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I think it time for this GEMS to wake up soon.
Hi guys,
I was just wondering, if this counter biggest customer is US. or other countries...
Do you think these people will think of buying "STONES" than fighting the inflation...? just my 2 cents
Personally i thk this counter trading will be thin and like to go down further as i can't think of any reasons that there is any good news or drive factors....
Does this counte sell gold?
This counter has already 85% discounted from its IPO price of $1.08. Goldman Sachs purchased at $0.20 last month, and at current price of $0.16, I'll pick up some and keep for bullish time to come.
http://www.gems.tv/investor.html
jackjames ( Date: 17-May-2008 19:18) Posted:
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Goldman Sachs purchased 1234 lots at $0.20 = about $240K, not a big sum but is there any good thing going to happen at this counter?
well said elf, i do agree that this counter is not worth to throw in yr hard earn money. Personally, i've been monitoring this counter since its at 40cts ++ with the intention of going in at 33cts then. Glad that i hold my fire and now its at 16-17cts. Please don't catch a falling knife.
actually, when a major shareholder dumps stocks, that's the surest sign to stay out of the counter. be careful of it languishing in the low prices for years before seeing the sunrise again.
After all, if BBs don't buy, the stock has no way to go but sideways.
tech pic: downtrend since May last year. Be careful because the selling has recently accelerated. Bottom can't be calculated; it's breaking all the supports; uncharted territory.
Wld advise newbies to stay out of this counter. any rebound is not worthwhile to catch; there are better counters to put your hard earned money in, pls.
Eagle Eye Associate Limited and Easter Advisors LLC are the major sharesholders dumping millions
of shares of this counter.On Friday, another 51 million done.They have not much shares to dump laio.
Next week buying is going to get stronger and stronger.
Difficult, very difficult !!!
hi all. BB selling down to 0.16 cts.lowest so far.This counter is going to rebound soon.
those shortist better cover your position fast.
hi wait4opp, what is CFD?
This counter I been shorting down since 28cents.......using CFD
Covering this counter one month later hope it tank down below 10cents....by then
Cheers!
hi Jackjames
hw much u make depends on how much u short. if it drops down to 0.16 as u say, which means u will make a whopping 13.51% profit and thats quite a lot.
first, never invest in a company which got serious obvious problem..
second, let me ask you how much you can earn by shorting this counter? let say it goes down to 0.16, how much can you earn? if only few hundred dollars, better don't take this kind of risk, who knows one day dead cat rebounds can catch you big times.. i would rather choose to spend time on good counters instead of shorting.. by the way, this counter not much juice for you to short liao la.. beware.
Hmm.. since avoid buying, easier to short??
i think this counter is in serious trouble now... 0.18 ?! Can't imagine it was 1.83 stock last year.. it's like drop 90%... siao..
EAGLE EYE ASSOCIATES LIMITED selling shares again , this time with 9987 lots sell .....
EAGLE EYE ASSOCIATES LIMITED selling shares again, avoid avoid avoid !!!
most counters, if not all, are subject to play by BBs. Some more so than others. This happens to be one of the latter. Plus, fundamentally-wise, they are not sound at all. Loss making, and strong competition in the field. Add in the US/Europe recession (hence demand for consumer goods goes down), the future does look bleak.
take care with this counter... for most stocks, if a rebound is not possible (cyclical pattern of ups and downs), then there'll come a point of no return, where it's likely to sit at that level for years til something fundamentally changes.
What happen to this gems that cause Eagle's Eyes Associate to reduce stake and price keep dropping everyday? Any advise.
where has the sparkle gone???