ShareCafe Posted February 3, 2004 Share Posted February 3, 2004 created for daj Link to comment Share on other sites More sharing options...
monoply Posted April 28, 2004 Share Posted April 28, 2004 No comments here. I was wondering if there is something going on with this stock. Could be one to keep an eye on. cheers mono Link to comment Share on other sites More sharing options...
Quinent Posted April 28, 2004 Share Posted April 28, 2004 mono, I'm hoping there's something going on.. jumped up about 4c on huge volume yesterday.. I got in today so am hoping for some sort of announcement soon. Fingers crossed. Brendan Link to comment Share on other sites More sharing options...
monoply Posted May 20, 2004 Share Posted May 20, 2004 Why do I get the feeling something is going on here. UEC looks like been taken over, and there was not a post about it recently. I didnt buy UEC because the market was so bearish. Wonder if the same thing could happen to SMX. Ive no idea what is going on, but I think something is up. I could be wrong. Cheers mono Link to comment Share on other sites More sharing options...
Quinent Posted May 20, 2004 Share Posted May 20, 2004 mono, Weird isn't it.... I got out at a small loss a week or so back... will probably not get back in but watch and see what happens and chalk it up to experience. Cheers, Brendan Link to comment Share on other sites More sharing options...
monoply Posted May 20, 2004 Share Posted May 20, 2004 Hi Brendan, Probably a good idea to just watch and use it for your education. Ive been stopped out of about my last 10 trades, hence I left UEC alone. This is a tough market, and its probably better to avoid the losses, rather than chase the winners. I have a few SMX, but will probably just end in tears, and be stopped out like yourself. Cheers mono Link to comment Share on other sites More sharing options...
Quinent Posted May 20, 2004 Share Posted May 20, 2004 mono, Yes I agree.. will be very interesting to see what does happen to SMX though... new contracts? takeover? Something has to be up surely? Cheers, Brendan Link to comment Share on other sites More sharing options...
monoply Posted May 24, 2004 Share Posted May 24, 2004 Well, there is one reason as to why is was sneaking higher. News out today, that they have won a multi million dollar defence contract. Cheers mono Link to comment Share on other sites More sharing options...
Quinent Posted May 25, 2004 Share Posted May 25, 2004 mono, Yer, saw that... didn't move the price all that much in the end.. I think all the 'traders' must have been shaken out over the last month since the initial price spike... The ann could've had a bit more detail.. ie profit targets, etc would've been nice to see! You still on board? Cheers, Brendan Link to comment Share on other sites More sharing options...
BSA Posted June 2, 2004 Share Posted June 2, 2004 Hi Quinent, According to AFR the Military contract was between $10 and $20 mill, a bit of latitude there. I bought into SMX a while back, and added at 29c, I dont see it popping its cork until above 31.5c, but more a subdued rise as still plenty of sellers, but big buyers are moping them up. Macquarie have a 35c valuation on them, I have resistance at 37c, which is also the projected target from the weekly equilateral triangle base pattern, so could stall around there, but it is a stage one break and start of stage two uptrend. Cheers Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now