T O P

Market Open thread for General Trading and Plans for Wednesday, May 10, 2023

InterestingShow1112

Catching up on the day -1.58% on close thanks to a combo of CDT, MNS, RNU and VML. Also Got my IHL options offer - do I waste the “Your Full Subscription Amount: $0.16” 😂 Or throw some $$ at this. $0.25 seems more realistic than $1 or higher atleast.


masterpadawan1

For the lithium boys, Allkem and Livent $10bn merger https://www.afr.com/street-talk/asx-listed-lithium-company-allkem-inks-us10-billion-merger-sources-20230508-p5d6jq


CapitalismWorship

Look at how far our boy has come. I remember when my dad bought a few thousand GXY in 2017 for 18-19c.


FruitfulFraud

No shit. I have A LOT of AKE. Exciting times!


kervio

Huge! I always thought that if something happened to PLS, like a takeover or buyout, then I'd just get into AKE with the gains, but now? CXO? 😮‍💨


Mysterious_Value_764

tAKE my AKE


yothuyindi

nice, pump my AKE bags plz big US daddy 😍


AntiCGT

Surprising, not overly keen on the idea but details yet to come.


ewanelaborate

This might encourage me to jump back into GLN tomorrow.


AltruisticCurtains

US CPI figures out tonight, 10.30pm AEST


WeatherOutside

Ill be waiting up with my slippers on and cup of milo


Markma1989

The market is set to go down no matter what the cpi figure is. I have a feeling that sp500 is going to 3000 points in a few years.


AltruisticCurtains

Never change, Markma.


Markma1989

But deeply you know I’m right.


AltruisticCurtains

I choose to stand by my baseless and abundant optimism that the worst has passed and there will be no recession.


SugeKnight_StandOver

Give us our copium!


AltruisticCurtains

Currently hopium, for what, I'm not sure? Something better than expectations because expectations are not offering a lot.


anomaly256

I'm thinking of going against the grain and not looking or caring before market open tomorrow


Moon-Runner

AGY finishing strong.


[deleted]

[удалено]


Moon-Runner

SYA ?


Comfortable_Fox1

MAY be I shouldn’t fomo…


scorpio_

NVX pumping today = risk is back on 🚀


YungSoph31

what a day for AJQ


SponsorOfSprite

Yummy to see BGD going on a run today!


ewanelaborate

u/debtandregret you having a good day? Fuck all you cunts with an underscore, Astrix and numbers in your name. Espcially the very insightful tassels fish poster begining with a 9 and has a F in the name. I've gone to tag you several times about different movies related to salmon and I can never find you.


alllrandom

And the seemingly endless Adjective\_Noun#### people. I still don't remember BLM approval guys name because of this.


ewanelaborate

I firmly believe these people automatically exclude themselves from being immortalised in an abbreviated ticker within the sub. Eg; WVJ BM7 and I'm making this up but JSWF ( he can have a nasdaq one due to the global outlook.


alllrandom

You got that right EEL.


ewanelaborate

Thanks ARM


mccracken_brother

Where’s old mates daily post about the overdue IXR mining licence?


Dude_Chucks

Patience grasshopper


Mobile_Community8561

Sold out of BHP and Rio and ready to throw it on MAY. I'm gonna hedge my bets though and put half into IVZ for diversification


[deleted]

[удалено]


Mobile_Community8561

Your username sounds like a bad omen. But honestly, I don't see this China re-opening as being the great catalyst for IO surging as was being touted months ago. Equities are currently priced on rate cuts expected within the next few months, those are not happening and a re-rate is coming, if the rate cuts do come it's because we are in a recession and those valuations aren't holding during that period. I'm only young and overall the amount of money ill put into them isn't huge but if either of them can succeed, it will be worth a lot more me in the long run. TLDR, still young, it's not a huge amount of money and I have other staff investment and at this time id rather chance for the moon instead when I'm older and have more responsibility


Chemistryset8

Dividend reinvestment young grasshopper


[deleted]

[удалено]


Mobile_Community8561

I've got no problem with those stocks either (edit* got no problem with people in a similar spot holding those stocks or even an ETF), absolute powerhouses just where I am at this point in life I feel I have time to make some risky bets. If they work out I'd be withdrawing the amount I put in and move that into super/towards a house as well


Sunvmikey

Some people want to retire early / in the next 10 years


FameLuck

Buy high


Mysterious_Value_764

So wise


alllrandom

Started off smoking joints....moved to heroin


Mobile_Community8561

I was told this was crack!


javeron_3

APX…. 😥 -25% in one day….


Qambi1

Dame. Watta dog


throw23w55443h

Guess AGY was a buy the other day when I chose not to buy it.


Moon-Runner

AGY is always a buy


AppleSalty2916

0.17% up for the day. CLOSE THE MARKETS FOR THE LOVE OF GOD CLOSE THEM


eucalyptusmacrocarpa

Start the car!!!!


Marvo13

Delta Lithium....up 22% since Monday. What is going on?!


SugeKnight_StandOver

Lithium hard cock


cameltrowe

I like it has a ring to it


[deleted]

[удалено]


Calm_Lengths

It's a reverse cup and handle!


anomaly256

2 traders 1 cup


Fresh_Slip5535

I just sold half my PLS, thinking it will pull back a bit with some profit taking happening, hoping to jump back in at about $4.20


SnooDonuts1536

Smart man Buy at $2


Apotheosis

Doubt it will ever get there again.


Mysterious_Value_764

You'll need the Delorean up to 88mph for that buy.


bah_nah_nah

WBT on the trot


biowza

Feels weird man, after a lot of hesitation, just pulled the trigger and sold off the last of my WBT (4000 shares) at $7.50. Been holding for around 2 years. Great company & management and wish holders all the best but I see myself as more of a PLS-bull going forward and need the cash in the account for any dips. Also heading to Thailand this Saturday so the extra cash is going to be welcome. I sold myself down from around 12,000 shares at 8.15, 7.50, 6.50 and 5.50 with this being the final parcel. All the best WBT gang, enjoy the ride, let me know if the moon women are as loose as they appear in my dreams.


Take1tez

Not selling at 8.21 . . . Rookie


SugeKnight_StandOver

Lock it in Eddie Congrats


kangaroute

fkn well done on the weebit trades have a good holiday


biowza

Thanks mate 🤙


FameLuck

Geez, looks like it's time for another round of 'free blisser_the_sniff!'


anomaly256

Did he try to sneak another photo of his balls disguised as a meme onto the sub? Edit: just noticed my phone had the Reddit app open from earlier before the censorship - I was half right, just 1 ball


Take1tez

Glowing green dicks back on the menus bois


No_Consideration1811

Guys, my rent just increased to 70% of my income (but the rental crisis isn't a worry, right?). Now if all my speccy stocks could rocket to the moon like bez did (should have bought more), that would be great!


kangaroute

a cardboard box under a bridge will have rent equal to 0% of your income. no rental crisis and more money for speccys. win win


FameLuck

Shelter is overrated.


johnwicked4

I question your financial decisions solely because you post on this subreddit.


kangaroute

predjudism right there


isthatthetime81

Where my PEN14 crew at?


whenami-whyareyou

PEN10, only thing in portfolio that’s green. It helps that it’s also a whopping 10% of it too… /resumes foetal position


isthatthetime81

Yep nice to see something go green.


SnooDonuts1536

Lowe: let’s rocket the interest rates to beat the inflation Chalmers: let’s hand out free money to beat the inflation


ewanelaborate

I know the budget threads over but Nearly all handouts mentioned have been provided with fairly strict criteria and gives the appearance of helping the most vulnerable such as concession card holders, pensioners, those that already required rent assistance and lower income families. The reason I say appearance is because inflation has began to hit some of the middle class but would be ripping apart the lower. Truthly the handouts do very minor with current costs of living. There seems very little that is inflationary, if anything it just normalises some of the sticky parts causing the stagflation narrative to continue. If they went hard on stimulis ( which really given inflation they havent) you'd be seeing some fairly swift action from the RBA. Next rate rise won't be a rise. It'll be a hold.


panicboy333

BUB have fired their CEO: Failure to comply with reasonable Board directions. I wonder how reasonable.


rhythm34

i checked hot copper for the inside scoop, someone comparing it to when their kid's kindy teacher wouldn't show receipts for expenses 💡


SatansFriendlyCat

"Sort your shit out, cunt" "*No*".


comninos

Uranium to the moon ☢️☢️☢️


L00puoq

Tell that to LPD


LukeGoodnadress

I very slow today what has Lepidico got to do with Uranium?


L00puoq

My bad guys... too much research from my end.


arisu_gganbu

I literally can't. 5 mins in and they have a Dr Vicki Bogan. 💀


kangaroute

keep at it you might get some good recipes


CapitalismWorship

Just saw on LinkedIn that Dean Taylor, former director of DW8 is now running a strategic investments consultancy firm named, "Raise the Bar Investments". This is in addition to his corporate advisory firm called "Trans4mation" which helps companies do capital raisings below $50m. It's crazy that his key achievements on LinkedIn doesn't list "bailed out of DW8/Kaddy before the entire company went into receivership, and manufactured a consulting agency out of thin air to retain a whiff of legitimacy". It's a joke. Also, if you see these companies being considered as consultants for your speccies, RUN.


Ruskiwasthebest1975

Maybe he should have called it “Raise the Capital Investments”


arisu_gganbu

Bout to start watching. Eat the rich. Gamestop saga


Crumpy88

Don't be coming in here tomorrow trying to wrangle your own short squeeze


arisu_gganbu

The only thing I'm short squeezing is my 🍆🤣


Crumpy88

idgi


arisu_gganbu

Yes you do


yothuyindi

market so boring atm, my portfolio has been flopping around doing fuck-all for the past 6 months 😴 bring on the price-sensitive announcements that will no doubt end in big losses on good news again please 🤞


Razorzej

Same. Last the market hit bottom right around mid-June, so looking forward to doubling down on a few things at that time.


BigJimBeef

Mines been sliding since February. 2022. 🤡


Calculated-Punt

☢️☢️⚛️ thank you Bank of America for being bullish on uranium and boosting up the yellow cake gang stocks: DYL ⬆️ 14.5% LOT ⬆️ 13.5% AGE,BMN,PEN ,SLX⬆️⬆️⬆️ 10%+ It's been a slow sideways 9months ☢️☢️☢️


ShortBottom_LongTop

inject that Uranium straight to my veins!


HideTheT2BarryComes

9 months ago was the peak: Ticker | 10/05/2023 | 09/09/2022 --- | --- | ---- | ---- DYL | 0.64 | 1.24 | -93.75% PDN | 0.7 | 0.93 | -32.86% BOE | 2.85 | 2.89 | -1.40% BMN | 1.49 | 2.26 | -51.68% PEN | 0.16 | 0.2 | -25.00% If only you said 8 months ago...


YouHeardTheMonkey

Those dates are well off.


HideTheT2BarryComes

well fuck me can't do anything right today, let me edit again


Glittering_Praline20

You might wanna check those figures chief


HideTheT2BarryComes

% are hard let me edit


kervio

We both know you belong with pumping uranium. You’re part of this work, the thing that keeps it going. If that rocket leaves the ground and you’re not with it, you’ll regret it. Maybe not today. Maybe not tomorrow, but soon and for the rest of your life.


Calculated-Punt

I'll be around for a while yet. The real growth and gains isn't made in months but years.


ZarousLUL

Are you still invested in LPD? Or have you sold your stake of shares in the company?


Calculated-Punt

Sold out on the announcing of the cap raise. The board straight up lied about not planning to raise til 2024. That was final straw over a long hold period (since 2017)


YouHeardTheMonkey

Dip purchases on BMN @$1.40 & DYL @ $0.55 validated, for now.


Marsvoltian

'Sideways', I thought I'd list out PL on my Uranium tickets after today's surge. BMN -47.16% BOE +364% DYL -39.80% EL8 -35.45% LOT -33.18% PDN -22.21% PEN -22.93% BOE I bought years before the others clearly haha


Calculated-Punt

Depends went you boarded. For I and others initial buying was October 2020 with ongoing accumulation over last 3 years. Current positions PL: BOE: +298% LOT: +103.4% EL8: +15.7% DYL: +13.4% BMN: -0.76% I sold PEN and AEE during last year for a slight profit and neutral respectively. Initial posts on uranium in this sub date back to mid 2020


Marsvoltian

Yeah I know, it wasn't about when I boarded. They straight up haven't traded sideways for 9 months though with the exception of BOE. DYL, EL8, BMN, and LOT reduced by 40-45% during that period


masterpadawan1

PEN15 squad rise up


kangaroute

my PEN 15 exceeding expectations.


Blisser_the_Sniff

This little lamb has been silenced again. Not just happenstance, it’s targeted now.


anomaly256

Always a weird day when HZR is my best performer. Think I'll get a burger for lunch.


FameLuck

I had Hello Harry'a last night. They somehow managed to put a whole burger in my order of sugar with cheese


SatansFriendlyCat

Looks like they slipped something else in there as well. Now that's value!


No-Knee-4576

Just DCA at open this morning Hoping they get their fingers in some of the government funding announced. Some great announcement this week Solid volumes today already hit 1m volume not been there for a while.


scorpio_

Pumping on the govt funds that they will never receive 🚀


houli_dooli

which Hydrogen plays are going to benefit from govt budget funds?


Razorzej

WDS?


ZuperElectro12

Probably just FMG, fortescue and that big iron ore producer who has a hydrogen play now.


No-Knee-4576

How has FMG got hydrogen? Currently they are nothing but talk? HZR has a running business and nearly running plant But has a proven patented process. Wouldn’t surprise me if a bunch of small companies decide to become hydrogen producers overnight.


Polite_Jello_377

No way HZR can scale to being an actual meaningful producer


No-Knee-4576

I would say not But they will have a solid chance at a decent amount of government support.


Polite_Jello_377

IMO it will go to companies that could reasonably be expected to actually get a full scale hydrogen plant up and running. FMG the clear front runner


Chemistryset8

And the only viable candidate. The H2 speccies are ifffffy


Polite_Jello_377

💯


anomaly256

HZR would totally have had a commercial plant operating by now if it weren't for.. \*checks notes\*.. reactor vessel manufacturing defect, heat exchanger manufacturing defect, trade war with China where these items are manufactured for some reason, and that it somehow takes 2 years.. wait.. \*checks notes again\*... ok yeah 2 years for some reason to manufacture these items again


kangaroute

three good choices right there


SnooDonuts1536

Fuck you AustralianSuper


lostdollar

What did they do?


Polite_Jello_377

Bought PLS


SnooDonuts1536

Been involved with them for a year to get a deceased super release. The fucking case managers never picked up the phone. Called them like 100 times for the last 9 months.


alllrandom

Those jerks are making money off your money while you could have been losing it this whole time.


HideTheT2BarryComes

Get in contact with the relevant Tribunal/Ombudsman and start the process.


biowza

Threaten to go to local news / media outlets. Worked a charm for me when I was in a similar situation dealing with an insurance company. I had dozens of lengthy phone calls with them over the course of 3-4 months and all of a sudden I had my claim escalated and paid out quite quickly. Just for good measure afterwards I requested all my phone recordings from them dating back 2 years, for no other reason than to waste their time for being cunts.


SnooDonuts1536

I did, the guy was like “feel free to file a complaint” like wtf???


Markma1989

You are on their list, try call them with another number


SnooDonuts1536

Cheers mate


houli_dooli

got out of dog BLZ, watch it rocket now


new_handle

Always great seeing one of your dog stocks jump 88% while you are still 67% down on it.


Markma1989

MGU ?


new_handle

Yup! Holding for CGT reasons now (and education on what not to do with stonks) but who knows where this is heading.


redditaccount13579

Down 67% and holding for cgt reasons? What capital gains are you gonna pay on it?


WowVeryJosh

Waiting for CGT 🤝 becoming a bagholder when you get dumped on


KapitalBabylon

We all know we secretly LOVE it, while LOATHING it. I love you ASX; I hate you ASX. Perfect match.


lostdollar

One of my stocks was supposed to release an announcement and end trading halt at commencement of trade today. 1hr 20 after open still waiting....


Mysterious_Value_764

Start a count , it is the way


anaussieinhere

Directors still at the coffee club maybe?


Church_of_FootStool

I think you've been ditched


BeardFactory

I own 1 singular CHM share but I’m tempted to buy in watching it fall 5% everyday this week on fears of an imminent cap raise. I do have a particular brand of biotech brain damage though


panicboy333

I own about $20 worth of a stock due to a company split and CMC says I can’t buy less than $500 worth. I figured if I already had some that wouldn’t apply?


Moon-Runner

Will be able to afford lunch today, thanks AGY


Sirlanguid69

Yet another over reaction on ex date for NAB.


Fresh_Slip5535

Yeah I topped up with some more


Crumpy88

LTR $3 party this week? u/lionsforlambos


alllrandom

EXR has gotten good at gain a pip. Not good at keep a pip.


FameLuck

We gained a pip? 👀👀👀


alllrandom

Twice. Briefly.


raegrog

😭💵, Wiping my tears with my WR1 shares. Wishing I bought more sub .50


FameLuck

Could be worse - you could be tens of thousands of dollars down like the rest of us


raegrog

I am with EXR 🫡🫡🫡


FameLuck

... sorry for your loss 🙇


here2FuckSpiders2

Come forward if you paid >1.80 for WR1 on the news. Don't be shy.


ghosterkanxx

Been sitting on 1.90 for months already


here2FuckSpiders2

u had a few ops to leave


biowza

WHY CANT YOU BE NORMAL!? NMT - *autistic screeching*


FameLuck

That's my favourite meme!


SnooDonuts1536

And the trap has been released


vroomvromm

So down 1% after rising 20% in the last month was the trap? Well set me another one of your sweet traps Snoo!


alllrandom

I admire your commitment to your comedy. Still getting banned though.


biowza

I'm enjoying his character arc, from "hated downramper" to "loveable meme". ❤️


anomaly256

Another slow day I think


Moon-Runner

🐢


houli_dooli

green start for me, don’t mind slow day as long as stays green.


HideTheT2BarryComes

everybody waiting for US figures tonight


anomaly256

I might go check out some figures as well


FameLuck

Haven't had any movement yet. It's quiet.. too quiet


Murranji

Its too boring is what it is.


Qutated_Head

Uranium glowing bright green this morning! So good to see some movement again ☢️☢️☢️


YouHeardTheMonkey

Any idea what’s driving it? Spot price has been flat on $53 for a few days now, maybe a week? Edit: [found it](https://twitter.com/quakes99/status/1655958186648817664?s=46&t=aHevHZ6UgnCwO3BtASNkSg) BofA issued a buy for KAP/CCO, YCA/URA, Denison and whatever Centrus is


Call_me_a_noober

US Dept of energy put a little money towards nuclear and bank of America upgraded some uranium stocks to buy...that was all I could see anyway 🤷


YouHeardTheMonkey

Do you mean DOE expanded on the prior commitments to build a strategic uranium reserve?


Call_me_a_noober

Don't know if it's the reserve or expanding promising tech...only small amount of $$ though so doubt that's driving much of anything


DX6734D

Uranium and Weed = Green Everything else = Red


Top_Lengthiness_3437

CPH continuing yesterdays blast off


[deleted]

[удалено]


Oghinsien

Sort of depressing looking at my offer ahaha. $2.27 worth of $0.001 loyalty options, exercisable at $0.25.


cohex

Not sure what's the point of them. If you think IHL is going to be worth more than $0.25 by the time they expire may as well buy them now on market for $0.11 rather than $0.001 now + $0.25 in a couple of years. Added bonus the shares now will have cgt bonus by then as well.


CaoticMoments

The point is you can buy a fuckload of them with minimal capital risk. If you buy those shares now at $0.11 and IHL eats shit then you are out of pocket that additional investment. If you grab the oppies now and IHL eats shit you are out of pocket by like $10. So basically no downside for decent upside if it makes it to $0.25.


cohex

Yeah that's fair, will probably get them in the end. Though can't buy a fuckload just 1/15 of your current holding


CaoticMoments

You can buy a lot more then actual shares. For example, if you are entitled to 2,000 shares it would cost you $2. If IHL gets to 30c then you trade in the oppies and sell on market. You end up making a cool $100 on the $2 investment. If you buy $2 worth of shares @ 11c (ofc impossible) then you get 18 shares. Sell them for 30c and you make $3.42, not even worth the brokerage. Almost no downside on this. If IHL is pathetic and they expire you are out $2. Otherwise you can make a tiny amount of money.