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WMT - Western Metals

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Hi Snakey yes, they have had some interesting announcements and broadened their scope of business nicely over the past few weeks. It is good to see the market's appreciation of them
 
looks like my crystal ball is good for something after all.
must get the time and date fixed though.
:D
 
jemma said:
Guys/girls

I bought in Friday at 9.1, Support clearly at 9 and it is making higher lows in strong short term and long term uptrend.

I understand people's concerns with the wet season and drilling not continuing until May, BUT you have underestimated the connection with Lynx in the USA. Clearly as they state they are seeking acquisitions in the USA and if they do the projects will be advanced stages.

This will be announced shortly. I expect 3 days of sideways movement before another attack on 10 cents. Support at 8.5 also provides a buffer.

What doesn't make sense in this stock is it has massive volume days but still cannot go up. Which means someone has been soaking all the excesss shares over the last 8 weeks. Last two days has seen accumulation days.

When it does break 10 should skip along fairly quickly.

Just a matter of time before it does IMO.
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Great call champ.
10c resistance is now gone this one will fly remember what happened to BLR when it smashed through 10c? :D

Havent taken a possie but will probably do before the close.

Its looking very strong, making higher highs throughout the day.
 
Can anyone explain to me why there are open orders still left in the market depth where the buyers and sellers havn't been matched?
 
zt3000 said:
Can anyone explain to me why there are open orders still left in the market depth where the buyers and sellers havn't been matched?
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Read the announcement, "Resumes 06/02/2007 with group 5".
 
Would anyone like to comment on what they think WMT will do today? A fairly poor response to their speeding ticket do we think it will do what BLR did yesterday with a mass exodus.
 
noobs said:
Would anyone like to comment on what they think WMT will do today? A fairly poor response to their speeding ticket do we think it will do what BLR did yesterday with a mass exodus.
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there was no mass exodus on BLR

its already up 10% today

WMT will follow suit and continue to rise imo

DYOR
 
MalteseBull said:
there was no mass exodus on BLR

its already up 10% today

WMT will follow suits and continue to rise imo

DYOR
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strong support but a few people unloading though
 
noobs said:
Would anyone like to comment on what they think WMT will do today? A fairly poor response to their speeding ticket do we think it will do what BLR did yesterday with a mass exodus.
Click to expand...

I expected much greater things at the open for WMT. I was confident of 15c today after yesterdays what i would call a perfect performance.
 
MalteseBull said:
getting hammered

glad i dont hold
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Needs to close above 10c today, and create a new support there.
Glad i dont hold either, if i did buy yesterday, i wouldve got stopped out as soon as it reversed to 12c.
 
Hammered isnt exactly the word I'd use...after it's gone up 40% on no news..I'd sure be glad to hold for the last 2 days, down 10% or not.
 
A lot of people could see this break of 10 coming. they now want quick profits
maybe a little too quick
its taken along time to break this barrier
im sure the market wont let this fall back through 10c
if it does ill eat my contract notes
ive already topped up on this mornings weakness
 
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