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MMB - Magma Metals

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well I personally didnt have the cojones to hold over the Xmas break, so i understand where you are coming from, Stop_the_clock. That being said, it is not unlikely AT ALL that MMB will re-open at a premium to this afternoons closing price.

That being said, for me right now; the old adage - a grand in the hand is better than three in the bush applies
 
haha come off it stop the clock your notorious for your one line ramping of dog stocks on other forums... t4p called the cdu/aum run when it was well under a dollar.. it shortly ran to 10.. retrace and you call him an unethical ramper? and dont rule out the 26$ just yet

He also called mmb well under 30c, because he thougth people hadn't realised its potential. wow in a few days you could have snagged a 4 bagger..

t4p is one of the best posters you will find, without a doubt.
 
With all the commotion going on, I would like to make the following points:
1. Over the past 27 years that I've been involved, there have been many stocks that have had spectacular runs.
2. When other stocks on this forum have had massive runs people have not been as negative as they have been on this thread.
3. Its still too early to put a value on this stock. Hence, I'll continue to sit on the sidelines.
4. Good luck to those MMB traders who have purchased this stock and made heaps. Lets not be jealous.
5. People can start a thread at any time at any price. To criticise Crazy Jim when MMB had already begun to rise is a little bit ridiculous. I'll generally start one when prices are low (e.g. ITT, NAV and MZM to name a few).
6. It would be great when giving one's opinions to state whether you are holding that stock that you're commenting on. The more reputable traders do this.
7. Please do your own research after receiving any tips.
8. Mery Christmas to all.
9. P.S. Please take my comments in good faith as they are not meant to offend anyone.
DYOR
 
Thanks Greggy. I don't think this has got too out of hand either way here, but borderline. Everyone should try to keep their emotions in tact and stay objective of stocks as much as possible. That would certainly mean providing analysis to your opinions and be open to discussion. We should ALL be prepared to defend our stock selections or comments and not simply paste the old addage, DYOR. If you have an opinion, you need to back it up. This is all about sharing information and assisting other traders where possible. At the same time, we all have brains and need to see through the noise that is out there, and the final decision to push the button is yours. Cheers.
 
Hi Kennas,

Thanks for your thoughts. The ASF forum provides plenty of good ideas, but I hope any one taking any tips from this forum then back it up with their own solid research like I do. All my posts have been in good faith and for any stocks I like I try to give as much info as possible. I agree that this thread is borderline. It may be annoying to some, but I put DYOR at the end of all my posts. I also disclose at all times whether I'm holding the stock that I'm commenting on.
DYOR (there we go again!)
 

CJS,

I Fairness to posters in this thread, which may have been seen as "negative" to holders, I think the run is exceptionally Unusual and can sight stocks like PMH, GDN, MOX that had similar runs only to retrace, just at much higher levels than most.

GDN, PMH to name a few had/has great fundermentals to, but when the insto or bigger traders dump, they dump enough for the maket to chase and this is enevitable when a stock rises so quicly in a short time.

The other issue is that some of these stocks are still channeling sideway, or slowly trending down as holders loose confidence in them. This also creates stronger resistance should it ever retest those highs.

If you were lucky (or did research) enough to be watchin this one soon after it broke it's channel and bought, then you cant go wrong, but buying in yesterday could moreso be seen as a gamble, despite Hindsight showning us otherwise.

There have been many with great fundermentals like MMB, that have also fallen soon after their rapid rises, hence why perhaps some posters are causious, expecting a repeat retracement....

I also much prefer (and find safer) to buy on a Gann/Fib retracements than to Chase a stock up well after it's well n truly broke out.

Making money can only be done buying long IF you buy at the bottom or troffs (retracements) and selling at the highs (peaks), and no other way that I know of.

Timing is Everthing, and buying in reverse will see you holding a stock you never intented, or selling at losses.

There has to be a time where every stock comes into BALANCE and so to the posters that give balance to forum threads

Have a Safe and Merry Chrissy All.
Cheers
SevenFX
 
I subscribe to the same thinking generally. I try not to chase stocks where possible. No matter how tempting. Whenever I've chased stocks in the past, I've generally been burned. Good luck just the same to MMB shareholders.
 
greggy said:
5. People can start a thread at any time at any price. To criticise Crazy Jim when MMB had already begun to rise is a little bit ridiculous. I'll generally start one when prices are low (e.g. ITT, NAV and MZM to name a few).
Click to expand...

I was too busy looking after the traders positions on my forum and researching the stock to post earlier.

I ran fast so when I actually had time I came here and posted.

A big thumbs down to the down rampers who made people hesitate and miss out on the second days run!

Jumping in now may or may not be too late however the risk of a retrace increases so good luck to those who decide to jump on late!

I am not a financial adviser. Please do your own research!

For the critics just read my new signature!
 
Re: MMB Magma Metals Ltd

kransky said:
You're supposed to start this thread before their SP goes nuts... BEFORE.

Am I supposed to research every minerals company listed on the ASX?
Click to expand...


Yes before please!

thx

MS
 
Re: MMB - Magma Metals Crazy Jim SmitH !

Hey Crazy!

Dude I heard about you're MMB alert Wednesday from a member. I checked it out and jumped in at 27.5c.

Can't wait for Wednesday morning mate!
Just shy of 73,000 shares! What a bargain!


"A fox will snub it's nose at whatever it cannot reach"

Come on Down!
 
Re: MMB - Magma Metals Crazy Jim SmitH !


Thanks for sticking up for me guys.



My signature won't work but anyway it was supposed to have this.

Envy is the mud that failure flings at success!

Kind of like your fox line, which was a good one too.

I hope Noob gets a chance to ponder both!

You were very quick jumping on. The only person you didn't beat was Twin Turbo Celica.

You even beat Pussycat by half a cent!

LOL
 
There is some serious ramping of MMB over at hotcopper, just be very careful.

trade4profit or is that (ramp4profit) seems to be spruking to offload his parcel.

It does appear that the same cheerleading squad follow him around from stock to stock, so no wonder he keeps making money...pity about some that follow his lead.

You can only pass the parcel so many time b4 the music stops.

This is a "heads up" warning.

MMB is a very tightly held stock with only 2 out of 5 holes drilled. No assay results as of yet, they will be out in March. This could go either way.
 
By the way..anyone been to Canada at this time of year...I have, so I know how cold its gets there. It would be safe to say that Thunderbay is most probably between -5 to -20 degrees at the moment.
 

You have to love hypocrissy!

Krissbarry or Stop the clock or whatever else your alias is, by the sounds of it T4P's ramping of this stock is almost as shameful as your ramping of RMI on this website and my website.

You must be holding a hell of a lot of RMI stock that is out of the money.....
 
I haven't got time to sort this at the moment because I'm going to the cricket , but can you guys please start analysing this stock and its prospects in a polite and dignified manner, with some sense of reasoning, or Santa may take back his presents. Merry Christmas.
 
The "value" of this stock will obvious for all to see in the SP in the coming weeks.. i look forward to seeing where it settles..
 
If i was trading this i would have entered on the first big volume up day, which was monday.

For a really optimum entry and large R-multiple win, an entry would have been prime near end of the market day on monday, with a tight stop.

Average daily volumes are about 120k, so 1.998million, very substantial volumes on monday, this is screaming BUY ME. Very obvious in my opinion.

Or, if like me, you are very hard to please, you would wait until an all-time high was broken, and there was sustained trading above 20c, which would have been after open on wednesday.

As for buying on friday, im not sure risk/returns would stack up.

Just my opinion, and im just a beginner and very amateur.
 
Nice trade peeps, looks like those on this (not me ) made a ton,


Anyone explain the Pt/Au grades thingy, I'm not familiar with them, I understand the 0.4/0.5 Cu + 0.4/0.5Ni bit, just not the Pt/Au bit, I should add, I get that Pt/Au is Platinum/Palladium/Gold Precious Metals but how do they split the grade between the metals, as the Spots for Platnium/Palladium and gold a very different and hence the attributable In-Ground Value of the deposit

Thanks
 
Crazy Jim,

You definitely picked this one on your own forum when it was 19c. Even if people had purchased this stock after you alerted us on this forum, traders would still have been well in front. I missed out, but its good news for MMB shareholders.
DYOR
 
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