Australian (ASX) Stock Market Forum

MSM - MSM Corporation International

Re: MSC - Minerals Corp

Nice strong move this afternoon out of nowhere!

did volume dry on 1.8c?? most probably a strong open tomorrow imo.

cheers,
 
Re: MSC - Minerals Corp

massive vol today, sellers drying up
i like the way this one is heading on the chart
 
minerals corp

minerals corp have been going up the last two days.......huge volume ..somethings up...they got a speeding ticket yet didnt put out a statement ....they are waiting on tho ok for a 5000 tpm order.which they say would put them in the black.....so its anyones guess where the shareprice will end up......looks good,,,,might be worth a look at.....
 
Re: MSC - Minerals Corp

Third day of huge volume today

although large trading range (.027 - 0.33)

any Tech gurus/amateurs wanna post a chart and give us a view from a technical view?

I would be very interested in a different perspective..

Cjeers
 
Re: MSC - Minerals Corp

Great chart showing a huge reversal, three days of good increases though, and closed well off the high. I'd be careful with this. Seems to have found some support at .028-.029 on the intraday chart and it closed there. I would think given the massive decline over the last 2 years, that this may struggle a bit at the ket resistance areas as weaker hands cut thier losses.

Only my :2twocents
 

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Re: MSC - Minerals Corp

Anyone got an idea as to what the last 20 or so buys for 20,000 / 40,000 each are all about? (only works out to about $10K) Haven't seen it on a speccie before, seems a bit strange at such a small package size.

Thanks in advance
 
Re: MSC - Minerals Corp

could be something big - some pretty big volume has pushe this up a lot of the last month or so.

Is it the enigmatic Japanese order that we've heard so much about????
 
Re: MSC - Minerals Corp

sam76 said:
could be something big - some pretty big volume has pushe this up a lot of the last month or so.

Is it the enigmatic Japanese order that we've heard so much about????
i have it at a break of 3.4 cents, Darvas box
Should run today
kind regards
ang
 
Re: MSC - Minerals Corp

Interesting this one broke 3.3 cents to 3.4 cents this morning and since then has gone down to 3 cents, still with 57M buyers and 22M sellers. Market depth still holding strong. Any one with any comments?
kind regards
ang
 
Re: MSC - Minerals Corp

Up she goes again 3.2 cents, should close high today looking at market depth. day traders not in yet I don't think. Any one else in this one??
Kind reg
ang
 
Re: MSC - Minerals Corp

Yes,

Small long term parcel,

Moderate short term parcel, was doing great until about 11 am this morning.

Hopefully you are right and it ends on a high.

time will tell
 
Re: MSC - Minerals Corp

The short term chart of this stock looks very promising.

However, where do people think (around what price) the reversal breakout of this LONG TREM downtrend actually happened? or has it happened..?


I notice a couple of years ago, the fundamentalists regarded this co. as close to dead. Has this changed? Are there any fundamental reasons for the possible long term reversal of its SP?
 
Re: MSC - Minerals Corp

Looking strong, a close in the next day or so at or above .034 will see them flock in. The very high volume since October 06 with the price rise indicates something big going on... any other ideas

I am not authorised to give financial advice and purchased a small punt on MSC recently
 
Re: MSC - Minerals Corp

explod said:
Looking strong, a close in the next day or so at or above .034 will see them flock in. The very high volume since October 06 with the price rise indicates something big going on... any other ideas

I am not authorised to give financial advice and purchased a small punt on MSC recently
Great volumes but like you say 3.4c is an important mark on the 12 month chart . In myself @ 3.2c and looking for some good support in the morning.
 
Re: MSC - Minerals Corp

I took profits today.

MSC has a history of shooting up on unsubstantiated rumours (Japanese order) only to sink down to around 2-2.3cps.

There are over 1.5 billion shares on issue and
they don't have that much cash in the bank either.

If there isn't an announcement tomorrow or Fri, then you will see longtermers pulling out - it's just too tempting, especially considering the 1:1 placement at 1cps late last year.

Mind you the majority of my holding remains for the long term.

Their Kaolin is the brightest and finest in the world.

they had an independant valuation of 17cps a couple of years ago.
 
Re: MSC - Minerals Corp

sam76 said:
I took profits today.

MSC has a history of shooting up on unsubstantiated rumours (Japanese order) only to sink down to around 2-2.3cps.

There are over 1.5 billion shares on issue and
they don't have that much cash in the bank either.

Mind you the majority of my holding remains for the long term.

Their Kaolin is the brightest and finest in the world.

they had an independant valuation of 17cps a couple of years ago.
only difference this time the buying is being done on large OBV. For example at end of trade today, there were 53M buyers and only 30 M sellers
regards
Ang
 
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