I'm going to just let it all hang out like nature intended. I've taken positions of various amounts in the following shares over the past few weeks. I'm hoping even if I dud out to keep this thread updated to show people what not to do. I'm not really a charter like finicky but I like to keep my ear to the ground for new developments that would indicate a price movement. I'm not going to go into too much detail as those that have interest can look up the companies for further details. These are intended to be short term plays up to about 6 months only ALA - As stated is going to be launching a new mobile app on 1st June for real estate listings. Bought @ $0.205 (29th May) - Currently @ $0.215 CNQ - Tungsten miner who expected to receive funding from Japanese company Mitsubishi to fund a project. Bought @ $0.08 (15th May) - Currently @ $0.09 CXO - As per previous thread, explorer who is currently drilling in Northern Territory for silver deposits. Results expected sometime in June. Bought @ $0.059 (29th May) - Currently @ $0.059 BBR - Graphite explorer with interests in Sri Lanka. Bought @ $0.49 (16th May) - Currently @ $0.54 RWD - Potash explorer who has interests in WA. Bought @ $0.58 (13th May) - Currently @ $0.595 TPT - Oil and gas explorer in Australia and Morocco. Bought @ $0.18 (13th May) - Currently @ $0.23 RLE - Oil and gas explorer in the Cooper Basin with plenty of territory. Bought @ $ 0.24 (27th May) - Currently @ $0.25 - Also own SXY, COE, SXY, BPT, STO and ORG that all have interests in the Cooper Basin. I'm expecting the bigger players may start becoming hungry over the 12-18 months and Pacman the little guys. May the share market gods have mercy on my soul
Gee I hope they "pacman" a few of the rumps I've got left over from buying in this sector years ago - SRI, AAR, HEG, INL, PYM, AGS, MAR - and those are emphatically NOT recommendations. Thanks for the kind reference to me as a charter. Brrr... these sort of stocks make me feel like an ex-junkie smelling someone bringing it into the room
Really interesting stuff. Hope you come out on top. It is very kind of you to share your decisions with us all without fear of looking foolish as many of us would. Makes for a nice change in posts. Everyone has theories and ideas but it is the brave man that acts. Good for you.
fo sho - should know the results of the drilling in a couple of weeks. Another oil company recently found a black gold mine not too far from where TPT is drilling.
Think it would be worth a punt? I have some spare cash and keep putting off buying shares... but obviously this one looks too good to be to be true. Even 1/10th of their prediction would keep me very happy!
One that is very bullish on the Ichimoku chart is (MRF) A vein graphite play. They start drilling tomorrow. Looking at the chart we can see that Senkou Span A is about to cross above Senkou Span B, the SP is above the cloud. Tenkan sen has crossed Kijun sen, & Tenkan sen is also above the cloud. Today Chikou Span crossed Senkou Span B making all the elements bullish for a breakout on the share price. Since graphite is hotter than a corner whore at the moment, this one is defiantly on my watch list
Graphite is the place to be atm. TON, LMB, BBR, KNL, MOX, SYR and TLG have all had runs recently or are consolidating from a recent run. Have my eye on LML and AXE as well.
Well what ya know it! Have placed a bid on TPT for tomorrows opening. Put a stop loss on this time round due to the risk so, here goes :0 Not long til' they begin drilling woohoo..... Just not willing to move on gold miners right now after looking into things a little more. Perhaps August? Need some cash now though after this last speculation lol....
I know this sounds silly but how much is the punt on to this type of share? I never punt this type before. $200 worth each or amount you can afford to lose?
Yes fellas. What kind of spare cash are we talking here? You got me interested with this thread @ a time I just sold all my holdings on gold miners & was considering natural gas/oil shares. Speaking for myself, I am punting heavy. That's how disinterested I've become with metal miners.... I need to add this is & will be the only time I jump in like this. Blame it on the beer & being pissed (pissed off that is)
Not CWE is it? Lol I'm having a punt too, free carry from a win on QUB since start of year. Easy come easy go.
Just jumped on e*trade to buy $1k worth and can't remember my stupid trading password Will have to wait until tomorrow now. Spud date 15th June
Just talking to ANZ and they told me it's now $600 with them :/ Is it with CFD's you can 'buy' less of a stock? So something like $50 or $100 worth
