MLS - Metals Australia

Dave31 · 12 December 2006

When I got into work there was a 400,000 bid @ .09
Just checked it now, almost 3mil bid @ 0.09, 470,000 bid @ 0.091

Looks like theres going to be alot of early volume.

Snakey · 12 December 2006

morning all
on board at a very late .084
medium parcel looks ok for today
better late than too late

Wilson! · 12 December 2006

Huge open coming...

Absolutely · 12 December 2006

tradeable today do you think ? Looks like early hype to me and a chance to get out early and in again later when it settles down........?

Or is it too risky.............?

nizar · 12 December 2006

Snakey said:
morning all
on board at a very late .084
medium parcel looks ok for today
better late than too late

Not sure whether to dump at the open or wait for an arvo run.
I think ill look to volume for the answer.
Looks to be opening at 9c.

Tech you reckon it will stop at 10c round number natural resistance. I might try your trick!

Wilson! · 12 December 2006

Looking pretty good here folks.
In 9c out 9.4c
Looking for a good re-entry now

Bullion · 12 December 2006

Should have held on for a bit longer to see how it panned out, but thought it was going to fall and then I could pick some up cheaper today. Oh well... in at 8.1 and out at 9.1

Wilson! · 12 December 2006

Don't worry, thats good bullion

What's next?
I nearly entered again at 9.1

Will watch and wait.

Snakey · 12 December 2006

nizar said:
Not sure whether to dump at the open or wait for an arvo run.
I think ill look to volume for the answer.
Looks to be opening at 9c.

Tech you reckon it will stop at 10c round number natural resistance. I might try your trick!

agreed 10c
currently alot of profit taking

Wilson! · 12 December 2006

snakey, looks like 9.1 was a step off back up again
what do you reckon

should have re entered at 9.1 when I had the chance.

Snakey · 12 December 2006

Wilson! said:
snakey, looks like 9.1 was a step off back up again
what do you reckon

should have re entered at 9.1 when I had the chance.

agreed people giving away shares at these prices
i hold

nizar · 12 December 2006

Snakey said:
agreed people giving away shares at these prices
i hold

Im still holding.

My prediction:
Strong open. Dull low volume mid day period, then arvo run to make new highs and to close a touch under 10c....

But only because i can watch it and monitor it all day. If i was busy i wouldve been out at 9.2 or 9.3.

Snakey · 12 December 2006

buyers seem to think good value at .09

Snakey · 12 December 2006

nizar said:
Im still holding.

My prediction:
Strong open. Dull low volume mid day period, then arvo run to make new highs and to close a touch under 10c....

But only because i can watch it and monitor it all day. If i was busy i wouldve been out at 9.2 or 9.3.

agreed
possible lunch time low around .09
end of day .095 +
peaking tommorrow morning .010 - .011

clowboy · 12 December 2006

Hope you guys are right,

I bought in at 9.3cps (which may well turn out to be a mistake, frustraded that my order did not fill yesterday).

Im either the fool that bought at the top or the balzy guy who bought in just in time to make a few $$

imajica · 12 December 2006

cant believe I daytraded this one from 2.4c to 2.7c had 5k in it - should have left it in - would be worth almost 20k now - dammit

nizar · 12 December 2006

Yep 2mrw will probably be the bext exit about 2mins after the open, agree wholly.

Thats when the masses start buying

An astute buyer decided to clean up the 0.091 sellers. Hes a smart one, getting set before the arvo run...

Now all the sheep are following lining up at 0.091.

Snakey · 12 December 2006

imajica said:
cant believe I daytraded this one from 2.4c to 2.7c had 5k in it - should have left it in - would be worth almost 20k now - dammit

bought 1.25 million shares @ .054

sold @ .066
back in with much smaller parcel

toc_bat · 12 December 2006

nizar said:
Yep 2mrw will probably be the bext exit about 2mins after the open, agree wholly.

Thats when the masses start buying

if thats when the masses start buying, why exit?

nizar · 12 December 2006

toc_bat said:
if thats when the masses start buying, why exit?

Because the masses rarely get it right.

MLS - Metals Australia

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