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jemma said:
IGO,

Think you were right here, it now closed both gaps, at 8.5 and now at 8.2, will be much better for the stock longer term. Onwards and upwards from here.
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gap border is 8.2c & we hit that & already bounced back to 8.3c....it looks like it could go both ways.

we'll watch & see.
 
Hey dudes I stumbled on this discussion room and I find it rather interesting. I've done hours and hours of research on AGS and found that of all the uranium stocks it is the one you'd want during pre-election time. However I missed a huge portion of it's boom... The interesting thing that I found is that EXT are comparable in many ways... the big issue seperating the two is this; "will the anti uranium mining state premier of WA have a change of mind?". In other words what is EXT's future? Can EXT setup mining operations quick enough? It almost looks like a penny hopeful more than anything else.

Can we expect decent gains over the next 6 months? What are your thoughts? Open to anyone!
 
IGO4IT said:
gap border is 8.2c & we hit that & already bounced back to 8.3c....it looks like it could go both ways.

we'll watch & see.
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I am actually hoping this drops on low volume in the short term. I couldnt resist the short term profits and sold all my shares that I bought under 8 cents last week. Umm so now I want to top up again

I still have confidence that EXT is a great long term hold. But umm 8 cents today wouldnt be too bad.. umm would it Where are the down rampers when you need them .. hehe
 

Rick,

Profit is not a dirty word....what's usually dirty is the bad timing, I think you done well so far but I see at least 6-7 support point from here until the famous 7c, so I really would think that its hard for it dive from here.

Trading gaps is always to "fade" the gap , which is mostly done by proffessionals as all amateurs including the long termers hope that gap never closes which is very unlikely unless a major discovery took place or some major fundemental change happened to company.

I'm looking at depth now & would say a 8.6c close is still a possibility if that happens....it will probably be very strong again before end of week

cheers,
 
I agree IGO.. remember I still hold a substantial amount of EXT as a long term investment. Just wishful thinking on my behalf that it would drop to 8 cents so I could 'top-up' some more. At this stage I might have to top-up at 8.5- 9 cents.
 
RickG said:
I agree IGO.. remember I still hold a substantial amount of EXT as a long term investment. Just wishful thinking on my behalf that it would drop to 8 cents so I could 'top-up' some more. At this stage I might have to top-up at 8.5- 9 cents.
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I just pushed it up to 8.5. lmao
 
RickG said:
Now thats just plain mean.
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I just wanted to complete the outstanding order. The truth is I lost about 60 bucks day trading cos I missed out on the low of the day and it's low vol trading. I reckon this company is pretty "safe" as a speculative. Assuming you understand the risks of a speckie. Yeah I'll hold 'em for 6-12 months and when the AGS bubble bursts...

Infact I'm surprised EXT isn't raging yet... Makes me wonder.
 
down rampers..glad i cant be called one of those..oh if only we had a crystal ball on this one...there r many large parcel holders who havent a clue about investing and when this one looks shakey as it will with no news on the horizon all mums and dads will dump and we will buy and scrape the froth at 3cents
 

3c???? you don't need mums & dads to sell to get that price.......you need the company to be bankrupt

Unfortunately there ARE news on the horizons, new lot of news come now every month, so first 2 weeks of sept will carry the new lot of news, god forbid we have similar grades news to last ones...........you'd probably need another 0 next to your 3c to make it 30c!!!

The amazing thing about EXT is that tomorrow is always a brand new story, no one will be really shocked if it hits 12c or go down to 7c, which probably makes all mums & dads bored when they see drops & spikes, they're all waiting for the big money.

cheers,
 

You are exactly right IGO, just because it falls 0.003 cents, doesn't matter anymore, it is expected. They are waiting for the teens to hit, look at the low volume every day, we are all waiting for the bigger excitement hit to come.
 
new day all right full of surprises..bankrupt oh dont say that..no serious there is no news and this baby will all surprise and hit the pennies again..mums and dad bored yea coz not rising to their expectations and dumping all on the market..what happens when u dump billions of stock..answer..crashes to earth
 
seriously folks this will open weaker tomorrow..all my educated predictions have materialised..just look back at my threads..sure they may have something in the ground in Namibia and for all ur sakes i hope they do..the problem with EXT is not that fact..its that the quadzillions of shares will always overshadow any potential rise.there is to much to dump..thats why a reconstruction of capital will happen to raise cash and decent amounts..and look at the last announcement..they may have not even released it coz only a few made some bucks on that..the rest just bought in and now have paper losses..thanks chief
 

Petee, one dimensional view, but I know where you are heading here.
 
jemma said:
Petee, one dimensional view, but I know where you are heading here.
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well i hope im wrong i certainly do..tell me Jemma how long does one hold a stock like this..if it goes up great one can sell a portion and keep the remainder free and stick in the drawer..if it goes down do we live in hope of a recovery..i mean what im saying is is that a spec stock i prefer to buy in at very low prices like under 3 which gives little downside hence no such a loss but even at 8cents there is room for lots of downside in these types of stock..having said that i also know that there is endless upside if the conditions are right..lets all hope it is..but why after these announcements do we see it back to prices b4 the announcement..and remember also that its already had its mega rise..from 2 to 12..i remember in i think around 1991 or there abouts i bought 100k QUR for 1 cent each and waited waited and eventually sold for 10..8 months later this baby hit $7 hahhaa..thats the problem how long does one wait especially if holding paper losses..really fun game this trading..good luck all
 

Petee, good to see you in a civilised mood and willing to discuss things properly, I welcome your personality change!!

Now to answer your question, some stocks stay asleep for 5 years before breakout, agreed if you look at hdr, cdu etc etc, you hve seen it before.

BUT and this is they key, EXT has already broken out and is still in an uptrend on the weekly, it is merely retracing. However, as IGO points out it wont just collapse to 3 cents overnight, it needs to go down to support again and I mean rock bottom support which is 7.1

If it goes down to 7.1 it is never coming back - AGREED.

However, that would take an extreme dumping. Too many good news coming out soon for this to happen. BUT if it breaks 11 cents, look out Petee, we are nearly home!!
 
yea i have mood swings hahha..well noones perfect anyhow lets hope so..tho if went back to 7.1 i wouldnt say never coming back..i mean its all relative..remember the good ond days..noone wanted PDN at 7cents lol..the rest is merely history..same thing with Adelaide Steamship in the late 80s..every man and his adviser dog was recommending it at $13 as was brilliant divident payer and the retired mob loved it..1year later it hit a low of 3cents due to bad management..and Adsteam i may add was a bluechip paying around$1per share dividend each year..its all relative and that goes for good as well as bad..lets hope u dont hit 11 but $1
 
I dont get how the valuation of a company can depend so sharply on whether investors push the stock below 7 cents or above 11. Doesnt the market price of a company depend more on its operating fundamentals rather than it hitting that all important 11 cents.. or dropping below that 7 cents?
Are you sure your not reading too much into the share price activity as an indicator of the future share price?
 

Petee, I am blown away with your goodwill.

Let all the fortunes bestowed to you. Don't sweat with EXT I have been there since its worst falls in May and could have dumped in the next rally to 11 and made money but held. When it went down to 7.1, I held, when it breaks 11 again I will still hold. It is frustrating watching it every day do not nothing, but it is just going sideways which is better than down on larger volume.

It will wake soon for good or bad, remember what doesn't go down will eventually go up!! What will make it go down heavy you should ask after the last results??? I cant see why it would fall hard, we will know in the next week my guess.
 
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