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.
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.
I must be missing something. This occurred over 1 year ago: June 2012. Why is everyone so excited about it now? It's not like JB did this right after returning from his India trip.
Yes, I agree. Something seems to be up. I am hoping for some news (merger/acquisition/biz dev) by Labor Day. Just hoping...
This is a very good signal, imo. I think some money sat on the sidelines after we broke $1 to see if it would drop back below $1, but today proved that even on light volume it's not pulling back.
This should provide a sign of strength and bring buyers back in.
2.3+ million in volume, mostly buys, just a few bid whacks at the end of the day to try to keep the price down.
Nothing to see here! Ho-hum...back to sub-penny any day now.
LOL!
That's what I've been thinking. eom
Like I said yesterday: Thanks to whoever sold all those shares yesterday, you helped us consolidate in a couple hours, but I bet you're kicking yourself today.
The stock market is the greatest vehicle for transferring wealth from the impatient to the patient. - Warren Buffett
Well I guess consolidation is over! LOL!
Could we get the Ibox updated with these numbers? Thanks Elis for contacting the T/A and getting this info.
Today's consolidation looks good on the chart. We didn't even touch the MA(10) or come close to the middle bollie band. This is good stuff. Let'em sell today, they'll just be kicking them selves in a few days. We'll be green by Thurs-Friday, imo.
Basically anyone who's bashing the stock right now.
Ha! That's fantastic! eom.
Thank you to whoever sold today. You made consolidation occur in a couple of hours after a pretty big run up. Now we're looking primed to run.
Xoom, I don't know anything about the BP board. I'll have to check it out. Thanks!
Use the MA(5) to see the tight trading range with the upper bollie.
That said, MA(50) is rising up on the MA(200) pretty quickly. Some people really like those golden crosses. I personally am not a fan. I'm going to stay indifferent to it with LBSR right now since I think fundamentals will soon drive the technicals. JMHO
Hopefully we're seeing that unique time when a company's fundamentals and technicals synchronize. This can create a really substantial and longer lasting run. Accumulation has been great so the float is tight, and like you said, any headline can send it. Now if we get a great headline like very positive ZTEM analysis or even a foreign investor who commits money...we could be in for one heckuva ride. Good luck!
IMO, LBSR's uptrend has a lot more to do with the fact that they just told a bunch of Indian investors about the company's assets, namely Hay Mountain, and those investors liked what they heard enough to accumulate positions in an under-valued play. The timing of when they had the Mumbai meetings and the recent uptrend sync up quite well.
Also, many of the volume spikes have come first thing in the morning or later in the trading day. This indicates foreign investors setting buy orders for the next day, hence the volume spikes on opening, and waking up early to buy shares towards the end of our trading day. Just an observation...
Thanks Kymmer. Nite...typical jerk.
Can anyone post level II? What's with this wall at $1.02?
TIA
And once we break $1 I think restrictions are lifted for certain class of institutional investors/traders to buy into the stock.
The train is pulling out of the station...eom.
His understanding of chart technicals is equally as pathetic!
She's a beauty. For a slightly better look replace the ma(200) which is off screen with the ma(5) and notice what a tight trading range it's using between the ma(5) and the upper bollie. Could break $1 and run mid to late next week. IMO
Wow, we got some silly volume for a friday afternoon in the summer! I just got back from a doctor's appt so I missed the last hour of trading. Heck of a week: After 100+% gains we consolidated for only 2 days and never closed below the ma(5), then we went back up and ended the week riding on top of the upper bollinger band with a break into the RSI power mode (above 70). The technicals here are burnin' a hole in the ozone layer! lol
(This analysis comes from the daily chart in the ibox)
Now onto the weekly chart: We blew right through the ma(50) no problem and we're trading on top of that with Bollie bands spreading open hard for positive divergence. I would like to see a little bit more volume here but look at the MFI...people have been accumulating this stock all year, sucking up the float. Maybe we don't need super huge volume to sustain this run if the float is really tight. All the previous runups were quick flips, but this year traders/investors are buying (and holding) based on fundamental business developments; mainly the focus on Hay Mountain which is in Briscoe's backyard and can be worked all year round. RSI is just getting hot and MACD has plenty of room to grow. This could churn a bit in the mid .02s (perhaps next week) before punching through ma(200) at .03. Once through .03 we'll see a little resistance at .04 but really .05 - .06 will be the next real resistance level, which is why DeadJim is smart in saying that he'll add more to his core position if we break the 5 cent range. After .06 the sky is blue for a while. Good luck and have a great weekend!
PS - Sorry I don't have a monthly chart on this.
You've earned your "ignore" well. eom
Lovin' this chart. We have positive divergence from the MA(50), RSI just broke into Power mode, Accum/Dist is pinned to the ceiling (float is gone). This is gonna break $1.00 real soon and when it does...look out!
There was some subtle bid-whacking today to keep it under $1.00. Someone still wants to keep this below $1.00...maybe to load up for themselves and friends. Maybe to keep competing hedge funds and 'tutes from buying this up. Many funds and institutional can't buy stocks under $1.00.
Either way, good way to close out the week. It's beer-thirty!
I'm sorry, I didn't realize the Quarterly report was for the Liquidation Trust. I don't mix the two at all. My apologies for making an assumption. The LTI is certainly taking longer than I'd want as well.
This thing wants to ride above the upper bollinger band. Impressive...
Riding the ma(5) three days in a row now. Consistent volume too. Not great volume, but good enough.
What did you expect to find in the quarterly report? Any material event, i.e. biz dev/acquisition/merger, would have to be filed via an SEC Form 8K, not a quarterly report.
When something good happens we'll all know about it. I'm sure the company will trumpet any such biz dev achievements loud and clear.
Hey if you ever feel you're getting greedy with shares feel free to let me hold on to some of them for ya.
This chart is sexy...
No stock, zero, zilch goes straight up.
Technicals: We blew right through the upper bollinger band on Monday. Very, very few stocks trade above the upper bollinger band, and when they do it's on tremendous news, like the kind we might get if Briscoe gets the necessary financing or JV to develop HM. Plus, this stock is trading between the ma(5) and the upper bollie, which is a very tight range. Consolidation after a major runup may have finished today as we ended green. Tomorrow will confirm. The PSAR flipped and is way below us, so plenty of breathing room if this wants to consolidate lower, but I don't think it will. Don't forget, we went up over 100% in just two days (friday and monday). That requires some consolidation, but I don't think there is much selling at all. It's ready to continue its ascent. IMO
Fundamentals: Briscoe reported positive results from the India trip and is planning another similar trip to China. This is all good news and the market is reacting in a positive manner to it, which I'm very positive about. I personally haven't been this excited about LBSR since the run to .19, and I don't think the chart (over the past 2 months) has looked as good since that .19 run. Of course the PPS isn't up there yet, but just look at the Accum/Dist and that tells the whole story. I see company fundamentals and chart technicals actually in sync with each other, which again, we haven't seen in a long time.
Stockchart for WMIH:
Even though this company will move more on fundamentals than technicals, I still like the accumulation that has gone on here. This thing is coiled tight and when good news hits (i.e. acquisition/merger) it will run so hard it'll leave bid chasers in the dust. RSI is about to go into PowerMode. Look what happened last time it did.
Just add volume and KABOOM!
Not sure if I'm included in the "new investors" group but I've owned this stock for 3 years now. I just don't post much because my momma taught me that if I don't have anything nice to say don't say anything at all.
Thanks. Strange how it doesn't have a date minted printed on it, just a range of years from 1963-1987.
In terms of technicals I really like how the chart is trading right now. We punched through the upper bollie and now we've consolidated right between the upper bollie and the MA(5). Based solely on technicals, this could trade sideways for another day or so before going green again. Accum/Dist is strong; shows that the float has tightened considerably.
We'll see what happens between now and this weekend.
I have two of those Canadian Olympic coins from 86 (Calgary held the games if I remember correctly). One has a speed skater on it and another a hockey player. Very cool coins.
I live about 5hrs from Canada. Not sure I could get across the border if the SHTF but if I do I'd like to have some Maple Leafs in my pocket!
But even if the SHTF scenario never happens it's good to own silver and fun to collect other currencies. I like the Australian Koala too, it's a very attractive coin.
I even own a very rare silver Krugerrand. Shhhh....
Haha! Glad to help. eom
This stock moved hard the previous two sessions and broke through the upper bollinger bands yesterday. It had to pull back and cool down. Experienced traders know this and sell some shares at these signal points. I believe it will consolidate quickly and might keep moving up later today or tomorrow.
JMHO