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KIK, KAIRIKI ENERGY LTD |
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In Reply To: sirob's post @ Jun 1 2012, 10:32 AM KIK and NDO have been given a life line: http://www.asx.com.au/asx/statistics/displ...;idsId=01302413 Maybe the Vikings know how to drill a proper hole and avoid it being flooded. I gave my last KIK the kick in February. -------------------- I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan) |
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KIK showing a faint heart beat
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Trading ex-entitlement from today onwards.
Therefore, the drop from 0.8 to 0.7 is actually a rise. How come? you ask: Yesterday, KIK closed at 0.8c; that included the right to buy another 1.5 shares at 0.4c, resulting in an average of 0.56cps. Therefore, buying today at 0.7c without that bonus represents an increase of 25%. -------------------- I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan) |
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In Reply To: mistagear's post @ Jun 17 2011, 06:59 PM Hi Mista Dont be sorry, Thats the way things go on Speccie's. Loss was Profit & Not capital fortunatley. Althogh i must admit the original profit would have been nice. ![]() Agree with your Risk profile as well. |
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In Reply To: mpl's post @ Jun 17 2011, 06:22 PM MPL, I find the risk of trading any 1c share too great to justify entering a trade period. The minimum stop would be 2 ticks and that equates to a 20% risk. I would much prefer to have 4 goes at getting it right at 5% risk or 20 goes at 1% risk that is possible in more expensive charts. Add to this the fact in KIK's case, the negative sentiment.. no thanks, I can find other ways to get myself into trouble. Sorry the trade didnt work for you Cheers, M -------------------- ------------------------
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In Reply To: mistagear's post @ Jun 17 2011, 11:27 AM Hi Mistagear. I think a few may well have lost their Shirts today. It was my current Speccie I have to admit, But I sold out last week with the Exception of the 3c Rights Issuie which today managed to take my previous profit with it. That is nature of Speccies i spose. What really is amazing to me though is the Number on the other site that still call it a BUY at these price's. |
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In Reply To: raauul's post @ Jun 2 2011, 12:22 PM Holy SNAPPERS, the 2tick haircut I took back whenever it was is looking a good deal ..now. Hope everyone escaped this calamity Cheers, M -------------------- ------------------------
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In Reply To: arty's post @ Jun 2 2011, 10:35 AM All going well so far. If there was any oil shows it would have been noted, even just a whiff. It would not be expected to have any shows before reaching primary & secondary targets, although sometimes there might be an unprognosed section trapping some sort of hydrocarbon. Is there a chance of a dry hole? This is a wildcat drill after all, so probability of a commercial find would be 1 in 10. All the seismic work shows potential for structure to hold hydrocarbons. The only way to be sure they exist is to stick a drill through it. |
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Gindara Update: http://www.asx.com.au/asx/statistics/displ...;idsId=01186053
100m to go till the first "objective" No mention of any oil shows so far... Do they want to keep us in suspenders? Or is there a chance of a dry hole? -------------------- I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan) |
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In Reply To: arty's post @ May 4 2011, 10:59 PM Hi Mista & Arty. Spose KIK was always going to see profit taken Yesterday. Gap was response to news on next drill. As always market senitment took it to higher levels & Not anything to do with percieved value. As your Chart indicated Arty the current Trend began at what appears to obvious support back in Feb 09. (And they dismiss History ?). I intend to average up if the current shorter term Uptrend support line is held. |
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