Create a New Forum Admin Login Member Login Contribute to Voyager Search VoyForums Help Desk VoyForums Exchange VoyForums Directory/Categories VoyForums Homepage VoyForums News FAQ - Frequently Asked Questions

[ Show ]

Support VoyForums

[ Shrink ]

VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1 ]

Subject: Re: ERG Author: Steve Bonkers. [ Next Thread | Previous Thread | Next Message | Previous Message ] Date Posted: 03:39:23 02/19/02 Tue In reply to: salus 's message, "ERG to do a DVT?" on 09:49:22 02/18/02 Mon Hi Salus as Patrick Hammond said of Ozestock said----there are people still doing the markets the way they were in the crazy period (December 99 through March 2000) this is not now the way to make money----it is making money slowly now---ERG is not a straight out buy it is accumulate with a time view---if a time view is taken the stock is cheap--the goal is not (while nice) to make ten cents quickly---ie National Nominess while CAT was 4 dollars---over a period of months bought 70.000--they are now 5 dollars. At Hotcopper unlike Stockhouse people work together--the analysis posted at Ozestock is the work of ten people with me doing the writing-the end result of researching and conclusion arrived at is ERG are unlikely to fall much below 40c--since then the lowest they have been is 36.5c-------so then the trend as stated is accumulate---in the words of Huntley Investors magazine--suit a person who likes some higher risk and understands that----basically with ERG all it is doing s growing itself as a company there is no gain without a bit of pain to the shareprice-----the rest that happens is just sentiment which can be either good or bad in the paper. Further it is not a momentum trade it is in a bearish sector, the sector I believe is beginning to show signs of life, if you want a bullish sector (right this minute) gold would be better---ie 90 days ago no one wanted Portman Mining now it is opne of the best performers on the ASX----ERG is in the 20 worst peformers on the ASX--what will the next ninety days bring? On the short term right now (dated 19/2/2002) both the A and K Stochastic lines are travelling north---showing accumulation they crossed over each other a while back (divergence) all positive. (refewr posts 1.600 and 1.601--Ozestock.) Cheers,--Bonkers. --------------------------------------------------------- [ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

Subject Author Date Re: ERG Steve Bonkers. 04:09:30 02/19/02 Tue Re: ERG -- Steve Bonkers., 06:30:38 02/19/02 Tue Re: ERG -- Steve Bonkers., 09:36:03 02/19/02 Tue Re: ERG -- Steve Bonkers., 09:38:49 02/19/02 Tue