PEN - Peninsula Energy

[tech/a]

Eddie the experts that never lose and always win...Bulldust!

Keep it up kids...

Of late many trades out there if you are game and willing to wait for the herd to catch up. My best at the end of 2011 was HOR, entered in Nov at .19 on FA and chart showing oversold and exited when the herd arrived at 37.5 and the long wick was forming. Yes charts can be of assistance, but they aren't the be all and end all that is professed here.

Is this what ASF has become? If so then I won't be a part of it for much longer.

Do you read what you type out???

You make a point then go right ahead and
And do exactly what your accusing others of.

Interesting that you've NEVER posted on the HOG thread???
200% profit and not a word--- yet here you dominate??

My posts are relevant and you have served as a living example of poor trading/investing.
If a single trader learns from these pages then it has been well worthwhile.

H/S strange all of a sudden on HOG
You buy cheap and sell into the muppets?

Yet with PEN you couldn't do that Twice?

I'm beginning to have my doubts that you actually trade?----anything.

 

[hangseng]

Do you read what you type out???

You make a point then go right ahead and
And do exactly what your accusing others of.

Interesting that you've NEVER posted on the HOG thread???
200% profit and not a word--- yet here you dominate??

My posts are relevant and you have served as a living example of poor trading/investing.
If a single trader learns from these pages then it has been well worthwhile.

H/S strange all of a sudden on HOG
You buy cheap and sell into the muppets?

Yet with PEN you couldn't do that Twice?

I'm beginning to have my doubts that you actually trade?----anything.

I know this may come as a shock to you tech but ASF isn't t only forum around. Oh and the stock is HOR, not HOG.

How do you know I have never traded PEN, or any other stock for that matter? You don't know me from a bar of soap, yet you make constant (wrong) personal assumptions. As for selling to "muppets" your derogatory term not mine. I sell into momentum traders, not wait for stocks to rise and then buy as you did with PEN and failed.

As far as "dominating the PEN threads, have a look at yourself over the last few months. I am but a part timer compared to you and others here.

Point is simple tech. I post FA information in the main and occasionally my TA view and you et al get personally abusive. You have no idea of FA and clearly you state you don't care about it. What makes you so high and mighty that only TA data can be displayed, even then you have a go like you are the god of TA. I can see why you stay away from the other site as you wouldn't last 5 minutes without getting chopped down to size. I am not one of the newbie wallflowers as you post to so often here and won't take your nonsense quietly.

If you don't like the comeback cut the crap tech. I have never been the one to start personal abuse here, but you and your mate boggo are chart toppers in that category.

If you can't take the heat get out of the fire. I really don't give a crap what you think of me. As you don't know me and make constant wrong assumptions and allegations.

ASF has gone downhill fast IMO, a place I once regarded highly. Now dominated by holier than thou TA posters abusing other posters.

Chalea is in good company...

 

[theartglasshouse]

Honestly...coming to the stock threads is like watching a squabbling bunch of married couples...

Suck it up and realise everyone makes a few bad trades (or more) and get over it! No one is perfect...

This tit for tat crap is the saddest thing I have ever seen. This T/A and F/A etc BS is ridiculous...Each to his own trading styles (which we all change)...

The personal slanging matches that I see on the majority of these forums is like watching a bunch of Grades 7's trying to get into the cool club...

Well I am off now to watch Glee and dream...off better pastures...

 

[Joe Blow]

I have removed a few posts in this thread as they were unrelated to PEN. I have also issued an official warning to one thread participant who seems consistently unable to control his anger.

All posts in this thread should be both civil and on topic. Criticize the content of someone's post by all means, but do not attack them personally or deliberately provoke them.

 

[Miner]

I have removed a few posts in this thread as they were unrelated to PEN. I have also issued an official warning to one thread participant who seems consistently unable to control his anger.

All posts in this thread should be both civil and on topic. Criticize the content of someone's post by all means, but do not attack them personally or deliberately provoke them.

Thanks Joe for your intervention.

There have been a concerted personal attack on HS and whosoever supports PEN by few posters one of them being anti nuclear campaigner with no holding on PEN. One of the posters now seen missing. Probably he or she has been debarred from ASF by you .

I personally tried to flag your attention to some of the unacceptable comments by one particular poster against all and HS. Probably you were too busy to action them

THe current note and action from you is a much belated one but better than never.

Thanks again for bringing back the ASF flavour to the forum,

 

[tech/a]

Chugging along nicely

Need to see how it reacts to resistance

 

[namrog]

Helped myself to a small parcel at .031, stop at breakeven so it can do as it likes now..:

Moved Stop to .036 now.

Should be looking to pyramid, but in the current uneasy climate, with Europe and the problems with the Euro far from settled, I'm hesitant to add more to a spec like PEN at the moment, though that could change if it broke and held over 6 cents regardless of the big picture......

 

[hangseng]

PEN now strong at 5.3 broken 5c resistance convincingly. 5.3 from the 2.7, not too shabby one would think. Next stop indicated at 7.5c

 

[junhan]

i exited @4.0c 2days before it shot to 4.5c and now its 5.4c, now im wondering if its too late to buy : |

really bad timing on my part

 

[hangseng]

i exited @4.0c 2days before it shot to 4.5c and now its 5.4c, now im wondering if its too late to buy : |

really bad timing on my part

Some may say it has overshot, but they were also saying that at 4.7/4.8. I see PEN more likely now to at least hit 6.5 short term then maybe a slight pull back before heading to around 7.5.

Director Mal James again buying another million at market at 5.2 and penoa now "in the money". PEN VWAP now 5.34 PENOA at 2.3/2.4. OA's not without risk, however with the largest individual OA's holder being the CEO I am banking on Gus converting.

If you believe in following the "smart money" then follow the directors, three of them now buying at market recently and Mal James twice. If not then don't buy I guess. A mater of who to believe...Directors who are buying at market or posters that know nothing of the companies fundamentals saying PEN is a dog stock? Each to their own.

I do like it when short term exponential moving averages head up and cross long term EMA's.

 

[junhan]

Some may say it has overshot, but they were also saying that at 4.7/4.8. I see PEN more likely now to at least hit 6.5 short term then maybe a slight pull back before heading to around 7.5.

Director Mal James again buying another million at market at 5.2 and penoa now "in the money". PEN VWAP now 5.34 PENOA at 2.3/2.4. OA's not without risk, however with the largest individual OA's holder being the CEO I am banking on Gus converting.

If you believe in following the "smart money" then follow the directors, three of them now buying at market recently and Mal James twice. If not then don't buy I guess. A mater of who to believe...Directors who are buying at market or posters that know nothing of the companies fundamentals saying PEN is a dog stock? Each to their own.

I do like it when short term exponential moving averages head up and cross long term EMA's.

thanks hs , i do agree that the tech looks good but i sure hope this isnt a false breakout.

anyways im following you on nwe, when do we expect to see some positive news?

 

[hangseng]

thanks hs , i do agree that the tech looks good but i sure hope this isnt a false breakout.

anyways im following you on nwe, when do we expect to see some positive news?

Minister back on Monday.

 

[tech/a]

Caution stop at .049

 

[Chalea]

You'll have at least a few months to -
a) "Top up" and
b) Witness a re-test of 2.5c
'IF' it holds then you'll have the makings of a base for the next pump and dump...

Daily chart - Bearish Harami Cross pattern. Gap @ 3.0c

Click chart


Weekly chart - Bullish MACD cross was the catalyst of this dead cat bounce. Meaningless until the center line is crossed.
Like four years ago, the upper Bollinger Band provides solid resistance.
Like four years ago, the lower Bollinger Band, (@ 3.0c), will be revisited.

Click chart


:bananasmi

 

[tech/a]

Caution stop at .049

I still like PEN to around 10c.
Analysis alters below .38c
I've adjusted my stop to .48 just below the Gap.

 

[hangseng]

Like four years ago, the lower Bollinger Band, (@ 3.0c), will be revisited.

Now when would that be Chalea so I can plan accordingly? I find that prospect rather exciting, especially with fore warning and a date to work off. Otherwise if PEN hit 3c for whatever reason in 10 years time you would say your analysis was right, and that wouldn't be right now would it.

I see that PEN liked to hug that BB all the way to 15.5, interesting. Another TA poster elsewhere stated he sold at 4.8 recently as PEN was "overcooked" and "too far outside the BB" the same posters TA said BLR was heading up and it went down as I said it would...I guess he was wrong..twice.

Love to see your timeline for this 3c prediction.

But hey if the Euro falters and the US pulls QE3 in July as expected (watch if they start selling off GE stock) who knows you may well be right. But then it will be all stocks getting hit hard not just PEN.

You say 3c tech like 10c...interesting how TA has many facets of prediction and subjectiveness.

I wonder what the sp will be based on fundamental drivers in March, such as decision to mine, early construction and who knows maybe even funding. I will go halfway and say the directors first 8c bonus target will get hit.

Let's see who's subjective view is right, so when is it Chalea?

 

[tech/a]

H/S

T/A used correctly is a map.
(Not many T/As are good exponents they have inferior maps.)

If the map doesn't pan out then you do something else.
Everyone who uses T/A will be wrong--Im wrong often.
Its what you do when your both correct and in correct that matters.

Thats why F/A people think T/A traders are like women---changing their minds like they are switching pairs of shoes.

The evidence shown to a T/A will alter daily.
For some of us every minute.

Its about
Prove
Disprove
Prove
Disprove.

As you'll note I have a point where the analysis is wrong and a point where my risk to profit is un acceptable---to me!--why--because I actually trade!

 

[Chalea]

...I wonder what the sp will be based on fundamental drivers in March, such as decision to mine, early construction and who knows maybe even funding. I will go halfway and say the directors first 8c bonus target will get hit.

Let's see who's subjective view is right, so when is it Chalea?

LOL, how can you seriously still bang on about fundamental drivers after last year's debacle?

Timeline? Imminently...

 

[Chalea]

LOL, how can you seriously still bang on about fundamental drivers after last year's debacle?

Timeline?

"Don’t get carried away with uranium rally

After months of dreadful performance, uranium stocks have staged a welcome rally so far in 2012. It is one of the first signs of life in the sector since the Fukushima disaster last March...
...“While we too think there will be a bull market in the future, it is likely that this rally is somewhat premature and that recent gains may be pared back if the uranium spot price does not back up the equity gains”...
...excess inventories in Japan pose a risk to prices, as does a potential increase in sales by the U.S. government."

Link

 

[hangseng]

LOL, how can you seriously still bang on about fundamental drivers after last year's debacle?

Timeline? Imminently...

Oh I see you "bang on" about your targets for years on end and get it wrong (predicting PEN to sub 2c when all the time it rose to 15,5) then when one happens totally unrelated to your 3 year old TA it was your TA prediction...yeah sure it was.

No date, not even a guess? Come on give it a try...be a devil and put your head on the block instead of being a fence sitter. besides I need to plan this purchase on your predicted fall.