Australian (ASX) Stock Market Forum

VAU - Vault Minerals

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jah008 said:
Wow. You guys should wake up to yourselves and actually listen to what he says, you might actually learn something and make a lot of money. I have. I have made over 200% in the past 3 months trading from what I've learnt from tech/a's threads and posts.

No head in the sky. No "this stock is worth $3-$5". No BS. No hoping. No luck. Straight up trading on facts, figures and charts.

Unless you yourselves have something to contribute to the conversation. Stay quiet.
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Maybe you should take your own advice?

"omgz i made 200% from tech" is hardly conversation worthy.
 
jah008 said:
So you're upset because he's trying to help you make money??
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No, but his condescending and obnoxious attitude makes me roll my eyes.

And besides, I highly doubt he's that kind hearted of a person that he would take the time to help thousands of strangers on an internet forum.
 
jah008 said:
Wow. You guys should wake up to yourselves and actually listen to what he says, you might actually learn something and make a lot of money. I have. I have made over 200% in the past 3 months trading from what I've learnt from tech/a's threads and posts.

No head in the sky. No "this stock is worth $3-$5". No BS. No hoping. No luck. Straight up trading on facts, figures and charts.

Unless you yourselves have something to contribute to the conversation. Stay quiet.
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there is no doubt that people listen what he/she says. it has helpeed me a lot too. its more the arrogance and belittling of people that is the problem.

the original comment of 'heres to hoping.....etc' was a social comment, knowing it was going to crash, but 'hoping' it didn't go too far. Any person with remotely normal social skills would see it as that and not bother to comment further.
 
Credfield said:
No, but his condescending and obnoxious attitude makes me roll my eyes.

And besides, I highly doubt he's that kind hearted of a person that he would take the time to help thousands of strangers on an internet forum.
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mrlister said:
there is no doubt that people listen what he/she says. it has helpeed me a lot too. its more the arrogance and belittling of people that is the problem.
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So ignore it boys. Its just business. Not personal. No room for emotion when you're dealing with your money anyway.
 
This thread is going way off topic.

The topic of discussion here is RED, not tech/a or any other thread participant.

It doesn't matter if you're an investor, a trader or just an interested onlooker, everyone has the right to post their thoughts or analysis without being personally attacked for it. Whether someone is bullish or bearish is irrelevant as long as they back up their point of view with some reasons that have their basis in facts or their own analysis (TA or FA).

So lets get this thread back on topic and start discussing RED again!
 
Credfield said:
Then he should be sailing the harbours of Monaco on his multi million dollar yacht.

Instead, he's here arguing with a bunch of "newbs" trying to prove how smart and technically sound he is albeit with grammatical errors along the way.
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As you can see I was over there just 10 mths ago


https://www.aussiestockforums.com/forums/showthread.php?t=22709

https://www.aussiestockforums.com/forums/showthread.php?t=22194&page=10

Mainly South of France St Moritz/Cannes/Antibes/MonteCarlo. but spent sometime in Spain/Paris and London. No Yacht not even a tinny---I get violently sea sick--even in a Ski boat!

Even a Dumbass can enjoy life.

Back on REDDemand is terrible this morning very light volume.
 
With any luck I'm hoping to see RED have another run at 2.35 assuming that it can (and fingers crossed) muster enough strength to bounce, and fundamentally it should, off the 2.10 level which hopefully offers enough resistance.

08-03-2012 12-32-50 PM.png

Otherwise that 2.00 level is it.

Not very interesting, still weak.

Good luck.
 
tech/a said:
Litmus test today.
Is there demand?
A sharp reversal on volume will confirm it.
Poor volume with less than 50% of yesterdays
range covered on close will be dismal.

here's HOPING
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Tech. What do you mean if the close in volume of less than 50% will be dismal for RED?
Could it be that the market is at a stand still until RED comes out with further announcements? Hence no volume and small trades.
I can see that you dont trade on news or fundamentals but only on what the chart is telling you and noted you have been correct at getting out at $2.30 on your last trade.
Good if you can read into the charts as you do but for those of us that cant we have to rely on fundamentals.
It may take awhile but if the POG maintains its current value my monies on RED to steadily rise over the next 6mths.
But having said if i could trade as you and read into the charts correctly most of the time i'd be doing the same as you so it's been interesting to read your views to do with RED alone.
Who knows i might get the hang of reading charts correctly one day and trade as you do.
 
Poor volume with less than 50% of yesterdays
range covered on close will be dismal.
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We should always be looking for Effort or Lack of effort.

Yesterday we saw effort from Sellers with supply chasing price down 12c
With today if there was effort from buyers you'd expect that lying in waiting yesterday these "potential" buyers would be thinking that RED is cheap NOW--today.

They'd Jump at $2.13--well from what I saw a couple jumped at it--but thats all.
Sellers held back to see if they could get a higher price.

If we don't see a gain of 7c or more on close then there is lack of effort from Buyers.
Lack of demand doesn't sit well for a gaining price.

And if you look at the days chart buyers and sellers are indeed foxing with price.
Happens all the time Support--Resistance.

SPECIFICALLY ON RED.

I see this as a "Potential" stock. Driven in price by its potential.
Fundamental potential is posted on this thread most days.
Announcements confirming---or disappointing those with such expectations of potential abound in a month.
Its not driven by profit but by the promise of profit.
In fact that promise grows and grows with each dissection of "Potential".

I only know of one way to guage what the market is thinking re this or any stock.
It reads like a book. While the plot may remain the same the character is still the same
its potential not profit and as such.
 
tech/a said:
We should always be looking for Effort or Lack of effort.

Yesterday we saw effort from Sellers with supply chasing price down 12c
With today if there was effort from buyers you'd expect that lying in waiting yesterday these "potential" buyers would be thinking that RED is cheap NOW--today.

They'd Jump at $2.13--well from what I saw a couple jumped at it--but thats all.
Sellers held back to see if they could get a higher price.

If we don't see a gain of 7c or more on close then there is lack of effort from Buyers.
Lack of demand doesn't sit well for a gaining price.

And if you look at the days chart buyers and sellers are indeed foxing with price.
Happens all the time Support--Resistance.

SPECIFICALLY ON RED.

I see this as a "Potential" stock. Driven in price by its potential.
Fundamental potential is posted on this thread most days.
Announcements confirming---or disappointing those with such expectations of potential abound in a month.
Its not driven by profit but by the promise of profit.
In fact that promise grows and grows with each dissection of "Potential".

I only know of one way to guage what the market is thinking re this or any stock.
It reads like a book. While the plot may remain the same the character is still the same
its potential not profit and as such.
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Interesting stuff Tech. So going by the close today and what you have said RED should'nt be looking too good overall atm with volume of 350,000 (550,000 yesterday) and up only 5c. Would you say tomorrow would down day or hang around where it is at present till volume and demand comes back into it?
 
Hi ALL RED followers, and wow I'm away for a day from posting and seems its run wild with differing views (and personalities!!!) etc.

And when you sit back and observe the various posters, there are basically 2 camps. The traders and the investors. Each with a completely different focus, although some seem to be turnover at an opportune time (Mardo for one by the sound of his last post). And as long as both groups make some money who cares actually.

Tech/a has confirmed that RED is a great trading company due to its "perfect technical behaviour" (or words to that effect), on the other hand I for one consider it to be a greatly discounted company based on its valuations and prospective PE for the year coming (or as Tech/a puts it, "potential). Any stock market analyst will say that the market is forward looking, at the "potential" earnings, so that is absolutely essential for any investor seeking a return from forecast future earnings. And RED is now at the beginning of its gold production stage, for at least 10 years based on reserves, thus its got a great longer term outlook.

I don't see there being any reason for us all to be squabbling, actually we all seem to agree its a great stock to trade/invest in, the big conjecture is when to get in or when to get out etc. And the fact that it has been range trading for a long time then I can't see problem with those investors who decide to switch to trading it at or close to its historic highs, around $2.35 so Mardo your strategy clearly has worked.

I am a frustrated longer term investor, I admit to that, but I won't be switching over for any opportunistic shorter term gains, I want to maximise my returns, on a post tax basis, and since I am confident that it will provide a far great return in the medium to longer term I don't dare trade any shares, notwithstanding that even at the current price I stand to gain considerably. (On an annual basis that overall return of course is not so startling, but since I can't get a return on other investments I am happy to hold for the longer term).

Good luck to all traders/investors, but please don't assume that because its been range bound to date that's where it will stay. IT WILL definitely break on the upside some time, within the next weeks/months IMO, and you can remind me of that comment in coming weeks for sure. AND you will get a much better annualised return if you buy and hold from now than myself due to you not holding for so many years to date.

And by the way, I don't have any worries about anyone ignoring me or having a go at me, I am an old man now and have been investing for more than 40 years, so I am not concerned by all the garbage that gets slung!

I remain faithfully (and frustratedly too) a RED shareholder,
Beatle (lol).
 
jancha said:
Interesting stuff Tech. So going by the close today and what you have said RED should'nt be looking too good overall atm with volume of 350,000 (550,000 yesterday) and up only 5c. Would you say tomorrow would down day or hang around where it is at present till volume and demand comes back into it?
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There is a possible long trade with very little upside($2.35 ish) using the pivot low as a stop (Likely to come first).
Not one Im interested in---as a trader.Me Ill wait and see.

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red 13.gif
 
tech/a said:
Very weak.

This really is traded by the minnows.

Course of trades.

http://www.stocknessmonster.com/stock-trades?S=RED&E=ASX

When your biggest trade is a few 1000 nothing much is going to happen.
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Tech. Your right nothing much is happening with RED tho volume in trading slightly increased towards the end of day.
So with REDs low volume and sp much the same as opening would you say it be a bit tricky in accessing which way the sp could head from here at this stage?
I look at stoxline as a tool sometimes to confirm a buy or a sell with the fundamentals of a company that i like. Currently they're showing RED as a neutral buy.
 
jancha said:
Tech. Your right nothing much is happening with RED tho volume in trading slightly increased towards the end of day.
So with REDs low volume and sp much the same as opening would you say it be a bit tricky in accessing which way the sp could head from here at this stage?
I look at stoxline as a tool sometimes to confirm a buy or a sell with the fundamentals of a company that i like. Currently they're showing RED as a neutral buy.
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$2.35 is looking pretty remote.
I favor drifting away to below $2
at this point.
There is no interest from big players from what I can see in
course of trades.

At least when it was a 20c stock youd get the punters plunging it
and some volatility.
Punters are gone $2 is too expensive.
 
i think that it has been piggybacking the market rise, however any negative news out of Asia, US or Europe and it will fall like a sack of spuds!!
 
tech/a said:
$2.35 is looking pretty remote.
I favor drifting away to below $2
at this point.
There is no interest from big players from what I can see in
course of trades.

At least when it was a 20c stock youd get the punters plunging it
and some volatility.
Punters are gone $2 is too expensive.
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Ok interesting analysis Tech. Lets see if you're correct even tho i hope your wrong.
Oops there's that word hope again. lol
No interest will drive the price down and thats where good management needs to come into play. (unless their just worried about their own pockets) If RED management continues to play low key in informing the market i'd agree with you but knowing my luck the moment i'd sell some announcement would come out and drive the price up.
Having said that tho RED to me in the long term will rise on the strength of their production output. Market could be waiting on positive results with RED being in it's infant stage of producing and needing something more concrete in order for it to respond.
 
jancha said:
Ok interesting analysis Tech. Lets see if you're correct even tho i hope your wrong.
Oops there's that word hope again. lol
No interest will drive the price down and thats where good management needs to come into play. (unless their just worried about their own pockets) If RED management continues to play low key in informing the market i'd agree with you but knowing my luck the moment i'd sell some announcement would come out and drive the price up.
Having said that tho RED to me in the long term will rise on the strength of their production output. Market could be waiting on positive results with RED being in it's infant stage of producing and needing something more concrete in order for it to respond.
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Until real money enters this stock
It won't go anywhere.
The $2 price tag on a penny is a concern.
I think. It's not being traded like a decent $ 2 stock.
Very toppy.
 
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