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The stock market is a treacherous beast, but sometimes it is quite kind to some of us. When there is an opportunity to take this kindness, we must do so.
Help me understand. What your meant by next week is now you don't own the stock. you sell at 54.4 and next week you buy back at 50 by using CFD. Am I right?
tchoonw ( Date: 12-Dec-2008 10:13) Posted:
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shorted at 54.5...set to drop below 50 by next wk!
What a big deal just received few m contract !!??
New contract for Midas 7.4million euro. Should be good news for this counter. Hopely more contracts closer to home. Vested
Be patient mah. This burger is like this. Pretending to be weak then gets strong. Then repeats again and again. If got patient can make you rich. I got some at 36 and let go a few. Can get you rich if you have good patience.
tchoonw ( Date: 11-Dec-2008 14:56) Posted:
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this bugger looks freaking weak today! shorted at 54.5c and set to trash below 50c soon...
By Mar 2009, if got chinese gov contract sure up to $1.00. I am quite confident the management should be able to get some contracts from the chinese gov.. it is a matter of more or less.. If can get 1 to 2 billion contract best...
Anyway they are spent more than 40bilion on rail.. 1 to 2 billion not much...
I remembered I bought this at $1.20 some months back. You think can reach soon?
At this rate of increase, my investment will be $1.00 per share at the start of 2009... =D..
56 cents ler. Everyday up 3 cents for many days... Still consider cheap judging at the potential of contracts from china gov...
BB buying up..
Yeah... up up double
Thx man. Still holding just bleach 50 cent mark.. Will catch up with Straits Asia very soon.. Hee Hee
Congratulations.
leechongpeng ( Date: 02-Dec-2008 08:24) Posted:
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Just sold Midas and make profit. Thank.
knightbridge ( Date: 27-Nov-2008 12:07) Posted:
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Leechongpeng
up up again =D
Thank for your advise. Brought at 0.405.
knightbridge ( Date: 19-Nov-2008 14:55) Posted:
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Not only that, China's market are rock solid recently, up another 6% today.
MIDAS is foundamentally supported by the news of China's stimulus.
leechongpeng i think time to be vested in the counter. look like someone is still accumlulating in this few days. Surprising the stock is quite resilient even this few days of turmoil. Shortist dun dare to short the counter, in case it annouce it have got a big china governent contract.
Got to have some patience to wait for good news to come i think