I think that investing at the moment is like the game of survivor!
Outwit, outplay and outlast the manipulators, brokers, and unprofessional advisers...
ROB Under Attack
1/ The price soared 35.7% in the last month. An important sign IMO!
2/ High volume of 3.7 times the monthly average! Volume is our friend!
3/ ROB has a 6-month relative strength of 99/ Above 99% of the market.
4/ The price to 50-day EMAP ratio is 1.1, a bullish indicator. The 50-day EMAP went up to 1.68c. An Increase is another bullish signal.
5/ MACD - 12-day Exponential Moving Average (EMA) minus the 26-day EMA is positive. This is a definite bullish smoke-signal.
6/ Last 3 Months = New 52-Week High, indicating new potential growth.
7/ Price to 200-day MAP ratio is 1.59, a clear bullish indicator. ROB is trading above both its MAPs and the 50-day MAP of 1.70c is higher than the 200-day MAP of 1.19c, another bullish indicator and very meaningful I think.
8/ ROB tracks as oversold according to the Williams % R indicator of -88.2. Indicating real potential in my opinion.
More to the point:
1/ Excellent geology! It is a very attractive first license at a great price, you can research for yourself the going prices for this land and even as we speak the value of the asset is increasing every day that passes. It was easy to predict they were going to take up their option for the license. 2/ Experienced management + excellent advisers 3/ Serious change of direction for the company not a flash in the pan, quick lets sell this for other assets nonsense we read here. Based on actual trusted experienced advice from geologists who know the region. 4/ Most sort after region in the world! 5/ Upcoming 2012 Coal Mongolia Conference (Very interesting and important!) 6/ China's looking to lower its port fee's and taxes to speed up Coal delivery! 7/ Coal is going into a massive boom! ROB is very attractive at these prices by anyone's standards and is under manipulation so that it can be cold-bloodily bought up! It is a battle of nerves and the people selling little chunks to drive it down want it down! 8/ ROB did not overpay for its asset, in fact it got a very very good deal on the license by all industry standards. ROB is growing assets while many are selling assets. 9/ CR is a very healthy sign for ROB's future. The management have no interest in staying where it is and any defaming suggestion of lying or that the license isn't very exciting is quite frankly worse then wrong! Suggestions that the geologist got it wrong or would sell out their career for a quick buck is nonsense. ROB is changing itself completely and quite rightly looking in the right area. 10/ ROB is very oversold, allot of people are not long term investors and cannot ride out the manipulators! 11/ China's Demand for Coal cannot be estimated! Coal is energy for a Western lifestyle to more and more Chinese! People who have never been to China cannot understand the sheer scale of this Demand. More to the point more Mongolia develop money is being discussed in China for next year to speed up the infrastructure. Just this growing investment by billions for China is a cheap investment in their future. ROB does not need to worry about infrastructure development, the COAL is need on a massive economic scale. 12/ The rise of companies like HUN is just the tip of the iceberg here, just the first indicators of the updraft in Mongolia. ROB is looking to explore its license geology and expand its portfolio over next year. Growing assets means growing price because the market looks at Mongolia as really a no brainier, don't you? 13/ To develop and grow itself means ROB needs to jump through some hoops, grow its board another subtle growth in confidence in the market is the hiring of experienced people, money obviously follows management. 14/ Australian companies are trusted over many other nations in the region and we know coal! 15/ HUN is a good indicator of the coal boom! All the greenie irrational behavior and criticism of Coal will not change the boom in coal! ROB acquiring assets and growing in this direction now is loved by the market in general.
"Volume manifests when owners stop selling!"
A great book that will help you calculate that ROB is undervalued is Rule One - This book, in very simple language teaches how to compound your capital safely. If the price is below its true value then that is an excellent place to start, 6 months to a year from now what will ROB, or whatever it is called, be worth? 5c? 8c? 4c? 12c?
Do we really need a 10 bragger here? Or do we need a home-run? (4c) I buy on the pull backs don't you? At the same time those who bought at the top here have nothing to fear in my opinion, it will break the top, you can be assured that the sharks are buying up while flaming down and even selling to drive it down.
I go for the specials when I am shopping because every penny counts, don't you? Well in my opinion ROB is on special and over time the market always realizes a good bargain when it sees one don't you think? I know allot of sharks aka Brokers want to buy now after dumping the market for their Christmas bonus to then sell at the end of the 2012 first quarter.
The Fundamentals line up for this little company and so do the indicators, but at the end of the day are you looking for a quick buck or compounding growth on your money? If ROB was investing in the wrong industry, the wrong country, with the wrong kingmakers and the wrong assets ROB would not be where it is today. In my opinion ROB is testing its support, finding its feet to then explore new highs.
I read many negative things about ABU at the beginning of the year, that makes me more interested in a company when the experts are saying something negative because I want to buy the oversold and undervalued because of its energy to swing in the other direction!
Uptrends are not a straight line. The market looks at this license as a sound investment, cheap and exciting geology and a booming industry so right now the sharks are trying to get ROB as cheap as they can before they feast.
It will not take much for the new run to start here, unfortunately many people have bought high and sold low like the manipulators wanted!
PS - These opinions are shared for fun and learning! They are not advice or research you should in any way believe! DYOR because to err is human.
Kind Regards
Have yourself a wonderful Christmas and enjoy the new year!
ROB Price at posting:
1.4¢ Sentiment: LT Buy Disclosure: Held