re: going to the moon ekiwi mcrae Dont want to be picky Macrae, but you called AGS "down" some time before it reached 95 cents on Sept 1
In fact your 1st call was 10 days befoere that on Aug 21 & then Aug 22, while AGS was in a clear uptrend. Your were correct the day it hit 95 cents as there was a rejection there - I sold my traders @ .93 cents.
Subject time to take profits
Stock Code AGS - ALLIANCE RESOURCES LIMITED
Posted 21/08/06 1:30:22 PM
Posted by macrae12 - Banana
Post #1213018 - 355 reads
Start of thread
Daytraders in today...I'll be back in when she consolidates.
Subject re: stop losses about to be hit
Stock Code AGS - ALLIANCE RESOURCES LIMITED
Posted 22/08/06 1:26:50 PM
Posted by macrae12 - Banana
Post #1215006 - 115 reads
In Reply to msg #1214973
Should get down to 57/58 Mad macs IMO - maybe Friday's close. Big avoid now IMO. Large daytraders are in control of this one atm IMO, so we can expect a bit of a pull down - whether it is ochestrated or not is another thing. 65c is crucial - I agree.
AGS then kept on going & only reached 95 on Sept 1st - I made an extra 33% between thos dates..... As I said, no big deal, we dont get it right all the time. I certainly dont!!! (ala: AEX) But in your case, a profit is a profit & I admire you for taking them & calling your plays as you see it.
With CMR I am not trading ... they are a long-term hold in my investment account.
Well done to all those that have been on the ride since early days ... great research too
cheers
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