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BANJOO AND LEE METAL

Hulumas
Supreme

29-Sep-2009 14:39

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Yells: "INVEST but not TRADE please!"

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Is it a good time for contra play tomorrow?

cleverZul ( Date: 07-Jun-2007 20:47) Posted:

Playing contra can sometimes get your fingers burnt.

I played contra when TA signals are good and long term for those with good FA.

As for Banjoo, I actually purchased it last Friday for 15cents only to sell it yesterday as the T+3 was up. For contra play this is the highest profit I ever gain (>10k) . However, I had lost up to 5k before within the T+3 contra play with other stocks just a year ago.

Don't worry, the more you learn about the charts, read the news and remember(and learn) from you previous stock experience, you should do fine one day.

Regards.

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cleverZul
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07-Jun-2007 20:47

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khwong21
Member

07-Jun-2007 17:16

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But still hope it will b another Lottvision...but now had to observed and c, had to make decision and c...

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ghlau935
Veteran

07-Jun-2007 17:14

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2 Weeks ago my friend also kana buy CSC (100lots) at $0.385 then finally sell at $0.355, he lost $3254. His face turn like Smiley

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jackjames
Elite

07-Jun-2007 17:09

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friend 0.23 is easy to clear la.. now already 0.225 liao, u just simply queue to sell at 0.23 at 5.15 pm, tmr sure done deal, ha ha.. yeah, too greedy i have to admit.. never learnt the lesson, bad boy..

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khwong21
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07-Jun-2007 17:04

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Kena stuck at 0.23...arhh....

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cashiertan
Elite

07-Jun-2007 16:56

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now my focus will be on AsianMic, cheaper and less limelight. better accumulate more before it get into the top volume list ...

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cashiertan
Elite

07-Jun-2007 16:55

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so many ppl shake out liao today. thanks to the dip in dow.. nevertheless it can be double edge sword.. the BBs use it to clear the weak hand faster.. maybe early next week can see the future trend more clearly.. now just holding with margin.. i play small small 1st..

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sohguanh
Veteran

07-Jun-2007 16:42

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Ok I get it. It is becuase you all play very big and hence you are charged 0.275% brokerage fee instead of the minimum $25 fee izit? Hmmm..... wow brokerage firms sure know how to make monies leh. They know you play big win big so they wanna take MORE comm fees also.

Learnt another new thing today again. Thanks 1234567 :)

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1234567
Senior

07-Jun-2007 16:37

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hi sohguanh,

Mkt *
Trading Channel *
Trade Currency *
Buy Price *
Sell Price *
Quantity *

Buy Brokerage Rate (%)
Buy Brokerage Fee	67.38
Clearing Fee (0.04%)	9.80
Access Fee (0.0075%)	1.84
GST (5.0%)	3.95
Buy Value	24,582.97

Sell Brokerage Rate (%)
Sell Brokerage Fee	59.13
Clearing Fee (0.04%)	8.60
Access Fee (0.0075%)	1.62
GST (5.0%)	3.47
Sell Value	21,427.19

Profit/Loss

-3,155.78

Profit/Loss(%)

-12.84%

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iPunter
Supreme

07-Jun-2007 16:28

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Cashier is right...

The contra players must first get out (price drops)...

But whether it will pick up steam thereafter is still not a certainty...

Whack big only if you can really afford it....

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spurs88
Senior

07-Jun-2007 16:09

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Thanks to panic-sellers for selling cheap to me. Managed to get in at $0.215. I wwill wait for $0.3...........maybe $0.4 soon

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cashiertan
Elite

07-Jun-2007 16:09

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now have to wait till T+5 which is next week for the weak hands to clear their holding.. i think still viable for mid term holding..

u all wack too big liao.. 100 lots = $24k? enter half 1st mah.. if got str than enter enter 2nd half so ur hand dun get burned.. at most scorched...

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oxycow
Member

07-Jun-2007 16:09

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Jackjames. Just hope that my main stock can help me to recoup my loss. sign.

Anyway, you may have better luck than me Smiley

Best wish and Good luck. Smiley

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heatseeker
Member

07-Jun-2007 16:09

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Dun worry...Have faith! If you really believe it is another lotti, then this is all transient! Smiley

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limhpp
Veteran

07-Jun-2007 16:07

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Looks like many of us stuck at about the same price. Let's hope for the best Smiley

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jackjames
Elite

07-Jun-2007 16:05

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oxycow, cheer up.. I am vested 100 lots at 0.24 too... shit.. but I want to wait until wednesday and decide.... I got 3 options...

(1) sell all

(2) buy all

(3) sell some and buy some, ha ha.. because I don't have so much money to hold also, haiih.... pity..

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cashiertan
Elite

07-Jun-2007 16:04

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oxycow, if u got no cash than use margin. Poems allow u to margin 2x for ban joo.

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sohguanh
Veteran

07-Jun-2007 15:54

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oxycow: how to come to 3K loss har?
0.24 - 0.215 = 0.25 = $25 per lot so total loss is 25 x 100 = 2.5K plus 52+ comm to and fro still does not come to 3K leh.

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oxycow
Member

07-Jun-2007 15:52

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Agreed. Well, see no end of tunnel and no $$$ to hold. In my own opinion, very depress and see no hope of chiong to 0.24 soon. That is why let I let go Smiley

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