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captain_chaza

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Post Number: 3132
Registered: 02-2003

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Monday, April 07, 2008 - 03:41 pm:

Mayday! Mayday! Mayday!

I need to hoist a coal class of sail in the very short term
IE: ASAP

Anybody got any good ideas?

Salute and Gods' speed

"While we stop and think, we often miss our opportunity." Publilius Syrus, 1st century B.C.

"I believe the future is only the past again, entered through another gate."
Sir Arthur Wing Pinero 1893

"There are two times in a man's life when he should not speculate: When he can't afford it, and when he can." Mark Twain, 1897

hibikijoji

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Post Number: 446
Registered: 08-2005

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Monday, April 07, 2008 - 04:42 pm:

Hi cap,

Have you considered MCC?

Disclaimer :
The views expressed here are for experimental practices only. They have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information.

Please consult your broker or financial adviser before making an investment decision.

jimmyswell

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Post Number: 191
Registered: 07-2006

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Monday, April 07, 2008 - 05:49 pm:

Ahoy Capt,

I've been updating a thread CZA Coal of Africa, which fits your coal request. It's been doing a predictable 2-weekly retrace-climb cycle over the past few months. It closed at $2.13 last Friday and is on its way back up, closing at $2.20 today. I reckon it's good for a tidy 5% climb up to $2.30-ish providing it remains true to form.

The other coal stock I've been tracking that seems on its way back up to 70c is COK Cockatoo Coal.

I don't hold either of these at present - so can't be accused of ramping.

jimmyswell

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Post Number: 196
Registered: 07-2006

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Thursday, April 10, 2008 - 06:30 pm:

Ahoy ahoy Cap'n,

What did you end up buying coal-wise?

You were clearly onto a hot sub-sector because my recommendations of CZA closed at $2.31 and COK closed at 77c today (Thu).

On a separate short term thread, at which you may have glanced, the coal-related equity BLK has also seen some upward action this week.

captain_chaza

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Post Number: 3137
Registered: 02-2003

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Thursday, April 10, 2008 - 08:06 pm:

Ahoy Swell Sea-Cadet-Ofificer Jimmy

I ended up doing "Nothing"! and I can promise you ONE THING

"Heads are going to roll!"

Salute and Gods' speed

azworkinit

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Post Number: 31
Registered: 02-2008

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Thursday, May 22, 2008 - 09:17 pm:

Ahoy! the Cap. Ave ye still dun nuttin me arty?. Regards Az

"Success is a lousy teacher.It seduces people into thinking they cannot lose."BILL GATES.

azworkinit

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Post Number: 34
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Thursday, May 22, 2008 - 11:12 pm:

By the way Cap,heres one I would appreciate an opinion on.Looks to have slowed today.Took 50% profit,though I was hesitant.Do you think it will retrace to fill the recent gap established on the uptrend?. Would appreciate any comments. Regards Az.

"Success is a lousy teacher.It seduces people into thinking they cannot lose."BILL GATES.

hibikijoji

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Post Number: 451
Registered: 08-2005

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Friday, May 23, 2008 - 09:04 am:

Chaza,

MCC up 34% since last post.

Hope you invested...?

azworkinit

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Post Number: 36
Registered: 02-2008

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Friday, May 23, 2008 - 08:06 pm:

Anyone care to help with some technical analysis?.Bought back in at 67.5 today. I can hear the crickets chirping?.Regards Az.

"Success is a lousy teacher.It seduces people into thinking they cannot lose."BILL GATES.

paddy

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Post Number: 89
Registered: 03-2008

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Saturday, May 24, 2008 - 01:49 pm:

azworkinit : I'm no expert on chart interpretation but I'll give it a go and if it is not correct I'm sure it will be by other participants .

Date Stock price Action Interpretation

5/20 GAP* UP volume close to doubled - Go long

5/21 GAP* UP volume close to double Go long

5/22 Bearish Harami, slight decrease
in volume - needs confirmation

5/23 GAP UP - no significant increase in
volume
-
GAP* Breakaway Gaps

RSI[20] 91.129 : Overbought

Slow Stochastic %K[14] 93.028 %D[3] 96.442 : Overbought with %K below %D [ bearish] but K and D have been playing crossover so not definite .

If I had your position I'd Hold with a tight stop loss say @ $.74 .

Now I'll wait and see what the experienced lads have top say.

Paddy

azworkinit

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Post Number: 37
Registered: 02-2008

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Saturday, May 24, 2008 - 09:44 pm:

Thankyou Paddy, I appreciate your views,and Im sure there are no absolute,"written in stone" analysis techniques out there. This stock only listed a few months back,with 45 million floated at 20c.Apparently about three quarters of that are estimated held by the top 5 holders,so any buying has been competitive in the last few days. Hopefully the run may continue on Monday,though it's risen a little quickly for my liking. How is sunny Mexico?.Some mates of mine are going there in a couple of months.Have you been working a minesite over there?. Regards Az.

"Success is a lousy teacher.It seduces people into thinking they cannot lose."BILL GATES.

azworkinit

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Post Number: 38
Registered: 02-2008

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Monday, May 26, 2008 - 01:39 pm:

TRADING HALT!.Apparently no one heard about the impending announcement and the desperate trading on friday avo was because of oil prices dragging coal in general upwards!. I hope theyve got something good,cause I loaded up.

"Success is a lousy teacher.It seduces people into thinking they cannot lose."BILL GATES.

dug

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Post Number: 3186
Registered: 07-2005

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Monday, May 26, 2008 - 01:58 pm:

They give a reason these days for Trading Halts.
See Page Two[2].
This one is for "possible coal exploration tenement acquisition".Don't sound too "sexy" to me.
What you could do,azwork is some checking up on how much Cash in d'Bank TCM has.
I see it recently floated so does it have some Cash to pay for this "acquisition" or will it have to do a Placement at this early stage to "Sophisticated" investors?

One hopes NOT the latter but any announcement that lifts the Halt saying they just may need more Money for Wonderful Potential Exploration will be a "Bummer".
Also what TYPE of Coal may have relevance.Wikipedia bleeding coal and get the definitions of what's "desirable".

Have Fun on Halt Lift Day.It can be before Wednesday,even this arvo.
cheers.

Even 'til Jaded.

Dig for the sake of it.

azworkinit

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Post Number: 55
Registered: 02-2008

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Wednesday, July 02, 2008 - 05:46 pm: