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URL - Universal Resources

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URL has captured my attention in recent times. I think they have some very interesting fundamentals. The volume in the last few days has been very encouraging. Quite happy to take a punt on this one given its assets and strong upside potential.
 
I got in this morning and out this arvo. Large sellers appeared and saw that as a sign of exhaustion.

Announcment to ASX quiry yesterday indicated no more news than previously published and that negotiations may take some time for current development, but one for the watch list with me.

Must thank Sagitar for alerting to a good day trade for me.

I did exactly the same today. Same conditions again, but with very little volume in the afternoon. Thanks Sagitar.
 
That's excellent guys - hope you made a bundle as well. Will be keeping my eyes out for other opportunities as they strike, although with the DJIA and XAO tanking I'm not so confident there will be too many right now. Having said that, with a bit of time and patience there will certainly be new bargain opportunities coming up on the market. ;)

All the best,
Sagitar
 
Do you think there is much chance of more upwards movement on this tomorrow following today's trading?

I think the figure was around 50million in volume.
 
That's excellent guys - hope you made a bundle as well. Will be keeping my eyes out for other opportunities as they strike, although with the DJIA and XAO tanking I'm not so confident there will be too many right now. Having said that, with a bit of time and patience there will certainly be new bargain opportunities coming up on the market. ;)

All the best,
Sagitar

my portfolio was in the red today,but i wudve been in more strife had i not picked up url yesterday :D certainly made a huge difference.

thanks
 
Up 18% at the moment from yesterday's close = 0.032

I'm sitting this out now. I wish I got in when it first came up on Potential Breakout (0.018)
 
I'm in with a 60% profit now. Volume seems to be very good. I think this will push quite high in the coming months.
 
ScreenshotStudiocapture6.jpg


question is though.. how long will this run last for? two circles indicate previous jumps however the general trend is down... how long will this rise last for? who knows.. prob could jump a while considering the size of the first jump in the circle.. eventually though it will top out i imagine...

anyone shed some light on this?

btw bought in at 0.028 sold at 0.036 for 1k profit.. had an order at 0.021 was selling at 0.022.. ahh well im a beginner so i guess its all about the experience and what you learn from your mistakes..

has reached 0.042 today!!!!!
 

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are u guys still holding this? or going to lock in profits.

i think it may hit 50 cents. and if volume looks right i mite keep holding, cause if it breaks 50 cents theres a chance it mite go to the 50 - 60 range of previous support. of course thats just me being a hopeful and greedy :D
 
are u guys still holding this? or going to lock in profits.

i think it may hit 50 cents. and if volume looks right i mite keep holding, cause if it breaks 50 cents theres a chance it mite go to the 50 - 60 range of previous support. of course thats just me being a hopeful and greedy :D

Wow... 50 cents is a leap... Especially considering its around 4 cents atm... But yes I plan on holding. I think this is a company primed for big things... Takeover target if you ask me.
 
lol sorry i meant 5 cents i didnt check my decimal places haha




i believe this is ONE HUNDRED characters
 
are u guys still holding this? or going to lock in profits.

i think it may hit 50 cents. and if volume looks right i mite keep holding, cause if it breaks 50 cents theres a chance it mite go to the 50 - 60 range of previous support. of course thats just me being a hopeful and greedy :D

Yep with you. I went in for the day only for a good profit Wednesday but since reading up on the possible prospects of the company went back in Thursday. A continued flow tomorrow as it has done the last 5 days could certainly see a breach of 5 cents tomorrow.

50 cents, well sounds a bit too good to be true, and as the old saying goes it probably is. On my charting of it a target in the medium term of 10 cents where resistance will come in is very likely with the momentum it has now. The volume is unprecedented since listing in 02 so we will have to wait and see.

Thanks to sagitar once again for the alert.
 
Wow... . I think this is a company primed for big things... Takeover target if you ask me.

Trading halt today. Pending an announcement by the company. Maybe a good result of current negotiations likely, or as you say takeover target.
 
Trading halt today. Pending an announcement by the company. Maybe a good result of current negotiations likely, or as you say takeover target.


the trading halt is in regards to a finalisation of capital raising

im not certain whether thats a good thing. pardon my noobness
but doesnt capital raising sometimes involve issueing more shares, i.e. dilution
which means its bad for us? unless of course the capital raising is at an above market price. in which case im gunna load on a ton of more url lol
 
I would be ecstatic if it were the result of a takeover target, but as the ASX announcement outlines, it is due to the finalization of their capital raising.
 
the trading halt is in regards to a finalisation of capital raising

im not certain whether thats a good thing. pardon my noobness
but doesnt capital raising sometimes involve issueing more shares, i.e. dilution
which means its bad for us? unless of course the capital raising is at an above market price. in which case im gunna load on a ton of more url lol


Well... the capital raising was a 2 for 1 offer and raised $1.7 million dollars at 1cent per share. You would think that this will reduce the share price by diluting them. But I think confidence is high considering the level that URL closed at on Friday. I think long run things should pan out nicely. But you know how these things are... You can never be certain.
 
i hope so lol. this stock is keeping my portfolio out of the red. if it opens well i will buy more url. i reckon with the current momentum it shud be able to hit 5 cents.
 
Interesting, this last announcement made by URL. Somebody wants in and I think that somebody was the big buyer over the last few days before the halt.

Have just noticed, DYL's recent announcement concerning the good grades at Mt Isa, just imo, I think Paladin is the interest involved.

Now there could be a good stoush for this stock with its copper, Uranium and other base metals holding between some big players. This is looking good for URL.
 
Interesting... I have no idea what the difference between a trading halt and a suspension from quotation is.... Anyone able to shed some light here?
 
Interesting... I have no idea what the difference between a trading halt and a suspension from quotation is.... Anyone able to shed some light here?

haha same, i was all ready this morning for some massive trading. and then i realise its status was suspended. freaked me out a bit but there were still huge pre open buy orders. so i actually read the announcement.
seems like theres no difference. but from what i can infer. it can be indefinite until they feel like trading again? i dunno. someobdy clarify

hopefuly they get it finalised before friday. and if its good news + being a friday. hopeful we can expect some crazy trades :D
 
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