I got mine in Melbourne. Perhaps it's just taking a few extra days to get to you? Sydney is a long way away.I received interim advice to "Chess Holders" re: allocation. No cheque for the balance. Has any one in Sydney got their cheque yet?? Maybe they put our money on a stock waiting to see if it went up to make a profit and hand the cheques back.lol. Not.
I've recently sold out a part of my WMT stake to chase profits elsewhere while I believe WMT will be trading sideways...am going to be getting back in once I close off my other positions, but the WMTO options which issued last week have caught my eye. They're trading at 14.5 to 15c with an expiry of 2010 and strike price of 35c - I can get more than double the options compared to the shares for the same money. I'm thinking if the share price does take off with good news, then the options will start looking very tasty indeed.
What does everyone here think?
Looking precarious short term atm. I'm still holding my spp, but the rest might have to go if it fails here. Should be support as shown around 26 though.
I'm all out and will wait for a re-entry signal. Good re-entry around 26 ish I reckon. If it gets there. Stochs are saying it's oversold, so maybe not. Now it's broken up-trend support, this basic TA is less reliable.Looking precarious short term atm. I'm still holding my spp, but the rest might have to go if it fails here. Should be support as shown around 26 though.
Sellers are piling in on wmt. I haven't seen that for a while. It seems the predictions of downward sp were pretty correct. A lot of traders must be cutting their losses. I hope the announcement soon sends the sp back up again.
Found support as expected but not out of the woods yet. Needs those results flowing!!! I'd expect that to be the turning point, if they are ok!Comming into an interesting period here IMO. Should be good support just above 26 cents, maybe at 27. Last couple of times the Stochs has got to oversold the sp has gone for a run.
Helicopter recon and radiometrics are being conducted in Tanzania and drilling is due to commence May/June. This ann'd could be the turning point.
Geology study ann from Colorado could also be an impetus.
Or maybe just a good rumour.
I've also placed a sell order on this.. a conditional order, but a sell none the less.
Like you suggested, this may retrace back down to 0.26 maybe as low as 0.24. I would like to get back into this around that price if some possitive indicators appear.
My first trade and a loss, not a very substancial but still a loss. When I took the trade I felt a bit reckless and my senses have proven correct in this case.
Overall I feel happy with the outcome.:bonk:
Andy, What's made you get back in now. Just the support line around 27 cents? The resistance line at 34 will be hard to breach in my opinion and won't be going up till then. What has made you get back in now? Just curious for the reasons that's all. A bit of discussion and comments from others might assist with entry decisions. Cheers.I purchased WMT today, I paid a higher price then I would of liked but ohh well.. back in the trade.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?