Australian (ASX) Stock Market Forum

TOE - Toro Energy

In the current climate, it might be unwise to sell on the first day imo.
This stock could have a real future.
It's more a question of getting hold of more at the right price. (might have to sit it out)
.
 
laurie said:
Ok now who here will sell on first day trade and take a profit :p:

cheers laurie

laurie
this was my initial thoughts about this float...

but after seeing the demand this high, maybe ill hold a few days or weeks.... im even thinking to buy more on open!

coz if first day goes up, it will probably go up the first week or month, before having a breather... its hard to tell really, have to see the depth on open
 
nizar said:
laurie
this was my initial thoughts about this float...

but after seeing the demand this high, maybe ill hold a few days or weeks.... im even thinking to buy more on open!

coz if first day goes up, it will probably go up the first week or month, before having a breather... its hard to tell really, have to see the depth on open

Taking EME as an e.g who knows what will be the sp on day 1! I assume those who missed out in the public float will try to get some also remember it's only hype driving the price at the moment would be really funny if they are sitting on NOTHING ;)

cheers laurie
 
Look at EME as a guideline,

I think if you guys get over $1 sell,

Wait a few weeks for it to go quiet and pick up at say 60-80c level, take your profits guys and whack em into to players that are drilling now or in a few weeks, how long will Toro take to do survey/drilling? more than a few weeks I bet,

Good luck to all those Toro holders, I missed boat, same with EME oh well, you guys can shout me a drink, (or 2, or 3 or 4 or hell just put a tab at the bar!)


Good luck peeps ;)
 
Sold over half on open at 86c, we'll see how the rest goes over the next few trading days
 
jet-r said:
i bought 10000 units at 75.5 cents
might buy more next week.

That's good news jet-r I think that's going to be the bottom sp from where it will bounce back and forth until ann comes through

cheers laurie
 
redandgreen said:
1.06 .....this is madness
scary when stocks behave like this......

Thats true, thats how bubbles start up...

but not sure is there is such a thing as a "Uranium Bubble"?
 
Hit a day high of $1.60 someone knows something but what! surprise,surprise NO ASX price query

cheers laurie
 
I exited at $1.34

made a sweet gain of 76%

a big gain like this usually end with a big correction.
 
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