Positions updates

[Helmie10]

Now at 1.72 another wise choice!!

 

[Sean K]

Maybe ICN wasn't such a bad choice.

 

[shag]

yes, i'd say the companies r as leaky as their product.
i like this market going against all the sceptics.
bhp moving, but surely rio's elevaion is due to a bhp-rio deal?
sure its got to correct one day, but people still need to put their dosh somewhere.
icn has a nice uptrend too from my squiz at it.

 

[Sean K]

GIR is being a champ so far this week.
PRU trading halt for a suspected $70m raising in Nth A. Not sure how the market will view it once it comes out.
Nice triangle forming on BRM.
I thought MAK had broken up, but sellers have destroyed it.
SRL, kiss kiss.
TLS, zzzzzzzzzzzzzzzzzzz


I like the look of the AWE chart.
BPT looks like it's bottomed.
I'm going to jump off a tall building if AQA keeps running away.

 

[prawn_86]

Before you jump off that building transfer your stocks into my name please Or appoint me Director of Maxcap

 

[shag]

tls is a dog, a three legged old one, with rabies at that, esp when so many others r out there. i like he idea of the two banks having a duopoly, they r screwing kiwis more than here, predictable tho. i hate banks.
good pru gave us 'a look in'
gir only gave me a few shares before i ran away sadly.
i just bought some lime/dolomite, god its a rippoff. 60 a ton.
just crushed rock, from an enormous local resource.
i worked out i could waste 4k on the very small block for lime alone, let alone the npk products.
i'll be keeping an eye on mak and yr charts thanks.
despite some farmers loading up on debt when they got greedy, prices r so hi for dairy and beef, ie the products still get piled on. dairy bottomed a few months back for fonterra.
when and how did u turf yr dmm, i still hold, pidly amount tho.
oh, why i posted, was i saw today how the pru statement was due to a tax haven holder, seems rather popular, and went to the ato site, and right on the front page it had a speel about an amnesty on such matters. i can just see all the crooks, read bikers thru to bankers, lining up at the ato.
i just rang the ato, i now partly know why u'd flag them and get setup in say vanuatu, much easier.
seems the australasian gov's r jumping on the throw the carbon tax out for a bit, bandwagon. must be good for resources.
anz is going to get sued in nz over misleading investment advice, one action of many id say.
more fees for us no doubt.

 

[Sean K]

Before you jump off that building transfer your stocks into my name please Or appoint me Director of Maxcap

I was on the edge of the balcony wabbling over this, this morning. I declared AQA an outstanding breakout about 120% ago. You f*ckwit!!!!!!!!!

 

[Sean K]

I'm out of MAK at 57 for about a 60% gain. The RP price has been advertised at USD$120 and looks to have crumbled. I'm not sure if it will recover or not to make Wonarah economical. I'm going to watch see what RP prices do, and the chart action for clues. I did think going through 62 bullishly was an excellent sign, but failing and dropping through that level again makes it look like a clear yapper.

 

[Sean K]

Added another 50% to my PRU position at 84.

Raising 75m at 82c and are giving a 1 for 10 offer to holders, so I may or may not join depending on price action. Looks like a great price for a raising considering the past few months run.

Great projects, won't be independant for much longer.

 

[shag]

hay mate
like im no zoologist but that tiger looks plain old tame to me, fat n old looking too...
im not volentering and all that, but i reckon if u patted the fella on the head, he'ld roll over and purr.
talking about animals, bmn sure rewarded me this week, down, while the market was on fire.
i tried for some pru, but like azm, i just chased the thing up.
re azm, back a while ago, i'd put in a azm bid, only to be pipped at the post shortly after.
u must be p-ssed at bhp vrs rio...i guess we may again see a bhp-rio tieup or beneficial sales. chinese walls, what a load of ...., look at the forest case.
fat profits put awe as a buy this week, on fundamentals plus chart. they have good potential in the taranaki basin(tui etc).
we will never see another market like this one will we, and i was in in the 80's. god its been an interesting couple of yrs.
hope u get yr holls soon, but u wouldnt want to miss a real rally...

 

[Sean K]

Damn, this is a bad time not to be actively trading. So many opportunities, so much holidaying to do.

Uno mas tequila por favor!

 

[Sean K]

No, that tiger is definately on the prowl!

Funny, I bought RIO at the ABSOLUTE bottom, along with AOE, CBA and WBC just on a knife catch premise, and then sold them after small profits. And what happened? Arghhhhh!! I didn't manage those trades well in retrospect. I may get another chance.

AZM 4c to 14c No courage to back my judgement there either.. aaarghhhhh.

 

[Sean K]

MEL and ICN running like champions. Go, Coal Seamers! Go!!

And big hugs SRL! :1luvu:

 

[shag]

yes i followed yr lead yesterday and today. ditched some mak dog(short of redies otherwise i'd sit on it) and a little bmn, to get some more pru at 905, and mel at 605.
i was thinking of yr srl u greeedy ....., u will need to extend yr chart soon to accomodate it. i thought bmn was going to be my gold maker....
i should grab some icn, but i always worry about how far they have run.

budget night, i remember back on the farm, u'd stock up on gas and booze as they always put the price or tax up.
i presume they will announce something of significance re yr tls play.
what a run gir has had.
maybe put a yarn down on yr dives or something.

 

[Sean K]

Not sure why I still have TLS? Any suggestions? lol
ICN has run a bit hard. Always hard to take a position after jumps like that. The hardest thing then is watching them run further. Like EXT! aaargghh!
I will buy MAK again when it holds above 62, but only as a chart trade initially. The fundamentals on RP are to opaque for me.
I keep on saying it, but we're due for a correction. A real one.

 

[Sean K]

Market is telling me in my dreams that it's about to fall over, but several stocks are saying 'buy me!'.

Bought more MEL on break through .62. So far.

 

[panikhide]

I think you have to realise that EXT runs when large investors (like RIO) take a stake in it. Once they have taken their slice of the pie and stop buying the price is likely to fall in line with the buying pressure that is removed and profit takers (like me - sorry - I got in at around $2.60 and doubled it). The point is, you can't predict that sort of demand and if you try to take advantage of the dips you might be buying a stock at a price that is halving.

 

[Sean K]

So when did RIO start and stop buying?

 

[shag]

hope the hols r going well
i dont think id want to be short bhp with the present goings on. azm in trading halt. gold holding up
i've got bugger all mak now. bmn had a spike yesterday, near identical to the last one to sub 1.30. i should have sold, but u r always sus about it running away like u say or some inside news leaking. i presume it was just someone buying up.
id love to buy more gas but i hate sellling anything.
its a bit boring fri and mons here, with the market being out of syn with america.

 

[Sean K]

I hope AZM give me some cheap shares, along with the sophisticates. I also hope the recent run wasn't orchestrated to get a decent price in the raising. Hmmmm.

I'm quite concerned about the market right now. Thinking that we could capitulate. Considering taking half of everything off the table. Hmmmmmm