Member Info for HeadForTheHills

Thought the same about using other share tickers for general chat rather than as we are currently. To be honest i doubt they will mind... Same can't be said for people just taking a cursory glance and wondering why XX share has so much chat thinking it's a goer ;)

Without the charts POG has been fairly good on the dips down to 550 odd. Expecting gold price to pick up this week and POG to follow suit. I know some people here are strictly following individual charts but it's going to be Independence day weekend this week and looking for the US market to push upward taking everything else along with it. OS - was that the infamous AV day where most people were caught out! It all came good in the end..... after taking out untold number of stops

Bit of information but various brokers are palming of the placement share at quite a nice premium. Asking for c48p currently.

Overhang looks like it might have cleared. Ask has hit 0.5p for the first time in a month or so. Expect volatility and dumping of shares by PIs once they start to make their 1-2 bag if this starts to move. Have not looked at charts on this and can not offer a recommendation either way. Playing with free money here and have been for some time.

Avoid VGM, you'll find better plays than that even if it comes good.... unless you fancy trading VGM short term.

bid ticked up, sell price ticking up as well. Bob L. Owmen

Don't mention BLNX to me, what's worse i didn't listen to my own principle of not investing in IT shares in the midst of a recession when they aren't one of the bigger outfits :~ Lesson learnt there for the next recession.

60p Alert just notified, not tempted to touch this yet. On the fence to see if 50-55p is reached, 53p is 61% fib retracement based on adjusted charts but i fear they aren't much use at the moment with this OO/RI.

It really is a little disheartening the short term protectionism that goes on in shares, posters encouraging others to buy in for the benefit of themselves. Equally as worse as inexperienced investors encouraging each other to buy in with predictions based on very little and brushing things off with a switch to the mid/long term stating things will be fine. Regardless of how much others may warn the more attractive view is usually taken and you can't save them all. Not helped by every the majority of boards elsewhere doing the same. BRR is approaching buyin for me, will see how the rest of this week plays out.... oh and there goes my Lloyds below 60p alert.

Hey Mooshy the news did indeed send this up rather quickly and like most sudden increases, especially when Private investors are jumping on the bandwagon, the bubble usually bursts with 3 days. Will watch this but even without the charts i doubt there will be huge astronomical rises as before, short of a T/O or funding coming in. Working of the fib levels that i posted below, there is a lot of traffic in the mid 40s should it breach that... well will have to wait and see. Might actually switch to share buying as well.

ouch, if sub 30p does come we're going to need an orderly queue.

http://img.skitch.com/20090605-x9h3itm65rwa24f6rw1674au1i.jpg Ran straight into 58/60 line, previous support/resistance plus Fib retrace from multi month peak to trough. Rather heavy traffic from here to 63p then a few other points available. Approaching uncharted territory here. L2 has had an incredible run no doubt helped by news/BB spam/encouragement. Remains to be seen whether this level will hold, stop moved to low 50. Perhaps greedy/fool hardy for not exiting, will have to see.

http://img.skitch.com/20090604-q1be2pjcwmkk6278bc1t6einkr.jpg i could past the thing

Did i say charts are out of the window, well i'm not a fan on penny stocks nor big spikes. However sticking Fib onto todays movement we have this, which loosely falls onto previous trend lines. On for another test of this top and if it pushes upwards then heading towards 58/60p, again on previous support/resistance. Currently L2 is not looking as strong as the initial break above 50p but this may work out better to tail into tomorrow.

It's bloody volatile at the moment (understatement), unless there's a surge from US investors i think 52p may have been the peak of this move. Shame IG weren't allowing manual trades!, actually I'm curious if trade through charts is active even if manual execution is not, will have to test that at some point. There are the odd 100k buys being reported late at around 50p, tentative from the chart on historical support/resistance is around 44p odd to hold or not

Admin if you can get an indices/Forex thread up that might get a few more punters.

Up and spread narrowed, but not really sure how far this will go, back to it's price from last year when oil was three times current price.

The Australian close was 19c ~ 9p here. http://finance.yahoo.com/q?s=CFU.AX

I'm surprised there are any trees left in the MM forest. Acronym heaven, apologies there meant Technical Anaylsis (charts and other pagan arts) and Fundamental Analysis (books, company info). Used together they can work quite well but as you and others have stressed, companies that are well placed to see things out are where people should be.... and the occasional punt. Do appreciate both yours and the Guano's tips on the books over the past few months, not sure how you accountants do it though day in day out :p Don't really mind the new/novice posters wanting to learn and ask questions as we've all been there (maybe not the wonder horse) but there does seem to be a lack of basic fundamentals... shares go up and down surprisingly. May has been nice so far, not sure about the 4 seasons in a day we've been having of late. Things might be getting interesting, evil shorters must be amassing. Oh Muchi is around - get a new broker!

Some good topics covered yesterday, it's always amusing the number of conspiracy theories that come up on why a particular share has fallen/hasn't risen. Does anyone really use the banking boards anymore, or at least the main 3. I take it you don't use TA at all whatsoever now, i can't really blame you and in all honesty i find it more useful for well ranging shares or something a bit bigger than a penny stock which i find are too illiquid and susceptible to news. Used with FA they can be helpful but only as good as the interpreter. I'm sure some of the TA will prove otherwise, if it works it works.