Australian (ASX) Stock Market Forum

HLX - Helix Resources

Down 2.5 cents (12%) to 19 cents!

Profit taking or people selling out because they're tired of waiting for an announcement already?
 
greggy said:
Yesterday was just some profit taking. You must admit HLX has gone for a good run and I took the opportunity yesterday to take my profits off the table. Congratulations to both YT and kennas for picking this one. I'll buy back in at lower levels, hoping that it then goes onto new highs. If I miss out so be it. There's still plenty of overlooked shares out there. Don't get me wrong medium term HLX still has outstanding potential.
DYOR

Exactly what I said last night, great potential still but it was up about 150% for some and at least 100% for those who got in late, Shares should have been bought 12-14c Options 2-4c,

No need to panic guys still a very very good stroy its just as Greggy said time for us (me) to find another really undervalued GROUND FLOOR OPPORTUNITY, HLX at 20c is mid floor IMO

Cheers
 
Im expecting sp to settle back inside the channel that it has jumped out of over the last week or so. From there it can consolidate and continue its' current trend which even with the correction has not been broken. Fundamentally there still remains exciting prospects for the co. which im of the opinion was downplayed somewhat.
 

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Sanhedrin said:
Welcome to Aussie Stock Forum

Come in Suckers. :mad:
I'm not sure if that's very fair Sanhedrin. You must be out of pocket?

I think most people would agree this site tries extremely hard to be objective and expose ramping.

There has been a lot of 'promotion' for this stock, but mostly based on facts and analysis, not blantant ramping.

Once people make their own investment decisions after doing their own research, they then need a trading plan to exit a stock as well. I imagine there's a few people here who are well in profit still. Maybe some have taken profits. Good luck with your trading.
 
Perhaps if you spell it correctly he might take notice.Dont think Yt has done anything wrong-didnt tell anyone to buy a share and didnt tell them when to sell it.We make our own decisions and i for one am grateful for his insight-He personally alerted me to NTU in the IPO(20c to price today)
 
What on earth are you going on about? Sounds like you lost money or something.

Anyway, I picked some up on the fall. Was panic selling and a result of some large sell orders that pushed the sp down yesterday.

Buyers are hesitant now so could drop a little further.

Still happy to hold.
 
I think your comment toward YT is unfair at all...
You should research yourself before buying anything...
In fact, thanks to YT, I in and out HLX several times...
luckily, I m out at 26.5c last week.
I guess, what YT said is right.. support is at 16c to 18c...
Time to load up again soon
 
Sanhedrin said:
Welcome to Aussie Stock Forum

Come in Suckers. :mad:
Grow up Sanhedrin.
YT, Kennas and many others do their best. Via this forum I've been alerted to many opportunities for further research. When it comes to final decisions you alone have the power to buy or sell.
DYOR
 
Welcome back kennas!!
I'd be interested in your interpretation of price movement on the graph if you have time between detox and enemas! :D
 
low blow sanhedrin.that was not neccesary.i am sure this stock will bounce after reading all the infomation supplied by yt.enough activity coming up to keep the market interested.
 
there are those that;
make things happen,
watch what happens,
and wonder what happened!

I was the later, but still holding and waiting :)
 
Thanks guys,

I was actually surprised to see how far HLX fell, I thought retrace from 25c to test 20c, there was definitely alot of panic selling,

Fundamentally the projects have not changed at all since say 2 days ago when the stock was making all time highs, what has changed is short term sentiment probably due to the fact that there is and may be a lag of news, also it is dissapointing that management aren't willing to release promo ann's, for example if yesterday instead of just releasing an update within half year financials the company released a specific update on Yallen describing the the strike depth grade etc etc I believe we would have a very very different situation

Given the quality of its Gold and Iron Porjects as well as the Spec Appeal of its Uranium projects a $20m mkt cap is hardly demanding or overvalued,

It may however require the Gold JORC Upgrade from MEP to justify it moving up to the 20c-30c range again.

By April Uranium drilling will start, would be surprised to see SP below 20c then
 
Sanhedrin said:
Welcome to Aussie Stock Forum

Come in Suckers. :mad:
Heres a tip buy some HIH shares :D :banghead:
All final choices are up to the individuals and blaming others is ridiculous all on this forum give their input which is greatly appreciated by the masses but ultimately its your money so spend it wisely. DYOR then you can only blame yourself.
 
YOUNG_TRADER said:
Thanks guys,

I was actually surprised to see how far HLX fell, I thought retrace from 25c to test 20c, there was definitely alot of panic selling,

Fundamentally the projects have not changed at all since say 2 days ago when the stock was making all time highs, what has changed is short term sentiment probably due to the fact that there is and may be a lag of news, also it is dissapointing that management aren't willing to release promo ann's, for example if yesterday instead of just releasing an update within half year financials the company released a specific update on Yallen describing the the strike depth grade etc etc I believe we would have a very very different situation

Given the quality of its Gold and Iron Porjects as well as the Spec Appeal of its Uranium projects a $20m mkt cap is hardly demanding or overvalued,

It may however require the Gold JORC Upgrade from MEP to justify it moving up to the 20c-30c range again.

By April Uranium drilling will start, would be surprised to see SP below 20c then
Spot on YT. This company's enormous potential hasn't changed, just the share price. I will be soon looking for anotherr re-entry point. Keep up the good work. Your strategy of buying overlooked stock at low prices is sound indeed despite the noise coming from the odd member of the idiot brigade !!DYOR
 
constable said:
Welcome back kennas!!
I'd be interested in your interpretation of price movement on the graph if you have time between detox and enemas! :D
Yo!! My head hurts. I didn't have a drink last night, so I have a hangover from 4 weeks of Corona, Tequila and Margaritas.

I expect support at $0.20 now, but due to how hard it ran, and day trader influence, I'm not sure. Would like to see it test 20 and consolidate for a bit to shake the very short term traders.
 

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Sanhedrin said:
A loss, but lesson well and truly learned.

Carma Statement withdrawn. (Sorry Karma!)

Sanhedrin, I hate to see people lose money but if it helps, I had to lose a hell of a lot before I became a successful trader. I honestly believe these losses are a good lesson - they were for me anyway.

Good look with any future trades.
 
Hmmmmm 100% gain in 3 weeks and people still not satisfied :confused:

Great call YT Keep up the good work.

looking forward to your next little gem.

cheers marc. :)
 
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