Hongwei   

Hong Wei Squeeze (Secondary)

I tink got one brokerage go on site visit and say C&G and Hongwei share price still can goes up as compared to other like fibrechem which has reached quite it's peak already. In particular Hongwei is the one with the smallest market cap but then in times to come it will grows big. Maybe ppl who wanna long term investment can consider Hongwei :)

For some other related fabric business stock can consider SingLun. 

 

climbed high today sudden without any momentum volume build up...some traders seem to try spike up the price...breakout at $0.45...should see it climb higher

 

I bought at 0.45.  Any hope of it moving up?

 

I don't know what price u got in, I have cut the counter loss some brokage. You should have taken profit I think last week when it hit 0.43/44. This counter low volume. Difficult to get rid off. TA wise I don't know.

 

Any upside for this counter.  is it still good to hold?

 

Thanks Ray for the expeditious reply.

 

Hi AlexMay, the run's gone for this counter.  If you're still in, you may want to exit.

 

rayphua,

hi saw some of your posting and have been following your thread, Pick up this thread by chance, are you still holding Hongwei now? What the TA like, thanks in advance.

 

The Board of Directors (the ?

2007 in relation to the placement of up to 35,000,000 ordinary shares in the capital of the

Company (the ?

?

Bank, as placement agent for the Company (the ?Board?) of the Company refers to the announcement dated 13 AprilPlacement Shares?), at a price of S$0.325 per Placement Share (thePlacement Price?), pursuant to the terms and conditions of the placement agreement with HLPlacement Agreement?)

 

What the heck is a "squeeze" ?

 

Guys, Hong Wei had a breakout from a squeeze today.  This is a secondary squeeze from a previous one recently.  It has broken its 52 week high since it went up to 0.40 late April 06.  Put tight stop losses on this one if you're to trade.

Vested.