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China Mining holders, please fall in
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Zeliazelia
Member |
07-Sep-2024 11:37
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Tks boss for the reply. Sell at bid price? But what if the bid volume is very very very thin say 1000 shares? How to sell 500k shares? | ||||
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biper66
Senior |
07-Sep-2024 11:27
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if your buying is ard 3/4c ave you are ok this stock vol will be thin as no fundamentals --so you may wanna sell to the bids avail out there
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Zeliazelia
Member |
06-Sep-2024 21:41
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Tks! If price dropped to 1 cent how to sell and set multiple see Q.... | ||||
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dyingcat
Veteran |
06-Sep-2024 21:12
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Actually u can just set multiple sell queues, eg 50k at each bid u wish to sell. Ur luck may come.
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Zeliazelia
Member |
06-Sep-2024 20:51
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500k | ||||
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dyingcat
Veteran |
06-Sep-2024 20:30
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How much shares do u have? And how much do u wanna sell? Maybe I can ask my broker to have a deal with u
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tccroy
Elite |
06-Sep-2024 20:14
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Your trading app cannot perform sell in buyIn . You have to tell your remisier to do it for you. But normally they will not do it for you unless you are very close to them.
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Zeliazelia
Member |
06-Sep-2024 19:33
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Tks so much. How to sell open market? The bid volume is very very very very low..... | ||||
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Caesar
Master |
06-Sep-2024 19:27
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I believe they sold most of their shares along the way up yesterday ... of coz, i could be wrong ...
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Caesar
Master |
06-Sep-2024 19:23
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If your shares are paid up already, you should have tried selling in the SGX buyin pool today @ 0.137. Not sure if there will be any more SGX buying in on Monday. If there is, the price should be higher than today's closing price of 0.079. Otherwise you have to sell in the open market. May you have good luck ....
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Zeliazelia
Member |
06-Sep-2024 19:20
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Its also dam strange today. Low of 0.032 and then to .149 with not much transactions at all.....any one any idea how this can happen?? Tks | ||||
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Zeliazelia
Member |
06-Sep-2024 19:17
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Tks for the reply. Yes they pump and dump. But looking at the vol today they have not even dump yet as doing so they also lose money. They def have not dump yet. If they had the price wld have crashed to even 0.02. | ||||
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Caesar
Master |
06-Sep-2024 19:07
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The BB in this case seems to be traders whose main objective is to pump and dump, my opinion. They dont keep the shares they buy until the end to sell. Like you said, they will be trapped if they do it that way. So, as they buy on the way up, they also sell along the way up. Finally when they are satisfied with their gains, they sell (or dump) whatever they have left to those still in the buy queues.
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Zeliazelia
Member |
06-Sep-2024 18:56
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So those BBs who bought yesterday by the millions how? They also trapped? As they can't even sell it. If they sell the price will crashed | ||||
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Zeliazelia
Member |
06-Sep-2024 18:51
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Tks so much. So those who shorted no way out or good for them since orice crash? So these buy in by sgx will not affect Monday price??? Reason I am asking, I bought at very low price bt did not sell at .13. Even now I want to sell also can't sell as the bid vol is very very low. | ||||
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tccroy
Elite |
06-Sep-2024 18:48
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The buy in price is always 2 bids higher than the last done price or previous day done price whichever is higher
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Caesar
Master |
06-Sep-2024 18:45
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If i am not wrong, SGX determine the buy in price based on previous day's closing price plus a certain percentage. That is why today's buy in price is so high at 0.137, bcoz yesterday's closing price was 0.131 ... anyone who knows better, appreciate your input. Thanks in advance.
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Zeliazelia
Member |
06-Sep-2024 18:24
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Also want to seek views here. The big pump by BB to .131, surely BB bought in. But now the price can't move and bids and ask vol very low. BBs trapped themselves???? How are they going to sell at current price as suffer huge losses | ||||
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Zeliazelia
Member |
06-Sep-2024 18:19
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Tks. Means there will be a buy in at some price determine by sgx. Means those who shorted all run road as they can't even cover. When sgx buy in it has to be at the current price when market open on Monday. Means price is going to crash??? | ||||
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Caesar
Master |
06-Sep-2024 18:11
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SGX buyin is not done in the open market. It is done on behalf of naked shortsellers and the price is determined separately by SGX. Only retailers with paid-up shares can sell in that market. Not for people who have yet to pay up for their shares. I do not know how the transaction is done, maybe can check with SmallSmall or your broker.
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