
If I recall correctly, some brokerage house indicated support at $0.56 for this counter by the end of the year. Wow no need to wait till then. It's fast forward action. It will take a very brave person to jump in at this level. I cannot imagine when HK, Tokyo bourse opens tomorrow. I bet investors wish it wasn't a holiday today. Having said that it could be a blessing in disguise. U never know. Good luck!!!
jackjames ( Date: 15-Sep-2008 12:00) Posted:
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with such a threatening market condition, like loss in jungle that type of feeling.
but still be steady, dun be too stressful loh.
this counter drop a lot today... about 17% now.
Highly leveraged co. U may want to exercise caution and the prevailing conditions aren't helping at all. After Lehmann tonite, there are others who may file for chapter 11.
TradeChancellor ( Date: 14-Sep-2008 14:36) Posted:
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testing .. pasting yahoo charts ..F33.SI





My gut feel is that you could pump in your funds here as 1H2008 net profit is 418m RMB vs 146m RMB in 1H2007. Thats like almost 3x increase in net profit. But the stock price is like only $0.67, a third of an all time high of $2++ before the credit crunch.
caveat emptor
supports :
0.655 (low as at 6th Oct 2006)
0.555 (low as at 9th June 2006)
caveat emptor
I need TA expert to tell me the next support point... the volume last 2 trading day is huge, and the price coming down, a very bad sign indeed.
it reminded me of Sino-environ. during the last selldown.
went down to $0.70 and rebound very fast. Hope this
one will stop at this px and rebound from here on Monday.
what is wrong with FerroChina? Any fundamental problem ? or just purely poor market sentiment?
apart from that, at what price is a good entry?
Cheong??? Which direction please. . . ?

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16:25 | XFN |
FerroChina undertakes rebuilding project in Sichuan with DongFeng Design cheong aarrhhh... |
Something is brewing for this counter, watch out for this babe.... sure fire...

Those who played contra/naked short would have earned themself some kopi money today.
JP Mogan down grade ferro that why drop sharply since few day back after the news
What happened? Why the sudden drop?
The last time i bought 115, i think this time 115 coming. With commodities coming down can the px go up? i hardly think so.
Hi experts, what is the trend for Ferrochina now? Is steel price increasing? Today's market is down trend, dun really know how to judge...need some expert advice. thanks
today did manage to break 133 but din hold well..dunno if can attempt to break thru tmro or nt