Australian (ASX) Stock Market Forum

WDR - Western Desert Resources

Up around 68c with no new announcement. Speeding ticket in order i think. Anyone else holding these?
 
I was. Until about 3 months ago when I dumped them for 13c and a loss after holding a year.

I gotta get out of this game I think. Just not cut out for it.
 
yeah !:alcohol: a orange haired gorilla and his mate :horse::swear: bit bigger than him and drinks alot:bier:

I think i know the ones you mean. If thats the case i'll never hear the end of it. Should come back down now its had its little run up to 71.5c
 
I think i know the ones you mean. If thats the case i'll never hear the end of it. Should come back down now its had its little run up to 71.5c
For both of our sanity i hope so,because all we will hear is how he'll teach us about share trading and what an expert he is. p.s for all you holding wdr enjoy the ride:xyxthumbs
 
WDR is looking good at the moment and a few brokers and mkt commentators have buy recomendations on them.

It might be time to restart some posts on this company again.

I hold and have just increased my holdings further with the recent share price weakness.
 
WDR is looking good at the moment and a few brokers and mkt commentators have buy recomendations on them.

It might be time to restart some posts on this company again.

I hold and have just increased my holdings further with the recent share price weakness.

Good call. Looks like WDR is on the up for a bit.

Chart attached however i am no chartist so correct me if i am wrong but looks to have broken out of a descending triangle. In today at .415 for a while and see how it goes.
 

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nice bit of movement today..was one of the few that was green on my watchlist today so decided to jump on ...AGM next week and drill results due from now to christmas...has been known to be a bit of a leaky boat when it comes to news so will find out if "my hunch" delivers paydirt over the comming weeks DYOR...:D:D
 
nice bit of movement today..was one of the few that was green on my watchlist today so decided to jump on ...AGM next week and drill results due from now to christmas...has been known to be a bit of a leaky boat when it comes to news so will find out if "my hunch" delivers paydirt over the comming weeks DYOR...:D:D

Hope you got out on the high....wasn't there for long!!
 
I like this one.

Price recently pushed through the high volume area bar on 24/4/2011. It then pulled back on that crazy day. I like the shakeout the day after, right down to previous resistance and closed towards the top of the high volume area.

Today looks strong and like a good entry. A test/no supply day on very low volume.

Some real signs of strength now in the background.
 
I like this one.

Price recently pushed through the high volume area bar on 24/4/2011. It then pulled back on that crazy day. I like the shakeout the day after, right down to previous resistance and closed towards the top of the high volume area.

Today looks strong and like a good entry. A test/no supply day on very low volume.

Some real signs of strength now in the background.

Really?
What about that massive spike reversal?
 
I had this for a few days and got out.
The momentum has gone. But now I'm out it will surely come back!

WDR.gif
 
I had this for a few days and got out.
The momentum has gone. But now I'm out it will surely come back!

View attachment 45376

Just with the low of that next bar going right down to the support area on decent volume and then closing just off the high, makes me wonder....... is that bar a shakeout?

This is one I'm very curious about.
 
Just with the low of that next bar going right down to the support area on decent volume and then closing just off the high, makes me wonder....... is that bar a shakeout?

This is one I'm very curious about.

A classic shakeout occurs at the end of a range defined as accumulation

Have a look 8 bars to the left of what you are calling a shakeout .

The bar you are talking about what was the character of the action before and after ?
I would call it weak ..
What was the action leading into that bar 8 bars ago ?
And subsequent ?

Motorway
 
A classic shakeout occurs at the end of a range defined as accumulation

Have a look 8 bars to the left of what you are calling a shakeout .

The bar you are talking about what was the character of the action before and after ?
I would call it weak ..
What was the action leading into that bar 8 bars ago ?
And subsequent ?

Motorway

Makes a lot of sense.

I guess I was looking at the bar in isolation instead of looking at the lead-up and then the action after as I should have.
 
Hi, WDR share holders (or potential shareholders)

I notice there have been no posts on this speculative company for a long time, why? Over the last 6 months the share price has dived from the mid seventies to the low twenties!

As an unfortunate to have ridden this dumper, the question is "Has the share reached junk status?. Is it time to sell and run and lick wounds? or is there life yet in this ailing small miner, with a history of poor management, despite a big name board?

Any thoughts out there?
 
WDR Junk Status?

Please forgive double posting! I thought it might be easier to access my post by starting a new thread, as opposed to linking it to a pretty dead three started in 2007

Hi, WDR share holders (or potential shareholders)

I notice there have been no posts on this speculative company for a long time, why? Over the last 6 months the share price has dived from the mid seventies to the low twenties!

As an unfortunate to have ridden this dumper, the question is "Has the share reached junk status?. Is it time to sell and run and lick wounds? or is there life yet in this ailing small miner, with a history of poor management, despite a big name board?

Any thoughts out there?
 
RIP, WDR. You died with an outperform rating from Macquarie. You should be so proud.

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