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it didn't syn with CO price, instead buoyant with STI. small wave, still optimistic.
dow now down 31.51 pts n oil up 1.51/b [but at 10.35 ET oil px cud change either way depending on oil stk report], so sti cud go down 2morrow but of course it cud also go higher 2morrow.......many hd successfully shorted when sti abv 3000.
Or one should have short when SPC hit $8 and it was coming down. Sometimes patience is better than rushing for "some action"
Now market has already gone down quite a bit. If you wish to short one should have done that when STI was above 3000.
nobody knows when it'll hit 8 or 9....just short on any bearish day in tis sort of volatile mkt.
But we buy based how we weigh risk situation. Just as when market is high, far less risk to buy put warrant compared to buying call warrant and vice versa. Well let's see. You might be right and I might be wrong
lookcc ( Date: 09-Jul-2008 21:08) Posted:
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Yeah, the 29th does seem kind of far off given this kind of volatile mkt.
WHEN will it hit $8 or $9....
shud dow close negtv 2morrow morning n oil px goes further up, y not? result wud b out only on 29 tis mth....14 trading days more to go b4 cd, unlikely not a few of these 14 days wud b good 4 shorting.
Ha ha, Livermore, that was a quick response; lookcc has a shorting reputation?
If that is expected still dare to short?
tat's wat tat's anticipated.
Wat will be the anticipated dividends?between 20 to 25 cts per share?
spc 1st.half result wud b out on 29th july.
ha ha, sorry loh. wrong command, don't move.
this burger closed at 6.91 at 1700. up 3 cts to 6.94 during pre-close period. someone play high. 2morrow got chance to see green again, be it CO up or down tonite.
Cheers.
Hee hee, why suddenly change channel on me?
Aiyo, hope SPC will see better tomorrows, either high high or low low.
AK_Francis ( Date: 08-Jul-2008 14:35) Posted:
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bang, maaf lah, apa chakap " sw newspaper exp... how you interviewed for the job"??
OneSharer ( Date: 09-Jul-2008 11:13) Posted:
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May not even limp below $6.30 until ex, I think.
AK, wonder about your sw newspaper exp...how you interviewed for the job hee hee.
178investors, therez also rambutan here.
basically, if CO soften, DJ will rise. likewise other global markets. SPC will follows STI as well. AK opine that this burger will not limp below 6, at least b4 the interim div payout. suggest to buy in for incubating b4 21 Jul, or around that date.
oil is dropping!!! like the sky is falling...
SPC <$6? :)
even if dow close postv, spc good 4 shorting 2morrow???