MLS - Metals Australia

[Snakey]

if thats when the masses start buying, why exit?

good prices given for shares also stock flogged out tommorrow
get up and run you stupid share:horse:

 

[Bullion]

Just fell over...

 

[borat]

has just dropped as far as .087, anyone topping up? has finger poised over .093 but net connection froze... damit... coulda sold at .092 but riding it out with a stop @ .085...

 

[CanOz]

I hope it fill that gap it created today, hold people, this should only get better.

 

[nizar]

Out at 0.088.
Didnt like it making a new low for the day.

R/R=4 a good trade for me.

Happy to watch for now.

Can, i was hoping the gap would NOT be filled today.

 

[Snakey]

what do ya recon nizar
looks quite thick down the seller side of the board

 

[nizar]

what do ya recon nizar
looks quite thick down the seller side of the board

Yeh like i said im out at 0.088 as soon as a new low was made for the day.
Dont like it how it keeps making new lows.

 

[Dave31]

Coming down to yesterdays close. Might be time to top up.

 

[toc_bat]

Because the masses rarely get it right.

but dont large gains in demand come with the masses? thus increasing sp?

so what do youse all reckon, still an arvo run up? ive been away for a few days and missed it all, missed jms bouncing too, ar..

 

[nizar]

Might be time to top up

Why?

 

[nizar]

but dont large gains in demand come with the masses? thus increasing sp?

No.

The masses meaning average people. Average people trade small size parcels. Professionals and instos trade much larger sizes. The latter 2 groups maybe make up 10-20% of the market, but in dollar terms control maybe 95%+.

The guy at coles doesnt stack up well to, say, Goldman Sachs trading desk, for example.

The big instos and professionals will shy away from the sell-side at the open, ensuring a gap up, then they dump their holding.

Just my opinion.

 

[Dave31]

Why?

Why not.

buy low, sell high
close the gap and use yesterdays close as support to bounce off.

 

[Snakey]

lunch time low .086 ??????
gap filled ?????

i hold for arvo now
63 sellers waiting at .099 - .11
im one of them

 

[YOUNG_TRADER]

Niz,

Whatever happened to these guys Nambian Uranium Licence?
Did they get it, is it still pending or did they give it up,

If they ann that now this thing will go nuts


Nice pick guys

 

[borat]

excuse my ignorance but what is the 'ann' that you all refer too? Thanks. B.

 

[nizar]

lunch time low .086 ??????
gap filled ?????

i hold for arvo now
63 sellers waiting at .099 - .11
im one of them

Im back in at 0.089.
Arvo run is still on the cards. JMS also looking strong.

YT - im not too sure what happened with the namibian uranium license. But i know those things can take ages to be approved, remember EXT? Took 1 yr plus for those guys. But yeh any sort of news, either that or more zinc drilling assays, and no more under 10c for this one.

This one is my baby, and yes - it has outperformed JMS!!! So there!!! :

 

[Absolutely]

Nizar,

You're out at .088 this morning and back in at .089 this afternoon. Is this sensible trading ?

 

[nizar]

Nizar,

You're out at .088 this morning and back in at .089 this afternoon. Is this sensible trading ?

Nope.
But im happy to pay the cost of INSURANCE.

 

[Absolutely]

Well where are you going to exit this time Nizar ? It's weakening again I think.

 

[Snakey]

out @ .087
not happy with current proceedings