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Interesting perceptions GG .....
Please correct me if I am incorrect, but have you not been a fan of Leighton Holdings in the past (LEI)
All information is contained in one metric, the price.
The price of PEN has collapsed losing adherents thousands of dollars.
It is a very sick stock having lost over 50% of it's value in just 4 months.
If it were a horse you would think about taking it out of it's misery.
gg
EW is still suggesting a short term target of 5c. So I'll be interested to see what happens next week... sorry HS. I'm happy for EW to be wrong though - for all those holders.Sorry make that 14.93% up today with an outstanding CSPA at 7.7c
The last hour of trading was rather interesting to state the least.
So only 35.07% to go gg, then you can wipe that egg off your face
Sorry make that 14.93% up today with an outstanding CSPA at 7.7c
The last hour of trading was rather interesting to state the least.
So only 35.07% to go gg, then you can wipe that egg off your face
Interesting perceptions GG .....
Please correct me if I am incorrect, but have you not been a fan of Leighton Holdings in the past (LEI)
Double bottom
Where I'd be buying and where I'd have a stop.
Soaking up the Sun in Venice currently so will have to be a call for the record only.
Sporting a mediterrainian tan I might add----RED.
Tech, can't link to that quote. What are you saying? SK17/6
As noted was a low risk buy.
So even us techies would have made a quid--- short term.
Personally I like the quick gains and avoid the massive drawdowns!
This is a high risk specie which can gleen profit fir the nimble
Tech, can't link to that quote. What are you saying? SK
Ignoring all the reports that this mob regurgitates and all the endearing investment analysis posts, there could be a few bucks in this if/when it closes above 0.071.
Double bottom
Where I'd be buying and where I'd have a stop.
Soaking up the Sun in Venice currently so will have to be a call for the record only.
Sporting a mediterrainian tan I might add----RED.
In the past being correct. And I may be a fan of any stock on the ASX in an uptrend in the future, PEN in included, but so far it has not shown an uptrend, higher lows and higher highs.
I am not a bottom picker, as I prefer pleasant smelling fingers.
gg
Just out of curiosity, would you guys call this a classic reversal? When the stock price overshoots the previous days low or high by a reasonable amount, then swings in the opposite direction on high volume. I have seen this pattern a lot and it often indicates a change in stock direction. Just wondering if I am correct here? Any info appreciated.View attachment 43402
NB. This post may contain traces of nuts, and should be taken with a grain of salt, and a side order of good humour:
You've dished a bit out to the PEN holders GG ...... Retribution day
You made the following comment on the LEI thread on 11th April this year at Point C on the chart.
This is an exciting situation for those of us who trade long and long-term.
The chart shows 2 points of potential support/resistance
$16.30 and $25.
Interesting times. Downtrends do present opportunities.
A monthly chart going back 10-11 years.
gg
At the time you made your call LEI had ....
From Point A it had already dropped 56%
From Point B it had already dropped 31%
After your call at Point C it has dropped a further 27%
I rest my case, and suggest that if you GG do not resist from your taunting the members of this thread, you will be summonsed to serve 30 days in the PEN !!
I just got ride of the"dog" today..with a heavy loss.
I will see if i can have an entry next FY at 6.1..I would go for 1.5 m too
Hangseng mate,
I only picked PEN in the ASF Competition on your advice. This is embarrassing. I am down from .085 to .076, over 10.5% down and that after just 6 trading days, that is .0015 daily.
I am 40th in the competition out of 54.
Even nuntheweiser's loss of 6.25% on another dog, seems respectable compared to mine.
When is this haemorrhaging of Garpal Gumnut's reputation going to cease?
One good thing though, at least I don't own any.
gg
I don't give advice here or anywhere else gg. Seems you have made a personal choice, one of which I will gladly swap with you should it be permitted on the forum. Of any month to take PEN this would have been a logical choice and I was only beaten to the post by you to select it.
So anytime Joe gives permission for you to bail and swap with me I will be only too glad to "save" you lol.
My 2nd choice (SBL) isn't that crash hot either. However my main selections have been ravaged recently so no harm to my already "nuked" (dare i say) reputation one way or the other
If PEN actually comes out with the planned major milestone announcements (6 of them), then gg's reputation will have been restored...pending the market sentiment changing accordingly.
Otherwise you are doomed and consigned to the nuked dustbin of oblivion me old mate lol.
ps. Fear not, my money is on you going green in the tipping at the very least
Me...I am bleeding in the tipping and seemingly likely to stay that way this month unfortunately
Hey gg,
I see you have chosen PEN again for July's Stock Tipping Competition.
Not leaving it for HS to pick?
Do you really believe it will be a winner next month or just taunting HS?
It could be, it would be useful to post volume, and to wait for a higher low and higher high before accepting a trend reversal, pivot points, including complex ones can occur in a change in trend.
PEN Holders may rush to judgement in hope of a trend reversal or some further drip from Hanseng's tealeaves.
gg
Great post barney, seems the pot has been calling the kettle black!
Dont know about a great post. Looks a lot like playing the man not the ball to me which there is too much of here for sure.
Abyss,
If you could take some time and read this thread a little more closely you will notice who has been playing the man around here, and it certainly has not been me
I put my track record on this and any other thread on ASF as one who has always treated other members with total respect ........ but, I also I believe I've been around here long enough to adjudicate if I think another member is getting out of line.
The above post of mine you are referring to was initiated with a humorous undertone in an attempt to curtail some of the continuous pointless negativety on the thread. In my view, the post achieved its objective
If you read the post in the context of the entire thread, I think you will find I made a fair point, and did it politely with enough humour not to offend.
If you can find anything in my post which is untruthful, please point it out and I will apologise.
Cheers.
Barney, i missed the humour as it appeared to have been applied to moderate an accusation so perhaps i have misinterpreted in this instance so please accept my apologies for the oversight.
I have been an avid follower of this thread as it clearly has two sides and that is what it takes to have a market plus the entertainment value is magnificent on the down days we have been experiencing.
What are your thoughts on the SPP on the table?
Cheers
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