SPX - Spectrum Metals

[barney]

impressive .....enough steam to keep going..could be one of those once in a decade rip-roaring takeoffs

Who is supplying all that Buying Volume I thought it was done and dusted at 0.089

Currently 82 million traded today … The Sophs bought 116 million in the cap raise … it cant be that simple

2 minutes later, now 87 million traded …. and maybe .089 is D and D … who knows.

Make that 88 million (slow typer)

 

[Joules MM1]

no one at topstocks.com or sharescene.com have any current posts, that leaves us and hattusscrappuss.crank

so whomever is doing the turnover are jockies

halfway for today is 84, closing below, with more on offer, would tell us the % is a bit stretched

currently 44mmbid 10mmoffer

 

[barney]

no one at topstocks.com or sharescene.com have any current posts, that leaves us and hattusscrappuss.crank
so whomever is doing the turnover are jockies

I like horse racing but I don't trust jockies

Intraday Chart backs up your 0.084 level …. watching with interest and for education

 

[Joules MM1]

the # of bidders has increased in the dom, the size of the bid pending has decreased, there is now av 35mmbid v 12mmoffer ......retail chomping at slow sellers

i think we can get this a lot cheaper over a few more days unless a drill-thrill is released

 

[barney]

i think we can get this a lot cheaper over a few more days unless a drill-thrill is released

Yeah agree ….. Fundamentally the Co. looks in good shape for a Spec …. but the run has been steep.

If I was a holder, I would not like to see 0.073 get taken out easily in the short term, otherwise 6 may come back into play.

Profit is in the bag …. Well traded I think Joules

 

[Joules MM1]

no pullback
trend structure still carries an impulsive build even while the larger xjo is on a 100+ point pullback

holding 082's

 

[Joules MM1]

xauusd confirmed it's break-up/break-out today
many eyes are back on PM's

retail hype machine is in full swing and not quite at "this can't fail" mode ......

 

[barney]

xauusd confirmed it's break-up/break-out today
many eyes are back on PM's retail hype machine is in full swing and not quite at "this can't fail" mode

Are you thinking another entry Joules?? Call me a chicken, but I'd be wanting to jump in on the next substantial retrace at low 6's after such a big run up … may never happen, but if not … just another one slipped to the keeper

 

[Joules MM1]

Are you thinking another entry Joules?? Call me a chicken, but I'd be wanting to jump in on the next substantial retrace at low 6's after such a big run up … may never happen, but if not … just another one slipped to the keeper

"[i'm] holding 082's"

yep

got some when the sell at the open failed to materialise and sellers were quickly gobbled up, doesnt mean we wont get a better discount but bidders still arriving so that's where the long-only game is right now, maybe it'll change after the diggers conven is over and now gold in USD's has made a break-out (theyre represented but not presenting as far as i cant tell)

sideways for a few days wouldnt surprise, there's no rule that says price has to revisit the capraise so low 6's is probably less likely, i'd rather be long than short if it was a doordie question

 

[explod]

Looks like an excellent chart to me. And after such a week the drop Friday is the understandable take off the tie and head for the pub.

If Aussie gold holds todays gain overnight I will feel envious of you holders IMV.

 

[Joules MM1]

still holding this thing ......qualifier as a blow-off stock ....social media kiddies are all giddy az

@barney is it fitting your style, yet ?

 

[explod]

Big buyers moving into this, is going to keep going up IMHO.

 

[barney]

still holding this thing ......qualifier as a blow-off stock ....social media kiddies are all giddy az

@barney is it fitting your style, yet ?

Lol … no one has ever accused me of having a style Joules … if I did it would called "Daggy-dad" … according to my kidz They just don't understand what true trend-setting is all about of course!

Its funny, I actually get almost (I did say "almost") as much enjoyment seeing someone else crack a winner as I do when I get one.

You have been working this one over and had the tenacity to go back in based on your market depth analysis when I would have been a big scaredy cat.

Hats off from me Mr Joules … over the magic 10 cents ....

Lets hope she continues on multiples of those 0.05 increments so you can throw a big party and supply us all with copious amounts of bourbon and coke

Out of curiosity .. what is their current Market Cap? … Is it as small as I think?? …. If it is, and the Penny really drops …. you might need a truck for all that cash …. lol

 

[explod]

This is just brilliant for you Joules and the drop off in volume at the end of today speaks volumes IMV for next week:-

 

[barney]

This is just brilliant for you Joules

Yep …

In a perfect world …. The move will gain some momentum and the jagged 10.5 cent level will get gapped up on Monday to 11 or higher …

Then you can sip margaritas for a couple of weeks just because you can afford it lol …

 

[explod]

Geeeezzzzz barney, my IMV means "in my view", just don't want to mislead anyone against the AU stock:-

It's Friday, have a rest

 

[barney]

Geeeezzzzz barney, my IMV means "in my view",
It's Friday, have a rest

What do you mean? I am resting! I've been out doing real work today

Just about knock off time now … Good luck on Monday Open @Joules MM1

 

[Joules MM1]

This is just brilliant for you Joules and the drop off in volume at the end of today speaks volumes IMV for next week:-

i had a 'measure' to exit at 10.9 on a weak/fake take-off (based loosely around a news release which we got thru the canadiana/barton connect) a pop on the open monday then i'll look to close then...but you know the fluffy clouds and rainbows are singing and every euphemism and analogy is being applied by happyfeet retailers across social media so and when price slumped back to .068's and i thought i'd got an 'investment' someone came in and did the lift within a cupla hours to .074's and off we went again on lower-than prior-to volume, less volume doesnt imply a rotation

my take-away, deep pockets are at work to get this thing rolling into a rocket, price is very well supported as shown in that swing to .068's and you can see it in @explod 's chart, a very smooth swing, retail is giddy at the vocal pump, there's essentially no reason to exit right now, metals are all the vogue, you go with the vogue until the vogue goes rogue ....oh god...stop me....where's my coffee....

 

[barney]

Yep …

In a perfect world …. The move will gain some momentum and the jagged 10.5 cent level will get gapped up on Monday to 11 or higher …

Going well … 10.5 currently eliminated. A 12 cent close this arv would be handy 12.5 would be even handier!

 

[Joules MM1]

Going well … 10.5 currently eliminated. A 12 cent close this arv would be handy 12.5 would be even handier!

a turning worm, @barney
all the kids who's dads mates got the inside scoop are in......no one left to sell to ?