3SOF

What do you think is the potential for this one (do you have any exiting target ?)
                                    thank you in advance

Doubled my position at .235

Quote from: eliteG on July 06, 2005, 12:45:50 AM
starfire, you are getting into a trap I once got in.  Let the indicator analysis go unless you can truly make it secondary.  You must focus on the thing that makes/takes your money..Price and Volume.

I always remember this line:

To gain knowledge, add things everyday
To gain wisdom, remove things everyday

and it means to me:
you can learn things that are unneeded
to truly be wise you must filter through the noise to the essential.

Elite,
Thank you very much for the feedback. That makes it easier! I guess Price&Volume dictate Supply/Demand.

What I like today is that the volume did not quiet down to nothing.  People are definately interested in this stock and they are supporting it .  So I have added to my already sizable position cause I can't help it I really like this play    I'm heading out of the office.  Go NVAS  

Got a bit more today.

Average 0.246

Cheers!

i'm in at 23, this stock will move tomorrow

i got in near the high of the day of course...at .28, but everyone sounds so positive on this stock that even that price should still be good provided all goes the way it is expected..right?

does  anyone know if it will move higher soon...any guess on how high?

thanks...glad to be in.

good luck all!

julia

New out at 1:30 on NVAS

http://thesubway.com/thenews.asp

hope this link works

thanks,

julia

  I thought I'd share this with you:

Statement of Paul Carter, CEO, Novastar Resources in Response to International Atomic Energy Agency (IAEA) Recommendation on the Exploration and Prospecting of Thorium Minerals
07/06/2005 13:30
The following is a statement from Paul Carter, CEO, Novastar Resources, Ltd. (OTCBB: NVAS) regarding the May 2005 IAEA report "Thorium fuel cycle - Potential benefits and challenges," which recommends both the exploration and prospecting of Thorium Minerals to enhance global supplies:

"We are very pleased and encouraged to learn that such an honorable and well respected organization as the IAEA has found the benefits of Thorium as a safe nuclear fuel great enough to warrant a recommendation for the acquisition of Thorium mineral properties around the world. We have known of these benefits for some time now and they are the driving force behind Novastar's business model. As a result of the IAEA's recommendations and support, Novastar will continue to aggressively pursue economically viable Thorium properties and stockpiles. The company has established a corporate goal to position itself as a significant global supplier of Thorium compounds in anticipation of increased global demand, as governments around the world consider the incalculable environmental and economic benefits of Thorium utilization."

The report cites the numerous environmental and social benefits derived from using the Thorium fuel cycle to generate nuclear power. The IAEA noted that despite the fact that Thorium is more abundant in nature, global stockpiled Uranium reserves are three times greater than Thorium reserves. As a result, the International Atomic Energy Agency officially recommended that activities on exploration and prospecting of thorium minerals need to be augmented all over the world (p. 90, (i) Recommendations).

The full IAEA report, can be accessed via the web at:

http://www-pub.iaea.org/MTCD/publications/PDF/TE_1450_web.pdf

Furthermore, the Thorium-Cycle can effectively and efficiently power electricity generating nuclear reactors, while greatly limiting the production of weapons grade Plutonium (Pu 239) along with other toxic transuranic waste bi-products. Also, all of the mined thorium is potentially useable in a reactor, compared with the 0.7% of natural uranium, so some 40 times the amount of energy per unit mass might be available. Therefore, the thorium fuel cycle, with its potential for breeding fuel without the need for fast-neutron reactors, holds considerable potential long-term. It is a key factor in the sustainability of nuclear energy.

About Novastar Resources

Novastar Resources, Ltd., is a global supplier of commercial grade Thorium compounds and rare earth elements. Thorium is a naturally occurring nuclear energy source more efficient and far less radioactive than Uranium. The company's stock is traded and quoted on the OTC Bulletin Board under the symbol NVAS. Additional information is available on the company's website at www.novastarresources.com.

Cheers!

hmmm..isn't todays news positive?  why the drop in price after it came out? 
Is this still looking normal?

appreciate any feedback.

thanks very much,

julia

Same question here.  I am in at .235............but this is continuing to fall. 

I am not sure why the drop in price, This does not seem like a healthy pullback to me.

It's strange... and it's hard 
But sometimes the market works like that...

From a TA point of view, a pullback is normal, the .21/.22 price level should work has a support, .18/.19 is another support...

I'm holding this one... it would not be the first time to watch a pullback like this before another big white candle...

can someone answer this for me?

if the BID on a stock is "x" and the ASK is "y", and I'm putting in a sell order for less than "x", but not getting filled, what could that mean??

thanks!

It means you are screwing the rest of our profits! lol .    Probably that their are others in line before you.