I see a downtrend forming... if it breaks through 0.55
23-08-2013, 10:56 AM
Xerof
You 'imagine' you see a downtrend forming....it doesn't form until it does.....:sleep:
23-08-2013, 11:18 AM
baller18
Quote:
Originally Posted by SparkyTheClown
Thanks baller18. Very helpful.
EDIT (I'm being sarcastic)
Yes I know ur being sarcastic sparky lol!
23-08-2013, 11:19 AM
baller18
Quote:
Originally Posted by Xerof
You 'imagine' you see a downtrend forming....it doesn't form until it does.....:sleep:
Predicting "if" it goes below 55 cents, because the Bollinger bands are so contracted, any move, any breakout is a sign of direction it'll be heading..
23-08-2013, 11:22 AM
blobbles
Quote:
Originally Posted by SparkyTheClown
There is no way on God's green earth that a takeover offer at $1 would be accepted by 90% of shareholders given the enormous value of the intellectual property in the pipeline. They would be lucky to get 20% of shareholders to agree at that price.
Quote:
Originally Posted by JohnnyTheHorse
100% agree. Hence why I said well over ;)
If a buyout offer of $10 a share or above comes in I would think about it, otherwise, dreaming!
23-08-2013, 11:24 AM
Minerbarejet
Quote:
Originally Posted by baller18
Predicting "if" it goes below 55 cents, because the Bollinger bands are contracted so move, any breakout is a sign of direction it'll be heading..
sorry - do you mean much instead of move?
23-08-2013, 11:39 AM
baller18
Quote:
Originally Posted by majorbarejet
sorry - do you mean much instead of move?
Yup, edited my post, just right before you posted..
23-08-2013, 12:14 PM
Dentie
Quote:
Originally Posted by blobbles
If a buyout offer of $10 a share or above comes in I would think about it, otherwise, dreaming!
Nice one blobbles...let's hope a lot of other shareholders feel the same
23-08-2013, 12:27 PM
Minerbarejet
Quote:
Originally Posted by moosie_900
lol, I think takeover talk is a bit premature to say the least. Like NZO actually striking oil or the Robinson's putting their own personal money into Rakon, let's just take it one step at a time and see if it ever happens...
Agreed. not much of a prospect if they arent making money ATM and conversely if there is such an offer now there would be even more reason to hang on.