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CUE, CUE ENERGY RESOURCES LIMITED
Barrios
post Posted: Feb 19 2004, 02:19 PM
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15:13:59 a prime example, 500k buy just took out 6.6c level.



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PDYOR There is a good chance my advice is worth what you paid for it.
 
Barrios
post Posted: Feb 19 2004, 11:56 AM
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I have been adding to my position over the last few weeks, there is very solid support 6.2-6.6c. They dont seem to be in any rush, just flushing out the sellers, and adding to thier holdings. Several 500k order blocks over last week.

Still nothing from the company icon14.gif

Looks like it should move higher.



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PDYOR There is a good chance my advice is worth what you paid for it.
 
goldilocks
post Posted: Feb 19 2004, 11:46 AM
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IN REPLY TO A POST BY yogi-in-oz, Thu 19/02/04 11:38am   [READ POST]

Thanks for the update yogi,some good work on CUE.I will have a good look at this one over the weekend.Here is one for you EQX,But please do your own research..

 
yogi-in-oz
post Posted: Feb 19 2004, 11:38 AM
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smile.gif

Re: CUE ..... indians getting restless again ....

Hi folks,

CUE has been oscillating slowly inside
an ascending triangle, since early
Jan 2004.

Now, it has ticked up slowly to that
critical 6.5 cent level and should
breakout over the next couple of weeks.

Since 06122000 high, CUE has been steadily
carving out a huge rounding bottom and
now the upward pressure is building for
a rally ..... the short-term ascending
triangle and longer-term rounding bottom,
are working together .....

..... soon, we should see a change in gear,
to a higher momentum in CUE's chart,
just like we had in HDR recently.

Revised our exit target to about .085
on this one ... will review this
trade, at that time.

happy trading all


yogi

P.S. ..... holding CUE

===============================

smile.gif



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:)


No advice here. If you need advice seek a
professional, as all of the above is the
humble analysis of one techie and astrotrader.
Play it safe, please do your own research.



:)
 
chris
post Posted: Jan 30 2004, 02:54 PM
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Posts: 167


IN REPLY TO A POST BY Scarabeo7, Fri 30/01/04 11:24am   [READ POST]

I totally agree Scarabeo7. I sold out today, right or wrong, on the basis that the financing situation is starting to drag abit, I have the feeling that they're having difficulty (or there just playing games with STO) gaining favorable financing and they've been promising announcing what it will be for the last 10 months.

Although there has been good buying lately there has also been some large sell orders, maybe i'll buy back in if it falls back to the low 5's.

regards.



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‘Control the oil and you can control entire Continents. Control food and you control people…’ Kissinger 1970’s,
 
Scarabeo7
post Posted: Jan 30 2004, 10:24 AM
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Posts: 129


IN REPLY TO A POST BY Sagitar, Wed 28/01/04 04:59pm   [READ POST]

Latest quarterly was about the third or fourth that basically said bugger all about real progress on Cue's only significant growth prospect, ie Oyong development. Santos's quarterly was also pretty light on with detail on this project as well, and you would think STO had plenty of incentive to be talking up its own growth projects at this time. Reading between the lines it looks to me like it is proving difficult for the JV to finalise some of the key financial / security issues around the gas sales contract to the Indonesian power authority - see Yogi's comments on Indonesia as a difficult place in this respect.

Been holding this one for a while now, but I'm starting to think that there are still some significant hurdles and risks before Oyong gets the green light ...

 


Sagitar
post Posted: Jan 28 2004, 04:59 PM
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Hmm, you're not wrong Yogi and its clearly not trading sideways. Does it sound like some are in the know, perhaps wink.gif or is it the slow accumulation by punters who know they're onto a good thing...

Interestly, shares in CUE reached 30c in 1997 and then the subsequent year it suddenly dropped to around 0.04c -ish mark! Does anyone have any enlightning thoughts on the history of this movement....trying to rack my brain as to what world affairs at the time may have sparked this price hike, if at all. Anyone care to pen a few thoughts on the projected or long-term forcast for CUE icon14.gif

Sagit

 
yogi-in-oz
post Posted: Jan 27 2004, 11:22 AM
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smile.gif

Hi folks,

CUE ticking up again, on no apparent news .....

happy trading all

yogi

P.S. ..... holding CUE


smile.gif



--------------------
:)


No advice here. If you need advice seek a
professional, as all of the above is the
humble analysis of one techie and astrotrader.
Play it safe, please do your own research.



:)
 
Sagitar
post Posted: Jan 22 2004, 06:49 PM
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Posts: 459
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IN REPLY TO A POST BY mosaic1996, Thu 22/01/04 04:36pm   [READ POST]

Hi everyone (including Yogi),
Thank you for your insights into this stock, will continue holding and see how the SP holds out over the next coming months. Looking at an exit around the +9 cent mark, at this point. Any further opinions are obviously more than welcome. Happy trading all.

Regards,
Sagit

 
mosaic1996
post Posted: Jan 22 2004, 04:36 PM
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IN REPLY TO A POST BY mosaic1996, Thu 22/01/04 04:34pm   [READ POST]

In regard to my previous post - I don't necessary believe everything that company management tells me.

 
 


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