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Straits Asia
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cheongwee
Elite |
04-Jun-2009 03:21
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my buddies bring it up and it look like not an extra long wave, i confirm it......extreme greed kill!!! must always be ready to run..time to pare down... |
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cheongwee
Elite |
04-Jun-2009 02:38
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oh mine goodness.....dow is down...but i hope the play is on this one....dont be too carry away..dont be greedy..put trailing stop to protect profit.. Mermaid won contract , news report...hope it cheong.. and guy...i thk upwave A is about to top..no doubt my tg sti is 2600...but we shd sell near to high..leave early at 8% fr tg is better..as the rush for the exit will be urgly... as this target nearing, the risk is greater to stay on..and probability of a big correction is great.. start taking profit nw, otherwise be crying in a few week time...gd luck!! |
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dealer0168
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03-Jun-2009 23:27
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Amazing height to reach. Unexpected. Congrat those that sail on the ship & profit with it. | ||||||
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thomas_low
Veteran |
03-Jun-2009 23:02
Yells: "Gong Xi Money Made" |
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U r amazing CW, respect ! Call me chicken....pook pook...didnt dare to go in today. Although must admit itchy finger about to press... | ||||||
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Laulan
Master |
03-Jun-2009 18:12
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Tks CW, LL now taking profits here and there and not adding any buying yet. Later when all funds come in then will need your advice. Congrats. Cheers.
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cheongwee
Elite |
03-Jun-2009 17:53
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This round luck was with me...i manage to buy on dip at 1.5 and again at 1.72... good luck to all SAR vested... still thk this burger is good for long...may keep just 20 lots and sleep on it till sti 5000...
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cheongwee
Elite |
03-Jun-2009 17:49
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laulan ...i call u to buy...but Kbesci..read and buy and profit.....today add on another 17 lot...q 50 got 17 lots only... hope u buy and profit also.. |
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cheongwee
Elite |
03-Jun-2009 17:46
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kbesci........sorry, i didnt read properly....yes Ezion, is on the same nature of business as mermaid...i only bought mermaid at ave px of 35C...but mermaid vol is low...unlike Ezion...i dont have Ezion...hope BB come to mermaid..to push this up.. but i do build up position and buy more of Qianhu, stamfordld, Armstrong, SAR...all today... i dont buy up to the nose...want to run also easy..i bought a total of 9 counters...
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cheongwee
Elite |
03-Jun-2009 17:38
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dont flatter me, but really these 2 i dont know? and do set a profit target ...hit sell...then wait and see put into another opp. to make more $.. dont hold shiok..shiok till the next bull run..like some guy here... this is what i do? bought 5 day back 1.5 sold 1,84..22% overc gain(17K).... i take profit..or i see the going and chart good let it run but trailing stop at 8% to protect profit....if bought then very bad luck it turn down , stop loss at 8%..mine is plain simple.. now enter yesterday, at 1.72...my trg 2.0....but if on the way there it turn back,,,,trailing stop at 8%..to protect profit...if turn down stop loss at 1.58....sometime i do wait at cut loss pt awhile to risk, hoping it turn up,,,but experience for me is 50/50.. but with this rally, why wait, alot of opp. eslewhere...right???..gd luck to you. |
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kbesci
Member |
03-Jun-2009 17:27
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Thanks master cheongwee, also made some coffee $ by taking yr advice yesterday. Any comment on Federal & Ezion, cheong this few days with high vol. |
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waterfalls
Senior |
03-Jun-2009 17:09
Yells: "Investing is calculated risk, patience n luck" |
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this stock has high momentum..i'm vested too 
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richtan
Supreme |
03-Jun-2009 16:53
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I m smiling till can see all my teeth but not my eyes.
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cheongwee
Elite |
03-Jun-2009 16:28
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laulan....did u buy, when i call to buy yesterday?..making money already...hehehe..bought 1.72...5k profit..within one day. richtan...how are you doing here?..did u buy more?gd luck to all.. i thk i will let it run, most likely tomolo market may go down, but not this one..contra still got 4days ..trailing stop at 8%... |
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cheongwee
Elite |
03-Jun-2009 00:27
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nothing is forever...only in fairy tales....make hay while the sun shines.. those who hestitate in this rally, are the real loser..congra to those brave guy who bought when market was on fire.. i bought fr 19/3 onward as i conclude the beginning of this bear rally..i buy big time...\ i dont long stock...as of current
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cheongwee
Elite |
03-Jun-2009 00:16
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buy jade and centillion for max gain...if you got profit , buy them with it...afterall lose profit only, so for me it is the casino money i bet, not mine,,,i just give market a chance to win it back....make even more profit from profit....before this bear rally is over...and it is very soon..u may not get this chance for a long time..coming but if it your own money, you better DYODD....go and buy something ,if get stuck also no need to worry sick..buy blue chips..but they are all now not so cheap..how abt mid cap???
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cheongwee
Elite |
03-Jun-2009 00:10
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SAR offer of 0.805c is base on the calculation prior to the pre condition offer of announcement date, being the period fr 23 feb to 20 mar..2009..at that point to time this px is valid, becos that was the actual px trading in the market, but that does not apply now.. no stupid guy will offer them cheap at current px, might well sell in the open market...unless they counter offer...and they also state that they do not have the intention to delist SAR...so i dont see the worry... buy now before you regret, dont short,....buy now...no problem ,we dont long, we trade.. nothing to worry...my main worried is make not enough....17K profit for 5 days.. i will let market a chance to win back...but only 8%...cause 8% cut loss..only..i still profit..big. laulan, buy to take revenge for your losses shorting at 1.21....your chance to revenge...before this bear rally is over..then you can short big time for this burger...maybe by then your px of 80c will come. |
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thomas_low
Veteran |
02-Jun-2009 21:36
Yells: "Gong Xi Money Made" |
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Yes been there done that and bought the t-shirt with the pittence received back when they delist, imagine what you could do with the profit you have gained rather than taking a largely increased risk after this rally, if you still have good appitide for risk use the proceed to buy those oversold penny shares, will raise your blood pressure a little and lots of excitement...If DOW is not doing well tonight tomorrow will be penny paradise. Of course I could be talking bollox here, it may shoot up to $2 tomorrow...I only wish share price go up forever....so everyone make money...and be happily ever after. | ||||||
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Laulan
Master |
02-Jun-2009 21:07
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What thomas_low says is quite reasonable. To run, and then wait for the chart direction to come closer to the averages before coming back. To me I think once the game is over, the ones holding the baby after the buyers who are also the main stakeholders say agree to the offer, are people like us small holders who will be left with unmarketable/useless shares delisted after the sale. Then the big gainers are the buyers who are the main stakeholders who want the company but not the money..Maybe yes money sold from shares at $1.80 to $1.70 but the next flow of money will be from the business taken private. Remember Sp Courts and Robinsons and many others. SP Courts was even losing money when taken out voluntarily delisted. Actually they can make more money being privatised. THIS IS WHAT PEOPLE MOST FEARED. Just reasoning out only. You do your own thinking. |
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cheongwee
Elite |
02-Jun-2009 20:25
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yes agree, but have you heard of this 2 word called "irrational exuberance"...u understand this u will not have post thus... and the first bear rally of the 1929 last some 5 mths....compare we are abt there..caution is good..but market always over shoot..so call overbought.. hope alittle more for us all..
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thomas_low
Veteran |
02-Jun-2009 20:12
Yells: "Gong Xi Money Made" |
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I wish i can share the same optimism for tomorrow, according to chart it should have dropped yesterday for a few days but the market bullishness has gave it another momentum to push higher, not very natural, so I am doing a runner, dump and come back until it goes back to the moving average and give it another dose of steriods. Anyone share the same view? | ||||||
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