EXT - Excite Technology Services
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Sean K
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Hmmm, difficult.
As I was watching the sell list didn't change too much which could imply the seller/s were just picking off the buyers coming in at .105. The list of sellers at .11 and .115 seemed pretty static, especially over the last 3 hours.
My impression anyway.
As I was watching the sell list didn't change too much which could imply the seller/s were just picking off the buyers coming in at .105. The list of sellers at .11 and .115 seemed pretty static, especially over the last 3 hours.
My impression anyway.
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kennas said:Well, one things for certain, a lot of people want this at .105c. Or, is that a lot of people want to sell at .105c?
probably neither. you cant really have a lot of people buying without having the same amount of people selling, right? it's like asking if the glass is half-filled or half-emptied.
i guess the important thing here is 10.5c. people who bought at this price obviously feels that it's a right price to get in. and for those who sold at this price, they may be taking a profit?
2 cents worth...
Sean K
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he he, yes, of course. I wonder who was contolling it though. Who was controlling: the buyers or the sellers.
That's what Jemma's point is I think. There could be just a couple of sellers out there picking the buyers off, because they are in the know, or want to cash in a profit. Or, it's day traders who got in, and saw that it wasn't rocketing up and just cleared their positions.
That's what Jemma's point is I think. There could be just a couple of sellers out there picking the buyers off, because they are in the know, or want to cash in a profit. Or, it's day traders who got in, and saw that it wasn't rocketing up and just cleared their positions.
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It means that the market is consolidating. if sp is trending sideways then obviously neither the buyers nor sellers are in control. if sp moves up then buyers are in control, if sp heads south sellers are in control.
from what i see there has been a large amount of buyers then just as quickly the sellers are stacked up. many sellers would be scared due to large volatility of stock and are dumping at what they see as an acceptable price.
we need a large amount of volume to clear the sellers. the sp has moved and hence we have seen a return of interest in EXT.
when EXT produces a good ann then there will be huge interest returning in the stock. look at other uranium companies that have found a deposit, of late they are entering second boom. so one good ann and its blue sky for us
from what i see there has been a large amount of buyers then just as quickly the sellers are stacked up. many sellers would be scared due to large volatility of stock and are dumping at what they see as an acceptable price.
we need a large amount of volume to clear the sellers. the sp has moved and hence we have seen a return of interest in EXT.
when EXT produces a good ann then there will be huge interest returning in the stock. look at other uranium companies that have found a deposit, of late they are entering second boom. so one good ann and its blue sky for us
Sean K
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Was crazy stuff. I had a stop in at .099 which was taken out.
Perhaps everyone else did when the price hit .10 too?
Perhaps everyone else did when the price hit .10 too?
CanOz
Home runs feel good, but base hits pay bills!
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My stop was hit at .10, maybe a few more had stops there too.
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Jemma,
Today is pure stop loss triggering.
look at opening for each lower price, its a small parcel to trigger stop losses.
Making money is not easy in stock market? either you believe in a stock or you don't....if you believe you hold & wait...if not you put a stop loss & someone gets your cheap shares & you should be happy taking your small loss.
that's my
remember: whether you believe or not believe in a stock...you can't win while you're scared...when you're scared, you just lose smaller amounts!
cheers,
Today is pure stop loss triggering.
look at opening for each lower price, its a small parcel to trigger stop losses.
Making money is not easy in stock market? either you believe in a stock or you don't....if you believe you hold & wait...if not you put a stop loss & someone gets your cheap shares & you should be happy taking your small loss.
that's my
remember: whether you believe or not believe in a stock...you can't win while you're scared...when you're scared, you just lose smaller amounts!
cheers,
IGO,
No my stop loss was not at 10 cents, I have none. I continue to hold as my opinion is they knew T plus 3 traders would dump today and they also knew stop losses at 10 would be triggered. So they sold it down cleared them out ready to fight another day.
My guess is it will be 12.5 by Friday as that is resistance after 11 cents is cleared.
No my stop loss was not at 10 cents, I have none. I continue to hold as my opinion is they knew T plus 3 traders would dump today and they also knew stop losses at 10 would be triggered. So they sold it down cleared them out ready to fight another day.
My guess is it will be 12.5 by Friday as that is resistance after 11 cents is cleared.
I think too many traders were buying between 11c and 10c.
11c is resistance and traders were diving into the stock , imo a safer entry *was* on break above 11c rather than buying at 11c and try to assit the 11c break!
For mine, it has to create some sort of base or some type of bullish consolidation before I re-consider trading it again, I will seriously consider it on a break above 11c ; i.e momentum trade from 11.5c to 15c.
As for the fundamentals and good story... yeah man...hey, this is the spec market no dividends are being paid here.
Just my
Cheers
11c is resistance and traders were diving into the stock , imo a safer entry *was* on break above 11c rather than buying at 11c and try to assit the 11c break!
For mine, it has to create some sort of base or some type of bullish consolidation before I re-consider trading it again, I will seriously consider it on a break above 11c ; i.e momentum trade from 11.5c to 15c.
As for the fundamentals and good story... yeah man...hey, this is the spec market no dividends are being paid here.
Just my
Cheers
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jemma said:
Hi Jemma,
Int'l markets are down because of the conflict in middle east which resulted to petrol going to a new record high.
1 good thing we added to EXT since thrusday, Gold is up $15 to $665 & still going higher...uncertainity in middle east is favouring a continuing rise in gold prices as well.
as for the moment, Market bad sentiment is in charge again until something happens in middle east conflict & petrol starts to fall again.
Nothing changed in EXT's demand & supply other than some that are scared of market sentiment to last.
I'm holding strong as usual & expecting news to come soon!
cheers,
