WMT - Western Metals

noobs · 5 February 2007

10m just went through and chomped 10.5-11.5

PureCoco · 5 February 2007

12 cents! up 31.87% today. do you think it will get a "please explain?"

Snakey · 5 February 2007

PureCoco said:
12 cents! up 31.87% today. do you think it will get a "please explain?"

please read previous ann

PureCoco · 5 February 2007

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

Snakey · 5 February 2007

looks like my crystal ball is good for something after all.
must get the time and date fixed though.

PureCoco · 5 February 2007

Have you ever seen this kind of volume? Close to 70 Million traded today!

JoshyJ · 5 February 2007

PureCoco said:
Have you ever seen this kind of volume? Close to 70 Million traded today!

It saw better volume on 24th November 2006...

PureCoco · 5 February 2007

Yes see your point 3 trading days of 80 million or above since late Nov 06.

nizar · 5 February 2007

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.

Great call champ.
10c resistance is now gone this one will fly remember what happened to BLR when it smashed through 10c?

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

Its looking very strong, making higher highs throughout the day.

zt3000 · 5 February 2007

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?

stockmaster · 5 February 2007

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?

Read the announcement, "Resumes 06/02/2007 with group 5".

noobs · 6 February 2007

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.

MalteseBull · 6 February 2007

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.

there was no mass exodus on BLR

its already up 10% today

WMT will follow suit and continue to rise imo

DYOR

Snakey · 6 February 2007

MalteseBull said:
there was no mass exodus on BLR

its already up 10% today

WMT will follow suits and continue to rise imo

DYOR

strong support but a few people unloading though

nizar · 6 February 2007

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.

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 · 6 February 2007

Snakey said:
strong support but a few people unloading though

unloading are profit takers,

classic pullback before spike scenario

MalteseBull · 6 February 2007

getting hammered

glad i dont hold

nizar · 6 February 2007

MalteseBull said:
getting hammered

glad i dont hold

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.

stoxclimber · 6 February 2007

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.

Snakey · 6 February 2007

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

WMT - Western Metals

Similar threads

Privacy & Transparency

Privacy & Transparency