20 cent resistance level and closed above it. this is the break of short and medium term resistance and marks the first level for long term upward potential.

see charts posted this morning for analysis.

I THINK THAT TODAY WAS HUGE AND CAN'T BE UNDERSTATED AS ITS FINALLY BROKEN AND CLOSED ABOVE THE ALL IMPORTANT 20C LEVEL ON HIGH VOLUME FOR HLX!


DJ an updated chart would be greatly appreciated when you get a chance,

I always use past performance as a possible guide for the future,

On 7th Dec 06 ann came out director bought 274,000 shares on 6th Dec 06,


On the 11th Dec 06 ann came out about the Discovery of Iron Ore Channel

Thats 3 TRADING DAYS LATER

So given that and the fact that they just met with MEP and the fact that Director paid near peak ie 17.5c, didn't try and get it at 16c or 16.5c I'd say expect an update soon

I reckon By next Friday ie 5 days AT THE LATEST

Thats my call

Remember my call ann by next Friday AT THE LATEST!

 

[speves]

I'll post this while your waiting for DJ to respond YT as part payment. (I owe you for the 100K HLX I bought at 15c on your advice). Beers to follow!!

 

[marklar]

I'd like to add my voice to the chorus of thanks for the heads-up on this stock & the brilliant analysis. I topped up again this morning, buggered off to the cricket and was a little disappointed that the Aussies lost... now I've got something to smile about again.

m.

 

[sydneysider]

I'd like to add my voice to the chorus of thanks for the heads-up on this stock & the brilliant analysis. I topped up again this morning, buggered off to the cricket and was a little disappointed that the Aussies lost... now I've got something to smile about again.

m.

Am up to my armpits in this one. We should all do very well as the stock has gone vertical and is still dirt cheap with a market cap of around $20 million. Good luck to all the longs

 

[exberliner1]

I posted this on HC as well.....makes nice reading.....

____________________________________________

Etrade has a feature that shows the amount of shares bought at each price level during the day.....for those of you who haven't seen this the following is the amount of shares bought at each level today...

Total traded in HLX 4,374,054

17 : 84,114 - 3 trades
17.5 : 349,486 - 10 trades
18 : 473,700 - 11 trades
18.5 : 319,250 - 7 trades
19 : 566,995 - 13 trades
19.5 : 438,678 - 7 trades
20 : 752,750 - 21 trades
20.5 : 263,509 - 13 trades
21 : 838,780 - 34 trades
21.5 : 221,427 - 9 trades
22 : 100,000 - 2 trades

At the close

Bids : 3.7mn
Asks :475k

Out of today's total 2.5mn was traded in the last hour (above 20c mainly).

Increased volume and steady buying above 20c...let's face it above 20c was considered blue sky...

Is that a beakout......I think so...and will it continue on Monday.....again I think so.

3.5 : 1 leverage on the oppies atm as well

DYOR....I do

EB
______________________________________________

2 mn shares bought above 20c in the last hour....

I have bought lots of oppies in the 3s, 4s and even some yesterday at 6.....as taking a six week (time to maturity) I expect HLX to be much higher than it is now which will gives me great leverage admittedly at increased risk although lets face it....there is almost no risk holding HLX at these levels.

Have a good weekend fellow HLX holders.

EB

 

[mick2006]

Several of important things came out of Fridays trading:

1. Good signs to see that 2 directors bought shares this week, which is a sign of their confidence in the company, and also some good news is not far away.

2. There was 3.975 million shares traded at or above the previous resistance at 18c yesterday. This is a sign that HLX was on more traders watchlists than previously thought and they jumped in on the sign of the breakout or the closeness of an announcement.

3. The price of Gold is certainly on an upward course with one of the Fed Governers speaking of his concern about inflation and the fact he believes interest rates need to be higher. Gold being seen as a hedge against inflation. With the Tunkillia resource upgrade due shortly any forward move will be a positive for HLX.

4. The markets willingness to buy up big any junior that announces a decent Iron Ore Resource at the moment, TRF was a great example. Imagine what will happen when AQA and HLX have their JORC resource.


Also there is the awaited announcement of the Uranium JV drilling with TORO, when people realise that HLX has a large Uranium landholding watch the Uranium junkies climb aboar.

All in All not a bad time to be involved in HLX.



Remember DYOR

 

[jennyperfect]

Hi, have been following this one for a while, doing well out of it, 290m tonnes iron ore at $50t, how high can HLX go? Can anyone give us some feed back on Loadstone LOD. Also believe this is going to be one to watch this year.

 

[dj_420]

i think that one of the best things about this is that on the chart it looks like it has broken a five year downtrend. now this is the highest the sp has been in over a year.

what i want to see now is that area of 20 cents hold and build some strong support (upcoming ann regarding projects will help achieve this).

if the sp holds 20 cents and continues upward IMO i would see this as confirmation of long term downtrend been broken. it does look to have been broken from crossing over in 13 - 14 cents area, although in the past we have seen false breakouts that did not hold (feb 2006).

there are three major areas the 20, 30 and 40 cents regions. the sp has now entered into that 20 cent region. and i feel that holding the 20 cent region the sp can then move to potential areas of 30 and 40 cents.

the sp consolidated for a period and looked to be gathering strength before friday when sp broke through those crucial resistance levels of 18 - 20 cents, and might i add managed to close above the all important 20 cents region.

sp also closed right near the high, bullish indicator. as well as the fact that majority of trades were done over the 20 cent mark.

 

[dj_420]

short term - on the short term chart we broke short term resistance at 18 cents and medium/long term resistance at 20 cents.

i now see these resistance levels becoming new support. a buy above 20 cents would see downside risk at 18 and 17 cents.

on the short term chart the MACD looks good and stochastic indicates the stock is not overbought.

so pending some good ann i think sp will hold the 20 cent region becoming a new base to continue uptrend.