No ASX Thread? No ASX thread.
Congrats to everyone who is riding the MXC wagon at the moment - can't say I got on it and it was a big error by me - well done to those who jumped in on it
>tfw aussieposters are literally the retarded niggers of /pol/, but on /biz/ are some form of retarded stockpicking savants that keep giving us moonlandings.
i don't understand, but i welcome our aussie overlords
yeeee boiiii
ausbrah checkin in
will lurk this thread
Thinking about jumping on the GXY wagon and seeing how far it will go long term. Gonna try buying in on Monday morning.
>>1196025
Why do you think now is a good entry point? I was thinking about it too but fuck buying high.
I don't want to be like the fuckers who bought LOM at 40 cents yaknow
>>1196049
True true. I was thinking long term it could still be good. Your top for MXC could be a better plan. You gonna jump in on MXC?
>>1196050
Look, I'm burning at the fact I didn't get it early at 0.026, and I'm not sure if that is anchoring me against it. I am looking at MMJ again, because its price hasn't really done shit yet. It is of course, five times more expensive though.
Anyone else thought about the comparison
>>1196049
I know what you mean, but I'm also scared it's going to break 50c next week without dipping. scared of missing the train.
>>1196328
dont be, the fear of missing out is powerful and can fuck you up. remember, buses come every 15mins so its cool if you miss yours. just make sure next time youre there 5 mins early.
>>1195993
what are your thoughts on CNJ, they are sitting on the 4th largest cobalt deposit in the world, are owned by the Tasman bro's that seem to have a touch for steady growing investments (EDE e.g.)
also read http://investorintel.com/technology-metals-intel/cheap-lithium-ion-batteries-for-evs-vs-the-cobalt-cliff/
>>1196345
yeah, you are probably right. I'll wait it out on Monday morning and see what happens. I think it's the right time to buy, but maybe it will dip on Monday.
>>1195993
Who MXC here?
the DUDE WEED train is leaving the station
Get on
>>1196670
Mgc pharma?
>>1196346
There's lots of talk that cobalt will go off after lithium, but I'm really not a resources dude. Anyone else have a clue?
>>1196679
Yep
>>1196356
You could set a buy order too 0.35 (GXY, convert that too USD if you're on GALXF) and hope to catch a spastic dip.
>>1196684
Cobalt anon was suggesting a couple companies last week in the Galaxy Resources thread.. can't remember the name though.
Ausfag here. Can someone explain to me when this mxc meme started? I have been lurking here for 3 weeks now and i havent seen a single mxc thread.
>>1196741
>Cobalt anon was suggesting a couple companies
I read that >>1189213
thats why I ask if any of you have more information on it, they are apparently sitting on the 4th largest deposit in the world (in a 50% JV with a gold miner BAR), CNJ is 20% owned and directed by Tasman Resources which also owns and directs EDE (180% gain in the last 16 days?!?)
>>1196685
How much money do you have o n it?
>>1196774
5k
NabTrade is down for maintenance so I'll just show my current gains on stockprofitcalculator
Also forgot buy commission of $13.50 but oh well.
>>1196762
and yes they are currently massively undervalued, with 0,02 AUD and their TBVPS of 0,05 AUD
>>1196747
Don't know but whoever picked it was right.
I'm still trying to work out whether I should be on it or not
free nabtrade brokerage runs out tomorrow.
Do they charge brokerage when order is filled or settled?
If it runs out Monday does that mean it lasts that day or is today the last day I get free brokerage?
>>1196747
Late Feb when the govt announced the medicial legalisation
I bought in at 3.4, I'm in for the long run at this point
any aussie bros following any Lithium mining companies?
I'm the ASX Sharemarket Game and have 50k playmoney to invest. How would I be able to win? Sorry for the quick question, gtg to a party.
>>1197967
Yeah I'm in PLS, GXY and MPJ. In the greens for me so that's good.
>>1197980
What price you got into pls?
>>1197980
MPJ isn't on CommSec, who's your broker?
Im dubious about mgc pharma. Got 2k on them, up 43%, i just cant see it going up. I want to put more money on them but im going to wait two more weeks and invest another 2k. Ive got a feeling its going to go down
>>1197986
I got in at 0.36 late but still worth it. Was very hesistant beacuse I was watching it last year and it was a rollercoaster ride.
MPJ went through a name change, their ticket code is KAI now. Just checked on comsec and is not avaliable so I guess I wait till Monday and see.
>>1198003
Thanks.
>>1196762
>>1196811
Interesting, I see them being discussed on investorintel, they will not be producing in near time but no virtual developer will, however they are sitting on the 4th largest cobalt deposit. if there is a cobalt price spike, due to the coming shortage as the analysts say, Conico (CNJ) could be a cobalt Pilbara (PLS). thanks for the tip mate
Also can anyone explain the shit going on with GXY?
up 100% in a month for no apparent reason. could the biz shills be this powerful?
>>1199288
What do you think it will fall to?
>>1199288
back to its intial pricing? maybe 3.0 to 3.5? there's been no news.. and they're selling cosmetic cannabis shit with one confirmed sale for 1 million in revenue this year.
IBG on the massive upswing atm, anyone in on that?
Cobalt with a huge rise today, was there an announcement or something?
I'm still new to this mining stuff. But i believe cobalt was a big by-product in nickel mining, nickel has become unprofitable so pure cobalt plays are looking to be able to set their prices with the shortage we may have.
What's good for lithium should be good for cobalt and the shrewd investor will look to get on the cobalt train before every man and his dog does.
>>1199291
I think the company is just a good buy and everyone is catching on, the whole lithium sector is up by magnitudes over the past 6 months. There'll be adjustments.
>>1198003
When did you get on MPJ? I got excited after their big Friday and bought last Monday at .01 like an idiot.
What do you see or hope to see the share price doing in the short term/ long term.
I'm just hoping for some good announcements relating to their tenements but it could go flat or sour really quickly with less than stellar news after their search.
>>1195993
Need these ASX threads, cant talk about the state of lithium or mining shares in the GXY thread, its pure memery over there now, actual information is ignored.
>>1199525
i'm willing to drop some money on cobalt, what's your pick?
>>1199288
Yeah, bought in at 3.3, sold at 5.8
a nice 75% return
>>1199542
Gyx threads talk about everything
>>1199586
>how do i buy
>how do i buy
>to the moon
>pump and dump!
>shilling
>talking about the movement of the price, no analysis
Yeah they're great
>>1199598
You missed other threads. Just weekend bs
>>1199598
The trick is to decipher it all. Lithium certainly is hot property right now and probably will be until the the race to build the worlds electric vehicles has clear leader/s. that will take a few more years yet. But hey you must decide for yourself.
>>1199636
And then think of all the little companies along the supply chain that will benefit or play pivotal roles in this race of the EV, thats were you start researching then put your investments.
Anyone looked at Pioneer resources (Pio) got gold, nickle and Lithium in the play, brought some today myself.
>>1199650
>Pio
Checking now!!
Any RAP holders in here? Thoughts on today's trading halt?
>>1198018
32% today wtf? how did I miss this
AusFag here - i'm throwing down some of my shares your way - PIO, CNJ, BAR, EDE, BPL, AJM, GXY, GMM, PLS, NMT
buy em all, buy some or buy none. don't give a shit if you fags don't believe me, i'm up like 10k.
do some research but them tickers a good place to start
>>1199721
all of those stocks are up, which leads me to believe if I buy in it'll be near the peak and I'll be a worthless bagholder
>>1199709
Last I heard its a cap raising at 0.20. If so, I will buy in after it heads a little down.
Bought into CNJ today and ADV. ADV seems to be the forgotten lithium holder, and looks cheap after great results. I think it'll trend up very shortly.
Again, congrats to MXC, up to 6.2 on close. That's a fucking great swing if you're on it fellas, I unfortunately missed it.
>>1199715
thats some good shit, thx man, gotta look into conico
ADV went down today despite announcement good quality lithium in drilling. Going to jump in early tomorrow.
By the way I'm fairly new. I've got 15k to play around with so how many companies should I have in my portfolio? I'm thinking of having two low risk companies like pls, ajm, and perhap gxy , then having 2 or 3 high risk companies whom are priced low.
I wish I could do more research but this lithium boom is taking off too fast and it appears these opportunities don't come around often.
Has anyone here tried Commsec CFD's?
Is $500 starting margin enough to play in this platform? Can you trade after hours (ASX)?
Bump, bought ADV today think I dun goofed
>>1201272
Why are you worried?
>>1201272
bruh I wish. I placed a buy order in last night and it wasn't fulfilled and now i missed out on 20pc gains
ALL OF THESE LITHIUM STOCKS ARE STILL GOING UP WHENS IT GOING TO DIP
>>1201272
ADV is still a good choice. There is a lot of cash moving between all the Lith companies people are spoilt for choice, a drop in price is a good buy opportunity for other investors. To the MOOOOON!!
PIO is the only one that dipped, looks like that's my play
>>1201405
Nice! Keep an eye & ear out for announcements and other talk around the traps.
>>1201392
Yeah I missed out most of it too. Got in at 4.4
Pallister on hc has like 400k on pio, he shills hard but I still think pio is legit
>>1201444
I did some reading, their website is pretty nice and they have 3 projects in development at the moment which ensures a steady stream of news which keeps the share price moving.
Feeling good desu senpai
>>1200026
I think you need $5k to open a CFD account
why the hardon for cobalt? price hasn't moved.
http://www.proactiveinvestors.com.au/companies/news/68159/lithium-australia-nl-gets-busy-in-worlds-largest-lithium-clay-province-68159.html
http://www.proactiveinvestors.com.au/companies/news/68163/segue-resources-ltd-lifts-lithium-land-holding-in-key-wa-province-68163.html
>>1201572
What price you get in and how much? I will join you with around 100k shares soon
AJM appears good value at the moment. Might dip below 25c
>>1201801
8.3 cents even
Any idea on what us e brokers have access to pioneer and the rest.
IV got Galaxy OTC right now with a 22% gain so far, just can't find the others
>>1201801
I bought in at 3.4 cents. I wish i sold earlier around 7 cents but I chickened out, which I obviously regret now
I'll sell around mid 6 tomorrow if it get's that high on no announcement
So all of these are only for ausfags right..?
Burger here and the only thing ive been able to get in on is GALXF
love you guys
>>1201812
I think back to the 4's tomorrow bruh
>>1201815
Sorry bruh, all ASX all day
>>1200026
contracts for dickheads
Merry Christmas, ya filthy animals
Help me out here fellow ausbrahs, I'm with commsec atm and you must buy a minimum of $500 (which im pretty sure all banks in aus are)
..is it time to some of my trading money to bitcoin?
>>1201882
Wut - is it time to convert your BTC to cash and trade? Yes. But with $500.00 you might as well go to the Casino - better returns
>>1201884
I mean like, i'm 18 with a bit in the bank from saving and a generous aunty.. I've already invested a tiny bit into trumpcoin.. just for fun really but it really is a nice thing to not have to pay a minimum of $500 to trade.
>>1201885
brokerage fees will kill you. you pay $20 to buy, and another $20 to sell. this means you need to turn your $500 into $540 just to break even. it's not worth it.
>>1201891
I know, esp with commsec - its 40$ to sell and $40 to trade. Bitcoin/c-cex has been good.. a good change.
>>1201885
Min 2 grand on blue chips or its not worth it. Its my rule pretty much every other trade I do is 4k or over now.
Dont waste your time on small busy. Do you do your DD and stop memecoining.
>>1201907
In all honesty, i had won about 700$ at the casino so i spared a few hundred about bought $trump.. so far so good actually.. i want this to be a learning curve for me - Life for me atm is Study/business/trade/workout/ im enjoying myself
What services do you use to trade stocks?
>>1201801
bought at 3 panicked and sold at 5.8 then saw it rise to 8 fuck my life.
But atleast I didn't buy at 8
>>1201801
Brought in at 5.6 today, probably one of the most exiciting pump and dump I've seen so far.
Feel for those brought at the high's. What does everyone on here think about MXC? In comparision would it be better then MMJ?
>>1201978
MXC, if that's your question.
>>1201973
It has great potential and I will be buying back in once it goes a bit lower. it hasn't even gotten any revenue yet apparently and it is still yet to grow crops in Australia. it will for sure go over 10 cents at some point this year and has a lot of potential to hit 20 or even more depending on what happens.
>>1201988
http://www.mcxindia.com/
this one? idk about trading but want to get into it
>>1201992
MXC - MGC Pharmaceuticals
Medical Marijuana supplier in Australia, which we just legalized.
>>1201999
how do you invest in it?
>>1202001
You need to get an account with a broker.
I'm with Nabtrade which I would recommend because it has the lowest buy commision ($13.50 per purchase i think)
Once you do that you need to transfer money from your bank into your trading account just look the company up on your nabtrade account and click buy, then select how many shares.
If you really don't know anything about stocks then I don't know if I would recommend using your own money right away. There are stock simulators you can use that give you about $20k fake money to play with.
But if you want to use your own money then go ahead, you'll learn more that way anyway.
MXC is a good investment but don't buy until its about 4 cents.
>>1202020
ah sweet, im with nab so that part should be easy.
Is it then just a buy / sell button thing?
Ive got 3.5 grand thats doing nothing, so what is the minimum amount that i should consider investing?`
>>1202026
>im with nab
Oh nice, your funds will transfer into your trading account immediately in that case. I have to wait a day or two.
>Is it then just a buy / sell button thing?
Yep, then you select how many shares you want to buy and choose which price per share you want to buy for. It will tell you what price on average that shareholders will currently sell to you for (Called the 'Ask'), but you can try go a bit lower if you want. Once someone sells their stock for the price you have set you will have bought them. Then when you sell it's the same process except you set what price you want to sell for and wait for someone to buy.
>Ive got 3.5 grand thats doing nothing, so what is the minimum amount that i should consider investing?`
That's fine to start out with. I started out with 500 and was able to make some decent profits with that over time.
A lot of people will tell you that you need something like 50,000 to get started. and if you want to see massive profits then you would, but it isn't essential.
>>1202041
ah thanks for the advice, i didnt realise it was exactly like a bidding thing and the stock price was actually an average.
Ill be sure to credit you when im forbes 100.
>>1202049
No worries mate.
It's complicated and intimidating at first. Just pace yourself and learn as you go. You'll be right.
>>1202026
>>1202049
3.5 g is a good amount. I started with 4 and ended up with 10 6 months later
if you want sick gainz you have to put it into penny stock micro caps, risky but you can get 400% return if you get in early. otherwise you can be an old man and do the bluechips and get dividends but its not worth it with such a low amount of money
>>1202101
This.
No way I'm paying $70 a share to see a 2k profit in 3 years.
Pretty much lithium related at the moment seems to be on the rise or have the potential for huge increases.
When is this likely to stop? How soon before the weedy companies are pruned and the industry consolodates?
Just following share prices for the past two weeks it seems nearly impossible to lose with these.
>>1202123
Lithium explorers have been traded on the asx for 10 years, and during all their peaks and troughs the sector hasn't experienced consolidation. This time won't be any different: the five year outlook for Galaxy will resemble the previous five years.
>>1202123
Those that start producing in 2016 and get their offtake agreements are over the cliff and will establish. Others are weeded out.
If you need tickers: ORE, GXY are over the cliff (ORE just needs to finally get its shit together)
PLS, AJM, ADV, NMT, LIX, NMX etc. are going to get weeded out. (NMT is going to get pushed out by Ganfeng eventually from the Mt Marion project, good for them, bad for the investors though, should have read the agreements, PLS is so far behind that even if everything goes as planned the production will start in 3-5 years tops, with CAPEX and OPEX eventually diluting the stock massively)
The market demand for lithium will saturate with the new producers by 2017, the following years big lithium demand economies are going to establish inbound producers (China e.g. - take Molycorp as an example for rare earths and their fall due to China). 2015 was the smart money year, 2016 the hype year, 2017 the bubble burst on the weed companies, others will stabilise and establish supply chain positions, as an example GXY that already has a supply chain position since it already functions as a front for Mitsubishi which buys 100% of the offtake and resells to converters. GXY also has strong ties with Tianqi since the China days.
>>1202868
So you're saying speculator hype for the virtuals will die down after 6months- 1 year?
But those that are actually producing will likely further consolidate their positions.
What about buyouts and such, is it good to be holding a stock with good tenements that could potentially be bought out by larger miners?
>>1202868
Good summary. One more consideration is what will be more acceptable(to the hippies who will be the first to by these electric cars no doubt) Rock or brine extraction?
XTV holy fuck that was a fast 20 grand.
>>1203639
>up 188%
Holy fuck man. Good job.
>>1203715
Bought in at open, seeing the deal they announced is revenues of 3x their market cap.
>>1203720
How did u find the company? Already knew about it? Fuckin jealous as FUCk
>>1203724
Didn't know about it, I just read most market sensitive anns in the morning and do a very brief check on company MC and what industry they're in.
Huge flag when I find market cap after quadruple checking was only around 20-30 mil.
>>1203732
It doesn't look like a pump and dump. Are you planning to sell? People on hc say it will keep going up. Tempted to put 500 dollars on with my free brokerage
>>1202868
I would have though pls are in close to prime position. They hold the most spodumene which is much preferred over brine.
>>1203840
Yea I've sold already because I margined 30k and couldn't risk overnight. Still undervalued and yes should either go up again tomorrow loads or go for a multiday run.
>>1203639
well fucking done
>>1203732
i looked into them last year
look at their tech and thought it was glorified youtube that wouldn't go anywhere. i think my exact thought was 'who the fuck would pay for this shit?'
fml
>>1203965
i was looking to buy in, do you think the company is still undervalued? that latest announcement seemed really good
>>1203842
They just release their SPP, with the extra budget depending on how many will purchase it will assist them with setting up their production I'm guessing.
I'm trying to release funds so I have 15k in hand and get those 15k at 0.36cents per share. Ofcourse they can retrace it and probably get less then that but at 0.38cents and looking at long term that's like a bargin.
>>1204104
2.7, it's 2.6 but I want to be on the safe side and buy early.
The general consensus is a 4.5 close. Really optimistic people predict near 10 but come on...lol. 4.5 is pretty likely though and that's a damn good profit.
>>1204142
Im gonna throw $500 on it because i know fuck all about the company and it feels too good to be true. think I'll bid the same at 2.7
>>1204174
Good luck brother.
Hope we're both a bit richer tomorrow
>>1204174
Looking like a big open.
This thing is going to be volatile as fuark
>>1205159
Have you bought yet?
>>1205165
Bought at market for open.
Just bought into XTV at $0.034. Good or bad?
>>1205208
3.2 for me.
Let's hope this isn't a fucking dump
>>1205225
got in at 3 for me. i don't care if it's a dump. i will still ride this through. i'm sold on the announcement alone as the revenue they would generate would be well over their market cap. seriously undervalued
>>1205251
Yeah true.
Was hoping for a quick profit but I guess it's a hold.
CNJ HOLY SHIT - get on it.
>>1205325
Was really lookin at CNJ but got caught up in the XTV excitement....
And a chance to top up GXY today.
Exciting times ausbros
>>1205325
kickin myself
>>1205325
buy now or wait for 0.02?
Would have suggested buy in the morning but it's up again to .033. It'll be a winner of the day. %50%
Is it too late to hop on the lithium train lads?
>>1205864
Apparently the deal is going through in July, I would hold until then and see what happens to price
>>1196762
FUCK, WHY DON'T I READ THE THREAAD!!!
Bought in XTV for 3.2 cents
What do you think will happen with it this week?
>>1205325
Is it too late u think to open at tomorrow's market open?
>>1205944
Nothing, it's a rubbish company. Buy a real business like Appen.
How do you day traders/frequent traders deal with all the tax?
Isnt there capital gains on every sale?
So you need to file a billion page tax return?
>>1206028
Comsec do a easy spreadsheet thing that you can hand to your accountant or import into etax,
CGT is also 50% of your normal tax rate, making it cheap as fuck.
You can also offset losses to pay less tax if you had losing trades also.
>>1206045
I will pay no tax at all this year because of this offset.
Thanks SGH.
>>1206045
Cheers i'll look for the feature
>>1205864
I bought @ .029. Happy to hold. A lesson in not buying into hype though and not buying at market open. I did it before with MPJ bought at just under peak. I shouldnt be silly enough to make the mistake again.
Any experienced penny stock guys have thoughts on times for buying of volatile stuff?
Market open just seems too crazy to make an evaluation on where something is going particularly after a good day.
>>1206165
>A lesson in not buying into hype though and not buying at market open.
That's definitely a hard lesson I learnt today. Praying it goes back up so I can at least get out with a profit or even just my money back.
I made quite a bit on MXC and originally planned to buy back in. I'd have a 16% increase on my money if I did but instead I'm down nearly $200.
Need to be more careful.
>>1206169
The XTV product itself actually looks pretty shit, I don't fully understand it but i read through the announcement PDF. Some kind of tele-video interface technology with cloud involved.
Interesting potential but the presentation of the product itself looks very meh
>>1206181
Agreed, it looks like what people from the 50's would imagine in the future.
Ugly as fuck.
I only invested to get in on the hype for a quick profit but now I'm stuck with this shitty company with this shitty product and I'm losing money. Just fuck my shit up family
>>1206165
Sell at open normally they are high during that time, I buy when is close to closing 15 minutes windows, prices drops. Is not always the case but this is what I seen with quite alot of companies.
Also depends on what you're investing in for, quick profit or holding for a long term.
If others have tips please share. :)
>>1206186
Another announcement of interest or some positive news and price will jump i reckon. Set some sell orders at small profit if you want out and cant afford to hold.
Think I'll hold til July or so. Sell if it jumps up after this 90m deal is sealed
>>1206206
I bought at 3.2
What is a nice and realistic sell order to put in?
>>1206211
not sure man. heaps of resistance at .031 and .032 if it manages to break those it could go up another 4 places. .036 maybe?
Just looking at the sellers vs buyers here. they're abought even. doesn't look too good for advancing tommorow i think.
You have much experience trading or just starting out? what else you holding?
>>1206045
The CGT discount is only available to assets held for a period greater than 12 months, it exists to encourage investment, rather than frequent trading.
>>1206266
Starting out.
I bought AOP as my first trade for 8.5 and sold 9.5
Then bought MXC for 3.3 sold 5.8, so far so good until now.
Only XTV at the moment. I don't have enough money to hold multiple things at the moment.
Haven't dabbled in stocks for a while now but I think it's time to get back in the game because MXC seems like a really good investment.
>>1206352
also GXY
>>1206346
There's my watchlist for companies that have some interest in lithium.
Im holding GXY and GMM and im up 70% over the last 3 weeks, both are solid companies at these prices.
I bought MPJ after a spike and it flattened off. theres potential for rise theyre but its a risky one. made the same mistake as XTV
but pretty much every one has been up over the past couple of months.
Pick a price range and do a bit of research. you cant go too wrong at this stage. lithiums hot stuff for the next few months
>>1206392
Cheers man. I've heard a lot about lithium lately but having been paying too much attention
I'll look into it.
Good luck with your holdings and wish me luck with XTV lol
CUL is supposed to go off today or next week
>>1201397
lithium is a rare-earth metal and is never going to go down.
>pic related
My current portfolio.
I just started on the stock market 2 days ago. Any advice?
>>1207488
forgot pic
>>1207490
>Buying meme stocks
Shit son I wish I had 1.5K to literally throw away.
Real advice: buy and hold something like VHY. Or, if you're dumb enough, buy warrants and bet on ASX50 stocks using technicals. I made 130% just last week from seeing CBA hit 70, buying CBALOC and then selling when CBA rebounded to 75.
Should I buy property in Tasmania?
>Dubs decides.
>Trips overrules dubs.
>Quints and I'll give away all my worldly wealth and go live in the bush subsisting on my own shit for recycled nutritional value.
>only put 500 dollars on IOT
Holy shit GUYS XTEK, get on it! Their tender for the Aus army is going to be announced sometime next month.
This isn't a meme
>>1207672
How do you know this?
>>1207683
xtek also sold some samples to the Aus army, and the Aus army really liked it
xtek is the only firm who tendered for the Aus army for drones and their equipment
it's suppsoed to be announced late this month and early next month, i predict 0.80-1.00 per share.
management has been overhauled since 2012-2014 - new directors has cut out all of the old players which were holding back XTEK. management is getting better and better
>>1207530
I can't wait to leave Sydney...
I'm going to get a settlement of ~40,000 in a few months, what should I do with it guys? I have a car and a 20,000 HECS debt.
Hey Ausbros, I'm looking for some long term options. Currently 22 with $15k in the bank and $3k in shares. Invested in WOW, BHP, NCM, STO previously and just sitting on them. Anything else I should be watching?
>>1207725
For long term, I would recommend you put at least some of your money into index funds and get out of the australian market using ETFs.
Consider VTS for the US market, and if you want something focused on Aus, I like VHY, or also consider VGS for the world ex Aus.
>>1207745
Can I buy them through Commsec? Or do I need another international account?
I hate the shitty AUD fluctuations, I want to be able to travel sometime and not go from rich to poorfag while I am because my stocks are all AUD.
>>1207745
Great, thank you for the advice
>>1207725
Oh and sign up for dividend reinvestment plans or reinvest dividends manually if there is no plan. DO NOT FORGET THIS.
>>1207751
All the ETFs I mentioned are traded on the ASX like any other stock.
Buying international stocks through Commsec is hella expensive, and the process of getting a Commsec international account is a major pain. If you want to trade in other markets, open accounts with a different broker (I use NAB these days).
>>1207692
With a market capital of 9 million, how would a tender worth 1 million double their share price?
Or am I looking at the wrong contracts?
>>1207753
Noted
Is XTV dead or should I keep holding it?
>>1207810
Latest announcement says there was no acquisition, only talks. Because its already sunk id probably wait til July
>>1207810
Yep It's going to go down down down and stay down.
>>1207810
I sold out.
Took a $270 loss but better than losing more.
>>1195993
ETSAPL
ETSMCD
ETSGOA
ETSGOC
Why does the offer and change stay at 0?
You can't buy them? I thought these were ASX versions of American listings but I'm probably wrong.
>>1207861
Still cheaper then a bullshit tafe course. ;)
>>1207869
Those look like call warrants
>>1207985
do research if you're wanting a response - i put 2.5k on it to see if the order will fill but am not really sure if this guy is a shill or not based on what I am looking at.
>>1208190
well you seem to trust it enough to put down 2.5K
you idiot
>>1208198
2.5 if it goes long isn't a bad choice - no info to say the company is going bust so if it holds at this i'll offload.
looking at the sellers / buyers even without news its not unsafe but if it doesn't churn insta-profit it's no drama.
reasons I know you're a pleb: 2.5k isn't make a play money - its meh money.
>>1208216
>i'm heaps rich but i don't know a fucking thing about investing and go off 1 post on an anonymous forum that has no evidence
sure is trust fund baby retard in here
>>1208225
>I'll take what is personal research for 500 Alex.
>>1208234
you already said your research showed you nothing
any thoughts on IOT? they jumped 50% with massive volume and no announcement?
is this company legit? them seem to sell the roam-e selfie camera?
>>1208241
Where did I say that?
I said I didn't know if he was a shill and that I dont trust 4chan that much.
Stability of the share with no negative announcements coupled with the fact its dipped (with speculation of an announcement(which could be bullshit lets be real)) means if the order fills at 36 I will just sell at 39 without any concern.
He gave a tip which may or may not be awesome - but if it turns out not to be theres no indicator the price will drop or then company will crash.
>>1208242
>they jumped 50% with massive volume and no announcement?
Pump and dump. You missed it, stay away.
CNJ up yet another 33%
>>1208257
how do i find companies which are being pumped and dumped. i'm trying to stayaway from hotcopper because usually they announce the news before it's too late, and too many suckers buy into it - losing money and getting duped by the eternal jew
oy vey
>>1208275
>how do i find companies which are being pumped and dumped
That's honestly pretty tough. A lot of pump and dumps happen with no news. For example, MXC this week shot up from 4 cents to 8 with no news and it was of course a dump the next day.
Other companies have news such as XTV that I was jewed on because I'm and idiot. Pumped Wednesday, dumped Thursday.
>i'm trying to stayaway from hotcopper
Good. Only go there occasionally and be very cautious about what they say. They are way too biased about their stock.
>"Gonna go up to 10 cents today boys"
>price drops dramatically
>"Heh, minor set back. I myself have topped up :^ ) get ready for 50 cents tomorrow! $1 by the end of the week!"
Bunch of problem gambler 55 year olds
>>1208257
It wasn't a pump and dump. There are several articles in online newspapers about it being sent to presidential nominees in the US
>>1208309
you might be right. i bout in at 3.2 cents
and there didn't seem to be any dumping towards the end of the day. there website seems nice (in comparison to xtv, which i'm sure must be some sort of joke)
>>1208294
>>"Heh, minor set back. I myself have topped up :^ ) get ready for 50 cents tomorrow! $1 by the end of the week!"
so you cucked out of GXY
Look
-Don't follow crap parroted on the internet.
-Do your own research.
-Avoid scam artist sly talkers who want to bullshit you on stocks.
-Learn from your mistakes.
-Learn how to handle risks and setbacks (things rarely go 100% all the time)
I'm using comsec and my buy parcel was partially executed.. What happens now?
I put buy at 0.049 for 60,000 shares for BAR at 3.59 pm and 50,000 executed now leaving me 10,000.
Can I cancel 10,000 shares that wasn't executed and just keep the 50,000?
>>1208294
Yeah hot copper is just full of fool and scumbags.
>>1208363
It depends on what your order was. If it was Good For Day, then your order will be purged. If it was Good Until Cancelled, then it will stay in the market until you decide to cancel it. Neither costs you any extra fees.
Thoughts on GMM and GXY?
Realistically where do you guys see Lithium miners by the end of 2016? End of 2017?
It seems like too many people to have skin in the game to give an opinion, especially on /biz/ and somewhere like hotcopper or any other online forum - I've heard the supply for Lithium won't catch up to demand until 2018 but the main problem is there just being so many firms competing not all will make it, based on recent dips is it time to go all in?
>>1208363
if you cancel it, it will automatically charge you for the 50,000 shares and the 10,000 will be purged
>>1207810
dump it. I took one look at their website and thought wtf!!! looked at their pdf presentation.... wtf was it designed on windows 95 system. The whole company and it's foundation looks like they are stuck in 1998
Rate my bulletproof idea
-Steal someone's wallet.
-Use their license and Medicare card to create a CommSec account with random address, number
-Sign up for the CDIA account so your bank won't be linked
-Put a million dollars or whatever on a stock that will break out within 2 days
-Sell before T+2 settlement and CommSec are none the wiser
-If you lose money CommSec can't find you, given you take the necessary precautions ie proxies and using public computer etc
>>1208418
FUK
hoping it recovers past 3c so I can ditch it.
I thought this deal with AT&T was the tits and we'd see it hit 10c eventually?
>>1208422
A few of us got burned on that one. Them hot copper fuckers are good at the shill.
There's still a chance it'll go up in July, I'm holding 1k worth personally, bought at .029.
>>1208403
Holding 1k of both. I really don't know what the future holds. but they' ve been good to me so far combined 80% return before the days previous dips.
They're certainly frontrunners for australian lithium behind ORE, if you'll take a look at the price of PLS I think the market will adjust for GMM and GXY being on top, whether that means PLS going down or those two going up further I cant say.
But im still holding so I expect gains
>>1208433
PLS has the second most spudemene in the world. They will be at 3 dollars soon enough
>>1208436
Do you actually think that or are you just wishing for that?
CNJ my friends - happy to say I went in at 2.3 cents on Monday and sold today at 3.7 cents. Very happy.
>>1199786
This is me - and I'm still holding ADV, I think it's got legs.
>>1208450
I was thinking of just leaving my $500 in there for the long haul.
Who knows, maybe they'll pull a producing mine out of their arse next year.
>>1208460
Look I can understand the attraction - hell I missed a few pips today by pulling out when I did. However, my trading strategy is to get the profits out when I can, once a stock has passed a certain point, then reinvest. I made over 50% on this stock in four days, I can re-inject the capital on a down day, or I can put that somewhere else. Hell I can even burn some having a great time and still have the original capital to shove back in.
The profits have to be taken at some point or all you are dealing in is potential profits and not actual cash.
Just my two cents
>>1208466
Agreed. I bought yesterday at .03 and sold today at .036
>>1208433
I got 50k..
Hope there's an upswing in July
>>1208403
Gxy and Gmm will do well. They are currently producing and Gxy has been in the biz for many years and have many connections in the game. Those two in the long run will do well especially gxy
>>1208454
Adv crew
Opinions on TKL guys? Most promising tiny-cap Lithium company I've seen.
>>1208294
are there ANY forums? where can i undertake credible research?
>>1208529
Not really.
You should still read through them, but always question if what they're saying is true.
Remember that this is basically a slightly better form of gambling.
Anyone jumping on the PLS SSP offer?
>>1208929
I've been in PLS from the start up 60%
COME ON Celgene, you cocksuckers! Tell us what you intend to do with your optionon MSB licences! The time was up last week!
>>1208529
http://www.trakaresources.com.au/reports
Have a look into SEG. Only 80km from Pilbara and will take off if they get lucky. Good opportunity to get in on ground zero.
>>1208929
Yes, going in with $15k but it will probably be scaled back big time.
>>1209500
>start
>60%
>>1210181
looks p shit m8. They're issuing shares like candy, with plans to issue more, and I don't see how this company is worth half the current 8mil mcap
>>1210206
It's very high risk for sure. It's definitely an all or nothing stock. I only put in $2k on the back of a tip from sources in Port Hedland.
>>1210211
Sources?
>>1210212
I have a friend in the know who's been in Port Hedland for the last 4 years. Most of the shipping in central/northern WA goes through there. He's been on lithium since 2014 and an absolute fortune.
>>1210181
Start IE, Since I got info on the business and started posting about it on /biz/
>>1210215
So what's his tip based on? Just hearsay? Or does he actually have some real knowledge?
Seg is junk. I'd avoid it if I were you. I would seriously avoid a lot of the lithium virtuals actually especially the junior ones
>>1210181
So if I were to buy this off etrade would the price correlate to the Australian exchanges?
I'm obviously pretty new to this and I've been interested in a lot of Australian and Canadian stocks but it's very finicky to find them on American brokers and the lack of information displayed has me worried that they won't be responsive if the price does rise.
>>1208529
To be honest, and this sounds retarded, but this place has had the best tips for me yet. OFX (15%), CNJ (50 something%) and ADV (not yet sold but already up past the 15% mark).
No real duds, but I do avoid the bullshit calls for some of them, you still have to consider your risk and do your own checking.
Hotcopper is a bunch of fucking shit, don't ever pull a tip from there - responsible for two of my biggest losses.
>>1210220
This looks super speccy.
>>1210525
>Hotcopper is a bunch of fucking shit, don't ever pull a tip from there - responsible for two of my biggest losses.
What makes you say that about hot copper (especially compred to /biz)?
I think it's been interesting to read the shit they put up there but many of the people on there are holders I think?
>>1210525
I haven't bought into any stocks that have been memed on /biz/, but I have created a 'meme stocks' watchlist.
>>1210228
All minerals companies are junk
>>1211431
People there have an abundant amount of bias to their own stock. Talk about the rocket ships blasting off when they're holding like some quasi-esq positive reinforcement technique like "the Secret" or some shit.
Think about. I buy my stock at 0.10 cents, and then I tell you its the next greatest thing, but you can't get it for less than 0.11 cents, which means my value necessarily increases on paper.
I look at some of their stuff, but 80% is fucking dogshit.
>>1211628
This is why it's often best to not talk about your positions until they're closed.
Once you start talking about it you become more and more emotionally invested in your position, and that'll cause you to make bad decisions. And suddenly you could've gotten out with a 5% loss, but you stayed in for a 45% loss instead.
Don't get married to your positions. Divorces are expensive.
>>1206392
>MPJ
MPJ or ASX:KAI which they are renaming too is gaining awareness in the lithium market. They have loged applications for extra tenements in the Pilbara region.
Their tenements are nicely positioned and is going to get intresting, but like you said they are risky but the gains would be be nice!
Their neighbors PLS, DKO and AJM have come back with great drilling results and SP spike high, can't wait for them to start sampling and give us the results we are hoping for!
For those that miss the litium train this can be a start as they are undervalued at the moment and there is potential they follow their neighbors and peers.
DYOR!
