Anyone still holding onto NZ? Been on a good run lately

Still holding on but still under water! I bought a bunch in the low $1.80s but I also have a bunch from $3 and $2.40 :(

Same lowside.. I bought some more at 1.7x and almost back to even now...

FRO (Frontier Rare Earth Resources) has been on a good run recently. -bought 5000 shares at 60 cents last week. It closed at 77 cents yesterday. up 28 per cent within the past week.

KORES, owned by the South Korean government, is really interested in this company's construction of a rare earth element mine in South Africa. Some big players like Samsung and Daewoo Shipbuilding are in talks with KORES to help finance the construction of the mine. This mine has the potential to have one of the largest deposits of rare earth elements in the world. -need these rare earth element to make smartphones, hybrid cars, missiles etc.

China is trying to curb export of their rare earth resources. That's where FRO comes into play.

"Very" attractive rare earth speculation: Stockhouse TickerTrax

I'm still holding NZ, I was in at 3$ but bought a bunch at 1.8x to average down.

Just earlier today I was finally up on the stock after being down like 10+k on it for a while.

I think it's a good jr to hold.

Can somebody give me a short primer on Rate Reset Preferred Shares? I read a couple articles on it but still can't quite wrap my head around it.

AAPL v. Samsung

Verdict favoring AAPL

FRO (Frontier Rare Earths Limited) is still going strong. -trading at $0.89 right now. This micro cap stock has gone up 45% in the past week. Woo hoo! :fullofwin:

-hoping for some good news to happen by September 30th when the South Korean government gives about $24 million to this company for mine development.

-construction of one of the largest rare earth mines in the world, in South Africa.

what's up with YNG? gold has gone up in the past weeks, but share price has kinda been declining/flat?

GQC

GoldQuest Intercepts Significant Mineralization at Romero, Dominican Republic - MarketWatch

JUST PASSING ON SOME... tips.

figure u stock guys could take advantage of it.

the risk/reward is totally worth it.

tell me how it goes.

Hrmmm...I don't see any short-term catalyst that would drive it from $245 to say $220 :s

Seems more like a lotto play :s

there doesn't have to be any "fundemental" news catalyst.

im looking at yahoo charts. its hitting a major resistance point of ~246, that's enough reason to take a calculated bet.

i don't even need to look at an actual fancy chart to tell you stochastic is probably high. and it's most probably reached a fibonacci target.

you're saying it wont go down 10%, maybe not, but it only has to go down 5% to make 300% profit. that's only ~12.25. and if you bought the sept put, that gives u just over a month.

300%. is 300%... your risk is 30c per put and 1 months time. you can even get out earlier if you don't feel it's going to go right.

it's a calculated risk, that is has a way higher percentage chance of winning than a lotto max ticket.



plus, fundamentals follow technicals, always remember that.

the chart always moves first, and they stick a reason to it afterwards when the news comes out.

^ gonna have to disagree on charts > news....

Can't wait till sept, the return of VOLUME!!

how about AMRN? im up $2.60/share on the stock :) . For those that also own, what are your plans?

I was in on AMRN at 15.xx but then avg down when the stock was in high 11.xx and am now up a fair bit.. plan on just holding tight until the NCE news is official.. I think having a target of 18$ is fairly reasonable.

On a lighter note... I have a really really strong urge to buy something as a "hedge"... the ticker is 997:GT3 :D

http://www.bodymotion.com/uploads/709.jpg

i should explain...

example:

corn... base is building, lows are getting higher, highs are getting higher, and this happens over the course of weeks... a marginally bullish sideways movement.

it breaks an important resistance. news comes out, drought scare.

over the course of next few weeks, drought confirm, and prices keep going up.

now...

the reality is, those big institutions employ people to go out to the farmer fields and check the crop out, they have all these instruments to predict other things, that YOU do NOT have.

it's information that ... isnt very public. the big institutions move the markets and create these bases. the "smart" money.


yet on the charts for us normal people, all you see is a bottom building, and lows getting higher. it breaks, and you read the news AFTER.

but the charts always move before you know the reason.


now of course the reason for the rise in prices IS fundamental.

but the fundamental information is not available to the public till it's in the news, and by then, the charts would have gave u a clear signal way earlier than the news would have.


now this is for commodities, but you can imagine the same for stocks, for something traded a lot. lots of volume.

hindsight you can see the smart money moving the market, before anyone knows the news.

sure, like i said, fundamentals are the "true" objective reason the market is moving. but the true objective reason isn't known to you. its only known to a handful of people. if you're a chart reader, you can "read" the news through the charts. you can see movements that don't make sense or you can see ppl dumping shares or buying up shares.

that's why i say fundamentals follow technicals. the chart tells you before the news tells you. unless of course you've got inside info.


take for instance... tomorrows announcement at 530am pst

nonfarm payroll expected 125k, down from 163k prior month.

now, i don't even need to see the news. as long as im watching the charts, i can see which direction it's going. by the time you hear it, and you enter your order, it's too late.


think of it like a zombie apocalypse...
are you gonna run when you see a mass of people running, or will you stand there and wait for the news.
it always starts with the first guy running... then more.. then more.. then more... then the news comes out and EVERYONE RUNS.

whos gonna get eaten? the people that ran last...
it's up to you when you're gonna start running (watching the charts, how early you want to jump in). do you trust that first runner? or is he just mad? what if there's 50 people running? 100?

the people running (charts moving), are gonna tell you something, regardless what the news is, you know SOMETHING is happening... that's all u gotta know. cuz you're just trying to run with the people, zombies or no zombies.


once you run, and you hear the news later, you can adjust your strategy if the fundamentals match or make sense. just another "indicator".

the truth is always in the technicals. because fundamentals don't make sense 110% of the time. if thats the case, then that means fundamentals are not always right.
but technicals are burned in history. the charts don't lie. the number is there for a reason. you don't always KNOW the reason, but if the chart says that, then that's what it is.

e=mc^2 regardless of whether you know the fundamentals of physics or not. the equation works... kinda get my drift?

of course if you're a very long term trader, getting the best price entry probably doesn't matter as much. but if you could get in at the best price possible, it would be nice wouldnt it? ;)

^ Shoulda typed that in your original post , misunderstood

goldman sachs for the win... 9/7/2012

I'm thinking of unloading my RY shares, it's nudging close to it's 52 week high, it's a huge holding in my portfolio, like 30%. Any advice if it's a good time to sell?
Posted via RS Mobile

was it a short term or long term trade?

i'd sell covered calls and hold

you can always sell a portion of it. taking a profit at any time is never wrong.

looks like my tip was a little off. shoulda bought 250 amazon puts. not 200. oh well. still a few more days till expiry. amazon's red today.

anyone with apple puts must be making a killing now.

YNG is in trouble... reverse 10-1 split, name change... ugh

Ecb approval. Fed QE3? Presidential election year.

Hmmm.
Posted via RS Mobile