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We hldgs
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Stockcham
Supreme |
11-Mar-2013 12:52
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Bros & Sis who are still holding WE, pls be careful especially contra players. BAsed on Fibo theory, a 50% correction means that the slight support at $0.112-$0.113 (Lowest 0.041 + Highest $0.184 then divide by 2). If this cannot hold, better sell first. From what I see today, trading volumn still high and it should go down further. Look out. |
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matrixxx
Senior |
11-Mar-2013 12:41
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You already have the answers to your own question, don't u? In case, u dun know what i mean, here it is, written by yr own handwriting: Penny play is never for the faint hearted or cautious people. It can go any direction regardless. Fundamentals almost don't apply here. Very experienced traders or players can give advice from their heart but such advice could be their sentiment for that minute or hour. No one is always right. Best advice is do your own due diligence and be responsible to your own play. Invest in unit trusts or funds or fix deposits if you cannot stomach a 10-40% up/down within a day in your portfolio.
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Pauperman
Master |
11-Mar-2013 10:37
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You must be earning tons of profits from your shorts based on your analysis. Care to share the technical details on which counter to short big big or buy now?
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matrixxx
Senior |
11-Mar-2013 10:21
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Kelvin123 must have been hiding crying or have change is nick already. What misleading posts that have harm ppl | ||||
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louis_leecs
Elite |
11-Mar-2013 09:44
Yells: "half cash" |
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空 头 套 白 狼 | ||||
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clickshop1628
Master |
11-Mar-2013 09:44
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If you say like that, then why Peter Lim want to sell UPP so cheap last year and then the price ran up? Then why the Aussino big shareholder(one lady) keep selling the shares at 11+ cts last year, almost at the low? There are many reasons for selling. This time, the price came down because the market sentiment is poor for penny stocks lah so the shortists took advantage and short big.
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Tempest
Master |
11-Mar-2013 09:07
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Sign of hope.. It's rebounding.. Call to buy? | ||||
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matrixxx
Senior |
10-Mar-2013 09:17
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Clickshop1628, u got that now? Selling so much of one holdings is never never a good news, if its so potential, why sell so much? can sell 20 lots mah, and keep the rest
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louis_leecs
Elite |
09-Mar-2013 22:05
Yells: "half cash" |
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the more u keep the cash,the more u will survive this round of pacnics penny,the more you greedy when ppl 贪 ,the more you will strike the fortune,don't chase height is the survive tactics and patience wait for pull back,,,,u always got chance to buy low sell height ,,,,,,,,bb now 空 头 套 白 狼 | ||||
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Stockcham
Supreme |
09-Mar-2013 19:07
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Directors selling so much of their holdings is never a good news. If the company has potential to make big money, will you sell. I think the profit they made by selling their holdings is much more than what the company can create for them. From what I see, there will be a slight rebound before it go down again to $0.099 where this support is a big test. If you still have holdings, I will advice you to sell if Monday rebound a little bit. Look out for volumn done. If the price continue to fall with less daily volumn done compare to the each previous days, then selling is going to stop for a while. Must dare to cut losses. I bought it at $0.147 previous and sold at $0.20 because I remember TTI story. 2 days ago I bought it at $0.15 at it rebound from near support. The next day(Friday) should rebound if the stocks truly recover but it doesn't. It moves back to near support again and hover at $0.142. I sold it even at a loss because I felt it will break support in the 2nd test. I am lucky. |
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Pauperman
Master |
09-Mar-2013 12:15
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Penny play is never for the faint hearted or cautious people. It can go any direction regardless. Fundamentals almost don't apply here.
Very experienced traders or players can give advice from their heart but such advice could be their sentiment for that minute or hour. No one is always right. Best advice is do your own due diligence and be responsible to your own play. Invest in unit trusts or funds or fix deposits if you cannot stomach a 10-40% up/down within a day in your portfolio. |
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guoyanyunyan
Supreme |
09-Mar-2013 08:58
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… limit losses is very importance, especially in high risk trade… ... limit it to 3-5% … or whichever you’re comfortable …. |
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clickshop1628
Master |
09-Mar-2013 06:57
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Agreed, it works this time because of the fear it created in people when they find out that directors are selling, especially after a big sell down recently. Earlier on, I just wanted to point out the facts only, not to say the price won't go down, because I can't tell. Hope I made myself clear this time.
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matrixxx
Senior |
08-Mar-2013 23:26
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I am happy that my bit of misleading postingis able to help ppl to re-thinking into buying this counter. So just a simple word for my misleading posting : it works. At least there some ppl who heed and use judgement, did not lose $$$ this time round.
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WK9111
Member |
08-Mar-2013 22:55
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wa louis mind sharing what does the phrase mean? does it imply that this counter CMI and you shorted and made big profits everytime u say that? can anyone advise whether if its good to sell short now? i enterred when its 17+ thinking that its only some market correction, rebound would be coming and keep holding till today. right now i still feel that this stock may have bottom out though its going on a downtrend after so much of selling just like how oceanus has revived from 20+ to 60s now. what you guys think? just feeling anxious about my loss close to 10k other counters not doing well too :(
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louis_leecs
Elite |
08-Mar-2013 21:39
Yells: "half cash" |
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空 头 套 白 狼 | ||||
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clickshop1628
Master |
08-Mar-2013 20:24
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Of course you can share whatever you want to share, who can stop you? I only mentioned that your earlier post was a bit misleading because you seem to say that the directors are selling and waiting to buy back lower. I don't think that is the case but that does not mean the price won't go down. No one knows where it will go except the CK. Are you the CK? If you are, then say so, then everyone will follow you? I am only interested in the facts and the facts are that these 2 directors are getting out and it is already known to the market. Why the price tanked today? I don't know, I am not CK. CK wants it down, it goes down. Ck wants it up, it goes up lah. Don't want to argue anymore and waste time. If you want to win, then ok lah, you win :)
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sgxtrader2013
Senior |
08-Mar-2013 20:00
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It will Chiong next week but is opposite direction and back to 0.04 to 0.08
That is the realistic price for this stock |
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matrixxx
Senior |
08-Mar-2013 19:49
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Hi bro, hope you are not one of the director or shareholders still holding it? Can share a bit for today's event? Also please share the direction which this stock will be heading next week? Should i warn ppl to becareful next week also? Just to share that the pivotal pt is 10 cents. If price hits 10 cents and can hold and goes up again.... good... we can see she will goes back up again. If price hits 10 cents and continue to go lower, then this stock is super duper gone case liao.
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matrixxx
Senior |
08-Mar-2013 19:44
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Already stated here: u need to read up in order to see it. See how those calling to buy con ster keep telling ppl to buy some and will cheong next week. See how they average down the falling knife. Warning is here to stay, more directors are selling on the way. rise from 0.04 to 0.20, what do you expect from a stock like this? u want it to 0.20 to 2.00? one be realistic and logical. Its looks like u all haven't got any clue what's really going on with this company. The director of this co. SIM MONG KEANG, a substaintial shareholder, has disposed his 122,931,983 shares from 5 March to 7 March. His percentage of holdings drop from 27.02 to 2.98. He has happily sold most of his holdings to enjoy the big big profit which he bought at ????? or 0.004? Then what are you all waiting for? Waiting for him to buy back to push up the price ah? he is waiting for the price to fall back to below 10 cents, then maybe is a good bargain for him to buy again. Substaintial director sold most of his shares, what does that means? Think......
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