PMH - Pacmag Metals

[SevenFX]

http://www.asx.com.au/asxpdf/20061011/pdf/3yxy8pvmb3nwc.pdf

Enjoy All.... bit of a emotional Roller Coaster

 

[chris1983]

Well I'm holding. All their projects are looking good.

 

[powerkoala]

out at 56c
will buy again for sure
have fun holders

 

[johnmwu3]

Guess today may close at 53c

 

[SevenFX]

I love the way the buyers and sellers are playing MOX,,,,, 1.4m/340,000

Shame PMH dont hold back on all this good news...

EDIT

Guess today may close at 53c

John what makes you say it will close on 53, because of the large no of trades there, as 55c looks god to based on trades...????

 

[johnmwu3]

I love the way the buyers and sellers are playing MOX,,,,, 1.4m/340,000

Shame PMH dont hold back on all this good news...

EDIT


John what makes you say it will close on 53, because of the large no of trades there, as 55c looks god to based on trades...????

Just guess acc. to the vol. and price.
As to me, the higher the better since I hold it.

 

[Realist]

Hmmm 52c now!

 

[Realist]

54.5 with alot of buyers, hmm may rise a bit more today before lunch! :

 

[Surething]

Do you think PMH has more in the tank over the next few days? I just bought in at .555, concerned it may sink back?? Thanx

 

[aobed]

Do you think PMH has more in the tank over the next few days? I just bought in at .555, concerned it may sink back?? Thanx

You're quite game coming in near the highest point today... I have my fingers crossed for you.

 

[Realist]

Do you think PMH has more in the tank over the next few days? I just bought in at .555, concerned it may sink back?? Thanx

That is the million $$$ question.

Who knows?

It obviously has huge potential.

Lets see how the Dow Jones goes tonight, and how copper prices hold up. I'm holding...

 

[johnmwu3]

This weekend maybe a few comments to PMH, altogether it's projects vs
its market value.
How do they valuate it ?

 

[doctorj]

I'm often curious how people concern themselves with commodity prices during moves like the one here in stocks that aren't even producing yet.

Surely sentiment is a greater driver of fear or greed than small changes to commodity prices.

 

[Realist]

I'm often curious how people concern themselves with commodity prices during moves like the one here in stocks that aren't even producing yet.

Surely sentiment is a greater driver of fear or greed than small changes to commodity prices.

True, but if overnight copper plummeted and there was a huge oversupply announced, people would put 2 and 2 together and think hmm, it could keep going down and by the time they do mine it and started to sell it their profits are far lower.

On the other hand if it is announced overnight there is going to be a huge world copper shortage in 2008 again people put 2 and 2 together and think wow PMH has so much potential.

So the tiny copper price changes are just part of this I suppose.

 

[SevenFX]

Do you think PMH has more in the tank over the next few days? I just bought in at .555, concerned it may sink back?? Thanx

Hi Surething & Welcome,

I notice this is your first post here, as I'm not far behind you....

IMO, Firstly, If you've bought near todays top (which we know now), you have to decide whether you bought as a trader (buy/sell in short period of time), or you may have bought as a Investor (buy/sell for longer period).

Based on a traders behaviours, you may have to cut your losses/break even or even make a small profit as early as possible.

Otherwise, as a investor, you may have considered the fundermentals and not worry about todays lower price, given your holding stragerty for mid to long term investment...

Whichever you are, IMO try trading small, till you have a working system, and don't be taken in by the hype [Trade what you SEE, not what you FEEL)


Cheers
SevenFX
Just my opinion, but I am not a financial advisor.

 

[chris1983]

Ive been saying it from the start. This is a GOOD speculative stock. Another huge volume turnover all above 50 this time.

They still have their Blue Rose project which is also looking good. To me it seems that they will just continue to have good news after good news.

 

[doctorj]

Sure, trading is an emotional thing, but please make an effort to support claims made.

Posts like:

THIS WILL BE $2 BY THE END OF NEXT WEEK!!!!!!111111oneone

are entirely unwelcome here at ASF.

 

[JoshyJ]

I believe it will trade higher tommorrow. It seems to have a lot of support while the profit takers are selling off.

 

[chris1983]

I believe it will trade higher tommorrow. It seems to have a lot of support while the profit takers are selling off.

I think you will be right. This one would have new investors coming in based off their uranium news. They are being traded heavily in the mid 50's now. I'm no expert but I believe all the signals are sayings it on the way up.

 

[Sean K]

I'd be searching for a chair about now. If you get one when the music stops, you can just get up and keep dancing....