Once in a blue Moon.

[Robo(sydney)]

Well Guys...you wait an eternity for the lucky mining stock to give you a boost...and I think that this time around its fallen my way...
My accountant calls me 2 days ago and encourages me to by AUM(Australian Mining investments). Its about midday, I'm at work and not enough time to read up on it so on a wing and a prayer(and his trustworthy advice) I buy in 5000 units at $3.24.This seems high risk since the stock was around 50 cents only 4 weeks ago....
Then the rollercoaster began...it finished at 5.20 that day....next day opened at $7.15 and rose to $10.00 after 1 hour of trading before it was placed on a trading halt...currently $7.11...
It should re-open tommorrow and from all info avaialble the discoveries of copper are fair dinkum and accurate..so who knows where it will end up...
I will be glued closely to my laptop at 1000 tommorrow...as soon as it starts to dip I'm outer here...take the money and run....
A very nice way to start off the new financial year...and a reward will be awaiting my very kind accountant friend..
Must book a trip back to LOS too..
see ya

[aussie dollar]

http://www.theage.com.au/news/busine...778936474.html

good luck just remember to get off the rollercoaster before it makes you sick !!!!!!!

my way is to sell some stock at high price to cover "buy" cost and that way keep some free stocks,only problem is capital gains tax

[marc26]

Originally Posted by Robo(sydney)

Well Guys...you wait an eternity for the lucky mining stock to give you a boost...and I think that this time around its fallen my way...
My accountant calls me 2 days ago and encourages me to by AUM(Australian Mining investments). Its about midday, I'm at work and not enough time to read up on it so on a wing and a prayer(and his trustworthy advice) I buy in 5000 units at $3.24.This seems high risk since the stock was around 50 cents only 4 weeks ago....
Then the rollercoaster began...it finished at 5.20 that day....next day opened at $7.15 and rose to $10.00 after 1 hour of trading before it was placed on a trading halt...currently $7.11...
It should re-open tommorrow and from all info avaialble the discoveries of copper are fair dinkum and accurate..so who knows where it will end up...
I will be glued closely to my laptop at 1000 tommorrow...as soon as it starts to dip I'm outer here...take the money and run....
A very nice way to start off the new financial year...and a reward will be awaiting my very kind accountant friend..
Must book a trip back to LOS too..
see ya

sounds like an insider trading enquiry could also be in your accountant's future. sounds dodgy as hell, sorry to say

[dawsey]

Originally Posted by marc26

sounds like an insider trading enquiry could also be in your accountant's future. sounds dodgy as hell, sorry to say

Does look very much like the accountant knew beforehand. Is there any way Robo's purchase can be traced back to his accountant? I'm assuming he was clever enough not to have used a contract cell phone or a land line to suggest this purchase.

[Izzy]

It sounds dodgy on the outset just from reading his post, but it was a well published story in Aus for past couple of weeks on the huge (and were talking possible biggest copper mine in the world) discovery by this tiny copper company..looks like just jumped in on some huge buying,

http://www.theaustralian.news.com.au...49-643,00.html

Note: There are some questions as to the size...but the news was all out there for all to read so no insider info needed to get in

[marc26]

Originally Posted by dawsey

Does look very much like the accountant knew beforehand. Is there any way Robo's purchase can be traced back to his accountant? I'm assuming he was clever enough not to have used a contract cell phone or a land line to suggest this purchase.

well, if his accountant is a registered financial planner or something and robo is his client, than yes
but sounds like it was just a friend
anyways, i was just joking somewhat, but does look funny

[marc26]

Originally Posted by Izzy

It sounds dodgy on the outset just from reading his post, but it was a well published story in Aus for past couple of weeks on the huge (and were talking possible biggest copper mine in the world) discovery by this tiny copper company..looks like just jumped in on some huge buying,

http://www.theaustralian.news.com.au...49-643,00.html

like i said to dawsey, i was just busting chops
i didnt even go and read about the stock

[aussie dollar]

to my knowledge insider trading has only been to the courts twice in australia,its pretty hard to police.
As stated this stock and other in the same field,have been rising for some time.
his advisor got in at $3.24 not 50 cents as it was 4 weeks ago IMHO no insider trading.


Date Open High Low Close Volume Cumulative
Dilution Factor
06-Jul-2006 7.1100 7.1100 7.1100 7.1100 0 1.0000
05-Jul-2006 7.1500 10.0000 6.8200 7.1100 5,855,270 1.0000
04-Jul-2006 3.5000 5.2500 3.4900 5.2500 7,876,102 1.0000
03-Jul-2006 2.8800 3.2700 2.8600 2.9300 2,201,032 1.0000
30-Jun-2006 2.6700 2.8900 2.4100 2.7000 1,595,256 1.0000
29-Jun-2006 1.7950 2.2400 1.7950 2.2400 2,380,652 1.0000
28-Jun-2006 1.6800 1.8150 1.5000 1.7800 1,280,135 1.0000
27-Jun-2006 1.8300 1.9200 1.6900 1.7300 1,071,911 1.0000
26-Jun-2006 1.4700 1.7700 1.4700 1.7450 1,117,853 1.0000
23-Jun-2006 1.4900 1.5000 1.2500 1.4200 684,095 1.0000
22-Jun-2006 1.4300 1.5600 1.4200 1.4600 1,474,293 1.0000
21-Jun-2006 1.2200 1.3600 1.2200 1.3400 1,366,894 1.0000
20-Jun-2006 1.1300 1.3250 1.1200 1.2200 922,754 1.0000
19-Jun-2006 0.9750 1.4100 0.9750 1.0900 1,671,586 1.0000
16-Jun-2006 0.7600 1.0100 0.7600 0.9750 1,578,480 1.0000
15-Jun-2006 0.5700 0.7500 0.5700 0.7500 621,983 1.0000
14-Jun-2006 0.6000 0.6000 0.5300 0.5900 270,040 1.0000
13-Jun-2006 0.5900 0.6200 0.5700 0.6050 415,852 1.0000
09-Jun-2006 0.5700 0.5800 0.5250 0.5800 467,942 1.0000
08-Jun-2006 0.5650 0.6300 0.5650 0.5700 984,711 1.0000
07-Jun-2006 0.5300 0.5700 0.5000 0.5700 908,287 1.0000
06-Jun-2006 0.4200 0.4900 0.4050 0.4900 919,800 1.0000
05-Jun-2006 0.3850 0.4150 0.3850 0.4150 631,400 1.0000
02-Jun-2006 0.3900 0.4000 0.3700 0.3800 260,335 1.0000
01-Jun-2006 0.3700 0.3900 0.3700 0.3800 257,930 1.0000
31-May-2006 0.3200 0.3800 0.3200 0.3750 322,000 1.0000
30-May-2006 0.3150 0.3250 0.3150 0.3150 116,278 1.0000
29-May-2006 0.3150 0.3150 0.3150 0.3150 16,000 1.0000
26-May-2006 0.3000 0.3000 0.2900 0.3000 69,730 1.0000
25-May-2006 0.3100 0.3100 0.3000 0.3000 95,135 1.0000
24-May-2006 0.2900 0.3150 0.2900 0.3150 231,745 1.0000
23-May-2006 0.2900 0.2900 0.2900 0.2900 267,800 1.0000
22-May-2006 0.3000 0.3000 0.2900 0.2900 229,000 1.0000
19-May-2006 0.2900 0.3000 0.2900 0.3000 163,000 1.0000
18-May-2006 0.2900 0.3000 0.2900 0.3000 117,000 1.0000
17-May-2006 0.3050 0.3450 0.3000 0.3000 99,168 1.0000
16-May-2006 0.3150 0.3150 0.3000 0.3000 429,505 1.0000
15-May-2006 0.3400 0.3400 0.3150 0.3150 140,650 1.0000
12-May-2006 0.3200 0.3400 0.3200 0.3400 66,900 1.0000
11-May-2006 0.3250 0.3300 0.3100 0.3300 149,000 1.0000
10-May-2006 0.3300 0.3300 0.3100 0.3200 146,000 1.0000
09-May-2006 0.3050 0.3300 0.3000 0.3100 188,428 1.0000
08-May-2006 0.3350 0.3350 0.3150 0.3150 142,750 1.0000
05-May-2006 0.3300 0.3300 0.3200 0.3300 108,000 1.0000
04-May-2006 0.3400 0.3400 0.3250 0.3250 152,700 1.0000
03-May-2006 0.3500 0.3600 0.3400 0.3400 167,500 1.0000
02-May-2006 0.3350 0.3400 0.3350 0.3350 51,250 1.0000
01-May-2006 0.3550 0.3550 0.3400 0.3400 89,900 1.0000
28-Apr-2006 0.3500 0.3550 0.3400 0.3550 168,200 1.0000
27-Apr-2006 0.3500 0.3500 0.3500 0.3500 62,308 1.0000
26-Apr-2006 0.3600 0.3600 0.3600 0.3600 38,000 1.0000
24-Apr-2006 0.3600 0.3600 0.3500 0.3600 141,369 1.0000
21-Apr-2006 0.3650 0.3650 0.3550 0.3600 283,968 1.0000
20-Apr-2006 0.3800 0.3800 0.3650 0.3650 77,066 1.0000
19-Apr-2006 0.3750 0.3850 0.3650 0.3750 189,183 1.0000
18-Apr-2006 0.3750 0.3750 0.3550 0.3550 162,505 1.0000
13-Apr-2006 0.3700 0.3700 0.3500 0.3500 218,049 1.0000
12-Apr-2006 0.3800 0.3950 0.3700 0.3700 145,992 1.0000
11-Apr-2006 0.3750 0.3800 0.3700 0.3800 59,700 1.0000
10-Apr-2006 0.3800 0.3800 0.3700 0.3800 52,245 1.0000
07-Apr-2006 0.3950 0.3950 0.3850 0.3950 205,661 1.0000
06-Apr-2006 0.4000 0.4100 0.3900 0.3900 236,510 1.0000
05-Apr-2006 0.4000 0.4100 0.3950 0.3950 328,000 1.0000
04-Apr-2006 0.3900 0.4100 0.3800 0.3850 210,082 1.0000
03-Apr-2006 0.3950 0.4000 0.3850 0.3850 111,249 1.0000
31-Mar-2006 0.3800 0.4000 0.3650 0.3850 94,500 1.0000
30-Mar-2006 0.3900 0.3900 0.3600 0.3850 116,205 1.0000
29-Mar-2006 0.4400 0.4800 0.3750 0.3750 1,490,708 1.0000
28-Mar-2006 0.3800 0.4000 0.3700 0.3850 242,600 1.0000
27-Mar-2006 0.3900 0.4000 0.3800 0.3900 203,924 1.0000
24-Mar-2006 0.3400 0.3900 0.3400 0.3900 315,117 1.0000
23-Mar-2006 0.3250 0.3300 0.3250 0.3300 65,000 1.0000

[Robo(sydney)]

Yes guys...sounds stenchy..but the stock over-performed before I got in....and just kept rising.I hesitated but threw some money behind it because it was in the news...and I love when small cpmpanies are given massive exposure in the media..
I truely believe that it will hit a correction and fall back to where it should be..but in the meantime enjoy the ride.
I've lost money in the past with stocks that have promised so much but delivered very little...
Yes my accountant has been registered for some years now and also is a friend of mine(grew up together)..and on landlines were used during our conversations..
Well the theory of playing with your gains is a nice one and this is where I will be heading hopefully once it re-opens..currently suspended....
another day at the office....hope my broadband keeps pace..

[aussie dollar]

http://www.asx.com.au/asx/research/C...Code=AUM#chart

[JayBee]

Originally Posted by Robo(sydney)

Yes guys...sounds stenchy..but the stock over-performed before I got in....and just kept rising.I hesitated but threw some money behind it because it was in the news...and I love when small cpmpanies are given massive exposure in the media..
I truely believe that it will hit a correction and fall back to where it should be..but in the meantime enjoy the ride.
I've lost money in the past with stocks that have promised so much but delivered very little...
Yes my accountant has been registered for some years now and also is a friend of mine(grew up together)..and on landlines were used during our conversations..
Well the theory of playing with your gains is a nice one and this is where I will be heading hopefully once it re-opens..currently suspended....
another day at the office....hope my broadband keeps pace..

Sometimes, big balls = big rewards. Looks as if that stock was selling at 29 cents 6 weeks ago. Yet you jumped in with both feet at 5000 shares, even though it was already up 1000% in 6 weeks time. Good job, Robo!!!

Just think if you were the lucky/smart? guy who bought 5 or 10K shares at 0.29!

[Robo(sydney)]

Originally Posted by JayBee

Sometimes, big balls = big rewards. Looks as if that stock was selling at 29 cents 6 weeks ago. Yet you jumped in with both feet at 5000 shares, even though it was already up 1000% in 6 weeks time. Good job, Robo!!!

Just think if you were the lucky/smart? guy who bought 5 or 10K shares at 0.29!

Spot on..investing 8 weeks ago would have been the bomb..
But unfortunately can't keep my eyes and ears focused on stocks 24/7.
Before I bought in I ask myself how much of a loss could I absorb and then decided to go for it because the reports that were released were very impressice...
Since Thu I have been reading up about the lucky ones...some hold options in the stock to be excised at only 20 cents...and hold 250000...now he/she is definately having sleepless nights.
Good luck to all who hold...its about time the small punter got his hands on some cash(I hope)..

[ub2yoo]

Originally Posted by JayBee

Sometimes, big balls = big rewards.

I was about to buy Google shares when they went IPO for 90$.
...didn't have the balls and now they are 420 $

When I look in the mirrow now I could slap my face...every once in a blue moon ... and I could have been sorted by now. Bummer !

Greetings

ub2yoo

[aussie dollar]

change of company name to CuDeco now $2.93