tech/a
No Ordinary Duck
- Joined
- 14 October 2004
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its like 'home and away' around here!!
id be intereted to see who is doing better so far...the techies or the fundies. % wise that is.
its like 'home and away' around here!!
id be intereted to see who is doing better so far...the techies or the fundies. % wise that is.
Could someone who is a fundi please explain to me why buying is not occurring at lower prices if------this company is expected to have the returns touted by some as enough to have it trading at $3 plus this year.
Nothing has changed has it?
If thats the case $2.20 is a bargain
so why are we seeing it drop off---from a Fundamental view point?
Why aren't fund managers investing millions of their clients cash to
rake in a certain (according to those who would have us believe) 40%
Thats an amazing return!!
So why is price falling???
Forget the gold price argument because if thats so then the stock is governed by gold price NOT "expected" production figures.
But wait---maybe----no Ill hold my tongue until I hear from more learned folk.
Anyone with a WHY?
Anyone?
Some fundie accidentally pressed sell instead of buy.
As I thought.
NoFookingidea
Techies call it lack of demand
As I thought.
NoFookingidea
Techies call it lack of demand
Thought you had enough of this.... a million shorts to take care of?
Low volume in todays trading only reflects the drop in gold price over night.
I'd say the demand will be there when consistency of producing gold is announced.
It also has Mapawa in the back ground to work on in the future. 30ks from Siana?
its like 'home and away' around here!!
id be intereted to see who is doing better so far...the techies or the fundies. % wise that is.
Thought you had enough of this.... a million shorts to take care of?
Low volume in todays trading only reflects the drop in gold price over night.
I'd say the demand will be there when consistency of producing gold is announced.
It also has Mapawa in the back ground to work on in the future. 30ks from Siana?
Yeah I hear that.
So why are more people not buying up as prices fall?
Is there some trepidation that this may not cause the price to raise to $3 or more?
Or may infact fall short of "expectation" as this is only expectation or is it set in concrete?
It will most definately happen?
There is absolutely no doubth this stock WILL rise to $3 or more bet your house---err beatles house.---
Tech/a
The volume looks fine to me at 947,000 today, thats way above the six month average.
We have Red entering ASX300 on Monday and Commercial production commencement just arround the corner,I'm with Beatle not a good time to be short in RED shares.
Yeah I hear that.
So why are more people not buying up as prices fall?
Is there some trepidation that this may not cause the price to raise to $3 or more?
Or may infact fall short of "expectation" as this is only expectation or is it set in concrete?
It will most definately happen?
There is absolutely no doubth this stock WILL rise to $3 or more bet your house---err beatles house.---
I don't have to make that choice
But if it clears resistance then $3 is more likely
If it doesn't then breaks close support ---- then $1.20 is likely
That is all I can tell from the charts at this time
Side stepper. No offence but i thought you'd come up with that as not everyone can read the charts so it does'nt really help those that are holding. BY selling thinking it may go down one could easily get it wrong and lose out on the jump.
Off RED but Look at EKA for eg. a month back 20c now 38c. I held and held because it stayed around 20c for months I got out to buy other shares thinking to come back in later. As with that one i liked the fundamentals but no sooner had i sold it started on it's merry climb. 20k mistake tho i still made a small profit. Patience
Patience can be a two edged sword.
I haven't looked at EKA but I'll bet it had technical
Buy signals all over the chart.
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