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tripleblack
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Let's see, Veteran (Vietnam era), Commercial Artist, picture framer, industrial engineer & corporate executive (once upon a time), small business owner and operator, Ayn Rand fan, Libertarian (and no, its not a synonym for "Republican" or "Conservative"), and history... More
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Comments (138)
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  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    VB & TB. Re Lynas downgrade.

     

    Thanks for the heads up. & TB, like you, the very first thought that entered my head was a buying opportunity.

     

    Now for some patience, again. I think I'll keep my two positions on it and if price comes right and I've any powder, I'll add a bit.

     

    My *guess*, w/o looking at charts, is that it won't drop enough to make getting out and back in worthwhile. And with the Mt. Weld due to start up soon, I can't believe it will stay down too long.

     

    HardToLove
    28 Jan 2011, 05:52 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    Agreed, HT. Lynas is the only company in this REE fairy tale thats riding a horse instead of a unicorn or liger.
    28 Jan 2011, 07:17 AM Reply Like
  • Freya
    , contributor
    Comments (2264) | Send Message
     
    GLD has reached One Eye's target, potential exists for $123-4 but could go sideways and only go down to $125
    28 Jan 2011, 06:00 AM Reply Like
  • jimp
    , contributor
    Comments (668) | Send Message
     
    I agree that the analysis regarding Lynas is fishy and lacks any real
    substance or validity.
    28 Jan 2011, 06:59 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    (LYSCF), (LYSDY): BTW, pror to being informed of the (C) sell, the charts were strongly indicative that consolidation was over as volume has remained quite low, ticked up very slightly on yesterday's move below the support line at ~$1.99 and the candlestick pattern was a *doji*, usually an indicator that a change in price action is coming, but needing confirmation.

     

    The last time pps moved below this support line, in 9 days it moved back above the support line, hovered there about 4 days and made a strong break up, running to its all-time high of $2.39.

     

    You can see this on your charts beginning 12/8/10 with the price firmly above trend on 12/21/10. But there were likely catalysts, as I think the MSM started all the pumping of REEs somewhere around that period.

     

    Might it behave this way again? Hard to say. Without the MSM pumping, it might not. But I'm pretty confident that start of Mt. Weld production will give it a boost and will provide Citi the excuse to say "justifies an upgrade to buy".

     

    HardToLove
    28 Jan 2011, 07:37 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    Certainly seems like a very cynical move on C's part. Alas, that is the game when you have the big pieces.
    28 Jan 2011, 07:47 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    (LYSCF), (LYSDY): Freya recently posted a short line about big volume moves without a price spike indicating that "bigs" knew something was coming and were getting in early, IIRC.

     

    Might we see this, but with smaller than anticipated down moves, occur with Lynas pps?

     

    Just a thought that crossed the ol' associative processor here.

     

    HardToLove
    28 Jan 2011, 07:50 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    This LYSCF stuff looks like the bigs are positioning themselves for a very profitable run up.
    28 Jan 2011, 07:51 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    This is off topic, way off topic, but does anyone know anything about Carmel, Indiana? I am flying to Indianapolis for a job interview and was informed by the talent acquisition manager that for people in the position I am interviewing for, Carmel is where they would most likely reside. Kind of weird. I apologize for the digression, but you folks seem pretty sharp.
    28 Jan 2011, 07:50 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    "I know nutting!" (Thanks Schultzy)

     

    Start here.

     

    www.ci.carmel.in.us/

     

    Trekking through the various links provided and/or a google ought to get you started.

     

    HardToLove
    28 Jan 2011, 07:55 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    Thanks, HT. I will do that. However, I always prefer primary sources over "brochures". Nonetheless, thanks for your help.
    28 Jan 2011, 07:57 AM Reply Like
  • doubleguns
    , contributor
    Comments (7814) | Send Message
     
    It sounds tasty but I know zilch about it. If you get the job Cincinnati is not to far away so maybe we could get a face to face sometime.
    28 Jan 2011, 08:00 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2184) | Send Message
     
    I lost a colleague some years ago. She moved to the Indianapolis area for its relatively low cost of living.
    The Indianapolis Business Journal could provide some leads about Carmel.
    www.ibj.com/
    28 Jan 2011, 09:47 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » One last read from ASX on the Aussie REE stocks...

     

    Looking them over, I am seeing clear signs of the drop continuing, but also of the effect being shallow. There are clear signs that prices went lower, but that they hit strong resistance, the market drawing a line and saying "This low, and no lower".

     

    LYC (LYSCF.PK) closed at $1.845
    GGG (GDLNF.PK) closed at $1.00
    NTU (NOURF.PK) closed at $.535
    ARU (ARAFF.PK) closed at $1.325

     

    Northern U and Arafura both closed up from their daily lows.

     

    Having tracked the ASX investors for several years, some observations:

     

    They are less volatile and given to panic than the American markets. So whereas Lynas saw a 5% dip on the ASX, we might see $1.80 here.

     

    ASX prices often are prescient for ending prices here, AFTER the panic ebbs.

     

    I'm reiterating my Buy@ target of $1.82 (again).
    28 Jan 2011, 09:30 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    (LYSCF): Potential support @ ~$1.81 on the charts had me thing the same. Got a little powder ready to go.

     

    HardToLove
    28 Jan 2011, 09:59 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    (LYSCF), (LYSDY): Just saw two block of LYSCF go of at $1.85, 19.5K and 50K.

     

    But there's still a battle as most trades are much smaller sizes vacillating $1.84/$1.85 right now. On the bid/ask, not much presented imbalance so it's still a toss up.

     

    HardToLove
    28 Jan 2011, 10:09 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (5754) | Send Message
     
    Bought at 1.85.
    28 Jan 2011, 10:14 AM Reply Like
  • doubleguns
    , contributor
    Comments (7814) | Send Message
     
    EU worried about sourcing REE's.

     

    www.mineweb.com/minewe...
    28 Jan 2011, 09:39 AM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    Applying Freya's theory about big volume with little movement, look at MTCEF this morning. 265,000 shares in first 20 minuts and no price change.
    28 Jan 2011, 10:12 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    (MTCEF) ?? My platform shows 0 trades today.

     

    Where do you see this?

     

    Yesterday *almost made an "outside reversal" down, so a strong *buying* impetus would be unusual. And a couple of other technical indicators are still to the negative side.

     

    Thanks,
    HardToLove
    28 Jan 2011, 10:16 AM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    MTCEF: and now no transactions at all in Toronto for th ast 20 minutes..?
    28 Jan 2011, 10:17 AM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    Toronto Exchange shows 265,000 shares traded today, last trade at 9:50 EST
    28 Jan 2011, 10:18 AM Reply Like
  • haleiwahu
    , contributor
    Comments (3407) | Send Message
     
    Any vol trading less than 1mil could be a risky buy in that it could be difficult to do a quick exit.
    30 Jan 2011, 01:17 PM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    I know I am coming in out of nowhere here....but, I love you guys and your blog here...very nice. I am in gwmgf at .79 looking long. Can this ride out well or will there be any major dip due to dilution/capital concerns? Any advice is much appreciated. Thanks
    28 Jan 2011, 10:13 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Welcome aboard! My personal opinion (and I have been long GWM for a pretty long time) is that they are seeking a major player to buy them out, but failing that, (and they won't accept a cheap price, as well they should not), they are already financing ongoing operations from a revolving credit facility using stock, so dilution is ongoing at a low level right now - "dilution on the installment plan" is what I call it.

     

    Great Western is a frequently commented upon topic in these instablogs. You might read back over the 12 other blogs to catch up on the various views of the participants here.
    28 Jan 2011, 10:17 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    Welcome to the SA RE(N)EGADES stomping grounds.

     

    Contribute as you can, learn as you will and good fortune to ya!

     

    If you haven't followed TB's comments, I suggest you peruse a few of the older blogs of his and all the comments.

     

    Your answer probably is already there I think.

     

    HardToLove
    28 Jan 2011, 10:21 AM Reply Like
  • doubleguns
    , contributor
    Comments (7814) | Send Message
     
    Rain welcome aboard, when did you get into GWM?
    28 Jan 2011, 10:24 AM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    .79...failed to sell @ 1.00 !!!
    28 Jan 2011, 10:44 AM Reply Like
  • haleiwahu
    , contributor
    Comments (3407) | Send Message
     
    Rain, Aloha a me kapono kahiko! and welcome to the SA ohana. Great Western has proven itself solid in the last year especially since July 2010. There have been steady upswings since then. General opinion of the informed is a hold or buy. Keep your eyes on the PMs and don't panic on a one day dip. things are volitile right now and just about anything can happen, but all in all, everyone wants to make a few extra chips. You can't do that sitting on the sidelines.
    30 Jan 2011, 01:39 PM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    Thanks, Hal...much appreciated...I'm in at .79...missed sell...so think I'm gonna hold here
    30 Jan 2011, 05:31 PM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    Sorry, Hal...PMs??
    30 Jan 2011, 05:40 PM Reply Like
  • jimp
    , contributor
    Comments (668) | Send Message
     
    I just bit the bullet and bought a little more MTCEF. Kaiser awhile back recommended buying between .50 - .60.

     

    Again a bit bizarre that AVL is moving, but QSURD is down even after relatively recent positive news.
    28 Jan 2011, 10:32 AM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    QSURD hasn't actually gone down much. My schwab quote reprices Canadian stocks like it at nigh into (higher) US$ equivalents, but then during the day shows Canadian prices and corresponding changes. Schwab is now showng QSURD down 0.11, but on the Toronto Exchange it is only down 0.01 since yesterday's close.

     

    Good luck on MTCEF. They are my favorite M&A target.
    28 Jan 2011, 10:52 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » (AVL) is in line for US Guvmint freebies. Also, if you look back over time, the two stocks (AVL) and (QSURD) seem to take turns issuing news and stimulating their stock price. I do NOT believe there is any collusion here, just perhaps that their principals recognize that they are sharing an investor pool.

     

    I like (MTCEF) at these levels myself, though I recently added enough to fill my core position plus add some trading shares.
    28 Jan 2011, 10:52 AM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    gwmgf @ .79...should have sold but got greedy and hard to hold right now
    28 Jan 2011, 10:38 AM Reply Like
  • doubleguns
    , contributor
    Comments (7814) | Send Message
     
    I was wondeering what date you got in.
    28 Jan 2011, 10:45 AM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    Tues. Jan 25th
    28 Jan 2011, 10:50 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    Bought 795 shares of LYSCF at 1.82. It now certainly go lower, so get your powder ready.
    28 Jan 2011, 10:54 AM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    bought @ 1.81
    28 Jan 2011, 10:54 AM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10660) | Send Message
     
    Added @ $1.82. Good day for sniping but as usual I'm running short of dry powder. LOL.
    28 Jan 2011, 02:10 PM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    You and me both. I don't want to take too much off the top of my 40%+ gainers as I still see steam in them. I just need more money is all.
    28 Jan 2011, 02:16 PM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    when someone has a free moment from all of the cash-stacking you guys are surely doing...can anyone explain a Jan 26 post by Freya re: small-cap/mid-cap effects on GWMGF and robert ferguson's intriguing comments on gwmgf and .50 options/reverse stock split effects?? Greatly appreciated. again....all in at .79 and wondering ??
    28 Jan 2011, 11:19 AM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10660) | Send Message
     
    RainH2O: Greetings. I believe Freya was referring to Great Western (GWMGF) moving from small to mid cap status and the effects that has on companies when it happens. I was referring to action authorized by their board a while back (I believe all of us voted our proxies against.). They authorized a reverse split that has not been initiated yet and issued $0.50 stock options to qualified employees. Hope that helps.
    28 Jan 2011, 02:16 PM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    Thanks so much, Robert. So, if you will...what is the effect of moving from small to mid-cap status for an investor (primarily looking long but liking to cash in on a few short term positions along the way)? And the net effect of the 2:1 reverse split, same circumstances? Thanks!
    28 Jan 2011, 08:47 PM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    (LYSCF): Bd ask shows *lots* of support @ $1.80, but that can change as actual trade prices exhaust higheer levels of bid/ask. 12 different exchanges presenting bids of $1.80 @ 500 shares each. Of course, the 500 is only what is presented. What is actually lined up to go is much higher and can't be easily predicted.

     

    Just now, saw some imbalance to the buy side @ $1.81 which may make this the bottom for a wee bit, at least.

     

    Most trades going @ $1.82, as one would expect in this situation.

     

    HardToLove
    28 Jan 2011, 11:20 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » finance.yahoo.com/bank...=

     

    Interesting reversal of roles for a dark bear economist:

     

    finance.yahoo.com/bank...=
    28 Jan 2011, 11:27 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    Guys like him are a joke. I respect their education and position, but all of this "the sky is falling" stuff is near ridiculous. Humans are tough adaptable, smart animals. We may screw things up, but our innate intelligence, curiosity and desire to "see over the next hill" we always keep us moving/lurching forward.
    28 Jan 2011, 12:04 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2184) | Send Message
     
    Stack has a good record on getting the macro situation accurate.
    www.moneyshow.com/Arti...
    28 Jan 2011, 12:28 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Medallion does some management shuffling, issues 1,460,000 share option at $.50.

     

    www.medallionresources...
    28 Jan 2011, 11:36 AM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    Hope Freya's theory holds for MTCEF. 450,000 shares so far today with zero change.
    28 Jan 2011, 12:21 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » She and One Eye are sharp. When they talk, I listen.
    28 Jan 2011, 01:16 PM Reply Like
  • Ishikawa
    , contributor
    Comments (174) | Send Message
     
    Both Schwab and Smartmoney.com shows 5100 shares traded upto 1:20pm. Am I getting the right reading ?
    28 Jan 2011, 01:20 PM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    Right now (see timestamp on this comment), I'm showing 5,100.

     

    HardToLove
    28 Jan 2011, 01:32 PM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    You must be looking at just the US pink sheet activity. These Canadian stocks are driven by the Toronto Exchange trading. In my Schwab account I can get a real time quote which is based on the Toronto activity, but it isn't a constantly refreshing feed. Schwab's real time refreshing feed (StreetSmart) only shows pink sheet activity for Canadian stocks. I asked my Schwab rep and the reason is that offering real time feed from Toronto would cost Schwab extra, so they don't do it. I spend about $25 month for a real time Toronto feed. It is worth every penny (literally) in giving me real time bid/ask and lot sizes on the Toronto market. I still place the orders through Schwab on line at their discounted fees, but my orders are based on much better information. My Toronto feed is showing 475,000 MTCEF (MAT there) shares traded as I type, last at 0.53 for zero change on the day.
    28 Jan 2011, 01:59 PM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    I could do it if I split my accounts to allow foreign exchange trades, but that's a lot for a new guy like me to deal with while still so heavily in the learning mode.

     

    HardToLove
    28 Jan 2011, 02:11 PM Reply Like
  • Ishikawa
    , contributor
    Comments (174) | Send Message
     
    Thanks for the info. Will consider this option later.
    28 Jan 2011, 02:22 PM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    See my new comment below. With a Schwab account you don't have to do anything different. They execute online orders for Canadian stocks at either US pinks or Toronto. You don;t have to specify.
    28 Jan 2011, 02:52 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Markets are sliding due to the Egyptian riots. Oil was up slightly, but is now starting to accelerate upward in price.

     

    Gold bounced hard in the low $1300's, and is now going up as well, risk reaction as usual.

     

    Mubarak has yet to commit the military...

     

    This is not helping our overall sitrep with the REE space, but might be a favorable influence on some Strategic materials.
    28 Jan 2011, 12:13 PM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    QSURD: it almost looks as if it is being manipulated down. With a .07 spread beteen bid and ask, someone will sell 100 shares at the bid.. Hard to believe someon just had to get $569 in a hurry.
    28 Jan 2011, 12:28 PM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    That may be market maker action. Most get paid for providing liquidity. They get paid a small commission for each transaction they do. Trades such as that also draw participants in by presenting the appearance of some action and may also be used to "restock" the market maker's portfolio to satisfy various needs for servicing larger "clients". They may also be selling shares they don't need and amking a small profit on shares acquired at a lower price.

     

    HardToLove
    29 Jan 2011, 04:51 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Since the htf's are about 70% of the market on average (and who knows for a particular stock on a slow day) this is something to always keep in mind.
    29 Jan 2011, 08:27 AM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    lyscf ...is she loading to explode. Setting up nicely with the volume into next week
    28 Jan 2011, 12:46 PM Reply Like
  • ungawah
    , contributor
    Comments (887) | Send Message
     
    Great Western is holding up pretty well. It's still keeping my REE portfolio positive. I'm a johnny-come-lately -- I couldn't spell REE before 12/29, so I didn't get into these stocks all that cheaply. Lynas and Alkane were my 1st two buys.
    28 Jan 2011, 01:28 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Checking my Buy Target list again, seeing as how a mild market panic appears to be underway:

     

    (LYSDY.PK $1.82 - Current $1.82, added shares (this is the 10:1 Lynas ADR)

     

    (HUDRF.PK $1.23 - Current $1.60

     

    (GDLNF.PK), Below $1 to be tempting - Current $.99

     

    (QREDF.PK), $.41 - Current $.52

     

    (UURAF.PK), Buy@ $.82 - Current $.77, added shares

     

    URRE), Buy @ $2.48 - Current $2.66

     

    (ARAFF.PK), don't own any, looking to enter cheap Buy @ $1.16 - current $1.29

     

    (MCP), don't own any, looking to re-enter after craziness is over OR if it drops below $38, which would be unexpected short term - Currently $45.79

     

    (AVL), sold out at a nice profit, looking to re-enter much cheaper, no Buy@ determined yet - Current $5.93, with surprising uptrend this afternoon, odd trading pattern...

     

    (MTCEF.PK), Buy @ $.55 on extremely low volume, not indicative of actionable trend...

     

    (ALKEF.PK), Buy @ $1.0x, current prices, but high fees putting me off - Currently $1.21, showing recovery on ASX

     

    (NOURF.PK), Buy @ $.5x, back to $.60 strong currently.

     

    (GWMGF.PK), Buy@ $.80 - note big jump in Target! - Current $.88

     

    (NATUF.PK), Full boat, but could be tempted Buy@ $.41 - current $.52

     

    (PMNHF.PK), Core position, retracement to reach Buy@ of $.43 to add more - current $.42, showing weakness, waiting to see how trend progresses...

     

    (RBY), Buy @ $4.80 - Current $5.01, trend has reversed

     

    (GMO), Buy @ $5.55 - Current $5.18, continuing to watching trend...

     

    (TIE), Buy@ $16.65 - Current $18.48

     

    (EMMCF.PK), Buy @ $.39 - Current $.39, added shares yesterday at $.38...

     

    (STZYF.PK), Buy @ $1.86 - Current $2.25, stable short term trend...

     

    (CHGI.OB), Core position, Buy@ $2.00 - Current 1.89 and dropping, will buy near bottom...
    28 Jan 2011, 01:40 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9482) | Send Message
     
    Purchased 5000 shares of Lynas in the brokerage account for $1.81.

     

    Screw Citibank!
    28 Jan 2011, 01:49 PM Reply Like
  • doubleguns
    , contributor
    Comments (7814) | Send Message
     
    I can not buy any even the ADR since it is not blue skyed in Ohio. Who sets these damn rules.
    28 Jan 2011, 01:55 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Ohio rules sound really strange, DG.
    28 Jan 2011, 01:56 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9482) | Send Message
     
    Guns: You should be able to through your broker. However, it costs a lot; for me I think its $158 for the trade.
    28 Jan 2011, 01:59 PM Reply Like
  • doubleguns
    , contributor
    Comments (7814) | Send Message
     
    They want to protect err..umm... control what we do with our money. Estate tax starts at just under 400K here too. No one retires and dies here if they can help it unless they have an estate less than 400K. No wonder our state is sinking in debt.
    28 Jan 2011, 02:00 PM Reply Like
  • doubleguns
    , contributor
    Comments (7814) | Send Message
     
    He would not sell it to me because of the blue sky laws. Goes by the address on the account. I guess I could lie on my etrade account buy changing my address but then I would not get my statements etc......

     

    There are many more fish in the fry pan. Yummmm
    28 Jan 2011, 02:05 PM Reply Like
  • Freya
    , contributor
    Comments (2264) | Send Message
     
    If its listed, has a symbol, is on an exchange, You can buy it, anywhere, in the USA.

     

    Suggest you ask for a Supervisor,

     

    Blue Sky? Gimme a break.

     

    The problem could be with your Brokerage House's ability to handle the trade.
    28 Jan 2011, 02:43 PM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    same here, amigo...
    29 Jan 2011, 09:54 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    (LYSCF),(LYSDY): Added 1K shares to my wife's account @ $1.82.

     

    A synopsis of what follows is: downside risk seems minimal here, although not non-existent.

     

    Fibonacci re-trace of 61.8%, using 12/8-12/9/10 low of $1.46 and 1/4/11 high of $2.39 is ... $1.81!

     

    OTOH, volume was reasonably large on Friday's (1/28/11) drop, so it might want to run down some more. But it did come back up off the intra-day low of $1.79 - a very minor penetration of that 61.8% - to close @ $1.82.

     

    So, the Fib point might have been the swing point.

     

    It's likelihood seems enhanced by the fact that $1.82 is also the bottom range of a breakaway gap up on 12/28-12/29/10. Don't be fooled by the chart showing the 29th with a low of $1.00. That was a "fat finger" trade of a few shares (I forget the number, but I've posted it twice before in comments if you want to know it). The gap was filled on 1/6 & 1/7/11, but the existence of the December gap indicates that those price points were considered significant by the traders and investors.

     

    Added to that is the fact that the low for Friday, 1/28, was a penny above a support of $1.78 on 10/19/10 and we have another support off a 1/7/11 low of $1.81 and we see a good possibility that anything lower than our current $1.82 might be just an intra-day low.

     

    At least it's out of that interminable, seemingly (to me) never-ending consolidation!

     

    50 day SMA is $1.754 and rising with a slope of ~$0.01/day. So we should see some support provided by the 50 day SMA if pps should want to go lower.

     

    *If* it behaves as it did the last time it broke the lower support line, it should move back into trend in another 5 trading days or so. That would be ~$2.10, using a slope of ~+$0.02/day average.

     

    ATM the moment though, that looks totally unreasonable to me, ... except that money flow and MFI show a small uptick - money flow left oversold territory (was ~1.396MM, now 4.675MM) and MFI was barely outside of oversold.

     

    But MFI is often early, the media hype appears to be over right now as they have other things on their minds (?), and I think the next substantial move is Mt. Weld related. Not that price won't rise before then - "smart money" (!? Does that include *us*?) will want to get in before that.

     

    MHO, and I've been wrong before,
    HardToLove
    30 Jan 2011, 08:19 AM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    Great comments, HT...much needed and much appreciated
    30 Jan 2011, 05:28 PM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    MTCEF is not low volume today, it is over 475,000 shares. See my reply above, added earlier, for an explanation.
    28 Jan 2011, 02:01 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Yep, I know, but I am just tracking for my own benefit and sharing. Also, note I say it is a Buy, but that there is no discernable trend (which is true right now despite low volume on the PKs, or higher volume on another exchange.

     

    I fully realize that many participants on SA are Canadians, Australians, etc, but I just track what I am buying and selling. Executing via the pink sheets is impacted by the volume present there. Those seeking to trade actively tend to avoid low volume OTC stocks in general - too hard to make agile moves. Sometimes my comments reflect that.

     

    So, "MTCEF" IS very low volume so far today, though MAT.V might be very different. Obviously, those trading in Canada can monitor and report their own situation. This is not an uncommon situation, and it goes both ways. Sometimes trading of American issues on foreign exchanges looks a lot different from that side of the street as well.

     

    In the end, volume which will affect my personal buying and selling can be important to me. The volume enjoyed by MAT.V in Canada does me little good if I want to sell my shares of (MTCEF.PK).
    28 Jan 2011, 02:28 PM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    For anyone using a Schwab account, the Canadian volume does have a direct impact. When you place an order online for a stock like MTCEF, they will fill it with either US pink or Toronto. They don't guarantee which, but for 90% of the trades it will be Toronto. When I place an online trade here in the US on Schwab at a different bid or ask, I can see it immediately reflected on my Toronto feed. (You can call their global desk if fior some reason you want to specify only the Toronto exchange, but that costs extra and I can't see any difference in the execution I get.) Different brokers have different rules. Some may only fill orders in the pinks, but not Schwab.
    28 Jan 2011, 02:41 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Good to know, if I ever want to buy those through Schwab. Either way, for purposes of those of us whose brokers don't do that (and whose screens don't mix in that fashion, reporting volume seperately is probably a good idea. As we saw earlier up-thread, reporting volumes based upon different broker platforms can be confusing even without comingling the results.

     

    Many stocks have very high volume via the pink sheet or other OTC/ADR listings. I have always encouraged those seeking to analyze a foreign company to seek out that company's home listing and use the data there rather than assume (as so often occurs, including several times over the past few days here on SA in regard to even published articles in major media outleets) that the non-home market listings which track something else (such as just the pink sheet transactions alone) are accurate. This creates misconceptions and errors.

     

    For instance I am always carefult to avoid Market orders - and in particular, Market orders for pink sheet listings. There are often substantial delays in the execution of these transactions, particularly when they occur on a board with zero or very low volume.

     

    Different brokers have different advantages. Those with seats on multiple exchanges can often offer low exchange fees for those exchanges they inhabit. Schwab is infamous for their high fees for Australian listings, for instance, whereas ETrade has the advantage there. Etc.
    28 Jan 2011, 02:52 PM Reply Like
  • Freya
    , contributor
    Comments (2264) | Send Message
     
    Ell?

     

    What is the Canadian price that you see all of those shares at?

     

    By any chance is it around .05c?

     

    I only see around 20k shares all day

     

    Quite often with ADRs, they reflect 10 shares of the stock when they trade here.
    28 Jan 2011, 02:53 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » He's referring to MAT.V. I believed they are well over 600,000 shares traded so far on their home exchange in Canada (CDNX exchange), last I looked, and its not an ADR.

     

    Lynas' ADR (LYSDY.PK) is a 10:1 situation though.
    28 Jan 2011, 02:58 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Oops, no, I read that MAT.V data wrong, my screen is showing over 650k is their average volume, today is good though, over 480k right now.
    28 Jan 2011, 03:06 PM Reply Like
  • Freya
    , contributor
    Comments (2264) | Send Message
     
    As far as Lynas, I've got both short and long term support for it around 1.75
    28 Jan 2011, 02:56 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Interesting situation all around with Lynas, today, and over the next month...
    28 Jan 2011, 03:07 PM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    so, does that make it a safe hold at these levels??
    30 Jan 2011, 05:35 PM Reply Like
  • robert.b.ferguson
    , contributor
    Comments (10660) | Send Message
     
    Interesting day for the entire sector.
    finance.yahoo.com/news...
    28 Jan 2011, 03:25 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Piling on is now occurring. C didn't know Lynas from some cartoon kid until MCP dropped the big one with their Lockbox and new promises this week. JPM is overdue, as is BAC and particularly GS.
    28 Jan 2011, 03:29 PM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    Tripleback...was there more out of these other banks today...what are you referring to?
    28 Jan 2011, 08:58 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Not yet. C moving Lynas to their coverage list with an instantaneous "Sell" recommendation (given the real situation) is something I view as very similar to what JPM did some months ago. BAC and GS are prone to this same behavior, and will be seeking a means of emulating their henchbankster C. The main reason we don't see this more often (and more overtly) is because there are so few big, juicy targets in the REE space. MCP is the prime target, of course, but it is so locked-up with wild valuations and defensive moves - and is already overrun with the attentions of the various big banksters and breakerages - that it doesn't present much opportunity. Lynas is the logical choice.
    29 Jan 2011, 08:36 AM Reply Like
  • FocalPoint Analytics
    , contributor
    Comments (5754) | Send Message
     
    Analysts:
    When I read an analyst's review I always ask the question, why is this person writing this? In our blog, we are not being paid to write opinions, and we don't have enough capital to influence the market. We are actually acting on the behalf of our members/ readers. Our motivation is to help each other to win some against an obviously stacked deck.

     

    We all know about Pump and Dump, but there are other ploys I have observed that don't appear to have names. Here are a few examples with my suggestion for the ploy's name:

     

    Lie and Buy
    With a 'Lie and Buy', the Analyst falsely disparages a stock for the purpose of driving the price down. This presents buying opportunities, or opportunities to open shorts, sit back and wait for the sheep to sell, then close the shorts and buy. I think C's recent downgrade of Lynas was an obvious Lie and Buy ploy.

     

    Uninformed and Die
    It’s sometimes difficult to determine the motivation of an analyst. This leaves you with the question of: is the guy that stupid, or is there a profit play/salary motive? In other words is it a Pump and Dump, a Lie and Buy, or is it an uninformed and Die?

     

    Uninformed and Die occurs when an analyst has shallow knowledge in their subject area. As a result, they often miss the big picture. Individuals that follow the analyst’s recommendations end up going over the cliff.

     

    Of course, the only way you can distinguish between the various plays is by the acquisition of knowledge in the field. Due Diligence is a necessity for every play you make. Otherwise, you are just playing poker with a marked AND stacked deck.
    29 Jan 2011, 01:17 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Wonderful comment, User. I will steal, er, borrow (nope, still noti right, I ain't givin'em' back), OK, steal those for future use!
    30 Jan 2011, 09:11 AM Reply Like
  • lower98th
    , contributor
    Comments (1420) | Send Message
     
    On the "Lie and Buy" (a terrific term User). An astute analyst advised me quite a while ago to watch for a change in a key internal positive metric (a rise in FCF, as an example) followed immediately by an sell side analyst downgrade, usually on "valuation." A fairly reliable indicator that the E in pe is about to go up, giving the Boyz a chance to buy before the accounting and reporting catch up.
    30 Jan 2011, 10:01 AM Reply Like
  • Valley Boy
    , contributor
    Comments (2184) | Send Message
     
    On a similar note, there is some discussion about the dumping going on in Pele Mountain stock price. I wonder if sentiment is enough of a reason to view it as a buying opportunity.
    www.raremetalblog.com/...
    30 Jan 2011, 02:48 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » My Buy@ Target has for a long time been in the low $.4x's, which is where it has returned to a good buying opp., imo. The news which propelled it upward, again as I commented upon several times, was not particularly compelling. As sometimes happens, we saw a classic pump and dump - which I made a profit on, because I cashed in on the up-slope, and now I am looking to rebuild my core holding at a price more in line with the stock's longer term trend.

     

    Its still an extremely risky stock (as most junior miners are), but much less so at these valuations than when it was at the apex of the pump spike.
    30 Jan 2011, 06:01 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2184) | Send Message
     
    In trying to follow your train of thought, TB, about the pump and dump on less than compelling news, you mentioned you were holding it on Dec. 12, you were long at a nice $41.94% ride up on Jan. 4, you sold a third of your holdings at $.58 on Jan. 7 and you were wanting to buy it at $.43 on Jan. 18 (when to the top was put in at $.65). Excellent!
    So now that it is at $.41, I would conclude it would be an okay but not great buy if a long term view is taken considering that it was at $.33 at the start of this month.
    I would guess so long as they procure the necessary capital to open their mine despite the typical delays, that would be a decent one to buy for the long term. I have more confidence in them compared to the larger miners who tout their rare earth deposits located way out in the boondocks.
    30 Jan 2011, 07:20 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Yes. My expectations back when it was in the thirties was that it would be around $.40 by now, and given events overall in the REE space and the general markets. Geopolitical events (primarily concerning China, though there are other players, of course) have put a prop under the market trade, though they could have gone otherwise.

     

    And actually, I sold more like 2/3 of my stock, Freya was suggesting 1/3 I believe. I post most of my key trades, but I won't pretend I get them all on here when things are fast and furious.

     

    Either way, Pele was not and is not a core holding for me, so it was a trade and will probably remain a trade, rather than become "important" to my portfolio. Lynas is my single largest item on this portfolio, and with recent additions to the hoard is now about maxed out, though that could change of course if I generate dry powder in other places.

     

    My philosophy for the REE juniors other than (GWMGF.PK), (LYSDY.PK), (STZYF.PK) and (MCP) is to pick a few favorites to go long with core positions, plus trading stock which I move in and out depending upon news and events. Where I am uncertain about a stock, I sometimes initiate a position and track to see if it will perform (this often comes from chart comparisons such as those I post on these blogs). In general these test positions are always trades, and I may be in and out of them quickly.

     

    I am currently out of MCP, but I am cogitating re-entering at some point, now that we probably have another 90 days of lockbox insanity in front of us. I believe their pricetag to elevate their processing plant to 40kmt per year status will be quite costly, at least as much as they have indicated if not much more. I do not believe they have finished diluting to raise capital, since their plan of "mine to magnet" will require facilities not yet discussed, much less capitalized.
    30 Jan 2011, 07:51 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » If it helps, here is the total history I just dug out of my investments in Pele:

     

    Initiated position 11-29 3000 shares at $.3178
    Added 12-1 1000 shares at $.3192
    Added 12-15 1000 shares at $.2542
    Added 1-5 1000 shares at $.5066

     

    Sold 1-7 2000 shares at $.5587
    Sold 1-12 3000 shares at $.5715

     

    Now holding 1000 shares and thinking of adding.

     

    I believe that means I made a modest $831.90 profit, and have 1000 shares remaining at zero cost. This scenario is what I usually look to achieve with stocks which may or may not have a long term part to play in my portfolio.

     

    I sometimes indicate when I'm buying and selling, or at least when I have the time to put the data on the blog as well as the data in front of me. Usually I do not try to post precise numbers, just "selling", "adding" or "buying". Adding in my case means I am accumulating that stock.
    30 Jan 2011, 08:10 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » I believe that we have yet to determine what kind of M&A environment will occur in the REE space, or in the Uranium or several other Startegic material sectors. M&A talk was rampant at the Davos meetings. I am expecting the news along this line (worldwide, and generally speaking) to become intense.

     

    I wish I COULD isolte the potential winners closer than the dozen or so junior explorer stocks I am holding, or the 2 dozen I am tracking. As of right now, my conviction pick for Australia is Northern Uranium, which after all has already excited the interest of Lynas. In Europe I believe Tasman has the clear edge, though I continue to hold Greenland Minerals just because I like the gamble. In North America...

     

    Its the topic of my next blog, and much soul searching.
    30 Jan 2011, 08:17 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2184) | Send Message
     
    Thanks, TB, that clears that up.
    30 Jan 2011, 08:17 PM Reply Like
  • haleiwahu
    , contributor
    Comments (3407) | Send Message
     
    Looking forward to the next blog. Almost everybody took a hit on Friday, but this give us a great buying opportunity for today. So far, don't like how LYSCF has responded, but maybe towards the end of today or tomorrow it will level out. Still hovering at $1.77 up from todays low at $1.75 any comments on a major drop to $.50
    31 Jan 2011, 12:25 PM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    Go to near the end comments in this instablog and click on the link provided. That will take you to the next blog.

     

    HardToLove
    31 Jan 2011, 12:35 PM Reply Like
  • Valley Boy
    , contributor
    Comments (2184) | Send Message
     
    Perhaps Engineer Broker could be persuaded to participate in our discussions. He seems to have a knack for stock analysis.
    seekingalpha.com/user/...
    I agree with you guys. The manipulations are trumping the technical thoughts about Molycorp at this stage.
    29 Jan 2011, 01:47 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Australia is off and running, er, stumbling in Monday trading.

     

    ARU (ARAFF.PK) is down $.045, to $1.28
    LYC (LYSCF.PK) is down $.05, to $1.795
    NYT (NOURF.PK) is down $.01, to $.525
    ALK (ALKEF.PK) is down $.065 to $1.07

     

    Low for Lynas is $.178 so far, but is now showing signs of recovering to $1.80. Alkane is having a rough time, as is Arafura.

     

    With no particular news affecting these stocks, this looks like continuing fallout from the C-nuke, plus the background Egyptian flu attacking the world markets.
    30 Jan 2011, 10:00 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Typo: Price for low for Lynas should read $1.78.
    30 Jan 2011, 10:01 PM Reply Like
  • haleiwahu
    , contributor
    Comments (3407) | Send Message
     
    took about 1/2 hour to drop to $1.76 July 2010 was trading at $.46
    31 Jan 2011, 10:16 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    If I am reading this correctly, it looks like Conglin Yue increased his position in NTU:NOURF on 1/25/11. This may be old news, but I just saw it posted as an addendum to the NTU ticker this morning on the ASX.

     

    www.asx.com.au/asxpdf/...
    31 Jan 2011, 07:48 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Good to know, bukdow. Lynas may need to act soon if they are serious about (NOURF.PK).
    31 Jan 2011, 07:50 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Snapshot from ASX: Lynas is still the same as last report, $1.795, down $.05
    Arafura has improved, to $1.295, still down $.03
    Northern U has deteriorated, to $.515, down $.02
    Alkane is wounded for the day at $1.045, down $.09.
    31 Jan 2011, 07:57 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    I am thinking I may have to act soon to get some more NOURF if/when it pulls back today. Heck, even if it stays at 0.60, I'll probably buy. My core position (my only position) is 22,000 shares at 0.44.
    31 Jan 2011, 07:58 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » From the numbers I am seeing on the ASX, you should be able to add (NOURF.PK) in the low $.50's.
    31 Jan 2011, 08:06 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    Going to do it. I think the Lynas/name change announcement in February is going to give NOURF a good pop.
    31 Jan 2011, 08:15 AM Reply Like
  • ungawah
    , contributor
    Comments (887) | Send Message
     
    With zero sales of NOURF, I've been scared away of buying some and then not being able to find a buyer at some later date.

     

    Not a concern for you?
    31 Jan 2011, 09:50 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » I view NOURF as a long term situation, for a small position. I make a habit of doing this with groups of penny stocks which show promise, but might be difficult to trade. Buy some and put it away in the sock drawer of the portfolio. Funny thing is, the current wild, manipulated market has few areas like this that are relatively safe from the big predators. Notice the utterly counterintuitive situation with Lynas. Right now my entire REE/Strat screen is in the green EXCEPT for what is probably the strongest player, Lynas. All because of the market manipulations. In this upside down situation, strength is weakness.
    31 Jan 2011, 09:54 AM Reply Like
  • ungawah
    , contributor
    Comments (887) | Send Message
     
    I'll be dogged: NOURF just had some activity and is down 6¢.
    31 Jan 2011, 10:12 AM Reply Like
  • haleiwahu
    , contributor
    Comments (3407) | Send Message
     
    (NOURF) dropped to $.54 down $.06 from Friday with only 1500 vol trading.
    31 Jan 2011, 10:18 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Low $.50's.
    31 Jan 2011, 10:19 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    Picked up 12960 shares at 0.53. Add this to my 22,000 at 0.44 and I will soon be invited to the same functions as Mr. Yue. Or, as I call him, Conglin-baby.
    31 Jan 2011, 10:51 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    (LYSCF), (LYSDY): Bid/ask looks to be lining up for a flat or better open this A.M., although it is still early. A buy/sell presented imbalance of 4:1 $1.81/$1.83 currently exists, although we have to be aware that what is presented is hides a possibly big stack behind what we see on either side.

     

    As mentioned, large volume on a down day Friday and no real uptick in technical indicators yet (but for the two I mentioned in my prior comment) still presents some downside risk.

     

    A potential positive: Friday open with a breakdown gap and common wisdom claims gaps like to get filled. $1.88-$1.93 is the gap from Thursday to Friday. This presents not only a likelihood of fill, but also future and current resistance and support points added to the ones already nearby: Fibonacci support $1.81, resistance $1.93; our lower trend line resistance @ ~$2.03 which is quite close to a Fibonacci resistance of $2.04; and support by the 50 day SMA @ ~$1.76; previous pps support points $1.78 & $1.82.

     

    HardToLove
    31 Jan 2011, 08:03 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    Thanks, HT. Your technical analysis is slowly becoming more clear to me. Life IS Learning. Aryl phosphates as vapor phase adjuvants, on-going reliability testing theory and now HT's technical breakdown/interpretation of a stock's present and future performance.

     

    I'd like to see a little green today. However, if LYSCF dips below 1.79, it looks like I will be adding it along with NOURF. Time to go get the bushel basket and head out to the money-tree. (eyes rolling out of my head)
    31 Jan 2011, 08:10 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Lynas hit $1.78 and bounced on the ASX, HTL. I believe our tracking and trending has been very solid for them of late.

     

    I'm at my limit for Lynas, but I might choose to "oversubscribe" today.

     

    I opened an account where I can trade Aussie stocks with lower fees, so now I am also in accumulate mode for Nothern U.
    31 Jan 2011, 08:16 AM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    HT, so what is the suggested near-term future lower support and upper resistance?
    31 Jan 2011, 10:02 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    (LYSCF): If the 50 day SMA doesn't hold, next support is $1.61-~$1.65. $1.61, high of 10/28 was high volume, but being older is less likely unless the $1.65 (low volume) for 12/1 is broken.

     

    So my best guess is two things: 50 day SMA is broken and I will add anywhere from $1.60-$1.65.

     

    I don't want to guess at the higher right now - I've got 3 potential trend lines, a recent all-time high, and (the biggie) Mt. Weld opening this month (maybe). That last, IMO, makes all the chart history stuff irrelevant.

     

    TB, thoughts?

     

    HardToLove
    31 Jan 2011, 10:13 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    (LYSCF): Just broke 50 day SMA and may be headed down. It's not unusual to have an overshoot to one side or the other, so can't say if it will contiune lower or bounce upward from here.

     

    HardToLove
    31 Jan 2011, 10:19 AM Reply Like
  • ungawah
    , contributor
    Comments (887) | Send Message
     
    I mainly use ETrade and pay $10.

     

    With activity in NOURF, I may finally get that 1000 shares I've been angling for.

     

    I'd thought of getting another couple thousand of Great Western, but it's the only one of mine that's up today.
    31 Jan 2011, 10:21 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » I'm still thinking we have to get past C's manipulation. The background for the stock in Australia overnight was still reflecting lots of Egyptosis. Since the volume traded on the ASX is a LOT larger than that traded here (either via the ADR or the pink sheets), there is a momentum involved that must be overcome. Usually the morning trades here replicate the end pattern on the ASX, which in this case puts us between $1.76 and $1.80 (roughly). IF C is finished screwing with us, we might see a bottom about where we are now, and a weak bounce back to $1.80 or so.

     

    Lots of ifs in that paragraph.

     

    Volume will be a tell. If we see tons of volume via the ADR/pk's, particularly a telltale early spike, we have a better chance of the turn occurring this afternoon. Background geopolitical situation plays a baseline role as well. If the market spooks again, Lynas will get carried along.

     

    Dollar was looking stronger earlier this morning, and that impacts commodities as well...
    31 Jan 2011, 10:26 AM Reply Like
  • H. T. Love
    , contributor
    Comments (16953) | Send Message
     
    Dollar flat on it's back now, (DXY) $77.61 from Friday close of $78.17. (FXE) up 0.86% too.

     

    HardToLove
    31 Jan 2011, 10:38 AM Reply Like
  • haleiwahu
    , contributor
    Comments (3407) | Send Message
     
    when I see Lynas at $.47 back in July, I wonder how much high end sell offs are happening to get a readjusted buy in position? and what is the new bottom? July to October was fairly dramatic.

     

    Was long (LYSCF) sold off at $1.91 and standing by.
    31 Jan 2011, 11:55 AM Reply Like
  • haleiwahu
    , contributor
    Comments (3407) | Send Message
     
    Options House trades at $3.95 for new investors. Was $2.95. If you decide to change, use my name, I'll get a commission. Absolutely no complaints. Easy to read charts and quick response time.
    31 Jan 2011, 11:57 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Link near last comment in this thread to new concentrator, Haleiwahu. When these things get over 100 comments, they get slow and I make a new one.
    31 Jan 2011, 12:03 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Some speculation: IF (big if) the overall market can shrug off Egyptosis today, and we see a general green screen with lots of recovery, we might see Lynas filling that gap this afternoon, and even recovering some ground that was lost Friday. C will either have to get on board and finish filling their buys, or get run over.
    31 Jan 2011, 09:59 AM Reply Like
  • bukdow
    , contributor
    Comments (831) | Send Message
     
    Just got another 3950 shares of LYSCF at 1.77. Trying to get 12960 shares of NOURF at 0.54.
    31 Jan 2011, 10:10 AM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    bukdow....trying to sell me there on Northern U - I'm gun shy...all of a sudden
    31 Jan 2011, 10:17 AM Reply Like
  • RainH2O
    , contributor
    Comments (1354) | Send Message
     
    All I can think of when looking at Lynas again today is Freya's earlier comments - high volume...little price variance - looks like a heart rate monitor
    31 Jan 2011, 10:19 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » This market is one to daunt the foolhardy!

     

    I have several stocks at my Buy Targets, but I am either already full of those stocks, or seeing a down trend that I want to stabilize before I buy more.

     

    Northern U is likely to get a lift very soon from news about their name change, whatever update they have on development plans, and large investors increasing their positions (this might include Lynas, of course).

     

    BUT they do indeed have an awareness problem on the PK's. They are just very young to the American pk sheet scene, and relatively unknown to the REE investors on this side of the planet.

     

    Daytraders will see no advantage to Northern U's pink sheet listing until it gets over a million shares per day, which is probably not going to happen anytime soon!
    31 Jan 2011, 10:31 AM Reply Like
  • haleiwahu
    , contributor
    Comments (3407) | Send Message
     
    (NOURF) is one of those that you just have to love to buy. There's no movement rallys for the D.T. It's like watching a flower grow.
    31 Jan 2011, 10:41 AM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » seekingalpha.com/insta...

     

    Please go to the new Concentrator!

     

    Thanks,

     

    stan
    31 Jan 2011, 10:44 AM Reply Like
  • optionsgirl
    , contributor
    Comments (5027) | Send Message
     
    Lynas phone conference will be Wed 2/9. If you go their website and click on investor relations, they posted updates as of 12/31/10.
    31 Jan 2011, 10:44 AM Reply Like
  • ellwodo
    , contributor
    Comments (167) | Send Message
     
    Lynas: ASX market doesn't seem too thrilled about the CEO's stock sales. It is down 0.12 to 1.77 as I type, while ALK is up 0.05. I believe this is first trading down there since the news was released. (It was published yesterday after ASX closed.)
    1 Feb 2011, 11:30 PM Reply Like
  • tripleblack
    , contributor
    Comments (13386) | Send Message
     
    Author’s reply » Ellwodo, we are talking about this extensively over on the new Concentrator (link up stream just a few comments).
    1 Feb 2011, 11:35 PM Reply Like
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