MGX - Mount Gibson Iron
- Thread starter The Barbarian Investor
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Re: MGX
El Niño,
I feel that someone is accumulating MGX at the moment. Have patience, I'd give it another 2-3weeks before it cracks the 70 barrier. But once this has occured we will be looking at new highs shortly thereafter. You seem to be a keen fan of MGX do you hold?
I did, but sold to find better value elsewhere. Though would be more than happy to jump back on board once it cracks the pivotal 70
Cheers
El Niño,
I feel that someone is accumulating MGX at the moment. Have patience, I'd give it another 2-3weeks before it cracks the 70 barrier. But once this has occured we will be looking at new highs shortly thereafter. You seem to be a keen fan of MGX do you hold?
I did, but sold to find better value elsewhere. Though would be more than happy to jump back on board once it cracks the pivotal 70
Cheers
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Re: MGX
El Niño
Cracked the 70 today. One would think this is surely a good time to jump in. I know I did!!
El Niño
Cracked the 70 today. One would think this is surely a good time to jump in. I know I did!!
Re: MGX
Nice finish today, cant wait for next week. New directory appointed, exciting stuff people, im excited!,
. Finished on 71.5cps with a high of 72cps. This new directory information must have leaked a bit earlier i'd think, hence the increased buying over the previous 3 days. It looks like he's got quite a nice history, and some good contacts to help MGX get a few deals in, lets hope so atleast.
Selling seems very scatered currently, far more buyers than sellers in the market depth. Someone else's view would be nice if you care to share...?
Nice finish today, cant wait for next week. New directory appointed, exciting stuff people, im excited!,
. Finished on 71.5cps with a high of 72cps. This new directory information must have leaked a bit earlier i'd think, hence the increased buying over the previous 3 days. It looks like he's got quite a nice history, and some good contacts to help MGX get a few deals in, lets hope so atleast.Selling seems very scatered currently, far more buyers than sellers in the market depth. Someone else's view would be nice if you care to share...?
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Re: MGX
It was nice to see mgx close above .70c today...next stop $1.00!!!!
It was nice to see mgx close above .70c today...next stop $1.00!!!!
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Re: MGX
Finally what we have all been waiting for... @74cps as we speak
Cheers
Finally what we have all been waiting for... @74cps as we speak
Cheers
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Re: MGX
MGX will probably hit as low as 65-66 before returning up over the 70mark. It just seems to have lost some momentum. I suppose buyers are getting frustrated with the slowness of the uptrend.
Cheers
MGX will probably hit as low as 65-66 before returning up over the 70mark. It just seems to have lost some momentum. I suppose buyers are getting frustrated with the slowness of the uptrend.
Cheers
Re: MGX
Sorry if this seems like a stupid question, but how can buyers be frustrated with the slowness of the uptrend?, They are the ones responsible for it. For quite a few days, there were some small ammounts of sellers wanting to go for sells, lots of maximum 50,000. Yet the buyers were hesitant and didn't even go above 71cps. It seems to me like there hasn't been enough exposure of what is happening to make people more interested in it.
TheProphet said:
Sorry if this seems like a stupid question, but how can buyers be frustrated with the slowness of the uptrend?, They are the ones responsible for it. For quite a few days, there were some small ammounts of sellers wanting to go for sells, lots of maximum 50,000. Yet the buyers were hesitant and didn't even go above 71cps. It seems to me like there hasn't been enough exposure of what is happening to make people more interested in it.
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Re: MGX
Sorry El Niño - could have been a little crisper on the wording. Meant that those "holding" mgx could have expected a steaper uptrend. Which obviously has not occured yet.
Cheers
P.S. Look 4 MUL tomorrow morning - set for some action
Sorry El Niño - could have been a little crisper on the wording. Meant that those "holding" mgx could have expected a steaper uptrend. Which obviously has not occured yet.
Cheers
P.S. Look 4 MUL tomorrow morning - set for some action
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Re: MGX
Certainly, looks like a great long term trade - however I am more in the short term market.
In that respect better value elsewhere
Cheers
Certainly, looks like a great long term trade - however I am more in the short term market.
In that respect better value elsewhere
Cheers
