SDV - SciDev Limited

[nizar]

The solution is simple.

Trade the price action.

Exactly.
Why? Because its the price action which determines YOUR PROFITABILITY.
Not if the company is "cash cow" or otherwise.

Would you like to be holding a company which is "cash cow" or which is an explorer never likely to ever make a cent?

Answer is simple - Depends which company's share price is going up.

I suggest you people listen to this veteran. We are very fortunate he's sharing his wisdom with us. His results speak for themselves.

 

[Novski]

Exactly.
Why? Because its the price action which determines YOUR PROFITABILITY.
Not if the company is "cash cow" or otherwise.

Would you like to be holding a company which is "cash cow" or which is an explorer never likely to ever make a cent?

Answer is simple - Depends which company's share price is going up.

I suggest you people listen to this veteran. We are very fortunate he's sharing his wisdom with us. His results speak for themselves.

Who would listen to a duck!!

 

[KIWIKARLOS]

For amateurs like myself you aren't as knowledgable about day trading and other tricks of the trade i rely on trying to pick stocks with moderate to high risk but are hopefully not to volatile because of diversified projects or income sources.

I must admit im surprised i haven't done to bad so far, currently up 15% but there were times there i was down 25% (value of shares held not actual money in the bank)

I must say i have gotten alot of good ideas from the forum. I've loaded up a bit on INL bought in at 17c, 26.5c and 28.5 looking for medium term gains.

Do you day traders still see this as a good stock for short term gains?

 

[tech/a]

Who would listen to a duck!!

You Quack me up!!

I suggest you people listen to this veteran

Bloody hell now I'm an old duck.

 

[constable]

Quick question to anyone ,when do parties have to divulge their interests in a stock ?
Is it only when a holding goes over 5% ? And if so how long do they have to provide it ?
Im tipping we should see some of these notices next week !
Ta c

 

[juddy]

A nice finish for the day, a $120,000 buy at market. No friday match out sell down.

 

[juddy]

Quick question to anyone ,when do parties have to divulge their interests in a stock ?
Is it only when a holding goes over 5% ? And if so how long do they have to provide it ?
Im tipping we should see some of these notices next week !
Ta c

Yes over 5% I believe, but with INL that is about 30 million shares.

 

[chris1983]

Exactly.
Why? Because its the price action which determines YOUR PROFITABILITY.
Not if the company is "cash cow" or otherwise.

Would you like to be holding a company which is "cash cow" or which is an explorer never likely to ever make a cent?

Answer is simple - Depends which company's share price is going up.

I suggest you people listen to this veteran. We are very fortunate he's sharing his wisdom with us. His results speak for themselves.

I better listen to him then..he's experienced. Tech does have some good techniques..but if your making money stick to your own technique. Tech's technique is great for grabbing 20/30% profit..but you have to be very much aware of whats happening every minute of the day with your finger on the trigger..because with the rises come the retraces in short term trading. I highly doubt each trade is profitable..you would get stopped out from time to time...but atleast with your stops you wont be losing much either. Once again different methods of trading..heavy research and holding will result in 100+ % profits a lot more often than what tech would have in his results.

Traders will be getting out of this one after the fast rise...the run isnt over..the trend isnt over..it is still trending up..and fundamentals say to hold.

40+ cents in a month imo

 

[clowboy]

30m oz silver?

And the plant is operating 24/7? These guys are going to be rolling in cash the next few years, without lifting a finger.

I'd be interested to see some maths for this stock. What exactly do people consider rolling in cash?

I took a quick look at there recent announcment and the way I read it, they are processing 65000 tonnes annualy and retrieving 2.2% zinc. (ie 1430 tonnes of zinc) Which is about $6mill in revenue. For a market cap of 150 mill that seems pretty low.

What am i missing?

Thanx

 

[Sean K]

I'd be interested to see some maths for this stock. What exactly do people consider rolling in cash?

I took a quick look at there recent announcment and the way I read it, they are processing 65000 tonnes annualy and retrieving 2.2% zinc. (ie 1430 tonnes of zinc) Which is about $6mill in revenue. For a market cap of 150 mill that seems pretty low.

What am i missing?

Thanx

From the reports I read they were projecting about $70m profit a year.

 

[clowboy]

Well crap, that would be nice, thanx kennas

 

[nizar]

..heavy research and holding will result in 100+ % profits a lot more often than what tech would have in his results.

It "will" ??
Have you any way of quantifying this ?

Tech's technique is great for grabbing 20/30% profit..but you have to be very much aware of whats happening every minute of the day with your finger on the trigger..

20-30% profits??
Hes made MUCH more than this.

Look at his results. KZL initial purchase, was it $1 ??
Seriously - look at his results before making these sort of calls.

 

[wintermute]

i agree there certainly seems to be alot of talking this stock up, there wouldn't happen to be a few day traders holding alot of stock

I do think every knows this stock has good potential but can they really grow the company so quickly that gains keep coming hard and fast.

I tend to agree. I'm very confident in INL, I'm holding for the long term, but I see it as something that will go up gradually with jumps at various milestones... BFS being complete is one, completing the first commercial plant is another, first licencing of the Intec process or selling of a plant to a third party is another.

the processing of the hellyer tailings IMO is only a means to an end , and that is the generation of cash, to allow them to commercialise the intec process. (though once they have a commercial plant, and are selling the intec process the revenue from the tailings processing will be a nice ongoing earner no doubts about that.

Someone asked about when they would start paying dividends??? It is this commercialisation of the intec process that will prevent any dividends in the near future IMO.... the revenue from the sale of zinc lead and silver concentrate will subsidise the costs of building a commercial plant (providing the BFS gives the green light), reducing the reliance on debt and cap raisings, I doubt there will be any left over for dividends.

INL has the potential to double in value many times over IMO, I think that the licencing of their technology or the design and building of plants has the potential to dwarf what is happening at present (but it is going to be a while yet before they get to that stage)

Tony.

 

[chris1983]

It "will" ??
Have you any way of quantifying this ?



20-30% profits??
Hes made MUCH more than this.

Look at his results. KZL initial purchase, was it $1 ??
Seriously - look at his results before making these sort of calls.

Yeah..how often? Thats great..im not doubting hes making money..but you parade around that his method is the best and only method to make money...thats the way I read your posts. As if we all need to learn his particular method..you push his method of trading more than he does. One thing I have learnt from Techs method is to be very aware of stocks that rise too hard too fast..so I have taken something positive away from his posts.

Like I said before. I hold BMN and I highly doubt Tech would of held through the dips. Even off the current dip from 1.79 to the low 1.40's he would of sold. Why? This will be a $5 stock IMO. I hold AOE from 60 cents..He wouldnt of held through the dips. I also hold INL from an avg of 14 cents. I can go on Nizar...maybe my profits equate to his profits..and i dont have the trouble of trading and thinking every minute every day about the price action. Not everyone can sit in front of the pc every minute of the day.

Heavy research and investing off fundamentals if the best method if you cant give all your time every minute of the day to the stock market.

 

[nizar]

Like I said before. I hold BMN and I highly doubt Tech would of held through the dips. Even off the current dip from 1.79 to the low 1.40's he would of sold. Why? This will be a $5 stock IMO.

Heavy research and investing off fundamentals if the best method if you cant give all your time every minute of the day to the stock market.

Well done about BMN.
Iv told you that several times.

But lets say it again to satisfy your significant ego.

Chris bro you are a champion, how did you do it?!!
Seriously, the stock of the year.
Not only did you pick it but you rode it all the way.
Now thats CLASS

Anyway, yeh, I used to be much like you in my approach 2 trading. Not anymore. I dont have long term holds anymore.

I have found personally that the amount of research done ie. heavy as opposed to light, has no correlation to profitability. Thats what iv experienced.

Like you said Chris, theres no one correct way to invest/trade, and numerous methods are profitable.

Just trying to broaden your horizons a bit. I wish someone had broadened mine when i first started. I lost a fair stack in May. Will never happen again though.

The questions which really got me thinking were:
Is there any point of doing fundamental research on a stock when ultimately it is the market which will deduce its value?
Does the market care if you "think" this is a good stock or not?
Does investing in "solid" companies have anything to do with your profitability?
Does a stock have a greater chance of going up because you think it will go up?

From my experience: the more you research a stock the more you want to be "right". And the more emotional you get.

The way you are saying that in your opinion BMN is a $5 stock, reminds me of the way i used to think OMC is a $2 stock. Thats why when my dad told me to sell, dump the stock, take the money and run when it hit 90c, i was like, no way, this is going to $2. It reversed until the mid-40s, and yes, i held all the way

But thats okay, just learn and move on, always other opportunities. And since then there have been plenty.

 

[CanOz]

Well done about BMN.
Iv told you that several times.

But lets say it again to satisfy your significant ego.

Chris bro you are a champion, how did you do it?!!
Seriously, the stock of the year.
Not only did you pick it but you rode it all the way.
Now thats CLASS

Anyway, yeh, I used to be much like you in my approach 2 trading. Not anymore. I dont have long term holds anymore.

I have found personally that the amount of research done ie. heavy as opposed to light, has no correlation to profitability. Thats what iv experienced.

Like you said Chris, theres no one correct way to invest/trade, and numerous methods are profitable.

Just trying to broaden your horizons a bit. I wish someone had broadened mine when i first started. I lost a fair stack in May. Will never happen again though.

The questions which really got me thinking were:
Is there any point of doing fundamental research on a stock when ultimately it is the market which will deduce its value?
Does the market care if you "think" this is a good stock or not?
Does investing in "solid" companies have anything to do with your profitability?
Does a stock have a greater chance of going up because you think it will go up?

From my experience: the more you research a stock the more you want to be "right". And the more emotional you get.

The way you are saying that in your opinion BMN is a $5 stock, reminds me of the way i used to think OMC is a $2 stock. Thats why when my dad told me to sell, dump the stock, take the money and run when it hit 90c, i was like, no way, this is going to $2. It reversed until the mid-40s, and yes, i held all the way

But thats okay, just learn and move on, always other opportunities. And since then there have been plenty.

Interesting thoughts Nizar. Obviously off the topic but i thought i would mention that for longer term trading you might get interesting in scanning and mechanical entry signals. Be interested in your thoughts on my post under Backtesting.

Cheers,

 

[chris1983]

Well done about BMN.
Iv told you that several times.

But lets say it again to satisfy your significant ego.

Chris bro you are a champion, how did you do it?!!
Seriously, the stock of the year.
Not only did you pick it but you rode it all the way.
Now thats CLASS

Anyway, yeh, I used to be much like you in my approach 2 trading. Not anymore. I dont have long term holds anymore.

I have found personally that the amount of research done ie. heavy as opposed to light, has no correlation to profitability. Thats what iv experienced.

Like you said Chris, theres no one correct way to invest/trade, and numerous methods are profitable.

Just trying to broaden your horizons a bit. I wish someone had broadened mine when i first started. I lost a fair stack in May. Will never happen again though.

You say you lost a stack in may..but if you had of held how would it have turned out? Most stocks that fell in May have all rebounded much stronger. You can boost my ego..no worries.

Im just trying to point out long term trading can be just as profitable as day trading if you pick the correct stocks with the correct research.

I'm not only pointing out BMN...i mentioned some others such as INL and AOE. I can mention other stocks..but whats the point. Im just saying..picking a stock before it runs will show greater profitability..look at YT..picking Jupiter mines before anyone else..now I applaud that..I actually took a holding in them after his heavy research early on but didnt stick with them...stupid me..I didnt do enough of my own research.

When they run is when guys like yourself jump on board..and you allready miss a considerable increase in sp...you also risk the sp retracing back and hitting your stops...then your out of them..and the following day they could bounce up again after the profit takers are out.

Are you still in INL after the retracement in sp..and the drop off in volume? With techs form of trading I would of thought you are out at this point in time when all the signals IMO are pointing up..up and more up. Since you trade the price action..you should be out atm..and be waiting for the next spike in volume and sp looking for a re-entry...am I right? but why? why miss a 5 cent increase when you know they are going to do this. im putting myself in a situation here..but thats what I believe will happen. Zinc prices arent stopping..cash flow will begin..no reason to sell..first shipment to head out in January..when that message comes out we will have another spike in sp and a large volume day. Since you trade price action..you will probably jump on with the momentum.

 

[tech/a]

Tech's technique is great for grabbing 20/30% profit

Actually I'm predominantly a Longterm Trader.

I have 3 longterm Portfolio's traded with 3 differents Systems I have developed.

If anyone is interested "Tech Trader" (One of them) has been live traded for 4 yrs.
Its a mechanical trading system fully disclosed and explained.Its traded on Margin and since inception the original $30K + $70K on loan is now around $380K.Its very profitable.

http://lightning.he.net/cgi-bin/suid/~reefcap/ultimatebb.cgi?ubb=forum;f=74


If you look at the results thread you'll notice some stocks have been held for years. Its my prefered method of trading. Takes a few hrs a week and you basically set and forget.

I also trade short term,it to can be very profitable,many times you can grow your investment 30-80% in a few hrs. Takes hrs of your time and you must be close to a screen.

I highly doubt each trade is profitable..

Wins/loss rate is around 40% wins 60% losses---havent worked it out lately.
R/R ratio is about 4.5:1


Both methods are vastly different in approach and application.
Both can be very profitable.Regardless of wether your a Fundamental OR Technical in trading approach.
For anyone to say that one is better than the other,hasnt done their homework.

Both Nizar and Chris have great points in the discussion.

 

[juddy]

Whilst I can certainly see the merits of these posts discussing trading time-frames, methods etc, I don't believe they belong on this thread. Cheers

 

[tech/a]

Whilst I can certainly see the merits of these posts discussing trading time-frames, methods etc, I don't believe they belong on this thread. Cheers

True my apologies INL from here.