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Swiber

becareful, trade cautiouly for this counter, the buble will burst any time ..... not vested!

 

No wonder Swiber able to move steady from 69 cents in two days to 95 cents after I sold.

Today I read Reuter news, knew that it set up a subsidy unit in Singapore.

However, read OCBC analysts, one guy even rated this stock as buy target of 36 cents. So I choose to take profit in fact was quite reasonable. But from this saga, we should know we better never follow the professional analysts or we might all suffer buy high, sell low.

Since the news had already out and Dow if tomorrow reported to be another bloody fall, I see Swiber  should be end up its recent run up!


 

 

 

Those who bought Swiber for short term contra play should be very careful.  Like today, when Hang Seng started to fall into negative , it made a sudden crash from today all time's high of 93.50 cents to sudden low of 88 cents. It was later rebound back to 90 cents.

The point that made me wonder was why the qualified analysts had downgraded this stock to buy only at low 36 cents. Last Friday if I never read the OCBC analysts, I would never sold it at 69 cents. Anyway, the reason that I sold off because I lost on jackpot game....

 

I picked up Swiber at 30 cents, had made contra gains almost two times. The third times I bought at 52 cents was kena badly stuck, but still easy to get risk of and sold off at 72 cents.

These two days it hit week's high at 92 cents, I believe even the qualified stock analysts were all broken their glasses. Read that one stock security film only put it buy target at 30 cents as it reported it had high debts.

Anyway those who bought at high of 92 cents, bless God gave you good luck.  Its fair average price should be not more than 58 cents.

Those who had already bought better kept for long term investment.