WMT - Western Metals

[zt3000]

maybe but i move from stock to stock very quickly and if this stays at 13 cents for two months ...i probably would have done 10 to 20 simular trades in that time....more than paying for any capital gain tax here. remember you cant go broke from paying to much tax. the only thing that annoy me is that the government risk nothing and when you lose money they dont pay you anything but if you make money they want nearly half ...so the odds are against you before you even start trading.
my rules ban me from re-entry for three days
sidelines for me now....good luck holders

I concurr, you have a good point

 

[zt3000]

What i dont understand is where is all this volume and gains coming from without any announcements ?

I understand they have a strong board, good prospects for the future ... but now ...

 

[Snakey]

What i dont understand is where is all this volume and gains coming from without any announcements ?

I understand they have a strong board, good prospects for the future ... but now ...

these guys have a massive amount of land in tanzania and they have only jorc compliant a tiny portion in the last ann. break of 10c was inevitable imo
more jorc ann will increase resource/share price but for now i think it needs time to cool off
i'd be very very surprised if this broke 15c this week

 

[Atomic5]

URA on the LSE:AIM lost ground today and is not pushing any new highs. Remember URA has no USA JV.

Im holding but I have no idea why except this BLR copycat sp phenomenon. There was something like 8m sellers to 40m buyers at one stage.

 

[jemma]

I`m probably not observant enough but some of these buyers for a speculative share are way way in.

Sorry wysiwyg can you make your point clearer here, what do you mean buyers for a spec are way in. Are you stating they are buying strongly so there must be someting big on the horizon??

 

[Wysiwyg]

Sorry wysiwyg can you make your point clearer here, what do you mean buyers for a spec are way in. Are you stating they are buying strongly so there must be someting big on the horizon??

Huh... I don`t often watch so seeing some over 100k transactions going through on a junior explorer (at 9 to 14 c)was surprising to me.I didn`t think people would throw that sort of money at them.

Something on the horizon?

 

[jemma]

Huh... I don`t often watch so seeing some over 100k transactions going through on a junior explorer (at 9 to 14 c)was surprising to me.I didn`t think people would throw that sort of money at them.

Something on the horizon?

Wsywig, I have over 2,000,000 shares in this and I don't find that unusual. In dollar terms i originally invested 200K.

 

[stockmaster]

Wsywig, I have over 2,000,000 shares in this and I don't find that unusual. In dollar terms i originally invested 200K.

200k is a lot of money jemma, how much confidence do u have on this share? Also how much do u normally put for each investment?

cheers!

 

[jemma]

After doing all the usual research, I am also a chartist, I was very confident it would break 10 and knew once it did it would come support. The cap raising at 9 cents was a dead give away on this as it was done a huge price compared to its trading price history.

I don't usually put 200k on every trade but my average is around 75K to 100K per stock. It does not always work as I lose money too. I bought AGS at 2.05 and had to say for a loss(glad I did as it collapsed after that).

However, I am extremely confident it will end up at 18 cents within a week ad possibly 20-25 over 2-3 weeks.

 

[stockmaster]

After doing all the usual research...

.

Can u expand on ur research a bit, why do u fink it has a chance of getting up to 18c, base on the chart i see a strong resistance at 14-15c. Do you fink it will be broken in the near future.

fanx in advance

 

[johnmwu3]

After doing all the usual research, I am also a chartist, I was very confident it would break 10 and knew once it did it would come support. The cap raising at 9 cents was a dead give away on this as it was done a huge price compared to its trading price history.

I don't usually put 200k on every trade but my average is around 75K to 100K per stock. It does not always work as I lose money too. I bought AGS at 2.05 and had to say for a loss(glad I did as it collapsed after that).

However, I am extremely confident it will end up at 18 cents within a week ad possibly 20-25 over 2-3 weeks.

Jemma,
What do you think about EXT, what a **** company management team compared to WMT?

 

[jemma]

Resistance is at fibonacci levels which is 16.5 cents which is 161.8% from where it started (2.5 cents) and next level is then 25 cents which is 261% on fibs.

 

[jemma]

Jemma,
What do you think about EXT, what a **** company management team compared to WMT?

Yes I gave up on them after giving them so much of my time and yes management is a big disappointment here. I will come back to this after reconstruction of capital but until then it is going nowhere. Good luck.

 

[johnmwu3]

Yes I gave up on them after giving them so much of my time and yes management is a big disappointment here. I will come back to this after reconstruction of capital but until then it is going nowhere. Good luck.

EXT was very hot previously, but few made money on it, it wasted me lots of time and energy. to say nothing of the MONEY !!!!

 

[mickqld]

After doing all the usual research, I am also a chartist, I was very confident it would break 10 and knew once it did it would come support. The cap raising at 9 cents was a dead give away on this as it was done a huge price compared to its trading price history.

I don't usually put 200k on every trade but my average is around 75K to 100K per stock. It does not always work as I lose money too. I bought AGS at 2.05 and had to say for a loss(glad I did as it collapsed after that).

However, I am extremely confident it will end up at 18 cents within a week ad possibly 20-25 over 2-3 weeks.

Hey Jemma how long have you been in WMT. I have been extremely confidant in this one since mid Nov. In for 300k back then sitting on a tidy profit. Are you in BLR at all in for 65k since early Jan on that one. They seem to be running a very similar path. I think I read where they were re-capitalised by the same mob but not sure if thats true.

 

[jemma]

Hi Mick,

Is that 300K in dollars???, finally someone who has some nuts in here it seems.

Got out of BLR way too early and will not make the same mistake again.

Yes the same mob, Ascent Capital who relaunched MKY and DYL did WMT and BLR if you follow them you cannot go wrong, smart players there.

When do you plan to get out of WMT??????

 

[mickqld]

Hi Mick,

Is that 300K in dollars???, finally someone who has some nuts in here it seems.

Got out of BLR way too early and will not make the same mistake again.

Yes the same mob, Ascent Capital who relaunched MKY and DYL did WMT and BLR if you follow them you cannot go wrong, smart players there.

When do you plan to get out of WMT??????

I dont plan to get out of WMT for some time perhaps 12 months at least.I am not a day trader playing roulette trying to ramp up companys to make a quick buck only to miss out on sustantial profit down the track. I am super confident that their ex WMC team plus the immense experience of Dr Joe Drake Brockman will see this company become a substantial resource supplier not only with Uranium but also the Peru Cu ,Mo ,Au deposits. Just wish I had put another 90k at BLR when I had the chance but hey you cant be too greedy can you?

 

[camaybay]

Current chart. I thought the money flow would have been stronger. Does it mean it is only "idling along" as it has picked up 0.04 and with similar volume?
DYOR

 

[Snakey]

I dont plan to get out of WMT for some time perhaps 12 months at least.I am not a day trader playing roulette trying to ramp up companys to make a quick buck only to miss out on sustantial profit down the track. I am super confident that their ex WMC team plus the immense experience of Dr Joe Drake Brockman will see this company become a substantial resource supplier not only with Uranium but also the Peru Cu ,Mo ,Au deposits. Just wish I had put another 90k at BLR when I had the chance but hey you cant be too greedy can you?

Do you think all day traders need to ramp stocks to make money????
Im confused at your stab at day traders mick
Why do investors hate day traders??? Is it because they think they steal all their money??? is it because we know when to exit and when to enter and they're jealous of are skill??? Are these people failed day traders...similar to the exsmoker syndrome where they bag out smokers?????
please mick shed some light

I sold today at avg .135 close price .125 are you spewin you did not sell????
Long term is as good as short term with this one IMO

 

[Snakey]

Wsywig, I have over 2,000,000 shares in this and I don't find that unusual. In dollar terms i originally invested 200K.

That a nice parcel jemma... craps all over my 1 mil holding
I see that you saw this coming as well as I...I just have one question for you are you a boy or a girl?
One thing I know is your smart and holding this one will pay off IMO