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CitySpring
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SYDNEYsunshine
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16-Feb-2007 10:49
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haha... I am thinking about what nickyng said... about shorting to bring the price down... the volume is still not too big, if a few of us just short 1 lot each at 1.44-1.46 to bring the price down, then grab a few lots... and hold... will be good yah.... theoretically sounds good, but in real life, might not work, yah? haha |
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huatchai
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16-Feb-2007 10:48
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i am now stuck w indofood at 1.64. think it is a good share but do u think it is wise to buy some to average out? i got a bit more cash to average out the loss. |
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sohguanh
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16-Feb-2007 10:35
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Lesson to be learned is dun play with Temasek backed counter lah. See now got a few ppl get burned liao. Simple is to pay up and hold lor. This counter is for long term not short and contra not worth it. I was still thinking if I have hold fire on second day I can get some lots below 1.50 but life in stock market is like that isn't it? You can never predict the trend. IndoFood even worst than CitySpring it is now way at 1.42 imagine 1 2 days ago still at 1.5 - 1.6 region. So ppl in IndoFood shld kpkb more than CitySpring ppl leh :) |
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josephinelim
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16-Feb-2007 10:01
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if you got holding power, hold and wait. good luck! |
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battledome64
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16-Feb-2007 09:54
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can advice? i bought at 1.62 terrible loss now...should i cut or lose it all? |
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nickyng
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16-Feb-2007 09:52
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well...general rule of thumb..dont time the mkt..like waiting for force-sell..etc..when u hv done ur research and the entry price is right...go for it and hold lah..ayo...wasted..shld short yester hee..to help bring it lower :P |
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4d_striker
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16-Feb-2007 09:51
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I've just bought 4 lots at $1.48. Keeping them for dividends! |
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cheng55
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16-Feb-2007 09:50
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hi sohguanh base on your deduction, how do you interpret the 1m shares sell down at 09:42:43 for 1.49. Do you think the shortists are at play? |
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moogee
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16-Feb-2007 09:49
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maybe investors are cashing out for some ang pow money to give their kids, grandkids...neices..nephews..etc. |
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afraa1
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16-Feb-2007 09:48
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i invested all my savings and bought at 1.61 . I am terribly shocked on seeing the share price. Will it go up after CNY.Experts kindly advice |
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afraa1
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16-Feb-2007 09:43
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what is happening to City spring.I bought few lots at 1.61. Can I make profit...... It is really shocked to see the price getting lower and lower @1.48. Pls comment .................will it go up after CNY. |
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EastonBay
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16-Feb-2007 09:29
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Temasek's investment style is not go out and earn quick buck kind. Slow and steady. This one is for longer term. Think they are unfazed by what happen now. Keeping mine like a solid FD which not only pay you interest (dividend) but would gain capital appreciation too. |
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sohguanh
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16-Feb-2007 09:25
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If you look at the Trade Summary most are sold lots which I presume is the dateline of T + 3 is over and for ppl who cannot payup the brokerage firm force sell their lots out. This could explain the mass selling this morning but I believe the BB are now waiting to snap them up. Afternoon will see some light?I hope my deduction is correct. |
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crisracker
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16-Feb-2007 09:13
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hai yo, any1 can tell why it keep on dropping....... |
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lucky168
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15-Feb-2007 23:42
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really disappointed how Temasek-linked fund can perform like that... |
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sohguanh
Veteran |
15-Feb-2007 15:21
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So mr nickyng who like to short stock so is this stock in your to be shorted list? :) |
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nickyng
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15-Feb-2007 15:14
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aya..this wan confirmed now lao sai liao lah...haha... always wait to collect low... |
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sohguanh
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15-Feb-2007 14:33
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The norm should be T + 3 but if there are T + 7 then most likely is special privilege accorded to special customer due to their high net worth status? |
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tancheeyuan
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15-Feb-2007 13:30
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Abit new here jus wanna chk contra play is t+3 or t+7??? cos heard frm some of my frenz they r having t+7... |
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SYDNEYsunshine
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15-Feb-2007 12:05
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that said, you migth want to checkout this article : http://www.winninginvesting.com/fair.htm a friend sent it to me for discussion |
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