ZFX - Zinifex Limited

[chicken]

Re: ZINIFEX..ZFX

The market is taking a breather shorts are busy covering their sells...may finish at the same price as yesterday..but heh cannot go up everyday...impossible..still in an uptrend channel....lead,copper,silver,gold up in price..Zinc down to US$1220..see www.zinifex.com.au. someone is trying to cover their shorts of 3 million shares...this stock seems to follow the allORDS...any comments..do your research..this is my opinion :nuts:

 

[chicken]

Re: ZINIFEX..ZFX

Deutsche Bank values the shares at $3 ,,plus,, I still feel $4 is achievable..the shorts got their fill yesterday and have virtually disapeared ,see shortsells on the asx...we were down 2 c but now we may have another rise today...I am glad that at least a reputable Brokinghouse can see value ...and it said shares are cheap at present price...metal prices are up check www.zinifex.com.au... :

 

[tech/a]

Re: ZINIFEX..ZFX

Chart update

 

[chicken]

Re: ZINIFEX..ZFX

Good lift today ready to breakout towards $3....Deutsche Bank values this stock at $3..whats your opinion Tech/a has been as high as $2.62...watch this one will suprise in earnings ZINC price is up :

 

[tech/a]

Re: ZINIFEX..ZFX

Chicken.

I like it.
Price action is very normal.Nice pullback and now new buyers seeing value.
Today is its highest close.Nice increase in volume.

2nd Channel Target $2.86.

 

[chicken]

Re: ZINIFEX..ZFX

Tech/a..what do you think?...might go fo another run tomorrow ZIN<COPPER<LEAD, all up in price...when the anouncements come this one will fly as the market is starting to take note....And Deutsche Bank would have done their numbers ..also check ASX shortsells have all but disapeared..so no one is prepared to stick their neck out...post chart because I have no facility jet..but will be in Aussie in February till November and will them have the gear..good luck to everyone....$3 here we come...

 

[tech/a]

Re: ZINIFEX..ZFX

C I have no idea where it may go to.
I havent looked at an exit method yet.
Havent even decided wether to hold log or shorter term.

 

[Tric]

Re: ZINIFEX..ZFX

today -
comsec: "...small cap Zinc miners also received a boost from metals prices out of LME last night. 3mth zinc reached 7-year high, helping Zinifex close up 3.09% higher to 2.67 cents per share."

seems a solid performer, only floated last may but has performed steadily for holders.
Thanks chicken for starting the thread.

 

[markrmau]

Re: ZINIFEX..ZFX

only floated last may

hehehe. You know the history of zfx though don't you? (not that this matters)

 

[chicken]

Re: ZINIFEX..ZFX

What a day up and down just checked how many shorts are left...bugger all only 76k....which is silch...so I feel as Deutsche Bank says at least $3...so TECH/a thanks for your graph it looks A1..and their results will speak this time thought they would anounce their quater ..I just dont know...I started the posting when it was $2.36...and it certainly is going up...Yes I know re history...see my discription and history about Zinifex...this company unlike PAS...has very little debt...where by PAS..just had to bloody much and this is the shell from it....they are making $$$$$ whereby PAS lost money...Yahoo has a research on earnings expectation...so..just read the article I posted and it is self explaining...everyone have a niece day..trader and all

 

[tech/a]

Re: ZINIFEX..ZFX

Pretty volitile day huge gap open indicating many new buyers jumping over themselves to buy in.
Price managed to close at a new high close level.
If gap holds then this will indicate strength.
Not uncommon for price to trade into the gap.
Still looks solid.
I would expect price to trade within the range of Today for a while.

 

[chicken]

Re: ZINIFEX..ZFX

Tech/a...intresting article posted by lookingconfident on ozestock..re Zinifex..UBS values the share at $3.10 at least as the article is to long to post read it there...yes there are a lot more people taking a look at this stock aT present plenty of strength..the Banks are not happy as they bought little but the YANKS are in it and buying more..just goes to show where this stock will be heading..????? NORTH :iagree:

 

[chicken]

Re: ZINIFEX..ZFX

Also, Chinese Smelter cut production by 100k untill april...Triggers increase in ZINC price...it also MAQUARIE says that there will be a world shortage of 400k tonnes of zinc...they just cant help but make $$$$ at present..so all their other metals they produce will be a bonus......this is the highest price for zinc ..intresting dont you think.....????

 

[chicken]

Re: ZINIFEX..ZFX

Friday will be a no event day around the same price as today...but watch it go higher on monday, and tuesday...seems to be the pattern by traders..closed today after hours at $2.645...

 

[chicken]

Re: ZINIFEX..ZFX

last sale at 16.38 hour shows in Tradingroom at $2.69...brokers are playing and are buying see after hour trade...lots of strength in this stock some one put their neck out and shortsold 1.1 million shares today...not a good idea I thought...I think it was for 48515 shares the last sale the brokersa are buying for their companies so anything will go tomorrow

 

[tech/a]

Re: ZINIFEX..ZFX

Chicken the after hrs sales are simply cross trades nothig to get excited about---normal business.

 

[chicken]

Re: ZINIFEX..ZFX

A broker has been working this stock short today..eg..see the 3 sales which went through at $2.56....they were 40k shares...buyers were there for $2.59...this stock will have the same trading pattern than last week..TECH/a do you get my drift..so we may even see $2,85..in the first 2 days next week...someone is really working this stock..up and down... so we shall see if my asumption will be right....TECH/a..your opinion please???

 

[tech/a]

Re: ZINIFEX..ZFX

Shorts have little relevance.
Its just an opinion contrary to our own.
It can be wrong or right.
They will have a trading plan just like we do (or should).
Shorting yesterday seems a bit late with more
risk now after 3 down days.

Tech

 

[chicken]

Re: ZINIFEX..ZFX

Zinc,Copper,Lead,Silver,Gold...all metals are up in price check www.Zinifex.com....UBS..has now put a value of $3.15..on these share plenty of upside and it will get there within the next 4 weeks to the anouncements..which will show a stellar performance....read there is a shortage of Zinc..now estimated worldwide of 400k tonnes...and all the other metals produced by ZFX are bonus...they are making $$$$ and because they are NOT hedged can take advantage of the higher prices now that CHINA requires all these metals this group produces..I just cannot see them go wrong ....we are very lucky to be in a share with this much potential...and monday will prove my point...read the article I posted on Zinifex...this one is a goer....$$$$ dollars to be made here...I am holding and my target is $4....I also mentioned Deutsche Bank and they value these shares at $3...so Banks and institution are buying big..see the last sale on friday of 600k shares at $1560000.. now those are the big boys and when they are buying in quantaties...I think 5.5 millin shares went through..it means its strong and intrest is there we may get more USA buyers coming in and then you will see the price go...our largest shareholder is USA based with 60millin shares or 12% so we will see next week but I feel this one is far from being fully priced...make your research...its ready to blow north thats what I feel...check.www.zinifex.com

 

[chicken]

Re: ZINIFEX..ZFX

Well, it looks like what I said is so....read the report www.zinifex.com.au anyone who bought will be laughing...annyway we are heading in the right direction...plenty of intrest this morning did not expect the results this morning...they are also exploring around MT ISA,....this coulds really getting intresting...what do you say TECH/a.......... :aus: