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BLK up 23%, BLKO up 53%!!!
Hehehehehe (laughing on the way to bank...)
Respect
TOMMY
Disclosure: trading in and out of many stocks, too many to update the list at the moment...
DO NOT TRUST ANYTHING I SAY OR IMPLY... USE YOUR OWN BRAIN AND RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS.
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Originally Posted by tommy
BLK up 23%, BLKO up 53%!!!
Hehehehehe (laughing on the way to bank...)
I posted yesterday that BLK would run today...
Consider it now "discovered".
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Originally Posted by shasta
I posted yesterday that BLK would run today...
Consider it now "discovered".
So Shasta you were the one doing all that buying today to push up the share price!!?! Thanx!!!!
Respect
TOMMY
Disclosure: trading in and out of many stocks, too many to update the list at the moment...
DO NOT TRUST ANYTHING I SAY OR IMPLY... USE YOUR OWN BRAIN AND RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS.
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Originally Posted by tommy
So Shasta you were the one doing all that buying today to push up the share price!!?! Thanx!!!!
No i haven't had a sell order hit yet, & holding cash waiting to see how "cheap" i can buy certain stocks...
My holdings are always as per my signature.
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Member
hi tommy ,blko up 14c to 29c,ie 93%.surely it cant hold that,must be a gap between 15/20c,amazing.pago
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Hi shatsa and pago,
I have already taken my profits for BLKO (after a 93% rise in one day, who wouldn't????? still have half left though), but I think BLKO may have quite a bit of steam left because it is fairly priced relative to BLK, and BLK's market cap is still very small compared to its peers despite today's rise.
This stock will be volatile, but I expect a similar scenario to GLX unfolding here. As long as LNC keeps rising, others in the sector will naturally follow.
BTW, if you hold, make sure you have a stop loss in place... if the DOW keeps sliding, All Ords might bleed badly. Microcaps lose liquidity fairly easily, but I am hoping the UCG sector will continue going against the general market trend like IPL did last year!
Last edited by tommy; 26-05-2008 at 08:12 PM.
Respect
TOMMY
Disclosure: trading in and out of many stocks, too many to update the list at the moment...
DO NOT TRUST ANYTHING I SAY OR IMPLY... USE YOUR OWN BRAIN AND RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS.
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Member
Originally Posted by tommy
Hi shatsa and pago,
I have already taken my profits for BLKO (after a 93% rise in one day, who wouldn't????? still have half left though), but I think BLKO may have quite a bit of steam left because it is fairly priced relative to BLK, and BLK's market cap is still very small compared to its peers despite today's rise.
This stock will be volatile, but I expect a similar scenario to GLX unfolding here. As long as LNC keeps rising, others in the sector will naturally follow.
BTW, if you hold, make sure you have a stop loss in place... if the DOW keeps sliding, All Ords might bleed badly. Microcaps lose liquidity fairly easily, but I am hoping the UCG sector will continue going against the general market trend like IPL did last year!
Well done Tommy - v. nice gain
not on this one though - may look to jump on if some consolidation
Sold a few LNC today - Now free carried with change - looking at EDE (hydrogen products) and MEE (MOU with IPL) interesting
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Originally Posted by bear
Well done Tommy - v. nice gain
not on this one though - may look to jump on if some consolidation
Sold a few LNC today - Now free carried with change - looking at EDE (hydrogen products) and MEE (MOU with IPL) interesting
Thanx bear, to be honest I didn't expect the "herd" to storm into BLK so quickly... I was assuming it would take another two weeks or so for the market to wake up to its potential.
I'm a fan of MEE as well, in fact I have invested/traded most UCG stocks listed on ASX over the past several weeks... call me a total sucker for UCG :-P
Will look into EDE, never heard of the company. You should open a thread with your research if it looks like a potential winner!
Respect
TOMMY
Disclosure: trading in and out of many stocks, too many to update the list at the moment...
DO NOT TRUST ANYTHING I SAY OR IMPLY... USE YOUR OWN BRAIN AND RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS.
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BLK skyrockets after announcement, BLK up 28%, BLKO up 48%:
Exercises Option to Purchase Zanthus Lignite Project
http://www.stocknessmonster.com/news...E=ASX&N=409069
Damn, I sold out too early! Should have free carried it...
Respect
TOMMY
Disclosure: trading in and out of many stocks, too many to update the list at the moment...
DO NOT TRUST ANYTHING I SAY OR IMPLY... USE YOUR OWN BRAIN AND RESEARCH BEFORE MAKING ANY INVESTMENT DECISIONS.
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Originally Posted by tommy
BLK - Blackham progressses towards 1 billion tonnes
http://www.stocknessmonster.com/news...E=ASX&N=425212
Tommy, you still keeping an eye on this?
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