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HLX is another stock which has dropped ~15% on the market 'correction' which realistically has not influenced the value of the company by more than a couple per cent.
HLX - Helix Resources
- Thread starter YOUNG_TRADER
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- helix resources hlx
stoxclimber said:
I think a lot of companies out in the stock market have dropped a lot and while the fundamentals are still there still declines. So after the correction is over i think the decline for HLX is short lived and will rise as much as it fell as soon as a flow of news comes out.
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the posts per day on this stock(not including my own) has dropped to a rate where i'm very tempted to buy in......
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I think tradewind is saying that the posts per day on each stock is reflective of the amount of the small punters in the stock, i.e. 'dumb' money. Since no-ones posting about HLX tradewind is inferring its not held by many said small punters, so its probably a good deal.
However tradewind I have also noted that people rarely post when the stocks are falling, which might also be a factor
However tradewind I have also noted that people rarely post when the stocks are falling, which might also be a factor
Sean K
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Panick selling across the board Ducky. Unless the US pulls a rabbit out of the hat, more to follow tomorrow.Dukey said:
I think it is fair to say that the volume has never supported HLX at the levels it has been sitting for the past 2-3 weeks.
I am disappointed it dipped as much as it has today, and so are those directors buying too I bet.
It's probably worth flipping a coin to decide whether you hold or sell tomorrow. People need to remember where Helix was at the beginning of the year. IMO that is potentially where we are now headed back to. 12 - 13c support not out of the question.... Sad I know.
I am disappointed it dipped as much as it has today, and so are those directors buying too I bet.
It's probably worth flipping a coin to decide whether you hold or sell tomorrow. People need to remember where Helix was at the beginning of the year. IMO that is potentially where we are now headed back to. 12 - 13c support not out of the question.... Sad I know.
Kipp
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'Fraid it was the bear in the hat trick... still in red sea today I reckon...kennas said:
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Kipp said:
I am seeing green on the ASX and in Seoul, NZ is down a tad. Japan & HK still closed BUT HLX is trading in the green at 18 cents. Has a very wild chart pattern on it, could go anywhere..... stochastics are very oversold... maybe next leg is up?
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hlx isnt really in the green if one considers the bid yesterday at close was 17c
Kipp
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Indeed - I assed that call up. Was pleasantly surprised to wake up this morning and see 112 pt gain to the ASX, which didn't follow the os market lead.sydneysider said:
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Was hoping to find a Tunkillia update in MEP's Qtrly but alas nothing really
Nobodys buying oppies, so far only 100k. MANNNN I hope for some good news, I was up $30,000AU and clicked sell at 26.5c HLX and 12c HLXO (100k and 200k respectively) but the order didnt go through properly and by the time I could get the order though I was too late, was also close to selling for 23c and 9c but held off then everything crashed. Im VERY annoyed with myself and have now learnt to set sells as soon as I buy a short term stock, I would of set them at 26c and 12c originally and they would of been sold a few weeks ago. DAMN IT! You live and learn!
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well djones, if you think the company is worth 26c then personally I'd reckon you should sell your HLX now rather than wait for the share price to rise that 20% to intrinsic value...however if you are investing for short term price appreciation thats a different thing all together..
