EPS - Epsilon Energy

Trader Paul · 14 July 2007

Hi folks,

EPS ..... looking ahead, with some simple astrostuff:

17072007 ... 2 positive cycles ... finance-related ???

25072007 ... negative spotlight on EPS

03-06082007 ... 2 cycle here ... negative news expected

09-10082007 ... difficult cycle

20-21082007 ... minor and positive news here ???

24-27082007 ... minor and positive light on EPS

06-07092007 ... minor news ???

10-19092007 ... underlying cycle may mean flat trading here.

25092007 ... minor

2809-02102007 ... positive news and 2 cycles = aggressive rally ???

10102007 ... minor and positive ... finance-related???

25102007 ... positive spotlight on EPS expected ...

09-12112007 ... 2 cycles and significant positive news expected.

23-26112007 ... minor

03122007 ... minor news ???

07122007 ... significant and positive ... finance-related???

21122007 ... minor and positive news ???

24-28122007 ... 3 positive cycles = a strong year-end rally ???

happy days

paul

Trader Paul · 16 January 2008

Hi folks,

EPS ... will be looking for lows as a significant negative
cycle arrives, around:

18-19022008 ..... negative cycle ... low here???

20-21022008 ..... positive spotlight on EPS ...

07-10032008 ..... positive cycle

14-17032008 ..... 2 positive cycles, with good news ???

21-24032008 ..... minor and difficult aspect

happy days

paul

=====

Bushman · 21 May 2008

Nice announcement out - 1.1 bt magnetite target (31% Fe) with potential to host significant hematite DSO. Right on the coast in the Pilbarra. Also mineral sands in southern corner of WA.

Nice, clear ann with timeline etc.

Low cash at $1.4m suggest some dilution on the way to fund all this. However it has a tiny market cap of $16m at present.

In times gone past, this would put a rocket under a share like this post ann. So if an auction occurs, practice some patient, non anxious Zen-like buying.

On my watch list for sure. Great potential if some drill hits come along to back up the claims.

Max_ob · 21 May 2008

i was watching at 123% up and thought a bit too much of a run already for me. . .

and in the next 10 mins or so it went to 235%. . . .

too scared to enter now. . . what would be its value on the ann?

Bushman · 21 May 2008

Bushman said:
Nice announcement out - 1.1 bt magnetite target (31% Fe) with potential to host significant hematite DSO. Right on the coast in the Pilbarra. Also mineral sands in southern corner of WA.

Nice, clear ann with timeline etc.

Low cash at $1.4m suggest some dilution on the way to fund all this. However it has a tiny market cap of $16m at present.

In times gone past, this would put a rocket under a share like this post ann. So if an auction occurs, practice some patient, non anxious Zen-like buying.

On my watch list for sure. Great potential if some drill hits come along to back up the claims.

Bejesus - I will change that to 'it has' put a rocket under the share price. Up 200% at the moment.

To me, that is a bit much. In the ann they expect the shares to track in the 20-30 cps bracket for 1-2 years as they define the resource! Classic. Iron ore is still hot to trot.

Lets see how it goes. Nothing like a small cap with low volume when it rockets up. I will be an interested spectator for the next few days. Good time to get in in say 1 to 2 months when the hype dies down.

Great trading opportunity at present though for anyone with the time and inclination ;-)

Max_ob · 21 May 2008

i think the highest price was about 2 years ago at 55c . . . .

and been much lower since. . .

but where will it stabilise to . . . wish i was not so challenged in this stuff

ta2693 · 21 May 2008

Hold and let it run.
It is very close to ARH. Shougang would be more than happy to bid it, if I am Shougang's director.

Max_ob · 21 May 2008

77 c and 350%. . . just amazing to watch on a day when my stocks are treading water or slightly sinking

awg · 21 May 2008

pulling back a bit now, i traded this stock 20 times today so far, only 1 loss, would have been way ahead if I had pyramided tho.

tony

Max_ob · 21 May 2008

can you explain what you mean by pyramided?

watching this gets the adrenaline pumping. . . .suppose that is part it. . . even more so if you are trading it. . . .

awg · 21 May 2008

this stock just entered now in trading halt.

must be announcement pending. or ASX speed ticket

tony

awg · 21 May 2008

by pyramiding, I mean, each time the stock goes up 10% reinvest the profit into more stock.

with a fast mover, you can lose all your profits quickly.

there are other less aggressive ways of doing it.

i day traded in and out

tony

hsv2001 · 21 May 2008

Can anyone see this next announcement, being clarification of the previous ann going positive? Wouldn't clarification just be something along the lines of this is only an estimate or something and hence will see a massvie drop in sp?

Any opinions would be great

I just brought in at .75 and now locked in dunno if it's good or bad thing now

Marc

TheAbyss · 21 May 2008

At the risk of being declared a naysayer i am voting that the trading halt was becasue they need to substantiate their claims. The 1.1bt is a target only. It reads to me like they have used nearology to build a computer model and have released to market. If there is a director off loading shares there might be some trouble brewing.

On the other hand potentially this could be fantastic as those around them have actually proven there is IO there. These guys dont even have a rock chip to hold up as yet do they? If they actually drill a hole and find something then they could really run.

Buyer beware.

Excerpt from their announecment for those who haven't read it as yet.

The Mardie Iron Ore Project; with an exploration target of 1 Billion Tonnes Iron Ore, generated via internal and independent geophysical data analysis and computer modeling, demonstrating an extensive BIF (Banded Iron Formation) anomaly interpreted to be the Brockman Formation.

Bushman · 21 May 2008

Hey Abyss;

I agree - it is a desktop model. From memory ASX made Frontier retract their Kodu resource target when it was released based on computer modelling.

But it would be a cracker if 1.1b magnetite body, with some nice easy to mine DSO hematite outcroppings (say 30 to 80 MT), can be firmed up right on the coast near existing infrastrucure. This process will take 1 to 2 years as per their announcement.

No rock chip samples or anything at the moment.

Other puzzling thing was that all this was actually stated in their March quarterly statement. Why the frenzy today?

Anyway as I said wait a few months for the inevitable retrace blah then take a position. At a market cap of $16m, this is worth a punt on a desktop study given it is also not a one project portfolio. However sp quadrupled so not sure I will be saying the same thing at a market cap of $50 to $60m. Would at least want a rock chip sample for that sort of valuation

TheAbyss · 21 May 2008

Bushman said:
Hey Abyss;

I agree - it is a desktop model. From memory ASX made Frontier retract their Kodu resource target when it was released based on computer modelling.

But it would be a cracker if 1.1b magnetite body, with some nice easy to mine DSO hematite outcroppings (say 30 to 80 MT), can be firmed up right on the coast near existing infrastrucure. This process will take 1 to 2 years as per their announcement.

No rock chip samples or anything at the moment.

Other puzzling thing was that all this was actually stated in their March quarterly statement. Why the frenzy today?

Anyway as I said wait a few months for the inevitable retrace blah then take a position. At a market cap of $16m, this is worth a punt on a desktop study given it is also not a one project portfolio. However sp quadrupled so not sure I will be saying the same thing at a market cap of $50 to $60m. Would at least want a rock chip sample for that sort of valuation

With you 100% BT.

I dont day trade so not for me today however best of luck to those that do. Those that still held on the trading halt may be a tad anxious depending on what they have to say.

Longer term it is worth a small stake imo so i will be taking a crack and holding until something happens or a lack of action by the company force a sale. Not at the current price though. A retrace is a virtual (pun intended) certainty unless they have another ace or two up their sleeves. An opportuniity will present itself to the patient.

TheAbyss · 22 May 2008

Just imagine that you bought 400,000 of these critters at 87 cents each minutes before the trading halt!

Computer modelling indeed.

http://business.theage.com.au/shock-and-ore-as-epsilon-frenzy-takes-hold-20080521-2gxv.html?page=1

hsv2001 · 22 May 2008

TheAbyss said:
Just imagine that you bought 400,000 of these critters at 87 cents each minutes before the trading halt!

Computer modelling indeed.

http://business.theage.com.au/shock-and-ore-as-epsilon-frenzy-takes-hold-20080521-2gxv.html?page=1

400000 shares at the shares peak price is alot, could it possibly be a director or someone on the inside that know's something we don't ? It's just i've watched the share market for a fair bit now and it seems once a share price peaks after an ann like this, it drops by about 20% respectively before close.

Just a possibility i believe, i hope considering i got caught in the halt.

Marc

redback · 22 May 2008

A class action possibly would be appropriate here, this is outrageous irresponsible behaviour, they should be shaking in their boots

Bushman · 22 May 2008

TheAbyss said:
Just imagine that you bought 400,000 of these critters at 87 cents each minutes before the trading halt!

Computer modelling indeed.

http://business.theage.com.au/shock-and-ore-as-epsilon-frenzy-takes-hold-20080521-2gxv.html?page=1

The Age says 'Pity the poor sod who bought 400,000 shares at 87 ¢ each not long before the trading halt was called'.

Where do they get 400,000 shares from? I was having a look at the course of trades yesterday and only have 18,000 units going through at 87 cps. Tough being a journo hey with all the cross checking of facts that you have to do.

EPS - Epsilon Energy

Trader Paul

Attachments

Trader Paul

Bushman

Max_ob

Bushman

Max_ob

ta2693

Max_ob

awg

Max_ob

awg

awg

hsv2001

TheAbyss

Bushman

TheAbyss

TheAbyss

hsv2001

redback

Bushman

Similar threads

EPS - Epsilon Energy

Attachments

Similar threads

Privacy & Transparency

Privacy & Transparency