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so far the jialat fall didn't go below 0.50. can do better after:
| FIRST QUARTER RESULTS * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT |
| Nov 13 2013 07:55:32 PM |
my humble analysis on okh at this stage.
http://stockmarketmindgames.blogspot.sg/2013/11/okh-global-capitulation.html
OKH Global had gone up almost 270 % since May this year from 28.5 cents to reach the peak at 78 cents in October . After breaking the long term uptrend channel on 25 Oct with a bearish hang man pattern , it went down rapidly to reach 50.5 cents three days later . It may to rebound to fill the gap at 57.5 cents created on 1 Nov before going down to fill the previous gap at 48 cents created on 19 July 2013 during the upward movements . The downside target would be 39 cents
Jialat. Everyday kena whack hard. WTF.
May go below 50c pretty soon IF THIS CONTINUES.
Should close above 60 today.
wishbone ( Date: 31-Oct-2013 12:47) Posted:
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OKH is another victim being whacked hard. Yesterday, it managed to climb back in the last hour after being whacked in the morning and early afternoon. Will history repeat itself for today??
Yes might be .. 2 nd round con again I win 10 time . But one time wipe all my profit
Polarbear55 ( Date: 31-Oct-2013 00:13) Posted:
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Actually, the shortists are on the other forum discussing about their gain from shorting. Anyway, part of the rise in price is due to their covering.
You can verify here:
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=11378& msgbdName=Others& topicTitle=spotting a pump and dump stock to SHORT
aysaibey ( Date: 30-Oct-2013 22:26) Posted:
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It will be very naive to think the shortist at OKH got killed today..they have started their short/dump from 0.77-0.71...accumulate back today at 0.505 from contra players and frightful holders.. then re-created another euphoria to lure in new 'hopefuls'. Watch it test 0.55 again tmw.
aysaibey ( Date: 30-Oct-2013 22:26) Posted:
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good companies or those backed by strong financiers should not be shorted indiscriminately.
slaughtered and shorted.
First big killing of shortists. Well Done.
SGX as a regulator should join in to catch the shortists stark naked.
Bigmama ( Date: 30-Oct-2013 17:07) Posted:
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For one cut loses unlikely buy back . May be new group of retailers
nngeeh ( Date: 30-Oct-2013 18:26) Posted:
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OKH global has been in the red since 2008, and the NAV is around 0.07 cents (if my information is correct). The share price had been hovering around 0.35 cents in April before it shot up to 0.7 cents. This share seems vulnerable to shortist, but i believe that the investors who participated in the recent share placement at 0.68 (total investment of 39million) must have strong financial backing to prevent the share from being shorted (which we saw today). I think shortist might think twice if they still want to short this share again. When i checked the SGX website, the financial adviser for the share placement is Asiasons WFG Capital below. Not sure if this is related to Asiasons.
From SGX
Asiasons WFG Capital Pte Ltd was the financial adviser to the Company in relation to the acquisition of the entire issued share capital of OKH Holdings Pte. Ltd. (the Financial Adviser). The Financial Adviser assumes no responsibility for the contents of this announcement.
Lol.... Shortist killed.
Bigmama ( Date: 30-Oct-2013 12:46) Posted:
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Yes. Now OKH chiong above its opening price already. Huat Arh!!
Bigmama ( Date: 30-Oct-2013 12:46) Posted:
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Hope okh can kill the shortist.
Not vested
Not vested
Can jeep for contra now?
Lots of casualty...avoid all the pennies at all cost..
OKH is being whacked today and will it join the three Musketeers???????
KNN WTF
I don't know I don't want take d risk as okh at 0.61 also expensive . Plenty of room to be whack
Rosesyrup ( Date: 29-Oct-2013 20:03) Posted:
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