Penguin Intl    Last:1.28    -0.02

Happy Feet: A new offshore marine play ??

this fund is too greedy..wat their next move?

 

Many thanks, Vic.  I am sure many others like me had benefited from your post. Made a tiny profit because sold off too early.  Hope you will continue to post your 'kantangs'.  l profit..Was thinking of re-entering again today or should i wait a few days more and observe.  Afraid the price will continue to rocket.  Care to share your thoughts on this?

 

JUST TIP OF AN ICEBERG

---

 

[QUOTE=Wee153]:eek: THOSE DIR WHO SELL THEIR HOLDINGS EARLIER AT LOWER PRICE ...I THINK IF THEY KNOW THE PRICE NOW THEY WILL BANG THEIR HEADS TOGETHER ...TRYING TO BUY BACK IN A HURRIED....LIAO :D  :[/QUOTE]

 

 :D THOSE BB NOW PUNTING ON THIS LITTLE BIRD LIAO... SO THAT THE DIR WHO SELL EARLIER WILL HAVE TO BUY BACK ....AT  A EVEN HIGHER PRICE ..SERVE THEM RIGHT HA HA HA !!!! :D

 

UOTE=Wee153]PENGUIN FLAP YOUR TINY WINGS HARDER PLEEEEEASE :D[/QUOTE]


  :eek: THOSE DIR WHO SELL THEIR HOLDINGS EARLIER AT LOWER PRICE ...I THINK IF THEY KNOW THE PRICE NOW THEY WILL BANG THEIR HEADS TOGETHER ...TRYING TO BUY BACK IN A HURRIED....LIAO :D  :

 

Steady lah......fly fly fly.....

 

PENGUIN START FLYING LIAO.... Quote: Originally Posted by Coral Penguin Cheong Up Ahhh.... Vested, caveat emptor. PENGUIN FLAP YOUR TINY WINGS HARDER PLEEEEEASE

 

breakout?not much choice for me..

 

Penguin is retreating from its highs on Thursday and Friday of 32.5-34.5 cents and this is not surprising as looking at the heavy volumes it was traded on the last three days which were 61.056, 101.353 and 61.737 millions respectively, profit taking is inevitable. In fact the retreat is rather healthy and the 26.25 million volume it was traded on today is rather thin in comparison and does not constitute much of an alarm.

Do take note though D+1 for contra trades made last Wednesday during the first upsurge falls tomorrow and fiercer selling might be seen with stronger volume. This might go on till the end of the week with contra players bailing out and might result in price dips which might present a good opportunity to accumulate.

Big players might also take this as an opportunity to depress price further to accumulate and might contribute to price dipping as low as 28 cents which I take as the support level.

If price holds above this there is a good chance Penguin will continue its uptrend to test the now current resistance at 33 cents and if it breaks this then another break out should ensue.

 

more likely a T+3/4/5 type of consolidation

 

hi guys,

from the charts, was it a cup and holder formation from 4/16 to 6/7?

anyone can advice if i interpreted the chart correctly?
 

 

hi guys,

from the charts, was it a cup and holder formation from 4/16 to 6/7?

anyone can advice if i interpreted the chart correctly?
 

 

So should let go now before price drops further? Any advice from the "si fu" out there?

 

The chart shows down trend......

 

What happened to Happy Feet.....profit taking???/

 

WHY PENGUINS WILL FLY HIGHER IN LONG TERM

1) US hedge fund invested 30 mil in convert bond- more $$$ for potiential restructuring..... ridning the offshores oil and gas boom.
2) Penguin shipyard to be listed separately with bonus 40% shares to be distributed evenly to all Penguin shares holders in due dates.... this will push the mother price even higher if on it's listing in Sesdaq commands a good response. Good News........
3) Penguin has been shortlisted for several transportation managements projects in Middle East .. waiting for further annoucement to push the price even higher...
4) Penguin is currently dev a shipyard in Batam island it just purchased.
5) The Shipyard has won more than US $ 37 mil orders in 2007. 3 x more 2006

Quoted from the Edge. Just to share with those vested.


TODAY SELL OFF IS JUST TO COVER THOSE BUY IN CONTRA POSITIONS.... GOOD TIME TO ACCUMULATE.. BASE ON MACD,.... BREAKOUT SOON.

 

The only reason can think off is profit taking

 

Holidays are usually taken when the market falls and money is lost...

But with such "cheonging" everywhere, why go on holiday???...

ie. one takes a holiday break if one is not doing well in the market...

just like what the great trader Gary Smith does... 

 

Hope this is a short holiday....

 

Its ok to go for holiday.....everyone needs a break BUT just remember to come back hor.... :P