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leppard
Posted on: May 20 2009, 04:21 PM


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Posts: 278

"What do traders do ? Is it not pretty obvious that having banged its head on the falling trendline that a consolidation will take place ."

Not only did it hit the overhanging trendline, but the high of 126c was approx 61.8% fib retracement from the most recent highs in April 2008.

Prices have now retreated to the nearest level of resistance, the 200 day moving avg currently hovering around 82c. It also happens to be a 50% retracement from yesterdays high and the low of 36c. IMHO it may consolidate here or at the 61.8% retracement level in the low 70s. Possibly a short covering rally in the states is in order the moment they sniff it may turn?

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leppard
Posted on: Mar 19 2009, 11:53 AM


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Posts: 278

Same here I'd been out of this stock for years but at less than cash value it proved too tempting.
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leppard
Posted on: Mar 19 2009, 11:41 AM


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You're not wrong there! I remember once we wiped out the sell side back in the old days...

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leppard
Posted on: Sep 23 2008, 06:20 AM


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In reply to: NightStalker on Tuesday 23/09/08 07:05am

We've gotta fight ...for our right ...to short sell!
  Forum: Investment Discussion

leppard
Posted on: Apr 19 2008, 09:21 PM


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Posts: 278

In reply to: fastbuck on Saturday 19/04/08 08:45pm

Nice to be back. Watching closely...
You know andy i think there is too much buyer strength to test 80c again just quietly. Certainly will top out this run sometime, but when, was it friday or will it be monday, or later? A wave of optimism at the moment. You only have to write the words 'cancer cell death' in a release for every TD&H to jump on board just in case. Inevitably they will jump ship as quickly as they got on. But you know suddenly people will be reevaluating NRT and reading up on the real story and saying hey this company has actually got some substance to it. Then suddenly your tide will have turned. Especially if the DOW breaks north as well as may be the case.
Therefore I'm not sure how big the retrace will be. Look for a flag to form, hopefully.
ps anyone have any idea of the short interest.
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leppard
Posted on: Mar 13 2008, 09:41 AM


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Man I never thought this baby would sink this low. Seems a bargain at these prices. Please give me a reason to trade this again. Sept 01 low of 78c - a possible bounce from there?
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leppard
Posted on: Jan 23 2008, 10:37 AM


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Posts: 278

anyone using traderdealer?

I'm still on commsec via the old aotonline webiress platform. Solid as a rock - only once in the last 2 days have I had a freeze. I wonder when the day will come that comsec will tell me to clear out.

Beats me why comsuck don't offer this platform to their pro users. Its for old aotonline customers only. WebIress platforms are the only way to go - pure and simple. Its just expensive for dynamic streaming data though. Well worth it.
  Forum: Investment Discussion

leppard
Posted on: Jan 22 2008, 11:09 AM


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Posts: 278

any close 52 or above today would be a great effort and set it up nicely for a reversal. I'm sure there's a few watching to see what the afternoon will bring
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leppard
Posted on: Jan 22 2008, 10:43 AM


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Posts: 278

you'd be silly to short it today
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leppard
Posted on: Aug 8 2007, 07:48 AM


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NVGN 8.01 - double bottom, or breakdown>? Watching from the sidelines....from a long way away.
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leppard
Posted on: Apr 27 2007, 04:12 PM


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Posts: 278

In reply to: Xroutersix on Friday 27/04/07 12:39pm

nice buy order 100k at the end of day cleaned up everything up to 2.50
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leppard
Posted on: Apr 11 2007, 10:59 AM


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Posts: 278

A patent ain't worth zip if you can't prove its worth more than the paper its written on.

Honestly, how do NRT expect to get treated seriously by the medical community if they claim they can potentially cure baldness??!! Ridiculous.
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leppard
Posted on: Mar 2 2007, 08:24 AM


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no problems with webiress, very stable.
  Forum: Investment Discussion

leppard
Posted on: Mar 1 2007, 10:53 AM


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Posts: 278

In reply to: console on Thursday 01/03/07 11:21am

I don't have my SLACE yet either. They cannot confirm a date when they will give them to me lmaosmiley.gif
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leppard
Posted on: Feb 28 2007, 10:34 AM


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Posts: 278

The US isn't to blame - its the china slowdown story, which may effect our mineral exports to china. So I'd expect the miners eg BHP, RIO, PDN, ZFX etc to suffer as a result.
  Forum: Investment Discussion

leppard
Posted on: Feb 28 2007, 10:13 AM


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Posts: 278

In reply to: BSA on Wednesday 28/02/07 10:51am

I'm agonising over whether to hold a couple of cfd short positions overnite, or just stand back. I was lucky enough to be holding ZFX short yesterday and only 2 longs.

Surely bound to be margin calls in the next few days and a chance for the bears to sink the claws in. That said I'm wary. Surely its a laydown misere for a quick scalp, cover tomorrow morning, but something is stopping me from pulling the trigger.

Defo going long once the dust settles.
  Forum: Investment Discussion

leppard
Posted on: Feb 21 2007, 09:07 AM


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holy excrement what happened here?
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leppard
Posted on: Feb 17 2007, 02:45 AM


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Posts: 278

You're right, long term if they can pull it off it is a real rainmaker. I'm in the UK at the moment and the NHS is one huge dinosaur of mismanaged bureaucratic bungling and public money wastage. The revamp of the IT systems was supposed to help save masses of money but it has so far ending up gobbling vast sums of money just coming up with a potential solution.

If perhaps with IBA's expertise they can turn isoft around and make the NHS systems efficient, man that would be a remarkable achievement and worthy of great profits. However don't underestimate how much a mess and balls up the current situation is. THere are huge big if's in this scenario. Company risk. Market risk. Political risk.

And the market don't like risk & uncertainty. So expect short term underperformance of the share price until the market digests this info, and it will take a while I reckon. For starters, what the hell would the buy price be, and is it too expensive or is it on the money? & What if the uk govt decides not to go ahead with the project?
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leppard
Posted on: Feb 16 2007, 09:11 AM


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Posts: 278

In reply to: Livas1 on Friday 16/02/07 10:06am

The audio stream is impressive.
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leppard
Posted on: Feb 1 2007, 10:22 AM


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by the way the chart looks to have broke out of a flag formation with a target of 53c
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leppard
Posted on: Feb 1 2007, 10:12 AM


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I was wondering how long before someone mentioned $4, $5 & $8 targets rolleyes.gif
That's more like it! I too was on the ride up to $8.80 and would love to do so again. But lets not get ahead of ourselves. In the end it is all about good trial result and the goahead for commercialisation. Haven't had a chance to do any TA as yet, but she's looking pretty good. About time it got its butt above $3 where it belongs.

You know the way people are stacking bids around 3.23 I wouldn't be surprised if this baby has been recommended by someone. Lots of hot resource money looking for a home.

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leppard
Posted on: Jan 31 2007, 09:47 AM


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holy balony. what's news today?
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leppard
Posted on: Jan 29 2007, 10:10 AM


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hope you got back on andy she's busting another move rolleyes.gif
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leppard
Posted on: Dec 12 2006, 07:37 PM


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Will be a lot of IPO money to spend on developing new mines, which if they do it right will eliminate the biggest negative of this stock, ie what will happen when century runs dry. I see this spin off as a huge plus. Be interesting to see the brokers reactions to this.
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leppard
Posted on: Nov 23 2006, 06:54 PM


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Posts: 278

Been looking for a re-entry after a spell out of this stock, but still waiting patiently. Obviously I've not missed much. Any news on the horizon? Are they still recruiting for ovature or is it full up, I've lost track. Surely we're due for a run at some stage, several bio stocks have come to life of late and I'm sure NRT will have its turn at some stage... with a few choice announcements ...
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leppard
Posted on: Sep 5 2006, 04:30 PM


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Interestingly they haven't budgeted for any chinese income in 2007. Any substantial contract wins in China means that income hasn't been factored into the price and will lead to an increase in the SP. Bet your bottom dollar they will get one before the end of the year.
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leppard
Posted on: Sep 5 2006, 11:17 AM


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Posts: 278

In reply to: andy20020 on Friday 01/09/06 10:28am

Knowing this stock, bad news is just what it needs to spark a rally.

I wouldn't have thought any fundies own any NRT, very few index funds in the aussie mkt and the managed funds have steered clear of it, not understanding the company. One side effect is it won't be used as much for hedging purposes (eg futures boys buying a basket of S&P/ASX200 stocks). So the effect should be minimal.
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leppard
Posted on: Sep 4 2006, 06:33 PM


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How good was the ox today? biggrin.gif
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leppard
Posted on: Aug 22 2006, 02:41 PM


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In reply to: andy20020 on Tuesday 22/08/06 02:44pm

Well hey all. I take a couple of months off trading - good time to take off as it turned out - come back and what happened to NRT? I can soon reenter at my original purchase price of $1.92, many moons ago. Surely the story hasn't changed at all, other than the MSHL capital raise we all knew well in advance would happen. Or am I missing something? Got my eye on it, but not in a rush to buy. Waiting for it to double bottom, or find one.
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leppard
Posted on: Jun 2 2006, 02:05 PM


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In reply to: Bill Gates on Friday 02/06/06 01:49pm

Yeah they were but I think Paul got his followers on board below 4c. Read through the thread, its got some substance this company after all it has a contract with google and rights to advertise on some world cup site, but at 10c it was way overvalued. Some dodgy options to preferred shareholders sent it tumbling. 5c might actually be a decent buy in price.
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leppard
Posted on: Jun 1 2006, 07:58 PM


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In reply to: andy20020 on Thursday 01/06/06 07:24pm

Andy it wasn't me that mentioned the gaps - I don't subscribe to the 'it has to fill the gap' theory, its a load of BS. I agree it would be something pretty drastic to see low $1s again. We could see some tax loss selling up to June 30, which may keep the share price down here for a bit. After all is there any rush to get on board? I'm hoping to see a steady upward climb after then. Baring any radical new good or bad news of course.

If $2.50 fails then there could be support at $2.37 - equal to the Mar 03 low. But there doesn't seem to be any TA on NRT that works lately. That may mean that NVGN is setting the trend? You could be right about $US8.50. Anyway, lets wait and see what happens.
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leppard
Posted on: Jun 1 2006, 09:44 AM


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Actually, I can't find the exact protocol, although some of it is mentioned here.
Says something about 97 recorded events. I'm sure I read the company estimated that this would take 18 months, although I can't put my finger on where I read this. Some of the more scientifically minded followers might be able to confirm this or provide further information.
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leppard
Posted on: Jun 1 2006, 09:27 AM


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Posts: 278

QUOTE (nell @ Thursday 01/06/06 09:38am)

I believe approval may be granted on interim results 18 months after Q306 when recruitment is completed, its all there in the MSHL newsletter here.

So you're looking at Q208 approval at the earliest, its a long way away so I doubt this sell off is over yet.
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leppard
Posted on: May 31 2006, 04:23 PM


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Went ballistic in the last half hour!
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leppard
Posted on: May 31 2006, 01:38 PM


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MSHL looks ugly. NRT still needs to get past tax selling time. Thats if anyone still holds them?
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leppard
Posted on: May 25 2006, 07:58 AM


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Well heres the long term chart for what its worth. Make of it what you will. I give up trying to do TA on this beast. Lets wait and see if that line becomes support, or it just crashes through it.
Attached image(s)
Attached Image

 
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leppard
Posted on: May 17 2006, 03:45 PM


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Posts: 278

In reply to: leppard on Wednesday 17/05/06 11:21am

Now that's more like it. Nice bullish move on NRT.
Pussy footed yanks, lets see if they can follow our lead tonight. tongue.gif
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leppard
Posted on: May 17 2006, 10:21 AM


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Posts: 278

In reply to: ManjiLad on Wednesday 17/05/06 01:53am

Yeaaah finally the commencement of Ovature biggrin.gif

What's with the MSHL price chart reaction though.
Huge gain then massive sell off.
Hardly a peep out of NVGN.
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leppard
Posted on: May 15 2006, 02:11 PM


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2 new compounds for MSHL. Big deal, what about news on Ovature grrr.gif
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leppard
Posted on: May 11 2006, 10:58 PM


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In reply to: Ace Rimmer on Thursday 11/05/06 11:46pm

I see it too...but says due to technical difficulties prices displayed may be inaccurate

Sold my MCR today so I don't care too much.
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leppard
Posted on: May 9 2006, 12:02 PM


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The only thing that concerns me is the capital raising mooted in the presentation. Might put a damper on any further advances in the price for the time being.
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leppard
Posted on: May 9 2006, 11:17 AM


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Well, another great announcement. Malaysian order and acquisition for entry into Chinese market. Further upgrades in forecasts. Might be one to ride for a while longer I think. Market still digesting the scope of this announcement.
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leppard
Posted on: May 5 2006, 10:25 AM


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Oh dear the price is looking mighty sickly this morning. $3.30 is a potential double bottom, below that is not good. Really does need news on that damn Ovature trial. Maybe it will hit my lower trendline after all. My monkey has been instructed to buy as much as he can at that level.
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leppard
Posted on: May 5 2006, 08:40 AM


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Posts: 278

QUOTE (LookingConfident @ Friday 05/05/06 08:43am)

You post its a 'steal' every day, you're bound to be right eventually.

It was a steal at $US2.40 (presplit), then at $1.70, 1.20, 1.00, 75c, 55c (you were right), then post split $US4.00, 5.00, 6.00 and now 5.26.

Please don't make me go through the history and pull out my predictions. Go through and look up the history on this thread. I think I called it down from $1.70 and said it was falling going to fall to book value and I think my last official post I said the technicals said it was going up, even though its not fundamentally sound.

Seriously, well done on being on this last rise. You're a braver man than me.

But for newbies there is not enough liquidity in the aussie market to buy (or sell) any quantity of shares that will make you a decent amount of money. They should pull the plug on the ASX listing. There is too much risk and too much slippage. You paint such a rosy picture but the road ahead (to profits) is still long and hard. Its just not the same as the old blue sky days, still looks very cloudy to me.

Best of luck and bye for now.
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leppard
Posted on: May 5 2006, 07:12 AM


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The loss increased from last quarter. Why didn't you bold that. Here let me

Net loss for the first quarter of 2006, which includes $0.3 million of non-cash, share-based compensation charges, was $4.5 million, or $0.20 per share. This compares to net loss in the preceding quarter of $3.8 million, or $0.17 per share, which included a restructuring benefit of $0.6 million.

They expect another loss of about the same next quarter. How can you say that's a good result. They don't even look like breaking even anytime soon.

So what if revenue increased, if you can't make any profit.
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leppard
Posted on: Apr 28 2006, 12:08 PM


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I did the same thing macrae grrr.gif

But can't complain with a 30% odd gain.
Just too much uncertainty with margins and sales with this stock to do anything except daytrade this dog. Still, its confirmed breakout, wait for it to settle down and reassess?
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leppard
Posted on: Apr 27 2006, 11:44 AM


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QUOTE (BSA @ Thursday 27/04/06 12:17pm)

I'm of a similar opinion.

I see two trend lines on chart, one a steeper short term trendline, and a long term not so steep uptrend line (now around 4.00).

I see a break of the short term trend line indicating a short trade. The long term uptrend remains unbroken.
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leppard
Posted on: Apr 26 2006, 05:05 PM


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QUOTE (leppard @ Wednesday 26/04/06 06:02pm)

Ellaburra is right, in the commitments test you would only see cash actually paid or received, you would not see sales that have been made in that period but not yet paid by the customer. You'll have to wait until the accounts are released to see that information.
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leppard
Posted on: Apr 26 2006, 05:02 PM


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In reply to: aad666 on Wednesday 26/04/06 05:48pm

The committments reports are a statement of cash flows.

By definition it is on a cash basis.

Accrual accounting is required for the financial accounts ie the Balance Sheet, but a statement of cash flows is included separately in the accounts as well. It is important to see if the company has positive or negative cash flows, and whether this is funded from investment, finanical or operating activities.

Cash accounting is not allowed under the accounting standards for publically listed companies.


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leppard
Posted on: Apr 25 2006, 03:54 PM


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Heard some guru on bloomberg say he reckons if the DOW triples over next 10 years he expects the gold price to be 10 times what it is now ie $6000. Now that's the most bullish call I've heard yet (or outrageous whichever way you want to look at it).
  Forum: Macro Factors

leppard
Posted on: Apr 13 2006, 11:14 AM


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Looks very much to be a reverse flag forming on the chart.
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leppard
Posted on: Apr 12 2006, 05:21 PM


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In reply to: leppard on Wednesday 12/04/06 06:16pm

Actually he's talking about:

Whether a non-US biotech can succeed internationally without first being absorbed into the US market and its financial, clinical and regulatory structure?

The issue now is whether there are any advantages in being a non-US based Biotechnology Company?
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leppard
Posted on: Apr 12 2006, 05:16 PM


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Talking about executives, Christopher Naughton will be speaking in Sydney about Novogen for the American Chamber of Commerce on 25 May if you're interested. There is a cost involved.
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leppard
Posted on: Apr 10 2006, 09:35 AM


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Surely this is just sabre rattling by the US. Otherwise why leak it to the media?
  Forum: Macro Factors

leppard
Posted on: Apr 9 2006, 06:21 PM


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Posts: 278

QUOTE (LookingConfident @ Sunday 26/03/06 11:34pm)

Currently looks like a descending triangle if anything. Which is bearish. I don't think its wavy enough though.
  Forum: Investment Discussion

leppard
Posted on: Apr 6 2006, 09:51 AM


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Looks like this is being quietly accumulated ahead of the start of the ovature.
Good luck all. C'mon FDA, dot the i's and cross the t's and let them start the trial FFS.
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leppard
Posted on: Apr 5 2006, 04:24 PM


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Posts: 278

QUOTE (ADMIN3 @ Wednesday 05/04/06 05:04pm)

Whilst on the subject of strange dates:
There is a rumour that the world will end on:

06:06:06 06/06/06

So I recommend you all start spending all your money and enjoy life until then.
Cheers and nice knowing you all.
  Forum: Off Topic Chat

leppard
Posted on: Apr 5 2006, 03:50 PM


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Posts: 278

In reply to: King Baz on Wednesday 05/04/06 04:17pm

Been sweating for a day like this on PDN for ages. Managed to extract 72 points of profit out of it. More down to come tomorrow I reckon, but I won't risk holding a short overnight. I've had enough for now.
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leppard
Posted on: Apr 5 2006, 11:41 AM


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What a great stock for CFDs, you make money going both directions, gotta love the volatility.
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leppard
Posted on: Apr 4 2006, 12:24 PM


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Posts: 278

In reply to: itucker on Tuesday 04/04/06 01:15pm

Yes but paint, widgets and even land are physical things. Shares are not a physical thing and as such I think you'll find there is definately doubt as to whether it is trading stock.

If shares are truly trading stock you could value each position at the lower of cost and market. You could only pay tax on your realised profits and then reduce this tax further by using your unrealised losses to reduce the tax you pay. I have a feeling the tax office would win if they ever challenged you on this technique.

ps just because someone wrote something in a book doesn't make it law.
  Forum: Investment Discussion

leppard
Posted on: Apr 4 2006, 12:17 PM


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Posts: 278

Certainly can't be wrong, and in fact I believe that's the right way to do things.
  Forum: Investment Discussion

leppard
Posted on: Apr 4 2006, 11:52 AM


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In reply to: drarthur on Tuesday 04/04/06 12:34pm

There's no ruling, its a grey area. Trading stock relates to physical things like selling bread, paint whatever. So its arguable that shares are NOT trading stock and as such cannot be valued at lower of cost or market. If so, a stocktake is not applicable and you would have to value at cost only. But there's no ruling, so this is yet to be tested. I think.
  Forum: Investment Discussion

leppard
Posted on: Apr 4 2006, 11:22 AM


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Posts: 278

In reply to: drarthur on Tuesday 04/04/06 11:56am

Your accountant is doing a bad job I reckon. He's wrong.

He should value all your positions at cost, not market value. Then you don't have to pay tax on any unrealised profits.

Besides its arguable that 'stock' is not trading stock anyway.

  Forum: Investment Discussion

leppard
Posted on: Apr 3 2006, 11:03 PM


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Posts: 278

In reply to: drarthur on Monday 03/04/06 09:38pm

That's not quite true, you can't run a business through your SMSF, and that includes running a business of sharetrading. You can invest, but be careful not to be classed as a full on trader. I think under 200 trades a year you are ok and are classed as an investor, but check with the ATO and your auditor. Instalment warrants and options are ok in SMSF, but margin loans and CFDs are a no no. Again don't quote me. Also check your investment strategy covers it & trust deed allows it.
  Forum: Investment Discussion

leppard
Posted on: Mar 31 2006, 09:15 AM


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Posts: 278

Quik, this is the exact reason I made the decision not to post here anymore. LC will do anything to defend his blog. Its not worth the effort arguing.
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leppard
Posted on: Mar 31 2006, 08:19 AM


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I nominate theadder & applefoot.

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leppard
Posted on: Mar 30 2006, 10:28 AM


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surely the target for this move is $2.20 or thereabouts.
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leppard
Posted on: Mar 24 2006, 02:41 PM


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In reply to: BSA on Friday 24/03/06 12:08pm

Mmmmmm. Yellowcake. Drool.... (Homer Simpson style) biggrin.gif
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leppard
Posted on: Mar 24 2006, 09:32 AM


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Above 3.84 is all good. Once we have a higher low our bottom is confirmed.
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leppard
Posted on: Mar 24 2006, 08:31 AM


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Don't forget shares on issue is different

Market cap

HTW $69M
VCR $184M
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leppard
Posted on: Mar 22 2006, 06:14 AM


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In reply to: andy20020 on Friday 17/03/06 09:32am

So Andy, did you find anything out about $3.25? I can't see the significance of that level in my analysis. The bears are definately in control.
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leppard
Posted on: Mar 21 2006, 05:56 PM


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Posts: 278

Cat, I'm interested to know how your risk management works on a $30k account.

On average, how much $$ would you stake per trade?
How many positions would you hold open at once?

Thanks
Andrew
  Forum: Investment Discussion

leppard
Posted on: Mar 21 2006, 04:12 PM


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Posts: 278

In reply to: PadMunter on Tuesday 21/03/06 04:13pm

Man Financial are giving 35% margin. They changed their list to include them today.
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leppard
Posted on: Mar 21 2006, 02:18 PM


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I found out that my CFD provider has put PXS on their list of stocks covered today. So I bought some stock this morning. Haven't been too unhappy with the purchase so far biggrin.gif
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leppard
Posted on: Mar 18 2006, 08:41 AM


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Posts: 278

In reply to: Jay on Friday 17/03/06 10:35am

I would agree with Jay, the monthly chart seems to be pointing towards a target of $3.

Attached image(s)
Attached Image

 
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leppard
Posted on: Mar 17 2006, 04:32 PM


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No actually I took a small long position this morning and haven't sold yet. Otherwise I wouldn't be posting. I was quite happy with the close. I'm just saying don't get too excited.
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leppard
Posted on: Mar 17 2006, 04:04 PM


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Well go read the VCR board if you don't believe me they had similar volume. Its the futures boys. end of.
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leppard
Posted on: Mar 17 2006, 03:44 PM


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But its just futures related trades, they expired this week remember.
There is no big buyer. The same happened on VCR, OXR, CSL etc etc.
Nothing to get excited about, other than the fact it should kick in a bit of a technical rally.
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leppard
Posted on: Mar 17 2006, 03:22 PM


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Posts: 278

In reply to: theadder on Friday 17/03/06 04:09pm

Probably the left overs from futures expiry, PTD not the only one, but why the high close??
  Forum: By Share Code

leppard
Posted on: Mar 17 2006, 08:48 AM


Group: Member
Posts: 278

In reply to: geoq on Friday 17/03/06 01:33am

I think there is one broker or research house covering NRT and they have had a sell on it forever. I wouldn't know who it is, I just looked it up on Aegis .
I once mentioned NRT to a Sydney broker mate of mine and he said "You mean the red clover company?", & he just laughed. The broking community seem to think NRT is some crackpot company selling herbal remedies. They have no idea of its potential.
  Forum: By Share Code

leppard
Posted on: Mar 17 2006, 06:29 AM


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Posts: 278

I'm out, it was a bearish break yesterday. There was no way I was holding with a price below 3.85. I know, for long term holders this price action is frustrating, it may possibly be a quick swift dip towards $3, but I expect the price will bounce back sharply. I'll be back. Hope I don't miss any announcements.
  Forum: By Share Code

leppard
Posted on: Mar 13 2006, 09:29 AM


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Posts: 278

Thx, I'm in for 80.5 was close enough to 78c for me.
  Forum: By Share Code

leppard
Posted on: Mar 13 2006, 09:17 AM


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Posts: 278

In reply to: sierra on Monday 13/03/06 10:04am

wots the ex date for rights entitlements?
  Forum: By Share Code

leppard
Posted on: Mar 9 2006, 06:47 PM


Group: Member
Posts: 278

In reply to: Cha on Thursday 09/03/06 07:35pm

Rejected titles for Brokeback Mountain

OKLAHOMO

HIGH NOONER

THE MAGNIFICENT SEVEN INCHES

JEREMIAH'S JOHNSON

POLESMOKE

BUTCH ASSIDY AND THE BUNDANCE KID

THE MAN WHO SHOT ALL OVER LIBERTY VALANCE

HOW THE WEST WAS HUNG

THE LEGEND OF THE LONG RANGER

DOC'S HOLIDAY WITH BILLY THE KID

VERY RAW HIDE

LONESOME DOUG

A FISTFUL OF NED

HI, PLAINS DRIFTER!

QUICKLY DOWN UNDER

BAREBACK MOUNTING

BONE-NANZA

DON'T MESS WITH TEX' ASS

HOME ON THE RANGER

ROOSTER COCKBURN

PRANCES WITH WOLVES

BALONEY PONY RODEO

TUBESTEAK COWBOYS

HOMO ON THE RANGE
  Forum: Off Topic Chat

leppard
Posted on: Mar 9 2006, 06:34 PM


Group: Member
Posts: 278

In reply to: marghasyow on Thursday 09/03/06 03:33pm

Well, the 'truck' I backed up today was merely saying I'm in the mood to buy, not at what price. Looks like I'm not the only one. Sadly not much stock was sold below $4. The fundamentalist in me says $4 is cheap. I bought some, will buy more if a bottom is confirmed. I'll sell just as quick if it isn't.
  Forum: By Share Code

leppard
Posted on: Mar 9 2006, 09:08 AM


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Posts: 278

I've got my truck, where should I park it?
  Forum: By Share Code

leppard
Posted on: Mar 8 2006, 08:49 AM


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Posts: 278

If $15.25 fails, going back two years there was a low at $14.85 on NVGN which may hold support. Corresponds to about $3.90 NRT. Which it may reach if $4.15 fails. I am eagerly waiting for a bounce also.
  Forum: By Share Code

leppard
Posted on: Mar 6 2006, 06:07 PM


Group: Member
Posts: 278

Personally, I wouldn't use a CFD company that isn't direct market access. There's a certain comfort factor in putting your buys and sells straight into the ASX yourself.
  Forum: Investment Discussion

leppard
Posted on: Mar 6 2006, 04:14 PM


Group: Member
Posts: 278

QUOTE (happy2 @ Monday 06/03/06 05:04pm)

You're still with AOT? The $50pm fee is waived if you are using Comsuc/AOT's Iress platform (or any webIress with anyone else eg poweretrade). You just fill in a special form. I've never paid Man anything except brokerage.

You are using the exact same platform, so its the same Iress charts.
  Forum: Investment Discussion

leppard
Posted on: Mar 6 2006, 08:32 AM


Group: Member
Posts: 278

In reply to: happy2 on Saturday 04/03/06 05:58pm

Happy2, you don't need Comsec, I can thoroughly recommend Man Financial, which uses the same Iress platform as AOT, you can happily and seamlessly trade either straight shares or CFDs on the same Iress platform, and Man Fin won't charge you an extra monthly fee. When you make an order there is a drop down menu with both your accounts so you can select which one you want to use.
  Forum: Investment Discussion

leppard
Posted on: Mar 3 2006, 04:13 PM


Group: Member
Posts: 278

In reply to: 4thekids on Monday 20/02/06 05:12pm

Been back in since $2.03 and happy as Larry biggrin.gif
  Forum: By Share Code

leppard
Posted on: Mar 2 2006, 03:35 PM


Group: Member
Posts: 278

In reply to: happy2 on Thursday 02/03/06 04:23pm

Man Financial CFDs are good too, your trades go straight into the actual market. Much better, comfort factor. I been using them for a while and no complaints. I think they have CST on 60% margin.
  Forum: By Share Code

leppard
Posted on: Mar 2 2006, 10:54 AM


Group: Member
Posts: 278

In reply to: nell on Thursday 02/03/06 10:38am

I thought it was clearly implied in the last Chairman's statement that negotiations with whoever it was (L'Oreal?) broke down. Refer to the paragraph below:

"Our NV07 compound continues to suffer disappointing delays in our desire to find a licence at fair value. Our focus to date has been finding a niche for this compound in the cosmetic area. We have come to understand that the cosmetic industry is more motivated by novel advertising positioning than having good scentific data. This process is continuing & we will concurrently investigate the broader area of complementary therapeutic opportunities."

I suspect its been shelved until they fry the bigger fish, PXD & Glycotex.

Why people are still carrying on about NV07 I don't know. Sure, it does show a lack of negotiation skills. They should have been whoring it out to every cosmetic company and struck a deal with the highest bidder. But perhaps the cosmetic industry in general doesn't do deals, rather they like to do everything in house.
  Forum: By Share Code

leppard
Posted on: Mar 1 2006, 02:46 PM


Group: Member
Posts: 278

QUOTE (LookingConfident @ Wednesday 01/03/06 12:54pm)

I think long term holders would and should post their concerns on a board, if they are genuinely dissatisfied with the management. We do after all own the company! Maybe management might read the comments and do something about it.

Go read the PRR board there are plenty of long term holders bagging the company for its poor performance.

Hope your not suggesting Andy is talking down the price, because he's not that sort of person. I'd like to think there aren't any such people on sharescene although no doubt there are a few. Besides if you think you can talk down a price by positing on a chatboard you're a fool, because the Mr Market doesn't read boards!

I'll often post negative comments on a board of a stock I don't own, what's wrong with it? I do it merely as a warning if I think irrational exuburence has taken over and perhaps newbies buying in at the top should be made aware the stock is fully valued or overvalued so they don't get conned by the cheerleaders who are saying the stock is going to the moon. Not because I want to buy in. Longs do sometimes have blinkered eyes smile.gif
  Forum: By Share Code

leppard
Posted on: Mar 1 2006, 08:19 AM


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Posts: 278

Is it only me that sees this as an opportunity to back up a large truck if this falls below $4?
I'm targeting $14.85 on the NVGN chart and $3.85-$4 on NRT. There's half a chance of a fall to $3 (only in the case of bad news I'd say), but other than that the odds look good for a recovery. I'm cashed up and looking for opportunities and this is looking mighty good value in this (mostly) overvalued market.

As for the company I don't care for chook feed, as long as they bring home the bacon in the end. If the FDA says jump you say how high, that's the way it is.
  Forum: By Share Code

leppard
Posted on: Feb 27 2006, 04:33 PM


Group: Member
Posts: 278

The plot thickens.

Captain Starlight (sounds like a some superhero), was one of the investors who participated in the capital raising December last year. See the Appendix 3b notice on 23 December 05.

They fronted up $650k for 33M shares at 2c. Now worth $2.3M.
They got 42M free options at 4c (currently worth say $1.26M) & 33M free options at 10c (probably won't be exercised).

Not a bad return for 2 months work. Bet they've sold a few. devilsmiley.gif
  Forum: By Share Code

leppard
Posted on: Feb 27 2006, 04:11 PM


Group: Member
Posts: 278

QUOTE (forrestgump @ Monday 27/02/06 03:51pm)

There is a list in the notice of meeting. The directors and their associates are not participating in the issue.

Who the hell is "Captain Starlight Nominees Pty Ltd"?? They got 42M options!!!
  Forum: By Share Code

leppard
Posted on: Feb 27 2006, 04:01 PM


Group: Member
Posts: 278

In reply to: forrestgump on Monday 27/02/06 03:51pm

Lets say the options are issued to investors that already own shares.

Hmm...How am I going to fund these 4c options? Oh I think I will dump my existing shares at 7c!
  Forum: By Share Code

leppard
Posted on: Feb 26 2006, 11:32 AM


Group: Member
Posts: 278

In reply to: donna 1955 on Friday 24/02/06 02:28pm

Tell them the bad news. Resolution 4 was passed, 92M options to be issued at 4c. No doubt all will be taken up. Sure you'll raise $3.7M in capital but the value of your existing shares is still diluted by over 11%.
  Forum: By Share Code

leppard
Posted on: Feb 24 2006, 03:24 PM


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Posts: 278

Report out.
Nothing new.
As usual OTC sales about as useless as tits on a bull.
Least we know the clinical trials still going and they mentioned the big pharma's name again.
Patience is a virtue grrr.gif
  Forum: By Share Code

leppard
Posted on: Feb 23 2006, 09:01 AM


Group: Member
Posts: 278

Car'n NRT, all my other shares are busting a gut moving forwards, and you're here sitting on your butt doing nothing. LIFT!
  Forum: By Share Code

leppard
Posted on: Feb 23 2006, 08:49 AM


Group: Member
Posts: 278

In reply to: leppard on Thursday 23/02/06 09:30am

If shares is your game,
Tell someone who give a ***t
at sharescene.com
  Forum: Off Topic Chat

leppard
Posted on: Feb 23 2006, 08:35 AM


Group: Member
Posts: 278

New all time intra day high!

Massive cup formed. Would expect a handle now, before onwards and upwards.

Who needs spec shares when you got a blue chip this good.
  Forum: By Share Code

leppard
Posted on: Feb 23 2006, 08:30 AM


Group: Member
Posts: 278

In reply to: madgoose on Thursday 23/02/06 09:11am

Sung to the Hoodoo Gurus song....

And another thing
I've been wondering lately
Oh, baby,
Tell me where have you been?

Like a talent scout
I'm always checking out new shares
Oh, I'd do good
If you tell me where to get my research.

What's my scene? Tell me I gotta know

Head to,
Head to,
Head to share....scene
Head to,
Head to,
Head to sharescene.com
  Forum: Off Topic Chat

leppard
Posted on: Feb 21 2006, 03:17 PM


Group: Member
Posts: 278

In reply to: Alexander on Tuesday 21/02/06 03:21pm

I very much doubt Murdoch said that in the context of the Australian market.

He may have been referring to the global market. He does own a US based global company remember. There is not billions to be made in the Australian market in local search its just too small, millions maybe but not billions. Trouble is most of the money will be made by the Big 3 - Google, Yahoo & MSN.

If it is billions here in oz, then how much can you make in the US/rest of the world? Trillions? Gazillions? Good grief wacko.gif

  Forum: By Share Code

leppard
Posted on: Feb 21 2006, 01:10 PM


Group: Member
Posts: 278

In reply to: leppard on Tuesday 21/02/06 02:02pm

I'll give them one thing, get the search site with enough users and google will make money for them.

Just Ask Jeeves.
  Forum: By Share Code

leppard
Posted on: Feb 21 2006, 01:02 PM


Group: Member
Posts: 278

In reply to: Alexander on Tuesday 21/02/06 01:13pm

Yes but there are no serious $$ to be made in Australia, because Google has over 50% market share! & 9MSN most of the rest, & don't forget Yahoo7 recently launched. All the above websites can search 'Australia only'.

Telstra (Sensis) bought the rights to use the Looksmart search engine & its Australian assets for $700k, that's about as much as they valued it at. Now sensis.com.au is a 'local only' search engine, that has the marketing clout of Telstra behind it and has probably got a handy lead in users over truelocal & ansearch? ANH is so far down in the pecking order its not funny. Doesn't take much to make top 37 hitwise, but you gotta be top 3 or 4 to make ANY money in this bizzo.

For 20M people, the search space is crowded in Australian already. I just can't see serious $$ made here in Australia only, if they go global then maybe.

Huge gamble at this mkt cap.
  Forum: By Share Code

leppard
Posted on: Feb 21 2006, 11:42 AM


Group: Member
Posts: 278

Let me get this right, they have 331M shares on issue, and 190M options exercisable at 10c by 30 June 2006?

So effectively there will be a massive dilution if the options are taken up, effectively limiting the price to 10c in the near future?

No thanks not touching this one. Everyone uses google. Then 9MSN. Then Yahoo. Who's even heard of ansearch?

Bye now, Lepp.
  Forum: By Share Code

leppard
Posted on: Feb 21 2006, 10:50 AM


Group: Member
Posts: 278

Can someone explain how this company is better than say Looksmart (an absolute dog of an internet company)?

ANH:
Made a loss of $8m in 2005

Net Asset value of $4m as at 30 Sept 05

Market Cap $30m ??!!

What's the expected loss/profit in 2006?

To my mind this stock is overvalued.
  Forum: By Share Code

leppard
Posted on: Feb 14 2006, 03:40 PM


Group: Member
Posts: 278

That's what I like to see, buyers falling over themselves to pick up stock on the close.
  Forum: By Share Code

leppard
Posted on: Feb 14 2006, 09:40 AM


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Posts: 278

In reply to: paufin on Tuesday 14/02/06 10:26am

About $35 a bottle.
  Forum: By Share Code

leppard
Posted on: Feb 13 2006, 02:25 PM


Group: Member
Posts: 278

Is this thing finally going to fall from the sky?
  Forum: By Share Code

leppard
Posted on: Feb 11 2006, 03:45 PM


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Posts: 278

In reply to: kura on Saturday 11/02/06 04:28pm

It reverts to their spouse or kids or family or whoever they elect.
  Forum: Investment Discussion

leppard
Posted on: Feb 10 2006, 08:26 AM


Group: Member
Posts: 278

QUOTE (krisbarry1 @ Friday 10/02/06 08:21am)

As wargfang said, the SP ain't going anywhere until independent research proves that your kit works!

If you want to gamble your money fine, but don't try telling anyone else this is a sure thing.

RBY might have bought the rights to a dud kit for all you know. If the success rate is not good enough no one will use it!

There is a reason WHO uses labs at present - they are confident that the test will be close to 100% correct.
  Forum: By Share Code

leppard
Posted on: Feb 8 2006, 09:04 PM


Group: Member
Posts: 278

In reply to: WannaGetRish on Wednesday 08/02/06 08:52pm

Boredom most likely. The delays with the Ovature trial possibly. The stock is so thinly traded its not hard for shorts to drive down the price in these circumstances.

Yeah the charts crap and could bottom out at 4.15 or 3.85. My monkey is waiting near the buy button ready to pounce wink.gif Although I have a small LT holding in case of surprises.

Just looked at the NVGN chart and the RSI is less than 30, oversold territory. I've never seen the RSI so low on this stock, so it may be due a turnaround around now.

Perhaps sentiment to the sector will return shortly and this stock will be rediscovered.
  Forum: By Share Code

leppard
Posted on: Feb 8 2006, 06:34 PM


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Posts: 278

In reply to: Vyking on Wednesday 08/02/06 07:19pm

Fundamentally you can't put a value on it other than guesstimates as they don't sell anything yet. It'll be extremely volatile because of this uncertainty of future revenues.

But it could be the next Cochlear.
  Forum: By Share Code

leppard
Posted on: Feb 8 2006, 04:13 PM


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Posts: 278

Long white candle on big volume, I'd say that says buy to any trader.
  Forum: By Share Code

leppard
Posted on: Feb 8 2006, 08:26 AM


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Posts: 278

Yes please. C'mon down.
  Forum: By Share Code

leppard
Posted on: Feb 7 2006, 09:02 AM


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Posts: 278

Another thing to consider, is there anything stopping VCR from suing HTW once they are producing and have a bit of cash behind them? Perhaps it was just dropped due to funds needed in other areas at this point in time.

You would think they could at least get a royalty agreement out of HTW if the patents were valid.
  Forum: By Share Code

leppard
Posted on: Feb 7 2006, 08:34 AM


Group: Member
Posts: 278

Anyone considered that HTW showed VCR exactly what evidence they were going to produce in court and VCR said oh bugger our patent doesn't cover this, lets just drop this case shall we?
  Forum: By Share Code

leppard
Posted on: Feb 6 2006, 09:56 AM


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Posts: 278

Keep going baby, what a star performer. $50 here we come.
  Forum: By Share Code

leppard
Posted on: Feb 6 2006, 08:32 AM


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Posts: 278

I think you'll find the patriotic US market will be tough to crack. 4 hours will be quick enough for most.

CDC subsidising these test kits means no potential sales for RBY in the USA. That's all.

Don't worry you've got the whole of Asia and Europe to sell to.
  Forum: By Share Code

leppard
Posted on: Feb 6 2006, 07:50 AM


Group: Member
Posts: 278

This is latest news this morning wouldn't this impact negatively on RBY?

http://www.foxnews.com/story/0,2933,183780,00.html
  Forum: By Share Code

leppard
Posted on: Feb 2 2006, 08:16 AM


Group: Member
Posts: 278

QUOTE (tibbs @ Wednesday 01/02/06 12:12am)

Tibbs that strategy but would only work if you're a full time trader. If you have more than 10% income from salaries then can't claim the deduction. Don't forget it gets taxed 15% on the way into the superfund. Also the super deduction is only 75% above $5000. So it doesn't save too much in the end, except the super fund pays some of the tax. Might actually end up to be more tax paid after you take the money out of super. But the super account would be bumped up significantly which is very good. Best to see a good accountant me thinks Tradem, assuming you sold some.

PDN down 10% on TSX, only to bounce back up to $3 to be only 1.6% down. Should be an interesting day.
  Forum: By Share Code

leppard
Posted on: Feb 1 2006, 02:39 PM


Group: Member
Posts: 278

In reply to: Livas1 on Wednesday 01/02/06 03:19pm

I'd do a chart read for you LC, but you know my thoughts on the stock.
I doubt very much its something to get excited about and will probably rebound downwards off that trendline. Probably after another disappointing earnings call.
  Forum: Investment Discussion

leppard
Posted on: Jan 19 2006, 01:22 PM


Group: Member
Posts: 278

In reply to: fatty on Thursday 19/01/06 02:11pm

I was a customer.
Worst. Service. Ever.
Worse than AAPT.
And that was really bad.
  Forum: By Share Code

leppard
Posted on: Jan 19 2006, 12:53 PM


Group: Member
Posts: 278

In reply to: marghasyow on Thursday 19/01/06 01:40pm

So show us your chart. No need for a personal attack.
His chart is perfectly acceptable. Kudos for the effort.
Yours may be acceptable too.
TA is an art not a science.
There's bound to be differing opinions.
  Forum: By Share Code

leppard
Posted on: Jan 19 2006, 12:38 PM


Group: Member
Posts: 278

In reply to: dory on Thursday 19/01/06 01:08pm

I'll back up Dory, I like to see charts, not the same old articles rehashed.

Its a good chart Dory. Keep posting em.

Both Fundamental & Technical Analysis are valid forms of stock selection and exit. I wouldn't rubbish either. A combination of the two is preferable if you ask me.
  Forum: By Share Code

leppard
Posted on: Jan 17 2006, 07:18 AM


Group: Member
Posts: 278

I only analyse the NRT chart, it's still respecting the bottom range of my long term 10 yr chart, and I'd expect it to turn from here. It does appear to be range trading within a (bullish?) wedge shaped formation. It could range trade for a while yet (months? years?). Probably needs PXD commercialisation news to breakout above and beyond 6.00. Agreed there is a risk of a downside break on lack of news/delays. NRT is a long term play, my short term trading cash is out chasing other opportunities, and there are plenty at the moment.
  Forum: By Share Code

leppard
Posted on: Jan 16 2006, 09:50 PM


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Posts: 278

In reply to: fitzie on Monday 16/01/06 09:46pm

4.65 is the bottom of this range, should hold I reckon, largish volume today and not down much. I'd be worried if it got to 4.50 as 3.95 would be more likely than not.
  Forum: By Share Code

leppard
Posted on: Jan 12 2006, 11:24 AM


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Posts: 278

Merrill Lynch Ups CSL Estimates

Wednesday, January 11, 2006 6:55:52 PM ET
Dow Jones Newswires

0931 [Dow Jones] STOCK CALL: Merrill Lynch increases net profit estimates for CSL (CSL.AU) - by 2% to A$322.1 million for FY06, by 2.4% to A$371.6 million for FY07, by 3% to A$425.6 million for FY08 - on improved confidence in CSL's plasma products group after Vivaglobin approval in U.S. Merrill keeps Buy call, lifts DCF valuation to A$49.51/share, 12-month price objective to A$50.00. "CSL remains one of our preferred exposures in 2006." CSL last A$43.35. (BBA)

  Forum: By Share Code

leppard
Posted on: Jan 10 2006, 01:11 PM


Group: Member
Posts: 278

In reply to: SCD on Tuesday 10/01/06 01:46pm

QUOTE
The sellers to day are betting on the fact that Avian Bird Flu will never amount to anything


Bollocks, the sellers are traders. Blind freddy could see it was going down on any weakness this morning. It had a good run. Don't underestimate how many traders are in this stock at any one time. Hence the rollercoaster share price.
  Forum: By Share Code

leppard
Posted on: Jan 10 2006, 12:37 PM


Group: Member
Posts: 278

In reply to: malyut12 on Tuesday 10/01/06 01:14pm

There's been profit taking all day! Looking for a re-entry a bit lower, not here.
  Forum: By Share Code

leppard
Posted on: Jan 10 2006, 08:42 AM


Group: Member
Posts: 278

Is there any chance you could try to get Bill Wormald to the book club to talk about his latest book "Trends & Tripwires 2" ?
  Forum: Off Topic Chat

leppard
Posted on: Jan 9 2006, 05:32 PM


Group: Member
Posts: 278

A man walked into a restaurant with a full-grown ostrich behind him. The waitress asked them for their orders. The man said, "A hamburger, fries and a coke," and turned to the ostrich, "What's yours?" "I'll have the same," said the ostrich. A short time later the waitress returned with the order. "That will be $9.40 please," and the man reached into his pocket and pulled out the exact change for payment. The next day, the man and the ostrich came again and the man said, "A hamburger, fries and a coke." The ostrich said, "I'll have the same." Again the man reached into his pocket and paid with exact change. This became routine until the two entered again. "The usual?" asked the waitress. "No, this is Friday night, so I will have a steak, baked potato and a salad," said the man. "Same," said the ostrich. Shortly the waitress brought the order and said, "That will be $32.62." Once again the man pulled the exact change out of his pocket and placed it on the table. The waitress couldn't hold back her curiosity any longer. "Excuse me, sir. How do you manage to always come up with the exact change in your pocket every time?" "Well," said the man, "several years ago I was cleaning the attic and found an old lamp. When I rubbed it, a Genie appeared and offered me two wishes. My first wish was that if I ever had to pay for anything, I would just put my hand in my pocket and the right amout of money would always be there." "That's brilliant!" said the waitress. "Most people would ask for a million dollars or something, but you'll always be as rich as you want for as long as you live!" "That's right. Whether it's a gallon of milk or a Rolls Royce, the exact money is always there," said the man. The waitress asked, "What's with the ostrich?" The man sighed, paused and answered, "My second wish was for a tall chick with a big ass and long legs who agrees with everything I say."
  Forum: Off Topic Chat

leppard
Posted on: Jan 5 2006, 08:42 AM


Group: Member
Posts: 278

MDB who? Hardly a major broking house. When Raffa says buy then I'd take notice.

How good have I been to you guys, I tell you when its overvalued and you should sell, I tell you the possible bounce points. Maybe I should trade this dog laughingsmiley.gif

Might retest US3.80 before moving on. Might even hold 3.90. Not that anyone cares.

Needless to say I do not hold, & remember the opinions on this board are worth what you paid for them, zack.

ps this is the last you'll hear from me (on LOK board). Good luck guys & a prosperous year.
  Forum: By Share Code

leppard
Posted on: Jan 4 2006, 03:40 PM


Group: Member
Posts: 278

umpiring decisions have been shocking in this test.
so many decisions going against the aussies its not funny its like its a backlash against us.

how billy bowden is international standard is beyond me. the guy is deaf as well as blind. he didn't give a clear caught behind on day 1. refuses to give lbws. his performance in the ashes was woeful and he is continuing on his poor form this test. Dar is just as bad.

rant over grrr.gif
  Forum: Off Topic Chat

leppard
Posted on: Dec 15 2005, 08:37 AM


Group: Member
Posts: 278

Nice volatility.
Looks like US traders playing with the stock like a rag doll if you ask me.

That announcement doesn't warrant such a rise, the company didn't even quantify the amount of money they will make (if any) from the deal. Maybe $1m, $2m per year?

As I said, the valuation = between book value & a ceiling of $US100m mkt cap. That's a fair bit of trading range for you.

Above US4.09 = bullish
Below US4.09 should see support at US3.80, & possibly US 3.70.
Below US3.30 = bearish, sell.

Of course I did only spend 10 seconds working this out, so don't quote me on those tongue.gif

HighReturns, its untradeable on the ASX these days so stay well clear. Liquidity is shocking.

If you're lucky enough to have a US trading account then good luck.
  Forum: By Share Code

leppard
Posted on: Dec 13 2005, 07:13 AM


Group: Member
Posts: 278

Here you go, monthly chart as of Friday.
Attached image(s)
Attached Image

 
  Forum: By Share Code

leppard
Posted on: Dec 9 2005, 07:09 AM


Group: Member
Posts: 278

In reply to: LookingConfident on Tuesday 06/12/05 04:03pm

Saffa is a good analyst, listen to him. By the way, what's his valuation?

US$3.51 next target seeing as 3.80 failed miserably, but more likely just above US$3.30.
  Forum: By Share Code

leppard
Posted on: Dec 8 2005, 02:17 PM


Group: Member
Posts: 278

I'll post an update of the long term chart on the weekend for those that are interested.

Obviously short sharp rallys punctuated by news seem to be the go with this stock, with accumulation during the dips & quiet times in preparation for the next rally (sometimes a long time between drinks). Frustrating I know.
  Forum: By Share Code

leppard
Posted on: Dec 5 2005, 07:07 AM


Group: Member
Posts: 278

(Sigh) I thought so, nothing of substance (money) to back up your claims.

I hate to say but internet companies are valued just the same as other companies these days. No silly valuations anymore. Don't get your hopes up on "what happened last time". No one likes being burnt twice, the market is much more reasonable in its pricing these days.

FYI on that valuation ($30), the company would have to be making $30-50m profit per year. Depends on what PE ratio you use. That's $10m per quarter, one hell of a turnaround. Personally, I can't see the company making that sort of money in the next couple of years, not with the numbers you've thrown up below. Maybe later, if you're patient, and the company's bets on its new business model (version 9) pay off. I wish you all the best to anyone that holds.

If you are devoting time to investing, it makes sense to know a bit about fundamental analysis.

Recommended reading:
The Intelligent Investor, Benjamin Graham
Analysing company accounts, Martin Roth.
One up on wall street, Peter Lynch

Free Lynch saying for you: Buying a company with mediocre prospects just because it is cheap is a losing technique.

To me, makes greater sense waiting for a turnaround to happen (at least 6 months away), assessing the speed of the growth then, and then making the investment. You may miss a bit of gain, but you still get most of it and its much safer bet. It makes no sense to me whatsover to buy now, especially when the rest of the market is going gangbusters.

Best bet is to keep it on watch. I would refuse to buy a mediocre company, and that's exactly what it still looks like.

Cheers, Lepp.
  Forum: By Share Code

leppard
Posted on: Dec 4 2005, 12:37 PM


Group: Member
Posts: 278

You reckon this will get to $30 per share? laughingsmiley.gif
Pardon me, but where did you get this pie in the sky figure from?
That's over $US500m market cap.

Do you have any idea what a company valued at that much should be making per year in profit?

Do you have any idea how much profit your licencing deals and whatever else you think
LOOK is doing, are going to rake in per year? Not revenue - profit.

If so, please post here. You always seem to be posting stuff, but never seem to quantify anything in your arguments to back up your claims. Show me the money.


  Forum: By Share Code

leppard
Posted on: Dec 2 2005, 10:30 AM


Group: Member
Posts: 278

In reply to: LookingConfident on Friday 02/12/05 10:12am

LC It was a joke, that's what you said laughingsmiley.gif

Look, I'm sure LOOK might be good value at its book value if you have the patience and you're convinced they've stopped the rot (ie. the loss making).

Its obvious LC you want this to succeed sooner rather than later, due to the amount of stock you hold in relation to your whole portfolio.

You can't rush the market. No matter how much you think the rest of the market it is ill informed, you can't deny that they alone set the price of the company, what its worth. As I've explained and the majority of commentators and analysts would agree that LOOK is trying its darnest to turnaround, reinvent itself after the horrific loss of its major customer, but they are yet to be convinced (neither am I). Once they post some half decent results they may reconsider. & for this quarter a 5% increase in revenue is not half decent, its a seasonal variance. Until then its range bound around book value up to around 20m on top of book value. And as for takeover, $100m is the max any predator would pay for this company based on its current performance. You can't use the Ask Jeeves argument, that its worth way more than that, as you know they were actually making money not losing it.

i'll keep a watch - in case it ever becomes a trading stock again. but at the moment there's just no blue sky sadly so no ones interested.

IMHO. Cheers Lepp.
  Forum: By Share Code

leppard
Posted on: Dec 2 2005, 07:36 AM


Group: Member
Posts: 278

In reply to: LookingConfident on Thursday 01/12/05 08:26am

QUOTE
May very well present a good buying opportunity, Leppard?? If it does so ... I'm not so sure... smile.gif


Yes I'm not so sure it will be a good buying opportunity at that level either. wink.gif
  Forum: By Share Code

leppard
Posted on: Dec 1 2005, 07:00 AM


Group: Member
Posts: 278

chart is finally breaking down as suspected with a target of 3.80 (on the nasdaq).

cheers, lepp.
  Forum: By Share Code

leppard
Posted on: Nov 29 2005, 09:03 AM


Group: Member
Posts: 278

QUOTE (kosmo @ Tuesday 29/11/05 09:51am)

kosmo's right you don't get broker codes with iress unless you are a broker. if you can pls show me how wink.gif
  Forum: Off Topic Chat

leppard
Posted on: Nov 24 2005, 08:56 AM


Group: Member
Posts: 278

I'm not complaining, it provided the perfect opportunity to reenter.

Could get interesting, with the US off for thanksgiving and all, and our market showing a possible reversal on a spinning top/doji.

Couple of strange at market trades yesterday. Bit of patience the buyers would have got em cheaper.

Not a time to be out of this stock methinks, although you never know, could go to 5.00 as easily as it could go to 6.00 again.
  Forum: By Share Code

leppard
Posted on: Nov 23 2005, 10:42 AM


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Posts: 278

wow this former good story looks like one sick puppy.
  Forum: By Share Code

leppard
Posted on: Nov 18 2005, 11:03 PM


Group: Member
Posts: 278

Mate, I don't buy and hold, I trade.
Fact is you can't trade LOK, 1455 volume today, what's that $6k?
So lets if we buy 6k of LOK today what's it worth in 6 months?
I think I'll try my luck on the rest of the stock mkt thx.
  Forum: By Share Code

leppard
Posted on: Nov 18 2005, 02:56 PM


Group: Member
Posts: 278

Looks like it'll need to regroup for another assault on 6.00 next week.
  Forum: By Share Code

leppard
Posted on: Nov 18 2005, 08:37 AM


Group: Member
Posts: 278

Your posts are exceedingly long. I could not be bothered reading it. Sorry. If you were more succinct, perhaps I would. Regurgitating puke.gif articles ad nauseum does not make for light reading.

I know this:

1. The company makes losses.
2. It is overvalued (again) for a company that makes losses.
3. They are trying to turn the company around, but are still making losses.
4. Current TA suggests the SP to be overbought.

LOK is an unacceptably high risk speculative play, full of if's and but's and could of's and should of's. They are banking their company on this latest verticals thing. I certainly wouldn't bank my house on them. Not investment grade in the least.

There are far better plays in the market, internet, resources, biotech etc. than this one.

ps. I am sorry to be so blunt, but thats my opinion. I call it as I see it.
  Forum: By Share Code

leppard
Posted on: Nov 18 2005, 06:24 AM


Group: Member
Posts: 278

Yeah well I have a gut feel you're wrong. MACD now signals sell on this one. I'd be careful if you own LOK shares, no one to sell to liquidity is non existant. Some support at US4.00, almost certainly going back down to this level.
  Forum: By Share Code

leppard
Posted on: Nov 17 2005, 08:20 AM


Group: Member
Posts: 278

You've mistakenly posted this here, the code for News Corp is NWS.
  Forum: By Share Code

leppard
Posted on: Nov 16 2005, 11:14 AM


Group: Member
Posts: 278

all aboard? we're moving.

some nice comments in those abstracts below.
  Forum: By Share Code

leppard
Posted on: Nov 16 2005, 08:20 AM


Group: Member
Posts: 278

In reply to: madhun on Tuesday 15/11/05 07:05pm

QUOTE
i discovered family friends, with 3 brothers and a sister all in medicine, also had no clue about it.


When speaking to your GP and medical siblings you will need to say the techo name Zanamivir, not relenza they generally won't have a clue what the commercial general public name is unless they are used to prescribing it.

ps. great fun trading this stock, most of the time wink.gif
  Forum: By Share Code

leppard
Posted on: Nov 11 2005, 05:57 PM


Group: Member
Posts: 278

In reply to: forevertold on Friday 11/11/05 06:35pm

There always NRT, the ASX's biggest bio.

In last weeks Sun Herald...
The Investor section 'Portfolio Peek'heading read 'NOVOGEN SHARES SET FOR A MAJOR SURGE'. The 'guest' contributor being Tony Lewis who runs fixed interest and bond specialists Tony Lewis Securities (but he doesen't mind shares) the article adds. Question. What's your No.1 financial tip? Answer. Buy Novogen shares - after it announced it had reversed ovarian cancer the shares should have gone to $100 but fell instead due to one US biotech fund reducing all exposures. After the world realises these results the share price should jump.

Up 10% this week.

ps - sure he's talking about the Nasdaq traded NVGN which is $19 at present.
  Forum: Investment Discussion

leppard
Posted on: Nov 8 2005, 10:26 AM


Group: Member
Posts: 278

Resistance is 5.39... if that's well and truly broken I can't see anything stopping it getting to 6.00...although a news release usually kills these runs ironically. Few sitting at a really old level of 5.50, more psychological round number thing than anything else rolleyes.gif
  Forum: By Share Code

leppard
Posted on: Nov 7 2005, 08:59 AM


Group: Member
Posts: 278

could see a break of 5.00 here this morn, whats news?
  Forum: By Share Code

leppard
Posted on: Oct 28 2005, 03:58 PM


Group: Member
Posts: 278

In reply to: LookingConfident on Friday 28/10/05 12:36pm

what, don't you have a sense of humour laughingsmiley.gif
i thought the mark was harsh but fair
i had a quick look, its interesting but you have no traffic
only have four words for you - show me the money
no traffic no moola
all very well to build a site but people gotta use it
it may happen but it won't happen overnight
in the meantime - the shareprice will still languish around these levels imo.
best of luck sincerely, you gonna need patience to make profits on this one.
  Forum: By Share Code

leppard
Posted on: Oct 28 2005, 09:46 AM


Group: Member
Posts: 278

In reply to: Gofish1 on Friday 28/10/05 10:36am

At least they've finally told the truth! Nice sledge too, directed at L'Oreal perhaps?

Good to see they didn't sell out to them at least, but honestly this should already be licenced to someone and a product out there in the market by now.
  Forum: By Share Code

leppard
Posted on: Oct 28 2005, 09:02 AM


Group: Member
Posts: 278

Comments:
Ordinary result.
Below par guidance.
Continued mediocrity.

Grade: D - Look Smart has shown himself to be a slightly improved student this quarter, after being despondant and withdrawn and basically losing the plot over the last two years, but his results are still well below other students in his class. Needs to try harder, and percevere knowing that his efforts now may take some time to come to fruition.

  Forum: By Share Code

leppard
Posted on: Oct 27 2005, 11:27 AM


Group: Member
Posts: 278

In reply to: LookingConfident on Thursday 27/10/05 10:00am

who cares about stock splits the real q are

a) will the stock still be listed
b) will they beat earnings estimates.
c) will guidance be increased

if answer to any is no, look out below.
oh & they have a history of dissappointing the street.
did you see how they punished amazon yesterday for poor results.

good luck.
  Forum: By Share Code

leppard
Posted on: Oct 25 2005, 10:20 AM


Group: Member
Posts: 278

How long before the media writes this up? Would be nice to have some publicity for a change. C'mon baby, just need 5.00 broken and she'll run hard.

This is why we buy in the quiet times, nice announcement NRT.
  Forum: By Share Code

leppard
Posted on: Sep 20 2005, 09:58 AM


Group: Member
Posts: 278

Actually I don't mind the gray now, easier to see the greens and reds.

Would be nice if they just had a toggle switch between the two wink.gif
  Forum: Off Topic Chat

leppard
Posted on: Sep 20 2005, 09:39 AM


Group: Member
Posts: 278

Anyone else lost their blue screen with AOT/Comsec?

Its all gray now...I'm suffering withdrawal symptoms already...not happy jan mad.gif

Mind you I can get used to it
  Forum: Off Topic Chat

leppard
Posted on: Sep 17 2005, 02:33 PM


Group: Member
Posts: 278

In reply to: leppard on Friday 16/09/05 06:13pm

Monthly NRT chart for TA lovers - interesting battle, the bulls want this to continue on the uptrend, the bears would love this to drop right back to the lower trendline down at 3.00.

I'd feel more comfortable with a trade if it overcomes resistance at 5.10 (200 day sma), might go on a good run if this could be overcome.
Attached image(s)
Attached Image

 
  Forum: By Share Code

leppard
Posted on: Sep 16 2005, 05:13 PM


Group: Member
Posts: 278

Nah angus its just here in oz. Every quarter the SPI futures expire, and there is an 'orderly' disposal of old positions & purchase of new positions. The SPI is a future on the ASX share price index.
  Forum: By Share Code

leppard
Posted on: Sep 16 2005, 09:45 AM


Group: Member
Posts: 278

In reply to: wolverine on Friday 16/09/05 10:19am

More importantly, a new CEO appointed former Placer Dome CEO Arthur Hood.

I like this stock, purely on a TA basis. I am clueless when it comes to resources, but I'm willing to give this one a go, bought this back at 1.38 and have been happy with the run to date. Seems very bulllish.

Technically, I reckon she can keep going, but can I ask - fundamentally, is this baby sound?

  Forum: By Share Code

leppard
Posted on: Sep 15 2005, 09:38 AM


Group: Member
Posts: 278

Futures expiry today, don't be alarmed by the size of the orders this morning.
  Forum: By Share Code

leppard
Posted on: Sep 14 2005, 09:38 AM


Group: Member
Posts: 278

well well it seems i need to eat humble pie.
a credible breakout above resistance of US73c and then US85c.
the fib ratios say target US1.37.
Don't get too excited though - fundamentals say no hope in hell of reaching that.
Best of luck. No liquidity in oz so I wouldn't bother trading LOK on the ASX, too risky. Sizable trades are near impossible. If you're gonna trade this, have to use the nasdaq.
(why? if it goes down, you may have no one to sell to and you could be stuck with unsellable stock)
  Forum: By Share Code

leppard
Posted on: Sep 13 2005, 02:31 PM


Group: Member
Posts: 278

In reply to: PeterH on Monday 12/09/05 04:53pm

Hi Peter

I notice you mentioned Peter Lynch, I'm assuming you've read his books. What do you think of his concepts, do you agree or disagree with his approach? I've started reading his book "one up on wall street" and was wondering if your book is of a similar vein. If so I'd be keen to buy.
  Forum: Investment Discussion

leppard
Posted on: Sep 13 2005, 11:34 AM


Group: Member
Posts: 278

well you can say goodbye to that 47275 parcel, swallowed whole.

announcement out glycotex news as mentioned below.

i do hope NRT retains a significant stake in the company, this could be an excellent moneyspinner of a product.
  Forum: By Share Code

leppard
Posted on: Sep 12 2005, 01:59 PM


Group: Member
Posts: 278

In reply to: LookingConfident on Saturday 10/09/05 07:44pm

The only way the share price is getting to $3 ever again is if you do a 1:4 reverse share split. Which may happen shortly to avoid being delisted from the nasdaq.

News/Look does not make sense IMO.
People should note this is pure hopeful straw-clutching speculation.

ps. If News (or anyone else) was on the register you'd know about it by now via a substantial interest notice.

pps. Thornley & Ellery do not own a controlling interest, far from it they only own around 10% these days. They couldn't give two hoots how looksmart is run, having given up on it years ago.
  Forum: By Share Code

leppard
Posted on: Sep 2 2005, 09:59 AM


Group: Member
Posts: 278

QUOTE (LookingConfident @ Tuesday 30/08/05 05:42pm)

LC, you know I don't post for the sake of bashing this stock. I made quite good money on it in its heyday. So I don't know why you continue to refute my concerns about this stock. I am merely doing this as a public service announcement, other than that I have no interest in this stock. It riles me a bit your posts as they border on ramping sometimes. Hence why I continue to post.

Back to the debate.

I am not kidding when I say scraps.

Compared to the "big" money of PPC, licencing your technology IS getting scraps.

Are you going to sit here and tell me that advertisers are now flocking to looksmart in droves? The way I see it, less and less advertisers will be using looksmart for PPC (which is still your leading source of revenue) and as a result looksmart get less and less revenue and become less and less of a profit generating prospect. With Ask Jeeves clambouring into an already crowded PPC market you are getting less and less of the pie. That's why I said I hope you arranged a really good deal with them to leverage yourself to their success. Otherwise you're... umm, how do I put it nicely... stuffed.

Unless you can tell me you have an "exclusive" PPC deal with a major, some sort of magic bullet, I can tell you there is no way looksmart will see some sort of meteoric rise that ask jeeves experienced.

eg Viacom... are LOOK advertisers going to appear on these new sites? Or is it Yahoo Overture? The latter seems more likely.

And I am not kidding when I say $US1 per share is the best you can hope for for a buyout price. Go back over my posts on valuations, back in Jan. Read them carefully.

Kind Regards, Leppard
  Forum: By Share Code

leppard
Posted on: Sep 2 2005, 09:22 AM


Group: Member
Posts: 278

Almost time to buy again I'd say?
Been quite boring from a trading perspective, I've been waiting patiently.
Someone's holding NRT down for a reason, seems a bit fishy to me.
Must be due for a run soon. Surely wink.gif
  Forum: By Share Code

leppard
Posted on: Aug 30 2005, 04:20 PM


Group: Member
Posts: 278

QUOTE (LookingConfident @ Tuesday 30/08/05 09:50am)

So Look licensed out some technology. Hardly megabucks now is it. Few million a year I'm guessing. Not much, seeing as they haven't bothered to announce anything.

Now lets see, who are the advertisers paying per click on IAC websites, that'd be Ask Jeeves. And on Viacom's websites, hmmm that'd be yahoo. That's where the bulk of the money is going.

The scraps get thrown on the floor and that's all LOOK gets. Quite appropriate seeing as its a dog of a stock.

Lok may be fair value around these levels but it ain't worth any more than that. All these 'new and exciting developments' are not going to affect the share price. Not unless it can make that magic word... wait for it... profits!
  Forum: By Share Code

leppard
Posted on: Aug 26 2005, 12:05 PM


Group: Member
Posts: 278

For the record...

Support 66c
Resistance 73c.

<yawn> Tea leaf reading is more exciting than this stock. I've seen grass grow quicker.

LC you're always saying it will "rise strongly". You're bound to be right at some stage graduated.gif

More likely to be right here, as at least LOOK's market cap is roughly equal to its net asset value.

The best LOOK can hope for is someone buys the company for a buck a share.
  Forum: By Share Code

leppard
Posted on: Aug 19 2005, 10:16 AM


Group: Member
Posts: 278

Hey good for you guys the sp is going up. Guess those buyout rumours didn't do you any harm after all. I would still remain cautious if I were you. Can't escape the fact that company revenue is still falling and it is making large losses each quarter.

Just a question for you... don't you think now that ask jeeves has set up a rival PPC, that your revenue is going to fall further as advertisers move from look to askj? Hope you've stitched up a good deal with them or you'll be further squeezed out of the market.
  Forum: By Share Code

leppard
Posted on: Aug 19 2005, 09:42 AM


Group: Member
Posts: 278

Volume spike in US, over 100k traded @ 18.60? ohmy.gif ... any ideas who's buying? I've got my suspicions. ph34r.gif
  Forum: By Share Code

leppard
Posted on: Aug 16 2005, 04:01 PM


Group: Member
Posts: 278

Geez this Josiah dude ain't shy when it comes to buying shares is he. Another $4m plus added since November.

Nice to see you again Andy, yes I'm watching closely though MSHL doensn't have that much correlation to NVGN so why worry. Not much action here at NRT to speak about, therefore haven't had much to say. Be nice if it broke 5.20 and went for a run.
  Forum: By Share Code

leppard
Posted on: Aug 15 2005, 09:52 PM


Group: Member
Posts: 278

See, whadidi tellya? If you guys would only listen to me, have I been wrong on a call in last 6 months or so? Sorry, I did kinda wish for you guys sake it was Look. sad.gif

News Corp In Talks To Buy Search Engine Blinkx - Paper
NEW YORK (Dow Jones)--News Corp. (NWS) is in negotiations to buy Blinkx, a privately held Internet search company based in San Francisco, according to people close to the world's fourth-largest media giant, The Los Angeles Times reported in its Monday editions.

Last week, during News Corp.'s earnings announcement, Chairman and Chief Executive Rupert Murdoch said the company was prepared to spend as much as $2 billion on Internet acquisitions. He acknowledged that the company was in advanced negotiations to acquire a search engine, but did not disclose its name. The Times reports that some News Corp. sources said the talks weren't quite as advanced as Murdoch suggested last week and could still break down.

  Forum: By Share Code

leppard
Posted on: Aug 15 2005, 01:39 PM


Group: Member
Posts: 278

"Tell him he's dreaming..."

I hate to put the final nail in the coffin of this news rumour, but just say Look were the intended target just WHOM are they going to purchase this controlling interest FROM?

ET? Doesn't have a controlling interest.
Fund managers? possible but not likely.
Issue of shares? would severely dilute your holding
On market? no way

I'm afraid the search engine will most likely be a privately (or closely) held company or a company that is already 100% owned by another company.

Cheers
Leppard
  Forum: By Share Code

leppard
Posted on: Aug 14 2005, 06:01 PM


Group: Member
Posts: 278

And your post explains what looksmart does so succintly tongue.gif ...please...

I think your 'large holding' in this stock is biasing your opinion, as an independent observer my opinion is that news would not be interested. The wording "wonderful little search engine" does not describe your stock. I beg do differ from your opinion ... boards thrive on such opposing opinions, helps other readers get both sides of the story.

I'd like to think I'm the voice of reason, you'd like to think you're the bearer of good tidings. We will agreee to disagree on this one.

If you care to enlighten me in simple terms what look does these days that is such a fantastic money spinner I'd be happy to hear. Please, no regurgitated puke.gif articles or yahoo posts, I don't have the patience nor time to read them. A simple summary in your own words please.

Cheers and good luck
Lepp
  Forum: By Share Code

leppard
Posted on: Aug 13 2005, 01:48 PM


Group: Member
Posts: 278

The suggestion is laughable.
In the old days just the suggestion of this sort of rumour would have sent LOOK flying 20% (remember the mythical AOL contract?). Its up one cent.
Looksmart are no longer a "wonderful" search engine. Haven't been for years. You have to pay to get in. They are a pay per click directory.
Looksmart bought wisenut for $9m.
Sensis bought the Australian looksmart "search engine" & its Australian assets for under $5m. How much do you reckon anyone else would pay for the rest of it?
Crikey. wacko.gif
  Forum: By Share Code

leppard
Posted on: Aug 12 2005, 09:00 AM


Group: Member
Posts: 278

In reply to: LookingConfident on Friday 12/08/05 01:09am

Don't know don't care. Whoever they are partnered with they aren't getting enough money to make a profit, and won't be making a profit anytime soon. Whatever "deals" were struck are obviously not Microsoft size or even Lycos sized enough to bother reporting because they ain't getting much money from them. Hey I hope for all shareholders sake they do, but I'm not hanging around to find out. At least you don't have much risk of losing any more money, I can't see it breaking out either. At 50c I might have a fling wink.gif

Even if IF someone buys out look, it will be at fair value. It is currently at fair value, so where is the potential to make any money? You cannot value this company at any more than current value, if the assets have no profit making potential.

Honestly, review the financials of REA over last two years to see what a proper, profitable internet based turnaround story looks like.

As for LOOK, show me the money! thumbdown.gif
  Forum: By Share Code

leppard
Posted on: Aug 11 2005, 10:10 PM


Group: Member
Posts: 278

In reply to: LookingConfident on Thursday 11/08/05 04:37pm

QUOTE
Mr. Murdoch said the company is "in very advanced negotiations to buy a controlling interest in what we think is a wonderful search engine


You're not seriously entertaining the possibility that Looksmart might be that company?
News Corp only buy profitable companies I assure you they would have nothing to do with this loss leader. Murdoch is not a fool. He'd be a laughing stock if he did.

REA was a very astute buy. Now there's an internet stock turnaround story you should have been riding. I was thinking of getting on it at 80c and I'm still kicking my backside. grrr.gif
  Forum: By Share Code

leppard
Posted on: Jul 27 2005, 04:38 PM


Group: Member
Posts: 278

In reply to: Oavde on Wednesday 27/07/05 05:30pm

I think the correct term for the candle is Marubozu .... or bozo for short biggrin.gif
  Forum: By Share Code

leppard
Posted on: Jul 27 2005, 09:57 AM


Group: Member
Posts: 278

Yes, even on a normal chart the long term uptrend line (drawn from inception date) intersected around 4.75 to 4.80 as well which made the signal even stronger. I'd draw a chart & post it except but I'm not a techo and am too lazy to learn how.

Well it broke resistance on good volume yesterday, see what it can do today.
  Forum: By Share Code

leppard
Posted on: Jul 26 2005, 10:38 PM


Group: Member
Posts: 278

Go LOK Go! biggrin.gif

Ahh it was fun to say that back in the good ole days, back when 5 mil turnover was a slow day! Fact is now they might as well close down trading on ASX, hardly any liquidity.

Seems the big players are just getting richer/bigger and the small players are getting smaller/poorer feeding off the scraps. Unfortunately unless you're a big media company, or goggle, yahoo or MSN, you just ain't making much money in this game.

Course you never know, all it takes is to invent somethin everyone wants (eg ipod) and boom you're back in the big bucks.

Best of luck LC.

I hope they turn a profit for ya wink.gif
  Forum: By Share Code

leppard
Posted on: Jul 25 2005, 10:09 AM


Group: Member
Posts: 278

For TA watchers, this is my take. 4.79 is midpoint of 5 yr high and low. Not all that significant but interesting. Trendline drawn connecting lows of around 4.35, 4.42 & 4.65 seems to intersect around 4.75? Possible support.

Might be worth a long, but resistance is at 4.98 which it had a couple of goes at and couldn't get through. Safer to wait until 4.98 is broken. All the best.
  Forum: By Share Code

leppard
Posted on: Jul 21 2005, 12:08 PM


Group: Member
Posts: 278

Anyone else drawn a down trend line from the highs of 2.20 on 16/11 & 1.99 on 4/2?

Breakout above this trendline would be significant me thinks. Looks like about its about 1.54/1.56 on my crappy webiress chart.

Worth watching anyways.
  Forum: By Share Code

leppard
Posted on: Jul 19 2005, 11:19 AM


Group: Member
Posts: 278

A lawyer married a woman who had previously divorced ten husbands.

On their wedding night, she told her new husband, "Please be gentle, I'm still a virgin."

"What?" said the puzzled groom.

"How can that be if you've been married ten times?"

"Well, Husband #1 was a sales representative: he kept telling me how great it was going to be.

Husband #2 was in software services: he was never really sure how it was supposed to function, but he said he'd look into it and get back to me.

Husband #3 was from field services: he said everything checked out diagnostically but he just couldn't get the system up.

Husband #4 was in telemarketing: even though he knew he had the order, he didn't know when he would be able to deliver.

Husband #5 was an engineer: he understood the basic process but wanted three years to research, implement, and design a new state-of-the-art method.

Husband #6 was from finance and administration: he thought he knew how, but he wasn't sure whether it was his job or not.

Husband #7 was in marketing: although he had a nice product, he was never sure how to position it.

Husband #8 was a psychologist: all he ever did was talk about it.

Husband #9 was a gynecologist: all he did was look at it.

Husband #10 was a stamp collector: all he ever did was... God! I miss him! But now that I've married you, I'm really excited!"

"Good," said the new husband, "but, why?"

"You're a lawyer. This time I know I'm gonna get screwed!"
  Forum: Off Topic Chat

leppard
Posted on: Jul 12 2005, 09:34 AM


Group: Member
Posts: 278

In reply to: FLOYD2 on Monday 11/07/05 02:39pm

Could be available for prescription within 2 or 3 years according to this SMH article.
No competitors, first to market. Sounds good to me.

smh

Damn it no rally oh well will have to wait patiently. Guess wound healing drugs not as exciting as cancer drugs.
  Forum: By Share Code

leppard
Posted on: Jul 5 2005, 05:05 PM


Group: Member
Posts: 278

Well what do you know, 1st July comes and the selling stops and a good rise to boot.

Glucoprime announcement anyone?
  Forum: By Share Code

leppard
Posted on: Jun 30 2005, 09:58 AM


Group: Member
Posts: 278

Broken the run of 11 down days in a row, up slightly (1.85%) in the states. Equivalent NRT price is 4.85.
  Forum: By Share Code

leppard
Posted on: Jun 28 2005, 07:02 PM


Group: Member
Posts: 278

In reply to: sam22_99 on Tuesday 28/06/05 01:20pm

I am sure yoda was thinking of share trading when he said:

"The fear of loss is a path to the dark side... What you fear to lose, train yourself to release. Let go of fear, and loss cannot harm you."

Loss is a natural experience for trader. You must merely cut losses fast. It is the inordinate fear of loss (not to mention greed - the fear of missing out) and wish to avoid such experiences that makes us act irrationally, selling on the dips and buying at the peaks when one should be doing the exact opposite. In other words, stick to your trading plan (or investing plan if applicable). Patience is required. There will be a good long trade on this soon I think, but I dare not try to make a call on the bottom.

I'm sure the long time investors on this have seen this all before and are buying the dips.

But as a possible answer to your WTF> Is it possibly instos short NRT are trying to maximise their returns up to year end? Aus brokers have such a low opinion of NRT I wouldn't put it past them. Last time I asked a broker what they thought of NRT they said oh yeah, that's the company that makes supplements out of clover isn't it. They have no idea. Such low liquidity makes this stock inherintly risky and whoever the marketmaker is they can pretty much do what they like with enough cash behind them. My thinking is sanity will return come 1 July once the insto traders have had their little play.
  Forum: By Share Code

leppard
Posted on: Jun 28 2005, 12:43 PM


Group: Member
Posts: 278

In reply to: Bloodwynch on Tuesday 28/06/05 01:09pm

Not heard, but Macquarie bank are the latest to offer CFDs
MacCFD
  Forum: Investment Discussion

leppard
Posted on: Jun 28 2005, 11:57 AM


Group: Member
Posts: 278

I use AOT/Comsuc linked to LE margin facility and also use the webIress platform with AOT to do CFDs via MAN Financial. Works a treat and I'm quite happy with it, not changing anytime soon.
  Forum: Investment Discussion

leppard
Posted on: Jun 22 2005, 09:41 AM


Group: Member
Posts: 278

In reply to: BSA on Monday 20/06/05 10:34pm

Me too, stopped out @ 5.50, thought it was worth a go at 5.19 and that failed, so 4.98 is support now, should hold strong. Below that its bad news. Similarly support is 19.50 on the NVGN chart and its sitting right on it. Perhaps oversold and could be a buy at this level. Safer to wait for a reversal though.

The volume on the down concerns me also. Whoever the seller is they are a persistant buggar. That said someone is quite happily soaking it all up. Could quite easily gap up significantly on good news if the shorts are as high as mentioned. Place your bets... up or down icon14.gif
  Forum: By Share Code

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