EXT - Excite Technology Services

[IGO4IT]

While saying that, I tell my freinds this is my retirement stock (if this works out, Jemma/IGO4IT how about sharing an island in the Carribean), so yeah plan on holding for the semi-long term. Really hope it does get to $1... then you may see me bragging

Hi Rick,

if it reaches $1, I don't need to share an island with anyone , I'll probably have my own island next to you guys.

on the same subject, if PDN could make it today to the $5 range with approx. 440m shares, then my target of $1 for ext with currently around 800m shares is not that enthusiastic at all! actually, as a medium to long term target its very realistic if considering they'll have say half PDN production rates.

do the maths & you'll realise that it might seem hard for me & you know becasue we're fighting the 10c but we should never say never!

1 day if we sell on say 30 - 40c, we may think we've done a fortune already but looking in 2 years time at same share going into the $2 makes you feel sick everytime you hear any news about them ....trust me, I've been there & up to this moment I can't hear anything about OXR who I thought I was a genious at the time by selling in their 70c & look at them now in the nice $3 looking promising as well for more increase!!

it doesn't feel good to miss a fast going train at all! :fan

cheers,

 

[nizar]

I think PDN was a bit different: u could pick them up for 10c in 2004 after a BFS was done on Langer Heinrich

Now we have to pay more money (market cap wise) for a stock yet to even find uranium

PDN was a bargain like no other if u believed the uranium story back then

EXT still a potential multi-bagger though

 

[chris1983]

It all comes down to the drilling results. You guys are ruling out other uranium stocks aswell. Do your research on BMN. I'm giving them a plug in the EXT thread I hold both EXT and BMN because I believe if any stock holds ground in Namibia you have a great chance of hitting something big. Both hold valuable ground. One of them has to fly up in price. The grounds of both stocks are highly prospective and surround both Langer Heinrich and Rossing. Let us hope for the best

 

[jemma]

IGO and friends,

What did you think of today's price action open and close.

Someone is manipulating this BIG TIME. My thoughts are someone is accumulating which explains why it goes up and down so much.

What are your thoughts???

Thought it would close 10.5 for sure today :swear:

IGO thanks for your long term comments, we sit here and cry it doesn't finish at over 10, when the longer term picture is much brighter.

First results are now critical, we need good news desperately.

If we get initial good news, 2nd drilling results if better should see it explode.

Wonder why they have not announced 2nd drilling phase has begun????

Anyway, I am watching this way too closely now so need to chill.

:chainsaw: :whip

 

[IGO4IT]

Jemma,

forget about the next 3 weeks pricing, as you mentioned: ALL GAMES NOW to get the weak hearted holders to get their few $100 profit & give away their shares. getting involved in this you have to be definte on what you're expecting by end of June.

last week of June you'll have the chance to sell on 20c+ & I'll remind you. Many "bigger range" games will come before news. a lot of /u orders on buy & sell to get beginners & weak holders to share profits with big boys by selling some on early 20c.

This is today: Gold spot is down $20 from yesterday morning...not good at all for us or any other gold related stock, the bad news as well is that it started the dive mid-day & holders now are back to fear of declining gold on news that US is doing efforts for peacful talks with Iran. safety & peace mean higher sense of security & lower gold, so gold got the news & didn't resist a dive.

what will push us up here in 3 weeks time is Uranium production NOT gold, futures Uranium I've seen on other forums are actually $43 & others mention that its heading to $46. so none of that gold related volatility will make any difference in 1 month time when we get good results IF if we get good results of course.

I'm betting "a lot of money" on good results & I hope that most shareholders realise the potential of EXT as I am.

Nizar,

I agree that PDN was a special case of Uranium discovery that no one knew. at the time, what can you do with U anyways or even know what U is BUT doesn't that make us now appreciate Uranium A LOT MORE since we know the future massive demand of India & China of Uranium, wouldn't you have faith & trust in an increased Uranium demand & price on the long term more than what we did 2-3 years ago!! in my understanding, the safer the growth in demand for any particular resource the more valuable & the faster we appreciate its stocks.

at the time, PDN was too risky for me because my brain couldn't understand anything at the time other than OIL & gold but now I'm not letting myself get scared again & miss another "special case" just because I can't believe it could happen again!

cheers,

 

[jemma]

Jemma,

forget about the next 3 weeks pricing, as you mentioned: ALL GAMES NOW to get the weak hearted holders to get their few $100 profit & give away their shares. getting involved in this you have to be definte on what you're expecting by end of June.

last week of June you'll have the chance to sell on 20c+ & I'll remind you. Many "bigger range" games will come before news. a lot of /u orders on buy & sell to get beginners & weak holders to share profits with big boys by selling some on early 20c.

This is today: Gold spot is down $20 from yesterday morning...not good at all for us or any other gold related stock, the bad news as well is that it started the dive mid-day & holders now are back to fear of declining gold on news that US is doing efforts for peacful talks with Iran. safety & peace mean higher sense of security & lower gold, so gold got the news & didn't resist a dive.

what will push us up here in 3 weeks time is Uranium production NOT gold, futures Uranium I've seen on other forums are actually $43 & others mention that its heading to $46. so none of that gold related volatility will make any difference in 1 month time when we get good results IF if we get good results of course.

I'm betting "a lot of money" on good results & I hope that most shareholders realise the potential of EXT as I am.

Nizar,

I agree that PDN was a special case of Uranium discovery that no one knew. at the time, what can you do with U anyways or even know what U is BUT doesn't that make us now appreciate Uranium A LOT MORE since we know the future massive demand of India & China of Uranium, wouldn't you have faith & trust in an increased Uranium demand & price on the long term more than what we did 2-3 years ago!! in my understanding, the safer the growth in demand for any particular resource the more valuable & the faster we appreciate its stocks.

at the time, PDN was too risky for me because my brain couldn't understand anything at the time other than OIL & gold but now I'm not letting myself get scared again & miss another "special case" just because I can't believe it could happen again!

cheers,

Igo,

You are right, uranium jumped $3.50 today to $46 so EXT needs U news now not gold to be recognised as a U stock.

Can I ask you what makes you think it will jump to 20 in 3 weeks time with no news??? Insider buying, insto's buying???

I have been upfront aand told you what I own, can you tell me how many shares you own and what prices you bought, just to get a feel on how confident of the results you are.

What type of results are you expecting and what is your chart analysis from today if any??? :bier:

 

[moses]

I bought at 12.5c so am disappointed with EXT; currently behind at -24% and burnt heavily in the big dip I'd be delighted to sell at 20c. But you're saying I'm exactly the sort of person the big boys want to flush out...

So if 20c is cheap, what sort of price do you think EXT is really worth, or will be worth and when? And why should I believe you?

 

[jemma]

I bought at 12.5c so am disappointed with EXT; currently behind at -24% and burnt heavily in the big dip I'd be delighted to sell at 20c. But you're saying I'm exactly the sort of person the big boys want to flush out...

So if 20c is cheap, what sort of price do you think EXT is really worth, or will be worth and when? And why should I believe you?

IGO,

Moses is a prime example of what I have been saying all along.

People like him feel burnt after the huge fall, so when it gets back above what they paid they will dump immediately. That is my concern now that when it gets back to the 10-15 range every man and dog will want out after the huge fall.

We will need 100 mill volume plus to flush them all out.

What are your thought on this please?? c:

 

[IGO4IT]

ok, I hold so far close to 2.5m shares in EXT, my avg is around 8c because I bought most of my holding on recent months, before my average was around 5c.

I have no secret info that no one knows, I know all what everyone knows but my style of trading is a bit different.

I know this will sound weird & like a lecture but pls let me explain the way I see EXT now. ( & no laughing as well in the middle )

I'm thinking from different minds: shorts/longs/mediums/volume traders/day traders. I've done most of the above before & I know exactly how they work.

let me tell you that all the above traders before news will be like bees coming on a CLOSED honey pot just because it looks like it has honey inside, even that no one is sure 100% that it has honey inside but it still looks like one.

IMHO, everyone will buy this share because they know that many will take their chance of "yes/no" & get in few days before news. many short/long/medium termers allocate big portion of their portfolio to that kind of trading....news trading I'd call for short termers & topping up for longs & mediums......basically you buy before upcoming news & you sell straight after on 1st sign of reversal so you don't miss the spike if everything goes well.

Those "news traders" are coming softly now & will come massivily starting 20-30 of june, what will happen to our depth, massive increase in volume....softwares giving alerts of volume breakout in EXT & volume traders buy in seconds...SP spike....more than 25% spike you get day traders & price spike traders to put in money (those don't care what EXT is, they see a price going up fast so they buy & think later).

Now considering all above, let's have a look at our technicals, we have long term resistance at 15.5c (highest recent price) & brokers sell on it religeously all what they have...chances of breaking long time high is I think 25% success to 75% failure from 1st time & it gets harder the more times it fails to break it....but hey.... we got there already!!!... we were there BEFORE good news & those buying for few weeks are putting money to see it perform "better" after news, longs want to see it perform after news, short termers expect it to go better after news even bears put all what they have on 15.5c guranteeing that it will not break.... but its too hard to break in.........here comes a hero with few millions share that thought on low average (& allocated funds for it NOW), the hero buys all what's on 15.5c & breaking the 16c sell with even 1 share, brokers get crazy that long term high is broken & now its all open skies....its time to hype up the share as much as we can because no one knows where we'll stop. buying craziness start, bears covering their short, longs adding up, volume traders buying, day traders getting in & at least 30-50% (above 15.5c) gained once long term resistance is broken within few day & most likely you get a breakaway gap on open on day after it breaks long term resistance NOT because share is worth more but because some were running late & missed the actual run so they'll buy on whatever price on open guaranteeing that have to get something, its an opening gap!! we have to go higher!!

Now I've seen the abose scenario in FAR (recently), ENG (recently) PDN, OXR & most of those that have fund events that changes the shape of the company. The price increase in most of these cases BEFORE the news was more than after the news as the market had already assumed success & factored the success in SP before news come out. this is how much hype was there in the market.

I don't know if any of the above make sense to you, but if I'm not long in EXT I'd personally by going in as any of the mentioned traders.

EXT is a risky business & defenitely is not for begginers. I buy in companies that I see potential in & a good chance for long term hold...I don't like buying & selling everyday while I could make 100% of my intial capital/month in few years time if I can find the right potential in the right company. this is the game for me...finding the right potential!

again: all above are my dreams & not to be taken as a financial advise or indication to buy or sell.

cheers,

 

[jemma]

Interesting analogy IGO,

I tend to agree with you and will monitor your theory as the weeks roll on.

It may be the hardest decision NOT TO SELL at 20 cents IMO.

After watching this stock for some time, I am amazed at the speed it moves and can catch you out in a blink.

Interesting times ahead.

PS Topped up again today to be a 1.2 million shares now.

However, average price is 10, so not as lucky as you.

 

[IGO4IT]

It may be the hardest decision NOT TO SELL at 20 cents IMO.

In FAR I have around 0.5m shares on 10c average, look at it now, it reached 23-24c 2 weeks ago, I didn't sell on highs because the devil inside me kept telling me to not stuff it up in the middle (like everytime) & kill the chicken that lays golden eggs.

Specially when you see a healthy buy depth on highs, you also get a fake sense of security

cheers,

 

[jemma]

Igo,

What do you make of today's action??

Almost alseep is the beast.

Hopefully next week, it start to awaken.

 

[laurie]

It may be the hardest decision NOT TO SELL at 20 cents IMO.

In FAR I have around 0.5m shares on 10c average, look at it now, it reached 23-24c 2 weeks ago, I didn't sell on highs because the devil inside me kept telling me to not stuff it up in the middle (like everytime) & kill the chicken that lays golden eggs.

Specially when you see a healthy buy depth on highs, you also get a fake sense of security

cheers,

Can you show me a graph where this happen!!

cheers laurie

 

[IGO4IT]

Can you show me a graph where this happen!!

cheers laurie

I don't like posting graphs of others on EXT but I"ll give you the graph of ENG since i like them as well (This is an example of "before" news hype) - more than 100% increase!!

Also I have DYL which is an example of volume/price trading (I made some money there on initial run & the second run after the panic sellout)

You can also check FAR as an example of hype of news that pushed market up 100% (News expected of Eagle project - at the time- still not out )

1 more time guys, as I mentioned before, I have a weird way of trading that fits my goals!

cheers,

 

[IGO4IT]

Sorry, I forget a good example of volume trading....I was tempted...I made some money but couldn't handle it any more so I quit before the end..........DYE!!

 

[jemma]

Igo,

We are in a period of consolidation now, it may last for 2 weeks my guess.

A top 20 shareholder wrote on HC that the director boarded a plane for Naimibia today, so expect news in the next 2-3 weeks.

Topped up again today to 1.6 million now.

I don't think we will see any action next week at all.

What are your thoughts IGO.

By the way I bought in DYL also last week.

 

[IGO4IT]

My thoughts are exactly what you mentioned. Peter McIntyer is currently being watched on where he is. he's not a many words man at all....actually he doesn't speak to anyone about anything!

The trip to Namibia my come with announcement of starting to drill in zone 2.

What I'm praying for now is the lab results for the samples taken. now these are "as per EXT ann" within 3 months from beg of april, so it should be around end of June to early July.

Where price is going now is a big question mark for me, I know we have an uptrend & it will be very hard to break even that buy depth is not really big but you watch their depth continously then you'll realise most of the big buys are coming OFF the buy the depth! which means that a lot are watching but don't want to hype it up too early so by the time of news come bulls wouldn't be too exhausted!

As you see on EXT's chart below: I expect it to hit top & bottom of uptrend in a random way, considering that GOLD had just had a dive this morning so I can tell you that no one can really predict the market now...normal rules of the market don't apply in a such an int'l volatility.

If uptrend is broken its top line, watch out for a opening gap or a volume spike to confirm the initiation of the run! I wouldn't like for run to start before 15/6....we'll lose too much upwards power on paying those who want to get a return without taking a risk & waiting for news

Good luck to all & to me! there's no guarantee's in life guys & this is why we're all hoping to be billionaires

cheers,

 

[jemma]

Igo,

I agree entirely, expect 2 weeks of nothing, hopefully we get just a trading of up and lower range for 3 weeks minimum and then kaboom.

I still think 13 cent target is the first big hurdle.

 

[laurie]

Sorry, I forget a good example of volume trading....I was tempted...I made some money but couldn't handle it any more so I quit before the end..........DYE!!

Sorry IGO4IT I thought EXT reached that price of 23-24c

cheers laurie

 

[IGO4IT]

Sorry IGO4IT I thought EXT reached that price of 23-24c

cheers laurie

In my post I was referring to FAR. Please check out its chart.