Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You should try specifying whether you're talking U.S. or Canadian....
Oh no. It was this guy for sure....
fung_derf
Friday, 08/02/19 02:49:00 PM
Re: nowwhat2 post# 32
0
Post # of 66
Long term support at $35.20. See where it ends the day. I'm not a bottom fisher, but if were, I'd buy a partial position here with a tight stop loss.
Or maybe you meant this guy?
fung_derf
Tuesday, 09/10/19 10:15:41 AM
Re: nowwhat2 post# 43
0
Post # of 65
OK, so looking into it today a bit further. If it gets to $38, I think it gets to $48. Dividend is increasing regularly. 2019 was to be a down year for them with a rebound building in 2020.
Let me know if it gets to $38 and I'll take a position. TIA
P.S. Getting to $42 might be the start of a cup and handle
Or did you mean the guy who said this?
fung_derf
Friday, 07/26/19 09:49:55 AM
Re: nowwhat2 post# 27
0
Post # of 64
I'm so glad I dumped this when I did. This MAY be a buy again around $35.
Oh, you mean the guy who said this?
fung_derf
Wednesday, 10/30/19 11:23:24 AM
Re: nowwhat2 post# 59
0
Post # of 63
First resistance under $46.
Man.....So, it's a Full-Blown Upside Bustout now.....
Sheesh....I should NEVER have listened to that guy.....
He was SO distracting !.....he-he
Could've actually paid an asking price of just $1.00 dollar (whilst it was at Thursdays' $48).....and now THE BID is $3.00 !
4 days ago
He claims that my chart time frames are way too SHORT.....Do YOU think that's the case ?
An 18 year time frame - Is THAT way too short ?
Rally is probably attributable to :
A) Trade talks are (reportedly) improving
B) The company is executing a Massive share buy back and
C) It's such a powerful-looking chart
You're looking at ridiculously short term charts. My charts show the stock BELOW resistance levels. But what do I know, I've only supported myself doing technical analysis and worked with professional chartists for a mere 20 year.
Crazy-man - I give up -
First resistance under 46....
First resistance under $46.
My concern (which is obviously not yours based on stocks we've discussed) is that with the market so high, you keep taking flyers on stocks that have far underperformed.
Just don't see this as a value market yet.
Maybe a cup and handle. Sure glad I sold it in the $70s
Well neither am I interested......NOW
Just not interested. I see more resistance than support in its future.
Also don't care for their earnings projections.
Shorts'd be covering like gangbusters here....
Some evidence of that we have seen.
V Bottom (for sure) I would think (should she keep goin').....
Based on past chart, it's not a fast mover.
Yeah, if calls are cheap enough, wouldn't be an awful strategy. You'd need some long term LEAPS though. Last trough to peak was about 27 months.
Tis awfully confusing when we're intermixing the two currencies !....
High this morn 48 (just closed a downgap) but also upgapped thru an overhead.....
Could easily be a huge massive V- Bottom - I'd Love to identify a "cyclical" thang for with which to toy with options.
Buy calls on the dips (if in fact possibly this were trending)
Twice a month buy calls (on dips) as it works its' way back up to 75 ! ?
That'd be a huge (and quite simple) ka-ching !
OK, so looking into it today a bit further. If it gets to $38, I think it gets to $48. Dividend is increasing regularly. 2019 was to be a down year for them with a rebound building in 2020.
Let me know if it gets to $38 and I'll take a position. TIA
P.S. Getting to $42 might be the start of a cup and handle
fung_derf
Friday, 07/26/19 09:49:55 AM
I'm so glad I dumped this when I did. This MAY be a buy again around $35.
Fortunately, I sold this one around $71.
Double resistance currently at $48, so I guess there may be a short term play here. But not for me. I'm not a bottom fisher.
12 sessions ago : It actually continued on down to $ 40.....The current $ 46 = 15 % off that
Doh !.....News out today I see - Is it helpful ?....Or whaT ?
http://ih.advfn.com/stock-market/NASDAQ/methanex-MEOH/stock-news/80692966/methanex-announces-sale-of-us-700-million-10-year
Perhaps they have staved off a financial crisis...
Methanex expects to use the net proceeds from the offering primarily for any one or more of debt repayments (including repayment of our existing 3.25% unsecured notes due on December 15, 2019, of which US$350 million in aggregate principal amount is outstanding),
Well, you have a couple choices....actually three. You can go long, you can go short, you can stay in cash.
Stupid Macro-Climate casts doubt
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150354021
It's like walking a tight-rope (without a balancing pole) !
Dunno. The long term trend line it is hitting is so long term I don't like to use it. The stock could be a great buy right here, or they could cut the dividend and it could fall much further.
While I am prone to say it surely must be a decent buy here based on price and dividend, I'm not sure I'm ready to take the plunge.
I do like the idea of 4% dividend while waiting for recovery.
well heres some good news....adding 10% methanol to gas now!!!!
https://www.sectorpublishingintelligence.co.uk/news/2420619/cyberfuels-inc-launches-sales-of-its-specially-formulated-ecoflex-91-and-93-octane-gem-fuels-in-daytona-beach-florida
http://www.cyberfuelsinc.com/
Yep, it has broken support for sure (as has just about everything today). A good reason to wait before buying anything. My belief is, I'd rather be a bit late with a better success rate, than to try to pick a bottom and be right less often.
Hey - You're a numbers guy (as I seem to recall - From I don't know which board - perhaps Charlottes' ?)
So, these numbers look atrocious or something ? * Must be !
https://m.nasdaq.com/press-release/methanex-reports-second-quarter-2019-results-20190731-01363
Plus their share buybacks have turned out to be poorly timed !....
"We returned $75 million of excess cash to shareholders through our regular dividend and share repurchases in the second quarter. To June 30, 2019, we have repurchased 1,069,893 common shares, of the 3,863,298 authorized, for approximately $53 million since the start of our normal course issuer bid on March 18, 2019."
Long term support at $35.20. See where it ends the day. I'm not a bottom fisher, but if were, I'd buy a partial position here with a tight stop loss.
Meanstwhile off in MEOH-Land......Down 8.x % today
Where, normally I'd NOT have this upper line drawn
But Long-term channels CAN act weirdly.....
This makes for 1 of my favorite examples (it totally wound up getting all the way up there - Up to 35)
I was THINKING of buying calls on it just prior to launch !
Look at that......In February I was looking at some 24 Calls (which were at that time being offered up at 1.65)
And just 1 week later were bid 7.50 !
Labrador Iron Ore soared due to Brazil mine disaster / shut down
Wait ! I sghould actually pull up some numbers here -
Let's pull up the January $ 60 calls.......Bid .45 Ask .85 .......
With the stock trading at 47.62
Wow - Actually traded 30 contracts today.....
Normally OI = zero . . . Now it (strangely) sits at 9 ?....Why not at least 30 ?
Someone is on the same channel as us !
Thanks for pointing it out. Current support at $35.25 or so. Not sure I'm enough of a gambler to try to buy in at a possible bottom. I'd rather see it hit support and bounce up. I think there is plenty of time on this one.
Lemme know if it hits that $35 range and I'll revisit.
I'm so glad I dumped this when I did. This MAY be a buy again around $35.
MX H&S w Clonk !
3 months earlier :
Just kept dropping to 63 (looked like it might head up)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144730979
Methonex going nowhere but up. Too much opportunity here. China is now a methanol economy. The whole world is acknowledging that methanol is here to stay and sales will continue to grow.
BWHWHAHAHAHAHA!!! Yes, you can tell by the 20 posts on this board it is being heavily pumped. Are you a moron?
Sure hope you shorted yesterday. The stock is only up 3% today.
BWHAHAHAHA! You've made 17 posts on 17 different boards. On each you've proclaimed a huge short opportunity.
What drives you people?
Interesting that you show up just as it breaks through resistance
$4.7 Billion unprofitable fraud + $1.7 Billion debt and running out of cash = Next Bankrupt scam here = FANTASTIC short opp
Followers
|
5
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
177
|
Created
|
04/01/12
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |