Lodestar Investment Hldgs Corp
#21
(06-21-2011, 11:13 PM)Luc23 Wrote: uy, good news po ba yan Ma'am Ruach? Bought this stock @ .89 earlier. Smile

Naku, di advisable ang stock na ito if you are not familiar with this one. I hope you bought some board lots lang. Jockeyed stock ang LIHC.

Since you bought it na, just think about how much is your tolerance if this goes down from your buying level. Never, ever let your eyes off this stock because it can go up and can also go down fast.

As for you, I hope this level holds. Net Loss ang Company na ito besides as you can see from the news, LIHC has a heads agreement with ABA (Abacus Consolidated) who holds LIHC shares.

Part of their agreement is that LIHC is at 0.90/share so if ABA decides to sell all their stake for LIHC, possible ma-hit ka if ever may sell down bigla sa stock na ito.

I knew about their agreement since last year pa. When LIHC is below 70 cents okay lang coz in one way or another it has to go up to 90 cents but at 89 cents, all I can say is at all cost protect your money/capital from this stock.

Also, if you look at the DOE attachment, matagal pa exploration of a mining company before they can sell. Just look at the work program because it takes time to dig under the ground, extract the minerals before you can sell which in turn will give the company profits.

That is why, mining companies who still have their permits or obtaining their permits has a long way to go before becoming operational and generating revenues.

Also, I just copied from the article I posted, it states that:

" In the first quarter report of Abacus Consolidated, the parties expected to complete the acquisition within the second quarter."

So if second quarter, it means up to June 2011. If that is the case, Abacus Consolidated (ABA), might be selling slowly this stock at above 90 cents level. If you look at the brokers historical transaction, although I don't monitor this stock anymore, I know there are a lot of cross transactions.
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#22
(06-21-2011, 11:36 PM)Ruach Wrote:
(06-21-2011, 11:13 PM)Luc23 Wrote: uy, good news po ba yan Ma'am Ruach? Bought this stock @ .89 earlier. Smile

Naku, di advisable ang stock na ito if you are not familiar with this one. I hope you bought some board lots lang. Jockeyed stock ang LIHC.

Since you bought it na, just think about how much is your tolerance if this goes down from your buying level. Never, ever let your eyes off this stock because it can go up and can also go down fast.

As for you, I hope this level holds. Net Loss ang Company na ito besides as you can see from the news, LIHC has a heads agreement with ABA (Abacus Consolidated) who holds LIHC shares.

Part of their agreement is that LIHC is at 0.90/share so if ABA decides to sell all their stake for LIHC, possible ma-hit ka if ever may sell down bigla sa stock na ito.

I knew about their agreement since last year pa. When LIHC is below 70 cents okay lang coz in one way or another it has to go up to 90 cents but at 89 cents, all I can say is at all cost protect your money/capital from this stock.

Also, if you look at the DOE attachment, matagal pa exploration of a mining company before they can sell. Just look at the work program because it takes time to dig under the ground, extract the minerals before you can sell which in turn will give the company profits.

That is why, mining companies who still have their permits or obtaining their permits has a long way to go before becoming operational and generating revenues.

ahaha! naku, yari pala ako dito. maraming salamats sa explanation Ma'am Ruach! Big Grin onte lang naman binili ko dito kanina, gusto ko kasi ng may dine-day trade ako e para di masyado ma-bored sa kaka-hold ng iba. don't worry, very active naman ako kaya I'll watch this very closely. I'm planning to sell it @ around 0.92 tom(hopefully). Malakas naman ako sa Itaas e. hehe. Angel
~In all your ways, acknowledge God.

Initializing Bazura Mode...
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#23
Sirs and Mams, may disclosure ulit dito.

Acceptance by ABACOAL of DOE approval of conversion of Coal Operating Contract 148 to Development and Production Phase:
http://www.pse.com.ph/html/disclosure/pd...5_LIHC.pdf

~In all your ways, acknowledge God.

Initializing Bazura Mode...
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#24
That is the same disclosure as ABA that states that they accept the terms and conditions. Why do they have the same disclosure? It is because LIHC is acquiring the coal property of ABA in exchange for LIHC shares which they will sell at 0.90/share (premium price) in order for LIHC to complete the acquisition of the coal property. Read again the news I posted.

As of now, all I can say is if anyone holds this stock, sell. If they move this up, my advise is still sell. I hope I am wrong but please protect your capital and make sure di kayo maiipit dito dahil pag ito bumagsak, matagal ulit ang recovery as you can see from the historical chart of LIHC. Pag dumami ang sellers dito at wala masyadong buyers, ripple effect downwards ang mangyayari.
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#25
What's up LIHC biglang buy up si chucky ulit hehe from .86 to .90 hehe
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#26
Baka kailangan niya kumanta ng abracadabra.... Smile
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#27
arfff.. ilang araw ko din to binabantay.. hindi ako nakabili.. hihi. tagal ma done sa .86..
when GOD steps in, MIRACLE happens.....

It's more fun in FOREX!!!

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#28
ako sa .85 support hehe
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#29
Paging AT....where are you? You know what I said...
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#30
...amats! wag ka makinig kay madam mo Big Grin hihih biru lang...if you need to get out, get out na...decent profit or not...a good time to sell is when there are plenty of buyers...this day is one of them...observe mo ng mabuti and then you decide ok?


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