Australian (ASX) Stock Market Forum

Re: OUTSTANDING BREAKOUT Alerts!!

I know people are gonna moan and tell me this is not an "outstanding breakout" yet.

But... on such a horrible day for the ASX, one of my shares is up nicely HCY Halcyon.

It is at least worth looking at... :eek:
 
Re: OUTSTANDING BREAKOUT Alerts!!

Not now. It closed where it opened. Why do you like these guys Realist? Is there a fund. reason? (I have no idea what they do). Might be fun to have a penny dreadful!
 
Re: OUTSTANDING BREAKOUT Alerts!!

CanOz said:
Not now. It closed where it opened. Why do you like these guys Realist? Is there a fund. reason? (I have no idea what they do). Might be fun to have a penny dreadful!

Well I'll make it clear this is no investment, just a simple gamble. They have a market cap of about $6M and no money. So it is make or break.

However for such a cheap price they have fairly good drilling results. A fair amount of copper, gold, silver, and cobalt.

As for an outstanding breakout, well they're up slightly in what has been 2 terrible days for resource stocks.

We'll see. I tried to call it early, there's no point in telling people when the horse has bolted. I'm probably wrong on this one though. :(
 
Re: OUTSTANDING BREAKOUT Alerts!!

BMN finished at 1.07c with a total lack of sellers and an announcement concerning drilling due out anyday now.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Realist

How does a company, HCY for this instance as there are many others out there, go from $2 to 1.5c in a few years? Im not jibing but asking seriously, mainly because I dont feel like reading every announcement in the past 4 or 5 years.

What went wrong? Were they doing good business at one stage and then their sources just dried up and since then they have had nothing? Or was it a case of just hype and or speculation or hopes that initially inflated their price?

thanks

j
 
Re: OUTSTANDING BREAKOUT Alerts!!

WBC has breached its recent uptrend. Also coming off resistance and a break out of consolidation.
 
Re: OUTSTANDING BREAKOUT Alerts!!

toc_bat said:
Realist

How does a company, HCY for this instance as there are many others out there, go from $2 to 1.5c in a few years? Im not jibing but asking seriously, mainly because I dont feel like reading every announcement in the past 4 or 5 years.

What went wrong? Were they doing good business at one stage and then their sources just dried up and since then they have had nothing? Or was it a case of just hype and or speculation or hopes that initially inflated their price?

thanks

j


HCY started as a Perth internet business.

Bad timing doing that in 2000.. :D
 
Re: OUTSTANDING BREAKOUT Alerts!!

BGD and BGDOB

Watch on open tmrw.
Look at depth already, huge gap up, heard she will get back to old 85c level and more

Big news coming. Starts trading again tmrw 10am

ps I hold both oppies and heads, and feel oppies are great value to get in cheap
cheers
 
Re: OUTSTANDING BREAKOUT Alerts!!

Due to recent discussion on this thread I am no longer sure what qualifies as Outstanding, but AEX is currently going nuts in my Newb opinion.

Up from ~.0040 to currently 0.058, in less than a few days with Volume going nuts. (35 000 000 + daily for the last few days)

very interesting, on no news
 
Re: OUTSTANDING BREAKOUT Alerts!!

xice said:
Due to recent discussion on this thread I am no longer sure what qualifies as Outstanding, but AEX is currently going nuts in my Newb opinion.

Up from ~.0040 to currently 0.058, in less than a few days with Volume going nuts. (35 000 000 + daily for the last few days)

very interesting, on no news

Initial breakout 3 days ago on big volume. Will find $0.06 difficult to crack. Risky time to jump on this now imo. Could see a swift pullback with no news. Or, it's on to 3 year highs!

Holding.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

I think AMC is an outstanding breakout!!

$7.13 now. Was $6.20 a month ago and has gone ex dividend at 17c recently. So it is up alot in a short time.

up 17c today.

Takeover rumours? :confused:
 
Re: OUTSTANDING BREAKOUT Alerts!!

Maybe Realist. Resistance levels shown. I think you might have just caught it. $7.10+ would be break up IMO. Incresed vol, MACD looking good. Good rumour, perhaps has substance.....
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Don't forget the recent ex-dividend date Kennas without those the chart would show about $7.30..
 
Re: OUTSTANDING BREAKOUT Alerts!!

AMC has been in a $6-8.00 range since 2004, so I wouldn't expect much either way it goes. Of course the range will be breached one day, but right now it's right in the middle of it and has consistently channeled for years.

As I said in the AMC thread, I'm bearish on it, although that could totally change if it starts to trend up. I think there's a good 7% move whichever direction it goes and I'll be buying the options. :)
 
Re: OUTSTANDING BREAKOUT Alerts!!

swingstar said:
AMC has been in a $6-8.00 range since 2004, so I wouldn't expect much either way it goes. Of course the range will be breached one day, but right now it's right in the middle of it and has consistently channeled for years.

As I said in the AMC thread, I'm bearish on it, although that could totally change if it starts to trend up. I think there's a good 7% move whichever direction it goes and I'll be buying the options. :)

Well AMC has soared to $7.30 today.

This is a classic example of once the trend happens it's often too late.

You're already too late on this one. $7.60 is about the best you can hope for IMHO.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Yeah, I'm not touching it now. I like AMC because it's usually slow trending, but this is nothing but greed and speculation on takeover news. Today's bs has skewed by analysis, so there's no trade anymore.
 
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