WMT - Western Metals

greggy · 10 March 2007

Rob_ee said:
<<Did Jim Dines said to buy WMT up to what price?>>

Pardon the ignorance BUT who is Jim Dines ?

Rob

Isn't Jim Dines the guy who runs a very influential tipsheet business in North America. When he makes a recommendation stocks often fly quite quickly. He did the same thing to Uranium Equities (UEQ) last year and the price soarded over 40% in a couple of days.
I'm not holding any of these 2 stocks, but follow uranium stocks generally.
DYOR

Rob_ee · 10 March 2007

greggy said:
Isn't Jim Dines the guy who runs a very influential tipsheet business in North America. When he makes a recommendation stocks often fly quite quickly. He did the same thing to Uranium Equities (UEQ) last year and the price soarded over 40% in a couple of days.
I'm not holding any of these 2 stocks, but follow uranium stocks generally.
DYOR

Boy wouldn't I love a job like that ... how does it go ??? author and friends buy up big , then recommend, then when the true believers jump on board forcing the price up .. maybe recommend some more ... then dump at a heavy profit, or am I just assuming that manipulation goes on in the stock market...

Again I stress that I never heard of JD so can't comment on anything about him.... BUT why would you need to follow someones recomendations, surely even the most sceptical person would suspect something along those lines ?

Or is it a case of dump onto others before they dump on you

Rob

siempre33 · 12 March 2007

Rob_ee said
"..BUT why would you need to follow someones recomendations.."

you don't....do your own research, like me, if you have the time...but most peeps DON'T have the time for this, so they take the word of "the-all-wize"
Mr. Dines..."Dinzee"...

moses · 12 March 2007

WMT is up 11% on volume, currently around 24.5c, previous high 32c. There have been 3 large buys gone through, 3M, 1M and 2M respectively.

moses · 12 March 2007

A 3.6M order @ 0.25c just went through; someone is spending millions of $ on this stock today.

ric371 · 12 March 2007

Seems that 41m have changed hands today but dont forget 125mil crashed wmt by 25% only last wednesday

Is someone be pulling strings here?

sydney1963 · 12 March 2007

greggy said:
Isn't Jim Dines the guy who runs a very influential tipsheet business in North America. When he makes a recommendation stocks often fly quite quickly. He did the same thing to Uranium Equities (UEQ) last year and the price soarded over 40% in a couple of days.
I'm not holding any of these 2 stocks, but follow uranium stocks generally.
DYOR

James Dines web site

http://www.dinesletter.com/

By the way MTN close to $3.9 today,March not end yet,do you remember what I said before?

mickqld · 13 March 2007

Anyone have any information on why there is so much pumping and dumping going on with this stock? Its like watching a yo-yo at the moment. I can only think somebody is trying to push down so they can accumulate at lower prices but what would the underlying reason be for this. It has been going on for several weeks now surely they would have had their fill by now or is it just day traders jumping in and out for quick profits. Theories welcome

Sean K · 13 March 2007

mickqld said:
Anyone have any information on why there is so much pumping and dumping going on with this stock? Its like watching a yo-yo at the moment. I can only think somebody is trying to push down so they can accumulate at lower prices but what would the underlying reason be for this. It has been going on for several weeks now surely they would have had their fill by now or is it just day traders jumping in and out for quick profits. Theories welcome

Day traders. They'll move into something else soon and it'll steady. Then they might come back on more news.....

robandcoll · 19 March 2007

Could some one throw up a chart for WMT, and their interpretation.

thanks

Sean K · 19 March 2007

If it breaks up, target would be 35 cents ish. I've seen that pattern quite a bit recently, and there's a high probability of this occuring, IMO. No certainty, I must say!

The question is weather to take the risk and buy before the break, or wait for confirmation (maybe a break through red line). Often you will have missed it by then unfortunately. Buying before the break will maximise gain, and if it breaks low cash in quick to save your $$.

(disclaimer: this, of course, is not a buy recommendation. I have no qualifications to speak of )

nizar · 19 March 2007

kennas said:
If it breaks up, target would be 35 cents ish. I've seen that pattern quite a bit recently, and there's a high probability of this occuring, IMO.

And id like to add theres an even higher probability of this occuring since i dont hold this one!

Sean K · 19 March 2007

nizar said:
And id like to add theres an even higher probability of this occuring since i dont hold this one!

LOL. I'm definately in then....Throw a K at it and see what happens. I'm thinking about it, but I have a no buy rule going until Wednesday, so I might miss it.

michael_selway · 19 March 2007

greggy said:
Isn't Jim Dines the guy who runs a very influential tipsheet business in North America. When he makes a recommendation stocks often fly quite quickly. He did the same thing to Uranium Equities (UEQ) last year and the price soarded over 40% in a couple of days.
I'm not holding any of these 2 stocks, but follow uranium stocks generally.
DYOR

It went up 40% but did it fall just as fast after?

Btw WMT was like $130 per share in 1997!

thx

MS

UraniumLover · 19 March 2007

I've been stalking this one like a fox for a while, waiting for it to explode.
I've noticed a pattern. Starts with shares like ACB, UKL going off first. U plays outside of australia which are bit more advanced. Then WMT, ERN go off, so using ACB, UKL as indicator they're due to go ..

mmmmining · 19 March 2007

michael_selway said:
Btw WMT was like $130 per share in 1997!

WMT has never been $130, not even close. The highest price was about a dollar or so.

It has been bankrupt in July 2003. In Nov 2005, it got out of it, conducted 1:100 share consolidation, of course, with fresh money, and shareholders.

The data provider adjusted the capital base in the wrong way, and compare apple to pear.

UraniumLover · 19 March 2007

mmmmining said:
WMT has never been $130, not even close. The highest price was about a dollar or so.

It has been bankrupt in July 2003. In Nov 2005, it got out of it, conducted 1:100 share consolidation, of course, with fresh money, and shareholders.

The data provider adjusted the capital base in the wrong way, and compare apple to pear.

Hope it does the same thing as 94. Only time will tell ..

Go Nuke · 20 March 2007

michael_selway said:
It went up 40% but did it fall just as fast after?

Btw WMT was like $130 per share in 1997!

thx

MS

LOL..you missed that decimal place. $1.35 was the highest it ever got.

vert · 22 March 2007

looking very close to breaking out of ascending triangle, got up to 0.28 earlier then slowed and one big seller nocked it back to 0.27. slowly the buying volume has increased again and is looking promising for a run in the arvo.

Out Too Soon · 22 March 2007

Well the chart looks good for a quick trade, just don't check the fundamentals, I know I shouldn't have.

WMT - Western Metals

greggy

Rob_ee

siempre33

moses

moses

ric371

sydney1963

mickqld

Trying not to become toast.

Sean K

Moderator

robandcoll

Sean K

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nizar

Sean K

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michael_selway

Coal & Phosphate, thats it!

UraniumLover

mmmmining

UraniumLover

Go Nuke

vert

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Out Too Soon

My real name is King Julian ;)

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WMT - Western Metals

Trying not to become toast.

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Coal & Phosphate, thats it!

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My real name is King Julian ;)

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