Member Info for soleman1

there isnt enough room for you all to fit through the emergency exit at once! support may come at 120p, then a quid but until then it will probably sporadically trade with a negative bias

at multi year lows, looks like the bottom of a multi decade downtrend, way undervalued and forgotten by the market......im in today :D

for weeks i put my buy order in @2.5p. yesterday for some reason someone sold under 2p and it got me in for 2.4p lol. this stock is so far undervalued by traditional metrics im just gonna sit here and wait until the market wakes up to the stock, then make an easy 100% when it does :D

there was a reasonable recovery today so tomorrow will probably be blue but the downtrend is still strong so i give myself a 50/50 chance of getting in the next couple of weeks @3p. im into a lot of stocks atm and all going really well so i can be choosy with my entries and not overload the portfolio. while i agree with you guys that the sp is low and seems like a bottom normally theres still 10-20% left to go when it shouldnt fall any further

we meet again.... im looking to get in here @3p ask

chill fella. this stock is a gamble. its a little undervalued balanced by odds of success but not to a ridiculous extent. i believe fair value is around 1.5p but wouldnt be surprised by a range anywhere between 0.8-2p without a fundamental change. yes news would probably boost the sp and it could be really big but i dont think its just around the corner. i recon this is a slow burner long term hold

because investors believe this is the bottom and the bearish premium is being unwound. not to mention the price of producing electric with fossil fuels versus nuclear rising (of course excluding coal). there are many things that could cause this to catch fire, a bid, starting mining, rising uranium leading to speculation of the previous two GL

well, given i bought the stock five days ago for 0.3 i had to take 0.6 for a clean bagger. too much too fast makes me nervous. that being said im still bullish the stock, its still way way undervalued and i think it will continue higher although with more selling pressures. i would probably buy back for 0.45 but the chances of that bigger drop are small. best of luck here guys, this is one to hold for the future

yes, good point. a decent gap up would almost certainly spark profit taking initially. if ABG follows its cousin it will open 5-6% higher. this causes me an issue as i bought the stock at 96p, covered at 148.7 and now really dont know what to do!

it sure does feel like the pressure is building. buys far outweighing sells. each buy seems to push up the price suggesting the market makers are struggling to keep up. good news right now would force a massive re-rate on the stock price

a lot of ppl scan stocks over the weekend, being so undervalued it will have popped up to some investors, then reaching the leader boards it gained more attention. a lot of you are very negative and thats understandable looking at the chart! but know that you have a great deal of upside potential and dont sell if your at a loss the market will get wind eventually and you an get out even if you wish. personally i was very lucky to get in at 0.3, it was just that kline pointed it out to me and i had to get in so many thanks to him, my target 1-2p but dependent on the type of rally i could sell as low as 0.9

exactly, you just said it. this should be 1-2p fair value atm but were all hoping for a uranium bull run that inspires this paper project to become reality

todays gold weakness should have sent ABG downhill but the small decline is testament to the recent relative strength. that being said ABG has a habit of catching up with fundamentals the next or even days later so i wouldnt be surprised to see weakness in coming days. it took a couple of days to see the glowing earnings report translate into gains. im pretty sure ABG isnt about to embark on large further gains this round, if it moves sideways for a couple of days it is possible to hold this level but i would say the likely hood is a 15-20% retrace in coming days. watching and waiting until the market tells me otherwise

with an equivalent short im now neutral to any move, if however it drops down to 1.2 area that would be nice to start the rally over and time to take the covers off. didnt want to sell the underlying stock as i got in @96p and planning to hold that to £3.00

might put buyers off and spark profit taking, ive covered my stocks with a short position for now to be safe seeing as im on 50% profit

it will probably drop back to an extent, 120p should it be seen would be a golden opportunity but very unlikely now. which other goldies were you looking at?

well with 0 debt and strong revenue you could easily argue that the P/E should be 10-15. with next years profit easily expected to be 2mill thats 20-30 mill. add on 33 mill of assets and round down the cash to 3 mill you could make a strong case for a mkt cap of 60,000,000 conservatively and that gives you around 6p!!!!! ok so i not holding that long but i bought in at 0.3 and will let them go between 1-2p and give the next holder a chance to double up.

1: the chart is showing reversal signs and 1p is the first logical sticking point for an initial burst rally 2: the smart money will move into uranium stocks when they appear to have hit their short term lows given that uranium should have a strong winter rally this year

a very large scale oil refiner and producer of speciality chemicals. if they can work a margin there gonna make this a massive multibagger, if they cock up there gonna go broke! its a 1k punt well worth the risk but dont put the house on it

GOLD: despite a bit of a rally banks, institutions and pi have massive net short positions. the smart ones will wait for a retrace to buy back but that adds massive support to the spot price, gold isnt about to fall hard again with so much paper support underlying the market. physical gold demand is coming into season and massive look at the buying figures! there was an institutional investor on bloomberg today saying her ordered physical gold weeks ago and it still hasnt come, they just dont have the supply to keep up! really is gold going down? it did, it crashed but look forwards guys not backwards ABG: some have sold out and taken recent gains but we closed again at the highs after strong gains, the chart is just a dream with the inverted head and shoulders which was signaled on the 120p breakout. the chart pattern now targets circa £3.00 but that figure is the first major resistance and my target. yes of course there will be set backs and wobbles in the paper spot price but look at the facts. ABG is profitable even in the worst quarter for gold i have ever known, they are commited to dividends, debt free, cash rich and the future looks shiny for both the metal and the stock. do you really think the fed will let interest rates rise on the fattest debt on earth?? they cant afford to, ending QE would send interest rates skyward causing massive risk to the us and ultimately a much weaker dollar, look what happened during the debt limit debacle 2011