EXT - Excite Technology Services
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well i guess frustration is the name of the game Jemma..just hang in there coz one day things will pay off..the best way with these specs is if u buy large parcels and it moves in the right direction then sell some to get ur initial capital and hold the remaining..if u buy well it doesnt need to rise so much to hold decent sized parcells of shares for very small initial cost..having said that heheh if it continues to rise after that then forget the frustration...the name of the game is to be constant in good times and bad timesjemma said:
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petee said:
Petee,
In my view of the world, the name of the game is the "idea" not the company or the metal...this is also the answer for the 11c question & why a company would go that high.
if you hold EXT, its like any other company, it has the chance to be massive, the idea is the energy behind the Uranium & the future need of it to maintain energy supply to heavily crowded parts of the world like india & china.
When I first bought in EXT, Uranium wasn't popular but now since its the only way for humanity to stop using coal in generating electricity, a person needs to think ahead to find out what could be the next petrol (in demand attitude), Uranium is a clean & massive source of energy & the world has to walk that road by force because our environment damage proportion to our growth is becoming a lot faster than 100 years ago & will be faster in 20 years time.
EXT offers a little share price & obvisouly has tons of shares on issue, but once again, if you want the other guaranteed alternative you'd be better off with RIO or PDN....same exact idea of doing your own business or buying a franchise....you want immediate return, pay the price, you want to make big money with little SP then you do it your own, with higher risk of course.
Hundreds of companies out there that offer chances, many with great opportunities, EXT is just 1 of them, you like their story then you put your money in & wait for the time to come, when will it come & whether it will come that is the risk. you like the risk & the reward you pay for its shares & once you buy you see many that bought before you & got bored & others that got scared of the risk & others that see better chances somewhere else & others that hold because they see their little business to be a massive multi-billion dollar corporation. time is the judge & your view of current status & how good was your idea when you bought in is what will determine your success.
This one has to keep going because it has uranium & its a matter of time, those that will lose patience & get bored will give away shares for others to make profit & others will get bored & pass to others & so on.......this is the market...you stay in from begining to end.......you have to be EXTRA patient... then you hit the jackpot. if you want to trade ups & down & play the traders game....CGT becomes your partner & you still get profits....just don't cry for not holding when SP becomes $xx
cheers,
Me too !Casual_Investor said:
EXT price is only judged by the foundamentals of it, which is now the main factor, good MD of the company may fast add value of it.That the efficency.
Just like we invest , we want our money add value fast.
For EXT, too slow.
fair comment IGO trust me ive been thru highs and lows lol in my 20years trading shares..but wouldnt have it any other way..yea U is a clean fuel able to power the masses..and it seems thats the way its heading..been and done with PDN..there r a few smaller priced U stocks around and just keep digging..many and hopefully EXT will benefit from the U bonanza..just keep ur head down if u hear romour of A Bomb heading our way..or at least keep Jesus in ur heart at all costsIGO4IT said:Petee,
In my view of the world, the name of the game is the "idea" not the company or the metal...this is also the answer for the 11c question & why a company would go that high.
if you hold EXT, its like any other company, it has the chance to be massive, the idea is the energy behind the Uranium & the future need of it to maintain energy supply to heavily crowded parts of the world like india & china.
When I first bought in EXT, Uranium wasn't popular but now since its the only way for humanity to stop using coal in generating electricity, a person needs to think ahead to find out what could be the next petrol (in demand attitude), Uranium is a clean & massive source of energy & the world has to walk that road by force because our environment damage proportion to our growth is becoming a lot faster than 100 years ago & will be faster in 20 years time.
EXT offers a little share price & obvisouly has tons of shares on issue, but once again, if you want the other guaranteed alternative you'd be better off with RIO or PDN....same exact idea of doing your own business or buying a franchise....you want immediate return, pay the price, you want to make big money with little SP then you do it your own, with higher risk of course.
Hundreds of companies out there that offer chances, many with great opportunities, EXT is just 1 of them, you like their story then you put your money in & wait for the time to come, when will it come & whether it will come that is the risk. you like the risk & the reward you pay for its shares & once you buy you see many that bought before you & got bored & others that got scared of the risk & others that see better chances somewhere else & others that hold because they see their little business to be a massive multi-billion dollar corporation. time is the judge & your view of current status & how good was your idea when you bought in is what will determine your success.
This one has to keep going because it has uranium & its a matter of time, those that will lose patience & get bored will give away shares for others to make profit & others will get bored & pass to others & so on.......this is the market...you stay in from begining to end.......you have to be EXTRA patient... then you hit the jackpot. if you want to trade ups & down & play the traders game....CGT becomes your partner & you still get profits....just don't cry for not holding when SP becomes $xx
cheers,
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johnmwu3 said:
John,
I think you just found it about EXT "too late"!!!
from 2 to 8.5c in 1 year = 425%/year.........is that too slow for you??
I will be very very happy if it goes on half that rate in the next 12 month
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petee said:
Hopefully we'll be rich enough selling Uranium that we'll have houses that can protect us from nuclear bombs
Look the U3O8 price chart & you'll be amazed at how fast the increase in price. I'm guessing by time EXT starts production, it will have to be at least US$100+. its amazing how it's the only metal that didn't retrace AT ALL in the last correction & chart price line is going straight up & never looking backwards.........it keeps you thinking of the possibilities
IMO U price will down if the OZ labour allow to mine U.IGO4IT said:Hopefully we'll be rich enough selling Uranium that we'll have houses that can protect us from nuclear bombs
Look the U3O8 price chart & you'll be amazed at how fast the increase in price. I'm guessing by time EXT starts production, it will have to be at least US$100+. its amazing how it's the only metal that didn't retrace AT ALL in the last correction & chart price line is going straight up & never looking backwards.........it keeps you thinking of the possibilities
The price is only determined by require-supply market.
Maybe U price have another 2 years boom.
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johnmwu3 said:
India & china have plans to build a lot of nucelar reactors that will require a constant massive supply of U.
U will spike once these 2 countries (depend on it massively), they'll buy at whatever price with whatever qty. since their expansion is still plans & they're only starting to implement the very first few then demand is not that great.....they're also cautious of being dependent on nuclear energy in a time that supply is very limited!! can't be negative at all on long run......it will go up & crazely in 1-2 years from now.
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johnmwu3 said:
U308 price just gone higher to $48, gold is stable & we just filled the gap & closed higher.....looking like it could be on the way up already!!!
We'll have to wait & see.
petee said:
I dont really see your point
petee, every1 prefers to buy ANY STOCK at very low prices !
BUT at the time when EXT was 3c, YOU DIDNT KNOW IT WAS A VERY LOW PRICE, it was simply the market price at the time, if u bought today at 8.5c, and then in a few months its 25c and it goes back to 18-19c some people would say i would prefer to buy this spec when it was 8c to give some leeway for downside...
thats just how it goes...
IGO4IT said:its amazing how it's the only metal that didn't retrace AT ALL in the last correction & chart price line is going straight up & never looking backwards.........it keeps you thinking of the possibilities
Thats coz hedge funds and speculators cant manipulate the uranium price because u need a license to buy/sell even if u dont take physical delivery. No manipulation means no spikes and crashes, just slow and steady and u know what they say slow and steady wins the race...
So the long-term prices and spot prices are driven only by supply/demand dynamics, so the spot price has quintipled during the last 3 years ON FUNDAMENTALS ALONE, no speculation! and those dynamics will be there driving up the price for at least the next 2-3years....
Morning guys
I've posted this before but in another thread - if you're interested in the pricing of U then perhaps you'd like to read this article by Paul Van Eeden at
Tale of Tails: U3O8 processing & pricing
Some extra things to keep in mind when considering the future price of U3O8.
cheers
I've posted this before but in another thread - if you're interested in the pricing of U then perhaps you'd like to read this article by Paul Van Eeden at
Tale of Tails: U3O8 processing & pricing
Some extra things to keep in mind when considering the future price of U3O8.
cheers
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Once again hit support at 8.2c & bounced but this time strongly.
May be looking good for a run??!!
time will tell!
May be looking good for a run??!!
time will tell!
IGO,
Still looks like a classic flag pattern to me. Was I seeing things on the close with that one seller for 700K shares and it was pulled. Were you watching, looks like someone is getting frustrated with the lack of selling each day and cannot soak up enough. Many are keeping this in the bottom drawer now for a rainy day. :birthday:
Still looks like a classic flag pattern to me. Was I seeing things on the close with that one seller for 700K shares and it was pulled. Were you watching, looks like someone is getting frustrated with the lack of selling each day and cannot soak up enough. Many are keeping this in the bottom drawer now for a rainy day. :birthday:
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jemma said:
That 700k at sell wasnt' there to sell, it was there to test if buyers are serious or just giving support.
Your flag is going ok, if tomorrow is a small white candle then we're in for big money very soon.
its looking promising or at least better than before!
Tip: if 8.2c keeps holding then we could positively say we're on the right track (I doubt it will break
)IGO4IT said:That 700k at sell wasnt' there to sell, it was there to test if buyers are serious or just giving support.
Your flag is going ok, if tomorrow is a small white candle then we're in for big money very soon.
its looking promising or at least better than before!
Tip: if 8.2c keeps holding then we could positively say we're on the right track (I doubt it will break
If 8.2 was going to break, it would have done so by now, it just closed the gap we were worried about, which means it aint goin back down there on the next rise again!!!
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jemma said:
For technical analysis purposes, you're correct. The right wording will be, less likely to go down there again.....a good support at 8.2c will start a rally that could really push us higher, this is the 3rd bottom after 6.2c & 7.1 so if its really correct then we're due for a rally.
