NST - Northern Star Resources

[Chasero]

Could be green day today amid a sea of red.

Go NST!

 

[papatee]

For me I'll have a buy stop 1 c above today's high with a stop at 30 % of the range of today's bar--- incase it reverses quickly.

Hi Tech - am I interpreting this correctly to mean that you would have a sell stop at 1.07?

Sorry for the stupid question . . . have been following your recent TA on RED & PEN threads recently with much interest. Am not in either stock currently but just seeking to learn as much as I can of your approach and finding the TA journey with these stocks fascinating. Still have an 'L' plate re some of the terms/concepts, so just want to make sure I am understanding correctly. cheers

 

[theartglasshouse]

Good to see this one is finally over a dollar! More news due out in March so this might even push it further. It is online with my expections of $1.20 to $1.30 by March 2012.

Hopefully it will exceed it.

 

[Chasero]

Good to see this one is finally over a dollar! More news due out in March so this might even push it further. It is online with my expections of $1.20 to $1.30 by March 2012.

Hopefully it will exceed it.

Yep, I was planning on buying at the end of Feb for upcoming news in March.

But T/A won out once $1.00 resistance was breached.

 

[tech/a]

Hi Tech - am I interpreting this correctly to mean that you would have a sell stop at 1.07?

Sorry for the stupid question . . . have been following your recent TA on RED & PEN threads recently with much interest. Am not in either stock currently but just seeking to learn as much as I can of your approach and finding the TA journey with these stocks fascinating. Still have an 'L' plate re some of the terms/concepts, so just want to make sure I am understanding correctly. cheers

Sorry was quite ambiguous.
Your correct in your assumption
I did however alter it when the low was set (well appears to be set) before the buy was taken out.

Buy was at $1.11
Have placed the stop now at 1 tick below todays low.$1.06
So a 5c risk.
Price action is very strong--currently.

 

[tech/a]

http://www.stocknessmonster.com/news-item?S=NST&E=ASX&N=578459

That was yesterday

Today we will have a trading halt.

How can you guys rely on Fundamental spin from companies?
Im sure your only told what they want to tell you.

 

[6figures]

http://www.stocknessmonster.com/news-item?S=NST&E=ASX&N=578459

That was yesterday

Today we will have a trading halt.

How can you guys rely on Fundamental spin from companies?
Im sure your only told what they want to tell you.

Sorry T/a so are u suggesting the rise in sp and volume is only due to this rumor? Just wanting to confirm... only new to the stock.

 

[Gringotts Bank]

Moit's avatar!

 

[Boggo]

And AGS make an identical announcement at 11:48, NST at 12:16.
Any relevance I wonder ?

 

[tech/a]

Not suggesting anything.
Dont care for "WHY".

Asking the question.

How can you guys rely on Fundamental spin from companies?
Im sure your only told what they want to tell you.

Fundies--here at least hang on every announcement--rumor of an announcement---suggestion of an announcement.---or lack of announcements---even speculation of what will be in an announcement.

This I see as a perfect example of how manipulative this form of selective commentary can be to those who rely on it.

 

[Chasero]

Trading halt generally means good news no?

 

[tech/a]

Trading halt generally means good news no?

And I herby rest my case!!

 

[Boggo]

Fundies--here at least hang on every announcement--rumor of an announcement---suggestion of an announcement.---or lack of announcements---even speculation of what will be in an announcement.

This I see as a perfect example of how manipulative this form of selective commentary can be to those who rely on it.

It must be hilarious watching them watching the weather forecast on the telly when tomorrow's conditions are always based on the current chart

"I don't believe it, I want an opinion from El Ninio"

 

[Chasero]

And I herby rest my case!!

How else are companies mean't to notify us of anything?

*shrug*

What do you mean by fundamental spin? They report factual findings..?

 

[Starcraftmazter]

Trading halt generally means good news no?

Read the announcement - it's a capital raising.

So presumably shares will get diluted. Not a good thing (at least until said capital amounts to discoveries of more gold...).

I'm no expert though, I'd like to hear others' thoughts and am wondering why nobody else has mentioned this.

 

[Chasero]

Read the announcement - it's a capital raising.

So presumably shares will get diluted. Not a good thing (at least until said capital amounts to discoveries of more gold...).

I'm no expert though, I'd like to hear others' thoughts and am wondering why nobody else has mentioned this.

Oh wow, there's a second page.

 

[tech/a]

Trading halt generally means good news no?

Ill be selling at open.

What do you mean by fundamental spin? They report factual findings..?

Have you ever seen a negative report other than the financials.
All positve spin.-----selective reporting.

 

[Chasero]

I thought this company was swimming in profits. No debts... now it needs more money??!!

WIll have to see price action on tuesday i guess

 

[McLovin]

How else are companies mean't to notify us of anything?

*shrug*

What do you mean by fundamental spin? They report factual findings..?

Companies spin announcements all the time. It's what they do. The purpose of announcements/financial reporting is to ensure the lowest cost of capital for the company, not to report "factual findings".

 

[theartglasshouse]

LOL at all the above comments! Good things on the horizon in my opinion and I bet a good acquisition will be occurring in the near future.