Australian (ASX) Stock Market Forum

MHL - Monitor Energy

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I beg to differ. Bad day for MHL, high volume selloff at over 4.2c. But I am still holding because if the fundamentals are good, the sellers will dry up eventually.
 
We could throw that argument back and forth all day Juw ....but in my eyes the last few days the markets have been hammerd and MHL has held up well and todays 45 mil vol means 45mil buyers and 45mil sellers alls good on a day of a fall of 110 points on the ASX and we did hit 4.7 on the high of the trades today alls good in my book of rules :) :dance:
 
juw177 said:
I beg to differ. Bad day for MHL, high volume selloff at over 4.2c. But I am still holding because if the fundamentals are good, the sellers will dry up eventually.
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Not necessarily a bad day. A high turnover has flushed out a lot of traders. This is a speculative stock that will have a lot of ups and downs as traders cream off a few percent on each burst in price. Each .001 change is 2.5% and allows day traders margin opportunities. To trade means you run the risk of not holding when good news is posted. I'll just hold and wait.
 
mobcat, I apologise in advance for sounding liking a tosser. But dude, I can never understand a word of what you type. It's all ghetto looking. Not to be the grammar police here, and I know my posts are hardly informative. But sheesh, seriously have you ever heard of a . , ? ! or any of these? I just think you could be taken more seriously and your posts would have more credibility if you were to speak a bit more proper.


mobcat said:
WOW what a day MHL is having on a day when the ASX is down over a 100 points this ones defying the market again i missed it all today but it looked like fun today.......40 mil plus in Vol VWAP 4.3 looks great strength in the market for MHL ATM could of been a pump and dump by a trader but it looks like MHL SP handeld it well if it was good times for holders by the look of the last few days trading i hold buckets of MHL so im very happy holding awaiting the JV Ann .............Like Kiwi said you have to be daft to sell befor goodluck all and thanks again YT for putting this one forward for us all to profit from ;)
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Your right gordo u do sound like a w@nker !

Time is money, and not everyone can spend hours going over their every post and checking if the grammer is 100% correct.

Mate we are hear to read informative posts about stocks not for english lessons.
 
No worrie,s Gordon ya get that on the big jobs mate but i do think that you have got me mixed up with some one who gives a flying duck........... blame my teacher,s never know it could be u you sure sound like one .........Enjoy your toss Gordon just watch the cream on the key board plays hell with the electrics :) LOL ROTFL :dance: Go go MHL :D
 
juw177 said:
I beg to differ. Bad day for MHL, high volume selloff at over 4.2c. But I am still holding because if the fundamentals are good, the sellers will dry up eventually.
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I'd have to agree with J, yesterdays vol confirmed a retrace, and currently so does todays 5min chart. (my guess is a possible bounce at 3.7 / 3.8 ... but that translates to over $3k for me and wasnt willing to take the risk) Might have been a bad fundamental move but I jumped out at 4.3 deciding to stick with my plan and implimented my stop loss with nice profit. Good luck to those still holding.
 
Hey guys,

Due to brokers warnings about general mkt monday morning and the fact that I was unable to watch mkts monday tuesday I told him to take profits on MHL at or above 4c,

To my surprise the stock exploded while I wasn't watching,

Thankfully profits were taken at an avg of 4.5c


Still holding some and will look to buy back more on any weakness (If I can :eek: )
 
Hi guys,

I recieved a PM which kinda offended me and pissed me off at the same time,

So to make sure there's no confusion

I see alot of upside in MHL given all of my fundamental reasons put forth and thats why I bought and continued to buy millions of shares in the 3c range.

I did not buy any shares above 4c and never said I did, in fact I wasn't on ASF to post when it did break above 4c as I was busy

The mkts at the moment are really unstable and that combined with the fact that I didn't think MHL would break above 5c led to my decision to take some profits at 4.5c

I'm still holding quite a few and I still love the fundamentals, but just because I like MHL doesn't mean you should buy the stock, you must do your own research, also just because I took some profits on MHL doesn't mean you should too, again you must make your own choice.

As I have said I'm holding a more reasonable sized parcel now and will look to buy back more on any weakness but am weary of the mkts at the moment they feel very jittery
 
LOL, no it was my miserable attempt at humour. It wasn't me at all. I only buy shares based on my opinion. Sure I read others and consider it. I was only making a joke of what I thought someone may have written to him. Not to give YT a big head but he is legendary on here. However with that said, you'd be stupid to buy something just because he has bought something. It's like he says, at the end of the day you only buy or sell based on one's own gut feeling. A person still has to do their own research to make their own decision.

Barrw said:
surely you have to be joking gordon

i hope so or you probly won't be laughing when the market opens
its no use getting excited about YT's posts if you forget to read the last part in the bold text
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Guys,
Lets all be adults about it.I read YTs info.Bought sold (made alitte)And tried to re-buy but failed. I made my calls .We all share info for each others benefits but each to their own ......::D
 
OK let me clear some things up. Earlier today I made a post that has since been deleted. In that post I was never having a go at YT. I was merely speaking in a 3rd person suggesting I could only imagine what someone may have said to him that upset him. I have no beef whatsoever with YT. My attempt at the humour failed. Sorry.



brodion said:
Guys,
Lets all be adults about it.I read YTs info.Bought sold (made alitte)And tried to re-buy but failed. I made my calls .We all share info for each others benefits but each to their own ......::D
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well i sold have my holding today at 3.9 and then rebought back at 3.7

Any thought on where this will go tom, especially with the instability in the US.

Will we be seeing any ann in the near future?
 
lol boys whats all this ruckus I here?

I haven't been on comp all day, log on forums and I hear a ruckus :p:

Alls good guys and as people have correctly stated read my my bit in the bold at the bottom,

So far my decision to take partial profits has paid off, however I get it wrong more often than not ie CUL I took partial profits at 9c and it ran to 18c within like 2 weeks, also HLX I recently took partial profits at 35-40c and never got a chance to rebuy and now its up at 50c,

I'm gonna wait to see if MHL will fall back to the low 3's (which I doubt) but as I said will be looking to buy back some of what I sold, worst case I misss my chance and will ahve to be content with the millions I'm still holding ;)
 
YOUNG_TRADER said:
CUL I took partial profits at 9c and it ran to 18c within like 2 weeks, also HLX I recently took partial profits at 35-40c and never got a chance to rebuy and now its up at 50c,
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So, at this rate, it looks like it is highly probable that MHL will jump up about 10c in 2 week's time. :D
 
Sure a emotional lot this MHL crew hey YT must be the oil in there blood and that u308 mix throwing them all out of whack hey lol, reasonably hard on the punctuation around here as well so watch your P,s and Q's mate you might get tossed lol:)
Good on ya with the earn on MHL nice to see ya still holding a chit load iam happy with a couple of buckets full and I'm going long on MHL she looks the goods to me for a happy Xmas 2008 given another summer in Boratville and the JV Ann any way alls good she,s kicking ars in this ars up market ATM IMO just thought i would slip that in for you Gordon a bit of Getto talk from the back of the bonnies lol :) :dance:
 
mobcat said:
Sure a emotional lot this MHL crew hey YT must be the oil in there blood and that u308 mix throwing them all out of whack hey lol, reasonably hard on the punctuation around here as well so watch your P,s and Q's mate you might get tossed lol:)
Good on ya with the earn on MHL nice to see ya still holding a chit load iam happy with a couple of buckets full and I'm going long on MHL she looks the goods to me for a happy Xmas 2008 given another summer in Boratville and the JV Ann any way alls good she,s kicking ars in this ars up market ATM IMO just thought i would slip that in for you Gordon a bit of Getto talk from the back of the bonnies lol :) :dance:
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lol, must be all that talk of mankini's from you mobie, JEESHEMASH VERY NICE! :p:

The strong oil price must be making the spec oilers with elephant grounds look attractive surely, well at least more than they would be at a $50 POO
 
Yes YT oily pennys in this climate and $100 POO Woooooooo Hoooooooo For MHL IMO .........throw in the U308 as a play and we are in the Biz of SP appreciation with this litttle performer of late .
If we go off historical data and compare the CIG JV ann we did see as share holders a doubleing of SP after the Ann so in this climate at the moment oily penny and every thing the market is primed for MHL right now to go hard given firm news.

PRE is pumping allong ATM and we can all remeber EGO in the last correction cant we..... fair comparasons relative to market sentiement alone IMO.

MHL is quickly firming as my Fav stock ATM with HLX running a close second but as we know oil is slippery in nature so DYOR all it,s fun :cool::dance:
 

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